Dec. 5, 2017

BLOOMBERG

A last-minute change that U.S. senators made to their tax bill before passing it early Saturday morning would result in higher-than-intended taxes for technology firms and other corporations, tax experts said.

FEMA has informed employees who've worked extra hours battling a record wave of natural disasters in 2017 that they may have to pay back some of their overtime.

A senior United Nations official will begin a four-day trip to North Korea on Tuesday for talks with Foreign Minister Ri Yong Ho and other officials, a week after the isolated regime launched its most powerful missile to date.

The likelihood of a government shutdown before year's end is increasing after Senate negotiations stalled over plans to provide deportation protection for 800,000 young undocumented immigrants.

The Syrian conflict is likely to drag on and could reignite into full-scale civil war as long as President Bashar al-Assad remains in power, despite efforts by Russia to paint the conflict as winding down, according to White House officials.

Machine learning, with its prowess in producing insights from data, is poised to have a hand in 99 percent of investing, CEO says.

Crisis-wracked Venezuela has become fertile ground for what's known as gold farming. People spend hours a day playing dated online games such as Tibia and RuneScape to acquire virtual gold, game points or special characters that they can sell to other players for real money or crypto-currencies such as bitcoin. The practice, which has previously cropped up in other basket-case economies such as North Korea's, has become so popular with Venezuelans that they're now spreading inflation inside the virtual worlds.

Boom Technology Inc., seeking to build a supersonic jet for passenger travel, got a $10 million investment from Japan Airlines Co. as the U.S. startup aims to revive ultra-fast travel that ended more than a decade back with the Concorde.

AP Top Stories

Philippine President Rodrigo Duterte Tuesday declared communist rebels "terrorists", his spokesman said, weeks after cancelling peace talks with groups waging one of Asia's longest-running insurgencies.

The Supreme Court will hear oral arguments in a case Tuesday that asks whether a baker in Colorado can legally ignore his state's nondiscrimination law by refusing, on religious grounds, to bake a wedding cake for a same-sex couple.

Former U.S. Representative Corrine Brown of Florida was sentenced on Monday to five years in prison for her role in helping raise more than $800,000 for a bogus charity that was used as a slush fund, federal court officials said.

An explosives-laden bus blew up Tuesday in a predominantly pro-government neighborhood of the central Syrian city of Homs that has been repeatedly targeted, killing eight people.

Officials in Ali Abdullah Saleh's General People's Congress party (GPC) confirmed to Reuters that the former Yemeni president and party leader has been killed outside Sanaa, in what sources in the Houthi group said was an RPG and gun attack.

The United States has quit negotiations on a voluntary pact to deal with migration because the global approach to the issue was "simply not compatible with U.S. sovereignty," said U.S. Ambassador to the United Nations Nikki Haley.

Turkey has detained 17 suspects in an investigation into a Turkish-Iranian gold trader who was once a close ally of the government but is now testifying against officials as a star witness in a high profile US case, state media said on Tuesday.

The U.S. Embassy to Russia said it would restart some visa services in U.S. consulates which it had previously canceled due to diplomatic expulsions that had left it short-staffed.

The 9,800 ft., Indonesian Mount Agung on Bali Island, a so-called strato-volcano capable of very violent eruptions - has recorded a sharp rise in activity that has raised worries about a repeat of a 1963 eruption that killed more than 1,000 people.

China has staged military drills near North Korea in a defiant warning to Washington and Seoul that it will uphold a "balance of power", a military expert said, amid ongoing US-South Korean war games.

U.S. student loan debt now equals the size of the $1.3 trillion U.S. high-yield corporate bond market, presenting investors with a whole different range of risks.

BBC

Hundreds of members of the Honduran riot police force known as Cobras refused to carry out orders to enforce a night-time curfew on Monday. About 200 Cobras gathered at the police headquarters and announced they were no longer willing to confront protesters, arguing that it amounted to "taking sides" in the political battle between Mr. Nasralla and President Hernández.

Amazon has made its long-awaited entry into Australia, in a move that could have ramifications for the country's A$300bn retail sector.

The Swiss government has announced that it will return $320m of the money allegedly stolen by Nigeria's late military ruler Sani Abacha.

The "peace diamond," a giant 709-carat diamond unearthed in Sierra Leone has sold at auction in New York for $6.5m.

WND

The United Nations General Assembly on Wednesday passed six resolutions described by a watchdog group as "anti-Israel," marking 70 years since the world body's partition plan carved Mandate Palestine into a Jewish state and an Arab state that never came to be.

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