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Startup Kitty Hawk backed by Google's Larry Page reveals flying car prototype
Kitty Hawk (NEW YORK) -- Kitty Hawk -- a Silicon-Valley startup named for the Wright Brothers' first controlled flight and backed by Google co-founder Larry Page -- released the prototype for its first flying car on Monday.The ultralight, one-seater aircraft is "safe, tested, and legal to operate in the United States in uncongested areas," the company said in a statement. "You don't need a pilot's license and you'll learn to fly it in minutes."Enthusiasts will be able to purchase the Kitty Hawk Flyer -- designed for use only over water -- "by the end of 2017" for as-yet unannounced price."We...
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Global markets rally after French election
iStock/Thinkstock (NEW YORK) -- After investors around the world eyed the first round of France's presidential election, U.S. stocks and other global markets closed in the green on Monday.The Dow Jones Industrial Average climbed 216.13 (+1.05 percent) to finish at 20,763.89.The Nasdaq jumped 73.30 (+1.24 percent) to close at 5,983.82, while the S&P 500 finished at 2,374.15, up 25.46 (+1.08 percent) from its open.Crude oil prices sunk nearly 1 percent; about $49 a barrel.French Election: Centrist Emmanuel Macron received most of the votes in the first round of France's presidential election on Sunday. Far-right leader Marine Le Pen, who has...
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Marilyn Monroe's last home where she died selling for $6.9M
Courtesy Mercer Vine (LOS ANGELES) -- The California home where actress Marilyn Monroe was found dead in 1962 is now on the market for $6.9 million.The home, located in the Brentwood neighborhood of Los Angeles, is described an "authentic 1929 Hacienda," by the real estate agency that listed the home, Mercer Vine."When you walk the house and grounds, you’re immediately struck by its serenity and warmth," the home's listing agent, Lisa Optican, said in a statement. "It’s an absolute oasis in the heart of one of the best neighborhoods in Los Angeles."The four-bedroom, three-bathroom home features details like beamed ceilings...
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Woman says she suffered second-degree burns after her Fitbit exploded
Dina Mitchell (NEW YORK) -- A Wisconsin woman said she suffered second-degree burns on her arm after her Fitbit tracker exploded.Dina Mitchell said she had owned her Fitbit Flex 2 for about two weeks when the fitness tracking device allegedly caught fire on her arm while she was reading a book on Tuesday night."I was literally just sitting and reading when my Fitbit exploded,” Mitchell told ABC News in an emailed statement on Sunday. "It was either defective or really mad I was sitting still so long… I don’t know. Either way, It burned the heck out of my arm."She...
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Hash browns recalled because of golf balls
iStock/Thinkstock (NEW YORK) -- Either there are some potato farmers using their fields as driving ranges or there’s a golf course near a potato farm and everyone is hitting in the rough, because some frozen hash browns have been recalled due to possible contamination from golf balls.On Friday, the Food and Drug Administration issued a press release stating that McCain Foods USA, Inc. is voluntarily recalling frozen hash brown products that may be contaminated with “extraneous golf ball materials.”The products include Roundy’s Brand Frozen Southern Style Hash Browns and Harris Teeter Brand Frozen Southern Style Hash Browns, and were distributed...
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Average movie ticket prices hit all-time high
iStock/Thinkstock (NEW YORK) -- If you feel like you're paying more to go to the movies, you're right.According to the National Organization of Theater Owners, average movie ticket prices hit an all-time high in the first three months of 2017. During the quarter, the average ticket price was $8.84, up from $8.79 cents in the last three months of 2016.Driving the average ticket price higher were strong performances by higher-priced 3-D and IMAX movies like Rogue One, Beauty and the Beast, Lego Batman and Kong: Skull Island.The movies are still a cheap date though. According to the organization, the average...
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American Airlines flight attendant grounded after altercation with passengers captured on video
iStock/Thinkstock (NEW YORK) -- It's been less than two weeks since a video of a bloodied passenger being dragged off a United Airlines aircraft ignited a national discussion about the airline industry’s treatment of passengers, and now, yet another onboard incident captured on video is raising eyebrows -- and it's resulted in the immediate grounding of a flight attendant.A video posted to Facebook Friday by Surain Adyanthaya -- a passenger onboard American Airlines flight 591, from San Franciso to Dallas -- shows an intense confrontation between flight crew and a handful of passengers at the front of the aircraft while...
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Bebe plans to close all stores by the end of May
Isaac Brekken/WireImage via Getty Images (NEW YORK) -- Your shopping mall is losing another store. Bebe is planning on closing all of its stores by the end of May this year, according to a filing made with the Securities and Exchange Commission. The filing said Bebe expects to record a $20 million impairment charge as a result of the closings. On its website, the women's retailer lists 134 stores and 34 outlet stores in the U.S. that are still open. News of the store closings on Friday caused shares of Bebe Stores, Inc. to finish the session 6 percent higher....
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Trump signs executive actions to review tax regulations, roll back Dodd-Frank
ABCNews.com (WASHINGTON) — President Trump signed a set of executive actions Friday ordering a review of significant 2016 tax regulations along with two separate reviews aimed at rolling back Dodd-Frank financial regulations.The president visited the Treasury Department to sign the actions, saying the administration wants to "help struggling Americans achieve their financial dreams, earn a great paycheck, have a job that they love going to every single day and have real confidence in the future."He also teased that there will be a "big announcement" on tax reform next Wednesday.The first action is an executive order that directs the Treasury Secretary...
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Take a tour of one of Las Vegas' biggest and best buffets
ABCNews.com (LAS VEGAS) -- There's no doubt Vegas is a foodie city: celebrity chefs like Pierre Gagnaire, Mario Batali and Nobu Matsuhisa dominate the Strip.But none serve the sheer volume of people -- nor the vast number of dishes -- as the Bacchanal Buffet at Caesars Palace.Routinely ranked as the top buffet in Las Vegas, and named by at least one publication as the best buffet in America, it's no wonder an average of 3,500 people dine here each day.ABC News took a tour of the buffet with General Manager Brian Mongeon, who dished on the nine kitchens and 500...
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US stocks dip ahead of French election
iStock/Thinkstock (NEW YORK) -- Wall Street closed lower Friday as investors awaited this weekend's French presidential election and President Trump's "big announcement" on tax reform planned for Wednesday.The Dow Jones fell 30.95 (-0.15 percent) to finish at 20,547.76.The Nasdaq slid 6.26 (-0.11 percent) to close at 5,910.52, while the S&P 500 finished at 2,348.69, down 7.15 (-0.30 percent) from its open.Crude oil prices sunk over 2 percent; under $50 a barrel.France: Uncertainty surrounds France's presidential election set for Sunday as there are several front-runners, including Marine Le Pen of the far-right National Front and Centrist Emmanuel Macron. If no candidate...
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Treasury denies Exxon waiver to drill in Russia
David McNew/Getty Images (WASHINGTON) -- The Treasury Department announced Friday that it will not waive sanctions for ExxonMobil to drill in Russia.The move ends what could have been seen as a controversial conflict of interest for the Trump administration, with the oil giant’s former CEO Rex Tillerson now leading the State Department.“In consultation with President Donald J. Trump, the Treasury Department will not be issuing waivers to U.S. companies, including Exxon, authorizing drilling prohibited by current Russian sanctions,” Treasury Secretary Steve Mnuchin said in a statement.Exxon applied for a waiver from U.S. sanctions against Russia so that it could move...
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