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Stocks slip...Warning to China on trade dispute...Charities hope there’s some money left

November 27, 2018

NEW YORK (AP) — Major U.S. stock indexes are slipping after a strong gain the day before. A steep loss for United Technologies is taking industrial and defense companies lower. Steelmakers and other materials companies are falling, and big technology companies including Apple are also down. High-dividend stocks including telecommunications and household goods companies are making small gains.

WASHINGTON (AP) — The White House is warning Chinese President Xi Jinping (shee jihn-peeng) against trying to wait out President Donald Trump in the ongoing trade dispute between their countries. The warning from National Economic Council director Larry Kudlow comes ahead of the two leaders’ high-stakes sit-down Saturday in Argentina.

WILDER, Idaho (AP) — White House officials say Ivanka Trump and Apple CEO Tim Cook have visited a heavily Hispanic Idaho school district to trumpet her workforce development initiative promoting science, technology, engineering and math. Apple in 2016 donated iPads to all students and teachers in the low income school district in the small city of Wilder as part of a program to help students lacking access to technology.

RICHMOND, Va. (AP) — The world’s largest pork company is teaming up with a major energy company to turn pig manure into renewable natural gas. Smithfield Foods and Dominion Energy announced a joint venture partnership today to trap methane from hog waste and convert it into power for heating homes and generating electricity.

WASHINGTON (AP) — Charities and non-profits are happy to see that people spent loads of money on Black Friday and Cyber Monday, with hopes that those same wallets stay open on Giving Tuesday. Online spending hit record levels throughout the Thanksgiving holiday, with Cyber Monday alone bringing in $7.9 billion, according to Adobe Analytics, which tracks the numbers.

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