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Academy Awards Britain Entertainment Leslee Dart New York Top News 

Triple Oscar winner Daniel Day-Lewis retiring from acting

June 20, 2017 By Jill Serjeant LOS ANGELES (Reuters) – Three-time Oscar winner Daniel Day-Lewis is retiring from acting, his spokeswoman said on Tuesday, ending a storied movie career that includes performances in “Lincoln” and “Gangs of New York.” Day-Lewis, 60, the only man to have won three best actor Oscars, gave no reason for his decision, calling it private. “Daniel Day-Lewis will no longer be working as an actor,” his publicist, Leslee Dart, said in a statement. “He is immensely grateful to all of his collaborators and audiences over…

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case Entertainment Linda Fairstein New York Noeleen Walder Top News 

Cosby retrial could favor defense though publicity a wild card

June 18, 2017 By Anthony Lin and Noeleen Walder (Reuters) – A retrial of Bill Cosby on sexual assault charges will likely offer major advantages to the defense, former prosecutors and defense lawyers say, but the enormous publicity surrounding the case may also produce a second jury that is more eager to convict. Judge Steven O’Neill of the Montgomery County Court of Common Pleas in Pennsylvania declared a mistrial on Saturday after jurors said they were deadlocked after 52 hours of deliberations. Montgomery County District Attorney Kevin Steele immediately announced…

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Business consumer election New York Snap Inc 

Tech to see bump in growth weighting in Russell rejig

June 17, 2017 By Chuck Mikolajczak NEW YORK (Reuters) – The largecap technology sector is expected to see a bump in its growth weighting when index provider FTSE Russell completes the annual refresh of its benchmarks next Friday, a move that could lift tech shares targeted in the rejig. The increased significance of tech comes on the heels of an around twenty percent gain in the sector this year which led to a pullback over the last week. FTSE Russell finalizes its annual refresh of its widely-followed indexes on June…

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accounts Florida Money New York state Top News 

Your Money: Money secrets of parents with multiple kids in college

June 15, 2017 By Beth Pinsker NEW YORK (Reuters) – Sometime soon after his fourth child was born, it dawned on Howard Krooks that he was going to be on the hook for 12 consecutive years of college tuition payments when they all grew up. It scared him into action. “I’m a planner. I don’t like surprises,” said Krooks, an elder law attorney in Boca Raton, Florida. Krooks figures he will spend upwards of $1 million to put four children through college. His oldest child is now 19 and attending…

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Puerto Rico’s bankruptcy hearing marks reset of asset scramble

May 17, 2017 By Daniel Bases NEW YORK (Reuters) – Puerto Rico is due to embark on a bankruptcy process on Wednesday that could take years to resolve, as investors scramble to get the highest recovery on their bonds. The debt is still trading at elevated levels versus what the government has set aside for payment under its financial recovery plan, and creditors worry about whether they will be able to recoup at those prices. Whether they get that level of recovery is debatable, according to investors and analysts, as…

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Life-science tool stocks thrive away from Obamacare glare

May 15, 2017 By Lewis Krauskopf NEW YORK (Reuters) – Away from the political spotlight on Obamacare and high medicine prices, a section of the U.S. healthcare industry is quietly thriving on the stock market. The S&P 500 life sciences tools and services index, which includes companies such as Waters Corp and Thermo Fisher Scientific Inc that provide laboratory instruments for research by pharmaceutical companies, academia and industrial labs, has soared 27 percent this year. That tops the 9 percent rise for the broader S&P 500 healthcare sector, which has…

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Technicals stand out amid a quiet market

May 12, 2017 By Rodrigo Campos and Terence Gabriel NEW YORK (Reuters) – As the strongest earnings season since 2011 draws to a close, and with the S&P 500 and Nasdaq Composite hovering near record highs, the biggest concern for some market analysts is, well, the lack of concern. The largest daily move on the S&P 500 in almost three weeks was only 0.4 percent. The small daily moves are partly the reason for a more than 20-year closing low hit this week on the CBOE Volatility index , a…

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Grammy Awards leaves Los Angeles for New York in 2018

May 10, 2017 LOS ANGELES (Reuters) – Music’s biggest night is heading to New York next year after more than a decade in Los Angeles, the organizers of the annual Grammy Awards said on Tuesday. The 60th Grammy Awards will take place on Jan. 28 at Manhattan’s Madison Square Garden arena, where the ceremony was last held in 2003, the Recording Academy and CBS Corp, which televises the live event, said in a statement. The move to bring the prestigious event, staged at the Staples Center in downtown Los Angeles…

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Property, merger bets dominate picks at Sohn conference

May 8, 2017 By David Randall and Svea Herbst-Bayliss NEW YORK (Reuters) – Shares in a real estate developer, a cable company and the Canadian creator of the Teletubbies show all rose on Monday after being promoted at an event in New York where hedge fund managers present a diverse range of investment ideas. The optimism on show among conference speakers marked a change from last year, when several had expected slowing global economic growth. A late 2016 equities rally however left the average hedge fund performance lagging the broader…

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Pemex seeks investors for its refineries, but who’s buying?

May 6, 2017 By Jessica Resnick-Ault and David Alire Garcia NEW YORK/MEXICO CITY (Reuters) – Sweeping energy reforms have turned Mexico into one of the world’s most attractive offshore prospects, but one segment is getting no love from U.S. investors: the nation’s aging refineries. Efforts by Mexico’s state-owned oil company Pemex to attract about $5 billion in capital to help modernize its two largest refineries so far have proved futile, according to two people familiar with the process who declined to be named because they were not authorized to speak…

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