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New York Mercantile Exchange › (NYMEX:LO.J12.9750P)

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Today's Financial News

Elsie Hillman, philanthropist and GOP powerbroker who helped elder Bush be elected, dies at 89

2 hours, 5 minutes ago

PITTSBURGH (AP) — A Pennsylvania philanthropist and political activist who helped propel moderate Republicans to state and national offices has died. Elsie Hillman was 89. Elsie Hillman is a former Republican National Committeewoman who was credited with using her political acumen and money to help President George H.W. Bush get elected in 1988 and Pennsylvania congressman Tom Ridge get elected governor in 1994.

Venezuela ruling party leverages Twitter bots as censorship pushes political debate online

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CARACAS, Venezuela (AP) — Venezuelan President Nicolas Maduro's approval ratings may be languishing below 30 percent, but on Twitter he's as popular as Pope Francis — or so it would seem. But a closer look suggests that the government is artificially inflating its social media influence and distorting its popularity. Independent analysts who ran tests at the request of The Associated Press found the government was benefiting from networks of fake accounts.

Large explosion at southeast Missouri aluminum plant; some workers have non-critical injuries

2 hours, 15 minutes ago

MARSTON, Mo. (AP) — Emergency crews are on the scene of a massive explosion at a southeast Missouri aluminum plant. Noranda spokesman John Parker says the company has accounted for all employees. He says there were no fatalities or critical injuries. Some people suffered what appeared to be non-critical burns and smoke inhalation.

Court reduces judgment against Marvell to $278M, orders partial new trial in patent dispute

2 hours, 15 minutes ago

NEW YORK (AP) — A federal appeals court reduced a judgment against chipmaker Marvell Technology by more than $1.25 billion, but still says the company owes Carnegie Mellon University $278 million for patent infringement. A previous decision awarded Carnegie Mellon a royalty payment of 50 cents for each chip Marvell sells. Taranto rejected most of Marvell's challenges to that ruling, saying Marvell owes royalties on chips that were imported into the U.S. even though they were made in other countries and were sold to customers outside the U.S. But he said a new trial is needed to decide whether Marvell owes royalties on chips that were never brought into the U.S.

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