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Erdogan Puts Stamp on Economic Vision That Rests on Flimsy Base Go inside the global economy with Stephanie Flanders in her new podcast, Stephanomics. Subscribe via Pocket Cast or iTunes. President Recep Tayyip Erdogan's quest for Turkey's economic rebirth is already struggling to keep its numbers straight.
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AmEx Sweetens Rewards, Boosts Annual Fee on Delta Co-Brand Cards American Express Co. is sweetening rewards and raising the annual fee on many of its co-brand cards with Delta Air Lines Inc. after the two renewed their longtime partnership earlier this year. Annual fees on six Delta cards will rise, AmEx said Monday in a ...
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CVS Pulls Zantac, Here Is The Latest On Cancer Concerns Here is more heartburn for those who make Zantac and similar heartburn medications. The largest pharmacy chain in the U.S., CVS Pharmacy, has announced that it "has suspended the sale of all Zantac brand and CVS Health brand ranitidine products until ...
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Inside the new Uber: Weak coffee, vanishing perks and fast-deflating morale SAN FRANCISCO — Tech IPOs have long been viewed as a boon for Silicon Valley workers, ushering in a new era of corporate stability and stock-driven wealth. That's not been the case at Uber, where the stock price has fallen roughly 30 percent since ...
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WeWork throws in the towel on ill-fated IPO (Reuters) - WeWork's parent The We Company said on Monday it will file to withdraw its initial public offering, a week after the SoftBank-backed office-sharing startup removed founder Adam Neumann as its chief executive officer. WeWork's decision to pull its ...
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Christine Lagarde, Europe's next top central banker, says dissent is healthy London (CNN Business) Happy Monday. A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. Christine Lagarde, incoming president of the European Central Bank, isn't afraid of a little ...
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Households helped to limit hit to UK economy as it shrank in second quarter - ONS LONDON (Reuters) - Households helped to limit the damage to Britain's economy as it shrank in the second quarter ahead of Brexit, according to new data that also showed their financial health was less fragile than previously thought. FILE PHOTO: Canary ...
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Nothing Lasts, Forever 21 Discovers, As Another Clothing Chain Files For Bankruptcy Forever 21 — the ubiquitous mall-based fashion retailer aimed at teens, tweens and young adults — filed for Chapter 11 bankruptcy protection, joining a growing list of apparel outlets to fall victim to competitive online market pressures. The California-based ...
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PayPal to enter China through GoPay acquisition The People's Bank of China has approved PayPal's acquisition of a 70% equity state in GoPay (Guofubao Information Technology Co. (GoPay), Ltd.), which will make PayPal the first foreign payment platform to provide online payment services in China.
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Purdue Pharma family profits from sale of resorts in regions plagued by opioid crisis NORTH CONWAY, N.H. – Mitchell Yeaton is battling a wave of opioid addiction from his counseling center in New Hampshire ski country, just a short drive from two winter resorts that are engines of the local economy, Attitash and Wildcat. In this tourist hot ...
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YouTube TV comes to Amazon Fire TV Google's live TV streaming service, YouTube TV, is finally available on Amazon Fire devices, effectively ending years of feuding between the two tech giants. YouTube TV will now be available on Fire TV devices including the second-gen Fire TV Stick, Fire TV ...
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Warren Buffett: Get to know the billionaire 'Oracle of Omaha' For some, gaining wealth is easy, but maintaining it is hard. That's not the case for the billionaire "Oracle of Omaha" Warren Buffett, who has been able to maintain his status as one of America's richest men in the world for decades. Continue Reading Below.
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Sunrise's UPC takeover fight grinds on as Freenet spurns concession ZURICH (Reuters) - Sunrise Communications (SRCG.S) slashed the size of a rights offer but this failed to secure the support of a major shareholder for its 6.3 billion Swiss franc ($6.35 billion) purchase of Liberty Global's (LBTYA.O) Swiss UPC unit. Germany's ...
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China September factory activity surprises, expands fastest in 19 months: Caixin PMI BEIJING(Reuters) - China's factory activity unexpectedly expanded at the fastest pace in 19 months in September as plants ramped up production and new orders rose, a private business survey showed on Monday,. FILE PHOTO: A worker welds a bicycle ...
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Two lines wrapped around the building: Wegmans breaks record with Raleigh opening Gates-based grocer Wegmans opened its first store in North Carolina, and the Tar Heel State was there for it. More than 3,000 people, some of whom had already grabbed carts, lined up outside the Raleigh store well before dawn for the grand opening at 7 ...
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So, what is superannuation actually for? The government's new retirement incomes review will need to work quickly. Treasurer Josh Frydenberg said he expected a final report by June, just seven months after the issues paper due in November. The deadline is tight for a reason. In recommending ...
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Neil Woodford could be axed by Patient Capital as the investment firm loses a fifth of its value in three months FALLEN fund manager Neil Woodford has suffered a new blow as the listed trust that bears his name considers ditching him as its manager. The board of the Woodford Patient Capital Trust said it was speaking to other fund managers to potentially replace Mr ...
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India's Holiday Sales Test Shopping Slump — WSJ This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (September 30, 2019). NEW DELHI -- India's slowing economy faces a critical test this week when ...
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Sensex drops 155 points, Nifty slips below 11500; bank stocks play spoilsport Equity benchmark Sensex fell over 155 points on Monday to close at 38,667.33 due to a massive sell-off in banking stocks as investors turned cautious on the financial services space. Likewise, the NSE gauge Nifty shed 38 points to close below the ...
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Top exchanges form Crypto Rating Council to tackle SEC Crypto exchange Coinbase today announced the launch of the Crypto Rating Council, an organization created to help traders comply with U.S. federal securities laws. The founding members of the Council alongside Coinbase are Anchorage, Bittrex, Circle, ...
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