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Sunday January 12th

Emigrants and expensive pets trending in US

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• Americans are moving out of the United States in large numbers. In 2013, 3,000 people either terminated their citizenship or terminated their long-term residency. This is more than three times the number that moved in 2012, according to CNBC.

• Sony Corporation’s PlayStation 4 video game console took the lead as the most purchased console this year, stealing the top spot in retail sales from Microsoft Corp.’s XBox One, according to Bloomberg News.

• Americans are becoming increasingly attached to their pets. A study by the Association for the Prevention of Cruelty to Animals showed that 68 percent of American households have a pet, and they will spend close to $700 a year paying for it, according to CNBC.

Business Briefs• As carmakers continue to brainstorm ideas for driverless cars, Americans remain worried. A Harris Poll revealed that nine in 10 Americans said they would not feel comfortable riding in a driverless car, according to CNBC.

• In a $45.2 billion sale, television giant Comcast Corp. is planning to purchase Time Warner Cable. The buyout will merge the two largest cable providers in the U.S., according to the Wall Street Journal.

• Paula Dean, in an effort to restart her career, has formed a new company, called “Paula Deen Ventures.” The new company is said to be having talks with television networks and potential retail partners, according to the Wall Street Journal.

• The housing numbers for January, a measure of home starts, was down from previous months. The decline is being blamed on the relentless cold that is disrupting and delaying construction projects, according to Bloomberg.

• Hotels across the country are looking to accommodate runners. More Americans are beginning to run marathons and are traveling across the country to do so, according to CNBC.




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