Brazil Court Majority Votes Against Lula in Graft Appeal

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Brazil Court Majority Votes Against Lula in Graft Appeal

Two out of three judges on a Brazil appeals court have voted to uphold a graft sentence against former President Luiz Inacio Lula da Silva, a ruling that could prevent him from running in this year's general election. Barring a request by the third judge to delay his vote, the court will uphold Lula's
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SEC Probing GE's Accounting After $15B Insurance Shortfall

Law360, New York (January 24, 2018, 12:56 PM EST) — The U.S. Securities and Exchange Commission is investigating the circumstances behind the $15 billion General Electric Co. is adding to reserves for its reinsurance arm after it reassessed the rising cost of claims made under long-term care
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SpaceX Fires Falcon Heavy Engines in Step Toward Maiden Launch

Elon Musk's Space Exploration Technologies Corp. has completed a key milestone as it gears up for the maiden flight of its larger and more powerful Falcon Heavy rocket. SpaceX on Wednesday successfully performed a “static fire” test, a routine performance check where the rocket's first-stage engines
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Pot Growers Aurora, CanniMed Agree to a $1 Billion Merger

Investors will get 3.4 Aurora shares for each CanniMed share, or they can accept cash limited in aggregate to C$140 million, the companies said Wednesday in a joint statement after Bloomberg News first reported the agreement. The takeover comes amid a wave of consolidation in Canada's
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Markets Are About to Get Ugly According to These Charts

Ray Dalio, founder, chairman and co-CIO of Bridgewater Associates, says bonds are in a bear market. Optimism has peaked, according to two widely followed measures of U.S. economic sentiment. If history is any guide, bouts of equity volatility and plunging Treasury yields will soon follow. The U.S. Citi
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