The Risks of Marrying ‘Smart’ Technology With ‘Dumb’ Machines

Investigators probing two deadly crashes of Boeing Co. 737 MAX airliners are grappling with a hybrid of old and new technology, where a complex piece of software controls hydraulic pumps and motors similar to those used when Lyndon Johnson was president. The plane, first designed in the 1960s and modernized three times, is caked with…

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Analysis: Fed Chairman Jerome Powell Shows His Flexible Side

Flexibility is emerging as the hallmark of Jerome Powell’s response to the first economic curveball he has faced during his tenure as Federal Reserve chairman. On two fronts—interest rates and the Fed’s asset portfolio—Mr. Powell has abruptly changed course in just three months. In doing so, Mr. Powell is showing he cares more about crafting…

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An Answer to a SALT-y Tax Problem You Didn’t Know You Had

The tax overhaul has created many new issues for Americans. One that individuals, tax preparers and industry groups are now wrestling with is how Uncle Sam will tax state-tax refunds given the new $10,000 cap on state and local tax deductions, or SALT. The Treasury Department hasn’t yet released guidance on this issue, although April…

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Pinterest Steps Up Planning for IPO, Aims to List Shares on NYSE in April

Pinterest Inc. has sped up the timing of its initial public offering as the image-search company looks to tap into a red-hot market for new issues, according to people familiar with the matter. The startup, which submitted its IPO paperwork confidentially with the Securities and Exchange Commission earlier this year, is preparing to make the…

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EU Agrees to Short Brexit Delay

BRUSSELS—European leaders allowed Prime Minister Theresa May to postpone the Brexit deadline beyond next week, but warned the U.K. could still crash out of the trade bloc in mid-April unless the British political stalemate over the withdrawal agreement was broken. In talks that stretched late into the evening on Thursday, EU leaders decided that if…

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NFL Paid Under $10 Million to Settle Colin Kaepernick Grievance

Colin Kaepernick and Eric Reid, the NFL stars who alleged the league’s teams colluded to keep them off the field after they led protests during the national anthem, will receive less than $10 million to settle grievances with the league, according to people briefed on the deal. The confidential agreement was widely celebrated as a…

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Hundreds of Millions of User Passwords Exposed to Facebook Employees

Facebook Inc. for years stored hundreds of millions of user passwords in a format that was accessible to its employees, in yet another privacy snafu for the social-media giant. The incident disclosed by the company Thursday involved a wide swath of its users, though Facebook said no passwords were exposed externally, and it hasn’t found…

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Walmart Builds a Secret Weapon to Battle Amazon for Retail’s Future

Epiphany Davis arrived at work in lower Manhattan on a recent morning, consulted her cellphone and set off by foot in search of products ordered via text message by wealthy New Yorkers. From her company’s loft-like headquarters, Ms. Davis walked to a health food store to get SmartyPants Kids vitamins, but the variety was out…

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New Zealand honors attack victims with Islamic prayer, 2 minutes’ silence.

One week from the Christchurch terrorist attack, New Zealanders are coming together in a national day of reflection to remember those who died while worshipping inside 2 mosques in the South Island city. Details: Just before 1:30 pm Friday local time (8:30 pm Thursday Eastern), the adhan, the Islamic call to prayer, rang out across…

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