U.S. Posts Its Largest Budget Deficit Since 2013

U.S. Posts Its Largest Budget Deficit Since 2013

The U.S. posted its largest budget deficit since 2013 in the fiscal year that just ended, as a pickup in spending exceeded revenue gains. The federal government’s gap grew to $665.7 billion in the 12 months through Sept. 30, compared with a $585.6 billion shortfall in fiscal 2016, the Treasury Department said Friday in a report released in Washington. That was in line with the Congressional Budget Office’s estimate of $668 billion.

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Elon Musk gets OK to start digging in early step toward hyperloop dream

Elon Musk gets OK to start digging in early step toward hyperloop dream

Maryland has given transportation pioneer Elon Musk permission to dig tunnels for the high-speed, underground transit system known as a hyperloop that Musk wants to build between New York and Washington. Representatives of Maryland Gov. Larry Hogan said Thursday the state has issued a conditional utility permit to let Musk’s tunneling firm, the Boring Co., dig a 10.3-mile tunnel beneath the state-owned portion of the Baltimore-Washington Parkway, between the Baltimore city line and state Highway 175 in Hanover.

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FDA approves a game-changing treatment for blood cancer

FDA approves a game-changing treatment for blood cancer

he Food and Drug Administration on Wednesday approved a promising new treatment for a particularly deadly form of cancer, bringing hope to desperate patients while rekindling a global conversation about the escalating cost of new therapies. The treatment, made by Gilead Sciences, is made by extracting patients’ white blood cells and re-engineering them to home in on tumors. Called a CAR-T, the one-time treatment has shown unprecedented results for patients with dire diagnoses.

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Apple hit with trademark lawsuit over iPhone X ‘animoji’ feature

Apple hit with trademark lawsuit over iPhone X 'animoji' feature

A Japanese software company is suing Apple Inc (AAPL.O) in a U.S. court over the trademark for the term “animoji”, alleging the U.S. technology company stole the name to use on a feature of its iPhone X. Tokyo-based Emonster kk sued Apple on Wednesday in federal court in San Francisco, saying it holds the U.S. trademark on the term animoji and that Apple’s use of the word is a “textbook case” of deliberate infringement.

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Trump gives his Puerto Rico response a 10 despite 85% of island still lacking electricity

Trump gives his Puerto Rico response a 10 despite 85% of island still lacking electricity

Donald Trump says that his administrations response to the disaster in Puerto Rico deserves a grade of 10 out of 10, even though much of the island is still without power nearly a month after Hurricane Maria smashed through the US territory. The President boasted of his own administration’s work during a meeting in the Oval Office with the US territory’s governor, Ricardo Rossello. The Puerto Rican governor notably avoided the question when asked how he’d rate the US federal government’s response.

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NHS will deny non-urgent surgery to obese patients

NHS will deny non-urgent surgery to obese patients

The decision by a pair of NHS clinical commissioning groups to deny non-urgent surgery to obese patients until they lose weight has come under fire from the Royal College of Surgeons. Patients with a Body Mass Index (BMI) of over 40 will not be referred for routine surgery unless they are able to reduce it to under that number over a nine-month period.

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The world is abandoning coal-fired electricity at an astonishing pace

The world is abandoning coal-fired electricity at an astonishing pace

Coal is the dirtiest of fossil fuels—it produces per kilogram the least amount of energy and the greatest amount of pollution—and the world is quickly abandoning it. According to findings published by the NGOs Greenpeace and CoalSwarm on Wednesday (Oct. 18), countries are using coal less and less to generate electricity, and hundreds of companies have exited the business in recent years.

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