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Without TRIA Renewal, Some Owners Will Face Technical Loan Defaults

2015-01-06 15:00:00| National Real Estate Investor

Were finally going to see what happens after the federal Terrorism Risk Insurance Act (TRIA) expires January 1. For the last year, real estate experts like DeBoer warned of calamity if Congress failed to renew TRIA, which provides a federal backstop to property insurance plans that cover damages from terrorist attacks. read more

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NYPD Cop Turns Himself in for Alleged Assault After Seeing His Face in Surveillance Footage

2015-01-01 23:54:07| Railroads - Topix.net

An NYPD officer turned himself in after recognizing himself in a surveillance video, released by the NYPD after he allegedly attacked a female subway conductor. The unnamed officer "allegedly bear-hugged the female Metropolitan Transportation Authority worker, and then choked her, after she tried to grab his cellphone," reported CBS New York.

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Why U.S. Steelmakers Will Continue To Face Challenges In 2015

2014-12-30 14:35:02| Steel - Topix.net

South Korea has challenged the International Trade Commission's decision to impose import tariffs on the country's steel products. The development sparked a sell-off in steel stocks such as United States Steel, which had already been struggling amid a sharp pullback in oil prices.

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Judge rules Facebook must face class action lawsuit

2014-12-29 17:26:00| Telecompaper Headlines

(Telecompaper) A US judge has ruled that Facebook must face a class action lawsuit accusing it of violating its users' privacy by scanning the content of messages they sent to other users for advertising purposes, reported Reuters. 

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VIDEO: City Link staff 'face NYE redundancy'

2014-12-28 09:07:50| BBC News | Business | UK Edition

The RMT union demands a meeting with the business secretary to discuss the collapse of parcel delivery firm City Link as the union says more than 2,000 staff will be made redundant on New Year's Eve.

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