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SoFi held sale talks, but bidders balked at $8 billion price: newspaper

NEW YORK (Reuters) – Social Finance Inc discussed a potential sale earlier this year, including with financial services company Charles Schwab Corp, but the talks fell apart over the $8 billion price the online lender sought, the Financial Times reported on Sunday, citing people familiar with the matter. The San Francisco-based company known as SoFi began sales talks after a foreign bank made a $6 billion “indicative offer,” the newspaper said, citing two sources. The offer came shortly after a $500 million funding round in February led by investment firmRead More


Justin Timberlake to headline Super Bowl halftime show

(Reuters) – Grammy Award-winning pop singer Justin Timberlake will headline the Super Bowl halftime show in February, 14 years after a “wardrobe malfunction” overshadowed his last gig at the championship game, the NFL said on Sunday. 89th Academy Awards – Oscars Red Carpet Arrivals – Hollywood, California, U.S. – 26/02/17 – Singer Justin Timberlake. REUTERS/Mike Blake – HP1ED2R03000B This will mark Timberlake’s third time on the halftime stage, giving the “Can’t Stop The Feeling” singer the distinction of having the most appearances by an individual entertainer, the National Football LeagueRead More


Listeria risk prompts Meijer to recall produce in six U.S. states

NEW YORK (Reuters) – Retailer Meijer Inc said it was recalling packaged vegetables in six U.S. states because of possible contamination from Listeria monocytogenes bacteria, which can cause fatal food poisoning in young children, pregnant women and elderly or frail people. An electron micrograph of a Listeria bacterium in tissue is seen in a 2002 image from the Centers for Disease Control and Prevention (CDC). REUTERS/Elizabeth White/CDC/Handout via Reuters Meijer, based in Grand Rapids, Michigan, said there were no illnesses reported as of Sunday. The recall affects 35 products andRead More


German zoo hopes to cure panda’s bad walking habit with sex

BERLIN (Reuters) – Zookeepers at Berlin’s main animal park are hoping to cure a young female panda’s habit of walking backwards by introducing her to one of life’s most precious pleasures: sex. FILE PHOTO: Meng Meng, one of the two giant Chinese panda bears, is seen at the Zoo in Berlin, Germany July 5, 2017. REUTERS/Axel Schmidt/File Photo They plan to introduce four-year-old Meng Meng to Jiao Qing, a panda three years her senior, in the hope that romance will help her with the frustrations associated with life in captivityRead More


London the starting line as Adidas laces up robotic shoe run

LONDON (Reuters) – Adidas has launched the first of six planned city-themed running shoe models in London as it capitalizes on its first Speedfactory, which it has opened in Germany and equipped with time-saving robotics. Adidas plans to use the factory – and another due to open soon in Atlanta, Georgia, to produce small batches designed for particular markets, and ultimately for individual consumers, in contrast to mass production runs ordered months in advance. The idea is to respond faster to fashion trends and offer more customization. After London itRead More


McConnell on healthcare bills: What does Trump want?

WASHINGTON (Reuters) – U.S. Senate Republican leader Mitch McConnell said on Sunday he was willing to bring healthcare legislation up for a vote but was waiting for the go-ahead from President Donald Trump, who sent mixed signals last week about a bipartisan bill that would shore up insurance markets. Senate Majority Leader Mitch McConnell waits to speak to reporters following a policy luncheon on Capitol Hill in Washington, U.S. October 17, 2017. REUTERS/Eric Thayer The Republican president said on Oct. 12 that his administration would stop paying billions of dollarsRead More


Box Office: Tyler Perry’s ‘Boo 2!’ Tops Downbeat Weekend With $21.7 Million

LOS ANGELES (Variety.com) – Tyler Perry has prevented a disaster at the box office with the opening of Lionsgate’s comedy sequel “Boo 2! A Madea Halloween” scaring up a solid $21.7 million at 2,388 North American locations. That was pretty much the limit of good news at the nation’s multiplexes, where moviegoers gave limited support to a quartet of new arrivals — weather-disaster title “Geostorm,” firefighter hero tale “Only the Brave,” murder mystery “The Snowman” and faith-based drama “Same Kind of Different as Me.” “Boo 2! A Madea Halloween,” whichRead More


Tesla reaffirms effort to build cars in China; mum on deal report

(Reuters) – Electric car maker Tesla Inc (TSLA.O) reaffirmed on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year, but declined to comment on a report that a deal has been reached. FILE PHOTO: Tesla Model 3 cars are seen as Tesla holds an event at the factory handing over its first 30 Model 3 vehicles to employee buyers at the company’s Fremont facility in California, U.S. on JulyRead More


McConnell on healthcare bills: What does Trump want?

WASHINGTON (Reuters) – U.S. Senate Republican leader Mitch McConnell said on Sunday that he was willing to bring healthcare legislation up for a vote but was waiting for the go-ahead from President Donald Trump, who sent mixed signals this week about a bipartisan bill that would shore up insurance markets. Senate Majority Leader Mitch McConnell waits to speak to reporters following a policy luncheon on Capitol Hill in Washington, U.S. October 17, 2017. REUTERS/Eric Thayer The Republican president said on Oct. 12 that his administration would stop paying billions ofRead More


World Health Organization rescinds Zimbabwean President Robert Mugabe’s ‘goodwill ambassador’ appointment amid scathing criticism – Sharing #ABC #News Feed

The World Health Organization (WHO) rescinded its appointment of Zimbabwean President Robert Mugabe as a “goodwill ambassador” for health after days of searing criticism and global outcry over the decision. The WHO’s director general, Tedros Adhanom Ghebreyesus, said in a statement today he decided to revoke Mugabe’s role after he had “reflected” on the controversial appointment. “I have listened carefully to all who have expressed their concerns, and heard the different issues that they have raised,” he said. “I have also consulted with the government of Zimbabwe and we haveRead More