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What the Fed's words say about how dovish it will be after a rate cut Once the Fed pulls the trigger on its first rate cut in more than a decade, the markets will quickly move on to anticipating the next one. The Fed is widely expected to announce a 25 basis point interest rate cut when it releases its statement at 2 p.m. ET ...
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Death of the Coffee King Reveals Strain of India's Cash Crunch Even before the body of coffee-chain tycoon V.G. Siddhartha was recovered from a river in southern India this week, the financial strains that appear to have led him to take his own life were beginning to emerge. A letter purportedly written and signed by ...
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CH Robinson Makes the Most Out of a Weak Freight Environment The provider of freight, global forwarding, and customs services was also up against a difficult prior-year comparison. Asit Sharma. (TMFfinosus). Jul 31, 2019 at 4:50PM. C.H. Robinson Worldwide (NASDAQ:CHRW) managed to generate positive net revenue ...
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Zynga found its footing in mobile, and now it's finding big growth Zynga is once again one of the fastest-growing game developers. The studio saw its revenue jump to $306 million during the second quarter of its fiscal 2020. That's up 41% year-over-year. The company also had bookings of $376 million, which is up 61% ...
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UPDATE 1-Carlyle to give shareholders a vote in switch to corporation (Adds Breakingviews link). By Chibuike Oguh. July 31 (Reuters) - Carlyle Group LP emulated its peers on Wednesday with plans to convert from a publicly traded partnership into a corporation, and went one step further by announcing it will become the first ...
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Reality TV Star's Alternative Lender Gets Top Canada VC Funding Alternative lender Clearbanc has raised $300 million in new funding, the largest disclosed venture-capital financing this year in Canada. The new round of financing was led by Highland Capital Partners of the U.S. and includes Montreal-based iNovia and ...
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Ford Acquires 2 Future-Tech Firms: What It Means Ford Motor (NYSE:F) said that it is acquiring two small technology companies to assist with its self-driving and urban-mobility initiatives. The companies are Quantum Signal AI, a Michigan robotics firm, and Journey Holding Corp., a maker of ...
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Key Amazon exec Jeff Blackburn to take one-year sabbatical in 2020 Jeff Blackburn. (Amazon Photo). Jeff Blackburn, an influential Amazon executive and one of the longest-running members of Jeff Bezos' senior leadership team, will take a one-year sabbatical in 2020, GeekWire has learned. Blackburn joined Amazon in 1998, ...
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Millions Have Filed for an Equifax Payment. Will You Get Your $125? It's still unclear exactly how many people have filed for a $125 payment from the Equifax settlement, but according to updates on the FTC website, the number is somewhere in the millions. (147 million were affected by the breach, though it's highly unlikely ...
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Sen. Sherrod Brown's bill would force companies to pay workers $1 for every $1 million in buybacks Ohio Senator Sherrod Brown on Tuesday introduced legislation to curb Wall Street's longtime and controversial practice of stock buybacks. Brown said his bill would both prohibit "excessive" buybacks and require companies to offer employees $1 for every $1 ...
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Fiat Chrysler defies slowdown thanks to North America performance MILAN/DETROIT (Reuters) - Automaker Fiat Chrysler (FCHA.MI) (FCAU.N) took the market by surprise by sticking to its full-year profit guidance on Wednesday after a strong performance from its Ram pickup truck in North America helped it defy an industry ...
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The people behind that Halloween petition want to create a new holiday: National Trick or Treat Day (CNN) Fear not, Halloween purists: Your beloved holiday will probably remain on October 31. But what's better than one day of witches and vampires roaming the street? Two days of treats! The group that petitioned to move Halloween to the last Saturday of ...
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Want to buy a home? These are the top 10 hottest housing markets in the country Homebuyers are skipping the suburbs and exurbs of big cities and instead flocking to smaller, more affordable metro areas, according to Realtor.com's list of hottest ZIP codes in the U.S., released exclusively to USA TODAY early Wednesday. Millennials are ...
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Beer Calendar: IPA Day, an IPArade and a Brewery Yacht Party In Longmont, 300 Suns Brewing will join a small but growing list of breweries that are taking their food options in-house — and in some cases, taking actual food trucks in-house. On Saturday, August 3, Scratch Kitchen, which has been a frequent visitor to ...
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New rules for big Canadian internet providers aim to reduce customer bill shock Canada's largest internet providers will have to warn customers when they're close to reaching their data limits and provide them with clearer contract information under a new set of rules the federal telecom regulator will impose next year. The Canadian ...
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Why Coffee Day Enterprises left a bitter taste for its investors In 2015, at a press conference ahead of Coffee Day Enterprises Ltd's initial public offering, V.G. Siddhartha was asked why its offer price was lower than a private placement just a few months earlier. The CDEL founder replied that he wanted to leave some ...
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Scotts Miracle-Gro shares climb more than 5% premarket after earnings beat Scotts Miracle-Gro Co. shares SMG, +8.61% rose more than 5% in premarket trade Wednesday, after the maker of hydroponic growing products beat earnings estimates for the second quarter and raised its guidance. Marysville, Ohio-based Scotts said it had ...
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Sensex gains 84 points ahead of US Fed's rate decision, Yes Bank registers 6 per cent rise Equity benchmark BSE Sensex rose 84 points on Wednesday to end at 37,481 following robust buying in banking and auto stocks on ahead of the US Federal Reserve's interest rate decision. After a choppy session, the 30-share index settled 83.88 points or ...
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T-Mobile and Sprint question states' credibility in merger suit T-Mobile USA Inc. (TMUS.O 5.43%) and Sprint Corp. (S.N) asked a judge to force more than a dozen states that sued to block their merger to hand over communications about the case and reveal who's financing the litigation. T-Mobile wants access to ...
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10 things to know about Lime scooters Limes will start popping up in downtown Rochester on Thursday. As part of a four-month test authorized by the Rochester City Council, Lime, a scooter-rental company, plans to deliver approximately 50 scooters this week, with plans to increase the number as ...
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Vacationing schoolteacher finds 2.12-carat brown diamond at Arkansas State Park A vacationing schoolteacher recently found a 2.12-carat brown diamond at the Crater of Diamonds State Park in Arkansas. Josh Lanik, a 36-year-old teacher from Hebron, Neb., found the diamond after just two hours of searching on July 24, according to ...
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