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Somerville leaders raise $1.125 million for UT Martin center

The Associated Press  |  Posted  Jul 27th - 4:20am

Leaders in Fayette County have raised $1.125 million for the development of an educational outreach center in Somerville that will be operated by the University of Tennessee at Martin.

Correction: Yemen story

The Associated Press  |  Posted  Jul 27th - 4:00am

In a story on July 26 about Yemen's dialysis centers reaching a breaking point, The Associated Press erroneously reported that Doctors Without Borders said import restrictions in Yemen are caused by the Saudi-led coalition waging war on Yemen's Shiite rebels. While rights groups have attributed Yemen's blockade to the coalition, the group has not directly linked the import restrictions to the coalition.

EU appoints Frenchman Barnier as Brexit negotiator

The Associated Press  |  Posted  Jul 27th - 3:40am

The European Union has appointed Frenchman Michel Barnier to lead to the negotiations on Britain's exit from the union once London decides to initiate the talks.

Air France warns of drop in travel to France after attacks

The Associated Press  |  Posted  Jul 27th - 3:40am

Air France, facing a strike by cabin crew at the height of the summer vacation season, is warning of pressure on its finances amid concerns about France as a tourist destination after a string of deadly attacks.

Deutsche Bank barely ekes out profit in 2nd quarter

The Associated Press  |  Posted  Jul 27th - 3:30am

Deutsche Bank says its second-quarter profit dropped 98 percent as the company pushed ahead with a restructuring effort and uncertainty over events such as Britain's vote on European Union membership weighed on markets.

Nissan quarterly profit down 11 pct on yen, shrinking sales

Yuri Kageyama, Associated Press  |  Posted  Jul 27th - 3:30am

Japanese automaker Nissan Motor Co. is reporting a 136.4 billion yen ($30.7 million) profit for the fiscal quarter through June, down nearly 11 percent from the same period a year ago, after a mileage testing scandal at its supplier hit its minicar sales in Japan.

Lower oil prices push Norway's Statoil to Q2 loss

The Associated Press  |  Posted  Jul 27th - 3:30am

Norwegian oil and gas company Statoil ASA posted a loss in the second quarter, pushing it to rein in investment this year.

Malaysia Airlines inks $2.75B deal for 50 Boeing Max jets

The Associated Press  |  Posted  Jul 27th - 3:10am

Malaysia Airlines said Wednesday it has agreed to buy up to 50 Boeing Max planes in a deal worth $2.75 billion as part of its fleet renewal and said it hopes to relist on the stock exchange by 2019.

UK economy grew faster than expected in run-up to EU vote

The Associated Press  |  Posted  Jul 27th - 3:00am

Britain's economy grew faster than expected in the second quarter — a period that mostly pre-dates the vote to leave the European Union — with expansion across services, particularly in retailing and auto manufacturing.

Nintendo sinks into loss despite 'Pokemon Go' global success

Yuri Kageyama, Associated Press  |  Posted  Jul 27th - 2:51am

Japanese video game maker Nintendo Co. sagged into a loss of 24.53 billion yen ($232 million) for the fiscal first quarter through June, despite the global success of the "Pokemon Go" augmented reality game.

Daimler breaking ground on $500M South Carolina plant

Bruce Smith, Associated Press  |  Posted  Jul 27th - 2:30am

Mercedes-Benz Vans is breaking ground on a new $500 million assembly plant to build Sprinter vans in South Carolina, an operation that will add about 1,300 jobs to the state's burgeoning automotive workforce.

Airbus profits up but problems persist with A400M, A350

The Associated Press  |  Posted  Jul 27th - 2:30am

Airbus Group suffered 1.4 billion euros in losses linked to its troubled A400M military transporter and A350 passenger jet in the first half of the year, though profits rose thanks to asset sales and a satellite launch merger.

Pharmaceutical giant GSK invests in British sites

The Associated Press  |  Posted  Jul 27th - 2:20am

GlaxoSmithKline is investing some 275 million pounds ($360 million) into three plants in Britain, sweeping aside concerns about growth following the country's decision to leave the European Union.

Senator: Is Medicare drug plan vulnerable to exploitation?

Ricardo Alonso-Zaldivar, Associated Press  |  Posted  Jul 27th - 1:21am

A senior senator is examining whether Medicare's prescription drug benefit is vulnerable to manipulation by pharmaceutical companies that set very high prices for medications.

Nightclub shooting latest for city seeing rise in violence

Tamara Lush, Associated Press  |  Posted  Jul 27th - 1:12am

In the past year, there have been at least six shootings in the Fort Myers area, a place known more for its stunning Gulf beaches than for gun violence. The latest shooting at a club that was hosting a teen party has residents worried the city may be increasingly unsafe.

Bill Clinton tells a love story to make his case for Hillary

Lisa Lerer, Associated Press  |  Posted  Jul 27th - 12:20am

There have been millions of words, decades of video and reams of commentary devoted to their story. It's been dissected, defended and decried at kitchen tables and on cable news, in tabloids and classrooms.

NTT Communications Expands Enterprise Cloud's Service Areas and Functions for Conventional and Cloud-Native ICT Environments

Ntt Communications Corporation, Associated Press  |  Posted  Jul 27th - 12:10am

West Japan (“JP2”), Hong Kong (“HK1’) and Germany (“DE1”) — are available immediately. New functions in the existing East Japan (“JP1”) area will include the sequential additions of vSphere ESXi and block storage with guaranteed IO performance (see attachment for prices).

Daimler's mytaxi, British rival Hailo to merge

The Associated Press  |  Posted  Jul 26th - 11:50pm

Daimler's mytaxi and British rival Hailo are merging to form Europe's biggest app-based cab ordering service.

Apple supplier LG Display puts $1.8B into flexible displays

Youkyung Lee, Associated Press  |  Posted  Jul 26th - 11:20pm

LG Display Co., a supplier of Apple's iPhone screens, said Wednesday that it will invest 1.99 trillion won ($1.75 billion) to produce flexible displays for smartphones, in a sign that more high-end smartphone makers may adopt flexible screens in the near future.