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Stocks gain...Refund check delays?...Study: Faulty facial recognition

January 25, 2019

NEW YORK (AP) — U.S. stocks finish broadly higher as technology companies jumped. Other companies that stand to benefit from faster economic growth, like industrials and retailers, also rose. The market didn’t react after President Donald Trump and congressional leaders reached a deal to reopen the federal government after a 35-day shutdown. The Dow added 184 points

WASHINGTON (AP) — The IRS’ workforce will return to full strength under the short-term deal to reopen the government struck Friday by President Donald Trump and congressional leaders. But the disruption from the partial shutdown and the recent absence of a large contingent of recalled IRS employees mean the possibility of delayed tax refunds. The official start of the tax filing season is Monday

SAO PAULO (AP) — A mining dam has collapsed in southeastern Brazil, inundating a nearby community in reddish brown liquid waste and leaving an estimated 200 missing. Brazilian mining company Vale SA said in a statement that the flow reached the community of Vila Ferteco. The statement “indicated the possibility of victims.”

NEW YORK (AP) — A new study says Amazon’s facial-detection technology often misidentifies women as men, particularly those with darker skin. The technology has been marketed to law enforcement. Amazon says the study uses a “facial analysis” and not “facial recognition” technology and that Amazon has updated its technology. An MIT Media Lab researcher (Joy Buolamwini) says companies should check all systems that analyze human faces for bias.

NEW YORK (AP) — The swoosh is expected to be on the front of Major League Baseball uniforms starting in 2020. Nike will succeed Majestic Athletic as Major League Baseball’s uniform supplier for the 2020 season. The 10-year deal replaces an agreement announced in December 2016 for Under Armour to replace Majestic.

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