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Amex launches new cash back card

Amex launches new cash back card

Finance
Three simple ways to pay off credit card debt Cash back is king. American Express is launching a new card, called Cash Magnet, to give users cash-back flexibility, as well as flexibility in how they choose to pay. Amex has long catered to the high-end customer with exclusive rewards, but cash back cards are some of its most popular offerings, according to the company. This card aims to attract customers not necessarily in the luxury rewards chase, but who are looking for reliable, flexible cash back on every day purchases. The card offers unlimited 1.5% back. There are no caps, no categories and no annual fee. With American Express card membership, users also get a ShopRunner membership and Amex Offers, which rewards members with discounts and deals at places they like...
Buying GitHub takes Microsoft back to its roots

Buying GitHub takes Microsoft back to its roots

Finance
ALMOST to the day 17 years ago Steve Ballmer, then boss of Microsoft, the world’s biggest software firm, called Linux a “cancer”, meaning that the open-source operating system would spell the death of proprietary software. On June 4th, his successor, Satya Nadella, announced that the firm would take over GitHub, the main source of such tumours today, for $ 7.5bn. The deal is yet another sign of Microsoft’s startling recent metamorphosis.GitHub is no household name, but among programmers it is as important as Facebook—which explains the impressive price tag for a firm that earned only an estimated $ 200m of revenues last year. More than 28m developers globally keep their code on the website, which offers all kinds of tools and services. Most important of these ...
Star Wars director strikes back at abuse of star

Star Wars director strikes back at abuse of star

Entertainment
Star Wars director Rian Johnson has hit back at the troll "manbabies" who have forced actress Kelly Marie Tran to quit Instagram after months of racist and sexist abuse over her role in The Last Jedi. The Vietnamese-American star - who became the first woman of colour to play a leading part in the iconic series - has deleted all of her posts on the photo-sharing social network.She has been targeted by what Johnson described as "unhealthy people" who took issue with her performance as Resistance fighter Rose Tico in the eighth instalment of the fantasy saga, which was released in December.Addressing the backlash on Twitter, Johnson said: "What we talk about when we talk about manbabies."He added: "On social media a few unhealthy people can cast a big shadow on the wall, but...
NBA Finals: Cavs look to bounce back in Game 2

NBA Finals: Cavs look to bounce back in Game 2

Sports
OAKLAND, Calif. -- Two teams still a bit dizzy in the aftermath of one of the most amazing finishes in NBA Finals history will tip off Game 2 on Sunday night when the Cleveland Cavaliers attempt to even their best-of-seven against the Golden State Warriors. A 51-point performance, a late video-review reversal, a missed potential game-winning free throw, a head-scratching decision to run out the clock with the core tied and a one-sided overtime highlighted Thursday's series opener, which Golden State captured 124-114 to go up 1-0 against the Cavaliers for the third consecutive season. The win might have been a costly one for the Warriors, however, with standout guard Klay Thompson having suffered what is now being called a high left ankle sprain. Thompson returned from the first-quarte...
Trump pulls back from trade war with China

Trump pulls back from trade war with China

Business
The US has pulled back from starting a trade war with China that could have sent shockwaves through the global economy. It has agreed to put proposed tariffs on Chinese imports "on hold" after treasury secretary Steven Mnuchin said negotiations with the Chinese had progressed.It means any moves by Washington and Beijing to impose tariffs on each other's exports has been stalled.Mr Mnuchin said that despite not getting China to reduce its overall trade surplus with America by a specified amount, US officials had thrashed out a number of commitments on a framework for reducing the deficit over time.These include large increases in purchases of farm products and a doubling of purchases of US energy products.Mr Mnuchin said: "We are putting the trade war on hold, right now, we ...