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Retirement contribution limits will rise in 2019
Good news retirement savers: The Internal Revenue Service announced cost of living increases to the contribution limits for retirement-related plans in 2019.

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Toyota plans new $1.2 billion EV plant in Tianjin with FAW: document
Japanese automaker Toyota plans to build a new electric vehicle plant in the Chinese city of Tianjin with its local partner FAW Group, a document from the local authorities showed.
Elliott targets Twitter, seeking CEO Dorsey's removal: sources
Hedge fund Elliott Management Corp has amassed a stake in Twitter Inc and is pushing for changes, including removal of the social media company's chief executive, Jack Dorsey, two people familiar …
FCC proposes fining U.S. wireless carriers more than $200 mln over consumer location data
The Federal Communications Commission confirmed on Friday it voted to propose fining four major U.S. wireless carriers more than $200 million for failing to protect consumers' location informatio …
U.S. moves high-level U.S. meeting on China tech, possible new Huawei curbs to March: sources
Trump administration officials have rescheduled for March 11 a critical meeting to discuss potential new U.S. restrictions on sales of technology to Huawei and China, people familiar with the matter s …
Lyft flags production delays for scooter, bike parts due to coronavirus
Ride hailing company Lyft Inc said on Friday the coronavirus outbreak has led to production delays of certain automotive parts and components of bikes and scooters.
Amazon defers 'non-essential' moves even in U.S. as corporate travel bans spread
Amazon.com deferred all non-essential travel, within the U.S. and beyond, and Google set new restrictions for travel to South Korea and other places, as corporations moved to protect employees from th …
CoronaCoin: crypto developers seize on coronavirus for new, morbid token
Cryptocurrency developers have created a digital coin that allows traders to bet on the coronavirus epidemic, based on how many people fall ill or die.
Apple closely watching coronavirus outbreak in South Korea, Italy: CEO
Apple Inc is closely watching how the coronavirus outbreak is unfolding in South Korea and Italy, where the company has suppliers, Chief Executive Officer Tim Cook said in an interview.
U.S. regulators to rate new auto tech, but Europe leads in safety testing
Autopilot, Super Cruise and Drive Pilot are different names given to technology that automates steering and braking in a growing number of vehicles, but none of it can safely "pilot" cars wi …
Vatican joins IBM, Microsoft to call for facial recognition regulation
The Vatican joined forces with tech giants Microsoft and IBM on Friday to promote the ethical development of artificial intelligence (AI) and call for regulation of intrusive technologies such as faci …
Chinese regulators remove 'Plague Inc' game from Apple's China app store
The video game "Plague Inc", which has surged in popularity amid the coronavirus epidemic, has been removed from Apple's China app store after regulators said it contained illegal conte …
Powered by hydrogen, Hyundai's trucks aim to conquer the Swiss Alps
Hyundai's hydrogen-powered 18-tonne trucks are set to hit the roads in Switzerland next month as the South Korean automaker looks to establish a case for its zero-emissions technology in a low ca …
Baidu says first-quarter revenue may tumble as coronavirus takes toll on business, advertising
Baidu Inc, China's biggest search engine company, said first-quarter revenue could fall as much as 13% from a year earlier as the coronavirus epidemic puts the brakes on economic activity and adv …
Facebook cancels developer conference as tech companies respond to virus
Facebook Inc said on Thursday it would cancel its annual developer conference due to fears over the coronavirus, as growing concerns about the economic impact of the global outbreak drove Wall Street …
Facebook to publicly track political sponsored content after Bloomberg's paid memes
Facebook Inc will provide a way for people to track political sponsored content on Facebook and Instagram ahead of the U.S. presidential election, it said on Thursday.
Amazon bars one million products for false coronavirus claims
Amazon.com Inc has barred more than 1 million products from sale in recent weeks that had inaccurately claimed to cure or defend against the coronavirus, the company told Reuters on Thursday.
Microsoft shares slip after warning of coronavirus hit to supply chain
Shares of Microsoft Corp fell 4% on Thursday after the company warned of weakness in its PC business after a hit to its supply chain from the coronavirus outbreak, echoing similar statements from Appl …
Alphabet still facing questions over data use in its Toronto smart city project proposal
Alphabet's proposed "smart" city development in Toronto is facing fresh questions over the project's data-gathering technology from a panel advising the Canadian government-mandate …
Peloton settles music publishers' lawsuit over songs used in workout videos
Peloton Interactive Inc has settled a lawsuit in which a music publishing trade group and 14 of its members accused the maker of stationary bicycles of streaming more than 2,400 songs without permissi …
Nokia shares rise on report of possible mergers, assets sales
Shares in Nokia Oyj rose in a falling market on Thursday, after Bloomberg News reported that the Finnish telecom network equipment maker was considering asset sales and mergers.