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A central Brussels Metro station was hit by an explosion Tuesday morning, according to media reports, following two deadly explosions at the city’s airport earlier in the day. According to Belgian media reports, the Maalbeek Metro station in central Brussels close to the European Union buildings was hit by a bomb, prompting an evacuation of the station. Brussels’s transport authority said it has closed down all Metro stations in the Belgian capital after the Maalbeek explosion. The blast follows two explosions at the Zaventem Airport in Brussels shortly before 8 a.m. local time, or 3 a.m. Eastern Time. Reports said several people are dead and wounded after the airport attack. Brussels Airport said all operations have been suspended until further notice and told people to avoid the airport area. Belgium raised the terror alert to level 4 — the highest level — according to media reports.

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From:: Stock Market News

A central Brussels Metro station was hit by an explosion Tuesday morning, according to media reports, following two deadly explosions at the city’s airport earlier in the day. According to Belgian media reports, the Maalbeek Metro station in central Brussels close to the European Union buildings was hit by a bomb, prompting an evacuation of the station. Brussels’s transport authority said it has closed down all Metro stations in the Belgian capital after the Maalbeek explosion. The blast follows two explosions at the Zaventem Airport in Brussels shortly before 8 a.m. local time, or 3 a.m. Eastern Time. Reports said several people are dead and wounded after the airport attack. Brussels Airport said all operations have been suspended until further notice and told people to avoid the airport area. Belgium raised the terror alert to level 4 — the highest level — according to media reports.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Andy Grove, the former chairman and CEO of Intel Corp., died Monday at 79, the company said. For decades, Grove was one of the most influential figures in Silicon Valley, and led Intel’s move into producing microprocessors, helping to usher in the PC era and making Intel one of the world’s biggest tech companies. “We are deeply saddened by the passing of former Intel Chairman and CEO Andy Grove,” Intel CEO Brian Krzanich said in a statement. “Andy made the impossible happen, time and again, and inspired generations of technologists, entrepreneurs, and business leaders.” Grove was well known for his philanthropic efforts, including a $26 million donation to establish the Grove School of Engineering at CCNY. Grove stepped down as CEO in 1998, and served as chairman until 2004. He was diagnosed with Parkinson’s disease in 2000.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

The U.S government is requesting a continuance of the hearing scheduled for Tuesday in its suit that seeks to compel Apple Inc. to unlock an iPhone so that it can uncover more data related to the December shootings in San Bernardino. Late Monday afternoon, U.S. Attorney Eileen Decker filed a motion for a continuance in U.S. District Court in the Central District of California, saying that on Sunday, an outside party demonstrated to the FBI a possible method for unlocking the iPhone used by one of the shooters. “Testing is required to determine whether it is a viable method that will not compromise data on Farook’s iPhone,” the U.S. attorney wrote in an application for a continuance. “If the method is viable, it should eliminate the need for the assistance from Apple Inc. set forth in the All Writs Act Order in this case.” The U.S. attorney said it contacted Apple to request its position and that counsel for Apple has requested a telephonic status conference with the court.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News