Super Bowl blackout traced to preventive equipment

NEW ORLEANS (AP) — An electrical device that had been installed expressly to prevent a power outage caused the Super Bowl blackout, the stadium's power company said Friday as it took the blame for the outage that brought the game to a halt for more than a half-hour.Officials of Entergy New Orleans, a subsidiary of New Orleans-based Entergy Corp., said the device, called a relay, had been installed...

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Why I dread Chinese New Year

Kids see Chinese New Year through rose-tinted glasses.STORY HIGHLIGHTSZoe Li: As an adult, Chinese New Year is an annual nightmareIt's a time when relatives have the right to be judgmentalSuperstitious Chinese New Year foods often aren't that tasty(CNN) -- For me, Chinese New Year used to be fun.When I was a kid, I was excited during Chinese New Year when I got lai see and I could stay up late. I...

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HMV boss Moore axed as one of 60 redundancies: source

LONDON (Reuters) – Administrators at HMV, the British music and video retailer which hit the rocks last month, have made the group’s chief executive Trevor Moore redundant, according to a source familiar with the situation.Deloitte, which was appointed as administrator by HMV after the firm struggled against competition from online retailers, supermarkets and streaming sites, had on Friday announced...

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How Samsung Is Winning the Ad War With Apple

FacebookLinkedInGoogle PlusEmailPrintPlay Feb. 7 (Bloomberg) — Bloomberg Businessweek’s Sam Grobart has bad news for Apple: Samsung is winning the messaging wars with ads that are more clever, more current and connect more directly with consumers.FacebookLinkedInGoogle PlusEmailPrintBusinessweek.com — Top NewsTitle Post: How Samsung Is Winning the Ad War With AppleUrl Post: http://www.news.fluser.com/how-samsung-is-winning-the-ad-war-with-apple/Link...

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US mortgage rates stay this week near record lows

The average U.S. rate on the 30-year fixed mortgage was unchanged this week near historic lows.Here’s a look at rates for fixed and adjustable mortgages over the past 52 weeks:Current avg.Last week52-week high52-week low30-year fixed3.533.534.083.3115-year fixed2.772.813.302.635-year adjustable2.632.702.962.631-year adjustable2.532.592.842.52All values in percentage pointsSource: Freddie Mac Primary...

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Wall Street dips on renewed euro zone concerns

NEW YORK (Reuters) - Shares fell on Thursday after the euro currency dropped against the safe-haven dollar and yen, raising worries about Europe's outlook and curbing investors' appetite for risky assets such as stocks. The euro sank after European Central Bank President Mario Draghi said the exchange rate was important to growth and price stability, which investors took as a sign the...

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NFL reinstates Williams, Titans add him to staff

NASHVILLE, Tenn. (AP) — The NFL has reinstated Gregg Williams after suspending him for his role in the New Orleans' bounty scandal, and the Titans have added him to their coaching staff.The NFL ended Williams' indefinite suspension Thursday and approved the Titans' contract hiring Williams. Tennessee also announced in the same release that Williams had been hired as a senior assistant coach for its...

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Bring drones out of the shadows?

STORY HIGHLIGHTSJohn Brennan's confirmation hearing is a chance to ask about drone program, author saysSarah Holewinski: Brennan is one of a few officials who knows full story on dronesShe says senators need to ask about damage drone program does to civilians, U.S. reputationHolewinski: CIA should hand over drone program to Defense DepartmentEditor's note: Sarah Holewinski is executive director of...

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RBS fined $612 million for rate rigging

LONDON (Reuters) – Britain’s Royal Bank of Scotland was fined $ 612 million and a subsidiary admitted to a criminal offence as regulators nailed a third bank in a global investigation into rigging of benchmark interest rates.RBS, 82-percent-owned by the state after a bailout at the height of the 2008 financial crisis, said on Wednesday it was cutting bonuses to help pay for the fine, in a bid to avoid...

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How To Transition Into A Finance Career

Transitioning into a finance career after you’ve spent many years in another industry may seem exciting to some and daunting to others. The world of finance may offer a greater challenge as well as potential improvements in compensation, among other benefits. If you are pondering a midlife career change that involves a transition into finance, then here are a few tips that will help you make the transition.Take...

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