News 

Apple’s interest in healthcare could bear fruit

“Crossover Health operates on-site health and wellness centers for self-insured employers (Apple is a Crossover Health customer), while One Medical operates primary care facilities” writes Evan Niu for businessinsider.com. It seems that Apple’s main goal in such a possible move would be in bolstering its health data collection capabilities.It’s pretty clear that Apple’s ambitions around improving people’s health are only growing.Investors haven’t seen the end of Apple’s health-related ambitions, not by a long shot. Source: businessinsider.com Share This:

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Flight of EU workers leaves care sector with more vacancies

“Like social care, health and medicine has been affected by the flight of EU nationals, it said” writes Rhiannon Bury for telegraph.co.uk. The firm suggested that this was due to both the sector, which already employs 1.5 million workers, expanding, and a number of EU workers leaving the country.Adverts for jobs in the social care sector have leapt by 64pc since last year, according to recruitment site Reed, as the industry expands and the number of workers from the European Union decreases. Source: telegraph.co.uk Share This:

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News Oil 

Trump might not be able to hit Iran’s oil industry as hard as Obama did, analysts say

“The assessments come after Trump announced plans to toughen the terms of the 2015 Iran nuclear deal, which saw Tehran limit its nuclear program in exchange for sanctions relief” writes Raheb Homavandi for cnbc.com. President Donald Trump may find it difficult to prevent Iran from selling its oil, a proven way to pressure the U.S. adversary, if he decides to renew sanctions on Tehran, analysts warn.While close U.S. allies in Europe, South Korea and Japan would likely curtail oil purchases from Iran if Trump restores U.S. sanctions, Asian buyers like…

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Tech sector holds firm as DOJ insists on ‘strong encryption’

“This was a top priority for former FBI Director James Comey, who initiated a dialogue on the issue with tech companies that largely went nowhere” writes Charlie Mitchell for washingtonexaminer.com. “But that is the world that technology companies are creating.”. Sources said that with encryption legislation seemingly off the table, there is no need to engage in a debate with the administration over the issue.Those efforts fizzled amid opposition from the tech sector and a lack of support from the Obama administration.Deputy Attorney General Rod Rosenstein on Oct. 10 blasted…

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News Platforms 

Payments Platform Alt Thirty Six Integrates Dash for Cannabis Sector

“Alt Thirty Six, a digital payments platform, has announced that it will integrate the cryptocurrency Dash as a method of payment” reports financemagnates.com. Arizona-based Alt Thirty Six will provide a new solution, the 36 platform, that enables businesses to accept Dash, rather than absorb cash handling or card fees.The Alt Thirty Six / Dash payment platform eliminates the need for cash-related activities for businesses by using blockchain technology and Dash currency to facilitate the transfer of funds between merchants, suppliers, vendors, and customers.Through our collaboration with Dash and many of…

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News Stocks 

Wall Street analysts expect gains of up to 64% on their favorite health-care stocks

“So here we follow up by singling out the large-cap health-care stocks that Wall Street analysts favor the most” writes Investing Columnist for marketwatch.com. But the long-term thesis for the health-care sector is intact, with an expanding customer base as the population ages, along with continued advancement in research, technology and equipment.The S&P 500 Index SPX, +0.23%  has returned 16% this year, led by the information-technology sector, which has returned 30%, followed by health care, at 22%.Jeff Reeves made the case for the U.S. health-care sector’s potential, highlighting five ETFs…

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News Stocks 

Dow ends lower, retreats from records as Goldman, UnitedHealth weigh

“U.S. stocks finished lower Thursday, retreating from records set in the previous session, as investors parsed the first of a batch of third-quarter corporate results from the banking sector” writes Mark Decambre for marketwatch.com. The S&P 500 index SPX, -0.17% closed down 0.2% at 2,550, while the Nasdaq Composite Index COMP, -0.18% retreated 0.2% at 6,591. Source: marketwatch.com Share This:

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News Oil 

BNP Paribas to stop financing shale projects

“A BNP Paribas spokeswoman declined to comment on the bank’s exposure to shale and oil sands projects, but analysts estimate that it is limited” writes Noemie Bisserbe for marketwatch.com. Earlier this year, BNP Paribas said it won’t finance coal energy sector companies that aren’t seeking to diversify their energy sources.BNP Paribas won’t finance oil or gas projects in the Arctic region either, the bank said.The shale oil sector has boomed over the last three years, despite a steep drop in oil prices.BNP Paribas is one of the first banks to…

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French public sector workers protest against Macron budget cuts

“The prime minister, Edouard Philippe, insisted that bonuses and tax measures would be introduced for public sector workers and that only 1,600 public sector jobs would disappear next year” writes Angelique Chrisafis for theguardian.com. Thousands of French public sector workers have gone on strike and staged street demonstrations across France to protest against Emmanuel Macron’s budget cuts and pro-business agenda.Union leaders said they wanted to show a “profound disagreement” with the president’s plans to overhaul the state sector, accusing him of “stigmatising” state workers and favouring private business.Macron, like previous…

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The Latest: French protesters express fear of more cutbacks

“Nine public sector unions have called for nationwide industrial action Tuesday to protest against what they say is a deterioration in work conditions” reports foxbusiness.com. A strike by French public sector workers is affecting schools, hospitals and public services and causing disruptions in domestic air traffic.Police are using tear gas and batons to push back protesters throwing projectiles at a demonstration in Paris over public sector job cuts and salary freezes. Source: foxbusiness.com Share This:

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