Global mood for economies varies by nation in Pew survey
The Pew Research Center finds Americans and many Europeans view their economies as weak while Chinese Indians and Australians see strength. Greeks are chiefly pessimistic with 97 percent calling Greece' economy bad. The survey, conducted April 4 to May 29, predates Britain's June vote to exit the EU.
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Stocks rise as Nasdaq hits second record close in week
U.S. stocks rebounded from a late dip to gain on Tuesday led by health care and telecom shares. The Nasdaq closed at a fresh high, aided by earnings optimism and easing inflation. Major indexes extended year gains as data from China and global markets supported risk appetite.
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Delta cancels flights after computer outage halts operations
Delta Air Lines canceled about 300 flights Tuesday as it recovers from a Monday computer outage triggered by a power loss in Atlanta. The disruption followed about 1,000 canceled flights Monday nationwide. Delta offers waivers and 200 travel vouchers for affected travelers and urges status checks on its site or app.
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Tribune Media faces IRS hits over Zell era deals
Tribune Media writes down 193 million in Q2 taxes tied to Sam Zell 2008 Newsday sale and 650 million leveraged sale to Cablevision. IRS probes potential 500 million plus in penalties for Newsday and Cubs transactions. Valeant restructures under new CEO Joseph Papa amid debt and price scrutiny.
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Facebook blocks ad blockers on desktop
Facebook will begin showing ads on its desktop site even to users with ad blockers installed. The change aims to display useful ads while giving users easier controls to limit or customize ad types. The update does not affect the Facebook app where most ad revenue is earned.
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