Trump: Voters must support GOP in Pittsburgh-area House race

Trump: Voters must support GOP in Pittsburgh-area House race

President Donald Trump told western Pennsylvania voters Saturday night that his new tariffs were saving the steel industry and urged them to send a Republican to the House so he can keep delivering those kinds of results. The president lent his weight to Republican Rick Saccone in the final days of a surprisingly competitive special election outside Pittsburgh that could reverberate nationally ahead of the November midterm elections. “We need our Congressman Saccone,” Trump said,…

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China allows Xi to remain president indefinitely

China allows Xi to remain president indefinitely

China’s largely rubber stamp parliament on Sunday passed a series of constitutional amendments, including one that removes presidential term limits, allowing President Xi Jinping to remain in office indefinitely. The announcement of the vote, witnessed by reporters in the Great Hall of the People, passed with two “no” votes and three abstentions among almost 3,000 delegates. China’s ruling Communist Party proposed the amendment last month and there was never any doubt it would pass as…

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Facebook antagonist Senator Mark Warner is now concerned about bad security on connected devices

Facebook antagonist Senator Mark Warner is now concerned about bad security on connected devices

With the growing number of connected devices in the world, especially voice-activated devices that listen constantly, Sen. Mark Warner, D-Va., is worried about the security of our conversations. “The challenge has been so far is the devices makers on the higher end are happy to help, but if somebody is selling a cheap appliance or a cheap sensor and it costs $10 or $15, they don’t want to spend the extra $0.15 or $1 to…

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As Nasdaq hits record highs, a veteran tech investor warns a correction ‘could happen at any time’

As Nasdaq hits record highs, a veteran tech investor warns a correction ‘could happen at any time’

The investor known for running the world’s largest technology fund during the dotcom boom is refreshing his call for investors to keep their portfolios light on the tech sector. Sloy, Dahl & Holst chief investment officer Paul Meeks sees near-term trouble approaching based on frothy stock prices. “Because they’re so volatile high beta [risk] stocks, when they correct they don’t just go down 2 percent. They go down 20 percent,” he said Friday on CNBC’s…

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Trump may tap ex-Microsoft, GM executive Liddell to succeed Cohn: Report

Trump may tap ex-Microsoft, GM executive Liddell to succeed Cohn: Report

Former Microsoft and General Motors CFO Christopher Liddell could be a top choice to replace Gary Cohn as President Donald Trump’s top economic advisor, according to a New York Times report published Saturday. The publication cited two unnamed sources briefed on the discussions saying Trump is “strongly considering” tapping Liddell to become the director of the National Economic Council. Earlier this week, Cohn announced his resignation, on the heels of Trump’s announcement that he would…

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Why Colombia’s elections are a test of investors’ willingness to ‘look beyond’ a fragile peace

Why Colombia’s elections are a test of investors’ willingness to ‘look beyond’ a fragile peace

On Sunday, Colombia will hold a parliamentary election that analysts view as the latest test of an increasingly fragile peace agreement — as well as the country’s ability to appeal to global investors. Decades of civil strife haven’t deterred investors from viewing Colombia — which the World Bank ranks even higher than more developed markets like China and South Africa as a country where it’s easy to do business — as a draw for capital….

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Here’s where to find good craft brew during the yearly SXSW blowout

Here’s where to find good craft brew during the yearly SXSW blowout

Each March, the population of Austin, Texas, swells as more than 70,000 enthusiastic visitors arrive ahead of the annual South by Southwest (SXSW) conference. The influential confab focuses on film, music, technology and innovation, and is a draw for upwardly mobile millennials. Like most of the U.S. population, SXSW attendees like to drink. Although millennials comprise only 25 percent of the adult population over 21 years of age, they account for a third of all…

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Ghanaian immigrant Abe Ankumah didn’t work on a computer until college — now he runs a data firm

Ghanaian immigrant Abe Ankumah didn’t work on a computer until college — now he runs a data firm

Ghanaian immigrant Abe Ankumah had never worked on a computer before enrolling in college at California Institute of Technology — now he runs data computing firm Nyansa. “Looking back at it, it’s crazy and also pretty humbling,” Ankumah told Fortt Knox for CNBC. “[The] first time, freshman year at Cal Tech, I had to get exposed to computers, and I guess as they say the rest is history.” Nyansa tracks network data, allowing businesses to…

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Third time’s the charm? Lottery hopefuls have another shot at 2 jackpots worth more than $300M

Third time’s the charm? Lottery hopefuls have another shot at 2 jackpots worth more than $300M

Will the third time be the charm? U.S. lottery hopefuls have another shot at two jackpots exceeding $300 million. The Powerball jackpot is currently $385 million, and the Mega Millions, $318 million. It’s the third time ever that both have simultaneously been above the $300-million mark. (Although large, neither of the current prizes is a record-setting amount: For either to land in the top 10 of U.S. jackpots, they would have to surpass the $487…

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Why the US could have China to thank for a potential boom in natural gas

Why the US could have China to thank for a potential boom in natural gas

A cold winter in China could be signaling a hotter market for a new wave of U.S. natural gas exports sooner than expected. Cheniere Energy CEO Jack Fusco said Chinese demand for liquefied natural gas was up 40 percent year-over-year and should continue to be strong. He said the growth in demand is about the size of Cheniere. “As we saw this winter, demand in Asia and China kind of surprised the market. What we…

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