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Market Update  

- By Lucy Craymer Nintendo soars, boosting Nikkei; Taiex hits fresh 28-year high As most Asia-Pacific stock markets ended the week higher, Australia has underperformed with a noted drop in ...
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US oil output is booming and seen outpacing Saudis, Russia
(Steve Gonzales - Houston Chronicle via AP)
From Associated Press
January 19, 2018 6:19 AM EST

PARIS (AP) — U.S. oil production is booming and is forecast to top that of heavyweight Saudi Arabia and rival Russia this year, a global energy agency said Friday.

LONDON (AP) — Retail sales in Britain sank in the holiday shopping month of December, official figures showed Friday, rounding off the worst year in four as a Brexit-related rise in inflation weighed on spending.

WASHINGTON (AP) — Imagine if cigarettes were no longer addictive and smoking itself became almost obsolete; only a tiny segment of Americans still lit up.

LONDON (AP) — British Foreign Secretary Boris Johnson has suggested that Britain and France should build a bridge across the English Channel to bolster links between the two nations after Brexit.

HONG KONG (AP) — Asian and European stock markets were moderately higher and the dollar retreated Friday as the threat loomed of a U.S.

WASHINGTON (AP) — Threatening to shutter the federal government unless demands are met — who would do that? Members of both parties, it turns out.

DETROIT (AP) — For some of the 200-plus cities knocked out of the running for Amazon's second headquarters, the effort may turn out to be a trial run for other opportunities.

WASHINGTON (AP) — It's a stretch, at best, to think the military would bear the brunt of a partial government shutdown, as President Donald Trump asserted Thursday at the Pentagon.

WASHINGTON (AP) — A top manager who supervises the Environmental Protection Agency program responsible for cleaning up the nation's most contaminated properties and waterways told Congress on Thursday that the government needs to plan for the ongoing threat posed to Superfund sites from climate change.

HAVANA (AP) — On a sweltering early summer afternoon in Miami's Little Havana, President Donald Trump told a cheering Cuban-American crowd that he was rolling back some of Barack Obama's opening to Cuba in order to starve the island's military-run economy of U.S.

LOS ANGELES (AP) — The parent company of the Los Angeles Times is investigating allegations of inappropriate behavior by Ross Levinsohn, the newspaper's CEO and publisher.

HONG KONG (AP) — Asian stock markets were uneven and the dollar fell on Friday following Wall Street's retreat as the threat of a U.S.

NEW YORK (AP) — IBM reported its first quarter of revenue growth in more than five years as the company ramps up its cloud computing business and looks for new opportunities from its investments in artificial intelligence.

Amazon's move to whittle its list for a second headquarters leaves more than 200 municipalities disappointed. Here are statements from some of the places that didn't make the tech giant's cut to 20 contenders: ___ DETROIT "We would have loved to have made it into the next round for Amazon's second headquarters but everyone here is incredibly proud of the proposal we submitted," Mayor Mike Duggan said.

NEW YORK (AP) — Credit card company American Express posted a $1.2 billion loss in its latest quarter after booking large one-time charges related to the new tax law.

TRENTON, N.J. (AP) — Several major not-for-profit hospital groups are trying their own solution to drug shortages and high prices: creating a company to make cheaper generic drugs.

CAMBERLEY, England (AP) — The leaders of Britain and France met Thursday against a military backdrop to pledge closer cooperation on defense, security and borders after Britain leaves the European Union.

NEW YORK (AP) — Amazon's second home could be in an already tech-heavy city, such as Boston, New York or Austin, Texas. Or it could be in the Midwest, say, Indianapolis or Columbus, Ohio.

NEW YORK (AP) — Newlywed Ziad Dallal and his wife arrived home in New York, with wedding keepsakes in their bags, to find John F.

MINNEAPOLIS (AP) — Key senators and farm groups are trying to fix a provision in the federal tax overhaul that gave an unexpected tax break to farmers who sell their crops to cooperatives rather than regular companies.

NEW YORK (AP) — The Trump-appointed acting director of the federal government's consumer watchdog agency requested zero dollars of funding for its second-quarter budget, saying he intends to first spend down the agency's rainy day fund.

WASHINGTON (AP) — Interest rates on long-term home loans rose this week to the highest level in months. Mortgage giant Freddie Mac said Thursday that the rate on 30-year, fixed-rate mortgages rose to 4.04 percent this week, highest since May and up from 3.99 percent last week.

NEW YORK (AP) — Morgan Stanley's earnings fell 59 percent in the fourth quarter, the company said Thursday, as the investment bank had to book $990 million in charges related to the new tax law.

DUBAI, United Arab Emirates (AP) — The Middle East's largest airline, Emirates, is throwing Airbus a lifeline for its troubled A380 jumbo jet.

Here's a list of the 20 places still in contention for Amazon's second headquarters: Atlanta Austin, Texas Boston Chicago Columbus, Ohio Dallas Denver Indianapolis Los Angeles Miami Montgomery County, Maryland Nashville, Tennessee Newark, New Jersey New York Northern Virginia, Virginia Philadelphia Pittsburgh Raleigh, North Carolina Toronto Washington D.C.