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30 Jun 2015 - United States
The costs and benefits of energy efficiency are about to get controversial on Capitol Hill thanks to a new study by economists at the University of California, Berkeley and the University of Chicago.
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You can no longer escape airline baggage fees

New York Post - 30 Jun 2015 17:25
You can no longer escapeThe era of free checked suitcases on JetBlue has come to an end. The airline proudly proclaimed itself a holdout on fees for years, allowing passengers to check one bag...
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Liberty Mutual and American Family Insurance Co. want to use the data generated by smart home devices to offer consumers a discount on insurance.
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New overtime rule could affectThe pay threshold for overtime eligibility would increase under Obama's proposal.          
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Greece asks for new bailout asRead full story for latest details.
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Stocks partially rebound fromInvestors continue to eye the latest headlines on the Greek debt crisis as the country faces a midnight default deadline.          
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NEW YORK (TheStreet) -- Billionaire investor Carl Icahn's warning about the risks of junk-rated debt might scare you, but that doesn't mean you should write off the entire category.He sounded the... alarm about high-yield -- or non-investment grade -- securities last week, saying the market is "extremely overheated." It's not the first time that observation has been made. Still, there is a case for you to keep at least a portion of your portfolio in this type of debt even though it's riskier. Specifically, you might want to consider the SPDR Barclays High Yield Bond   or the iShares iBoxx $ High Yield Corporate Bond   exchange-traded funds. Here's why: 1. -- If You Like Stocks, You Should Love Junk. I hear plenty of people who should know better say that junk-rated debt is...
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Consumer confidence surges June

USA Today - 30 Jun 2015 16:22
Consumer confidence surgesPerceptions of current conditions and the near-term outlook both advanced sharply          
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NEW YORK (TheStreet) -- Running a small business isn't easy even in normal times, so imagine what it's like when your country is in the midst of a crippling debt crisis and you're not even sure what... currency it will be using in the future. That's the situation being faced by many small business owners in Greece, and it's hitting exporters particularly hard. Must Read: 5 Stocks Warren Buffett Is Selling TheStreet caught up with several of them at this year's Summer Fancy Food Show, a gathering that brings specialty food-makers from around the world together with potential customers ranging from small caterers to warehouse giant Costco . Olive and preserved fruit producer Intercomm Foods, for example, is looking to find its first U.S. partners. But the company has had to comfort uncertain...
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Facebook Opening FirstFacebook is opening an office in Johannesburg, which will be led by South Africa's Ogilvy & Mather chairwoman Nunu Ntshingila. The region has a population of over 1 billion, but only 120 million of... these people are on Facebook.
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NEW YORK (TheStreet) -- On Friday eBay finally announced when it would be completing the spinoff of its payments division PayPal. The company had been discussing the spinoff for months now, but it... will all be over on July 17 when PayPal becomes an independent company separate from eBay. On July 8, eBay shareholders will receive one share of PayPal common stock for every share of eBay common stock they own. The distribution will be finalized on July 17, and on July 20 PayPal will begin trading on the Nasdaq under the ticker "PYPL." The two companies hope that as independent entities they will be able to focus more on their respective core businesses -- marketplaces and payments. While eBay has been struggling a bit -- with $8.8 billion in revenue in 2014, down from $16 billion in 2013...
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NEW YORK (TheStreet) -- If the Greece and Puerto Rico debt crises cause worldwide panic, scaring investors and causing liquidity to dry up, the U.S. Federal Reserve just might step in to help,... becoming, in essence, a central bank to the world.  You read that right: The Fed must be prepared to help maintain liquidity in world markets. There's precedent.  The Federal Reserve was very active in during the Great Recession in supplying reserves to other central banks throughout the world through central bank liquidity swaps, which are deals with foreign central banks that allow the Fed to use their capital to provide liquidity in the U.S. -- and visa versa. According to the Federal Reserve's H.4.1 statistical releases, swaps were provided to central banks after the economic recovery began in...
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Uber loses nearly half a billion dollars

New York Post - 30 Jun 2015 15:50
Uber loses nearly half aUber's race to expand comes at a high cost. The fast-growing car-hailing recorded $470 million in operating losses on $415 million in revenue, according to a bond prospectus obtained by...
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Govt said to consider mergingMaintaining BMB as a standalone entity would have required large amount capital infusion by the govt, the people said
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British consumer morale surged to its highest in over 15 years this month as shoppers said they were ready to spend, a survey showed on Tuesday, adding to signs that growth is picking up after a weak... start to the year. British household spending, the main driver of the country's robust economic recovery, was weak at the start of the year. But a pick-up in wage growth and the lowest inflation in fifty years have boosted disposable income in recent months.
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An executive at index provider MSCI Inc. says Chinese regulators face a complex process to satisfy requirements for mainland shares to join one of its widely tracked indexes.
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What Is An Employee?

Forbes - 30 Jun 2015 06:17
What Is An Employee?Simple question but how would you answer it? If you look up "employee" in the dictionary you find: "a person who works for another person or for a company for wages or a salary." Synonyms include:... cog, servant, and slave. This is how we have built our organizations, on this idea that an employee is an expendable and replaceable cog. However, today this conversation is taking a dramatic turn. All of a sudden we hear about health and wellness, engagement, inspiration, empowerment, and employee experience. But why now? It's because the war for talent has never been more fierce and because the very definition of "employee" has changed. I have written about this a few times in the past in this article on The 7 Principles Of The Future Employee and The Evolution Of The Employee.
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Shazam just signed a big dealShazam, the popular music recognition app that's reinventing itself as an advertising company, is hoping to boost its advertising business through the launch of new social features that let people... "follow" musicians. A raft of big names including Pitbull, Calvin Harris, Wiz Khalifa, Coldplay, One Direction and Usher are launching profiles on the mobile app, letting fans to see what they're listening to. Shazam's app recognises the wavelengths of tracks to tell users the name of the song they're listening to. It's incredibly handy and hugely popular -- the app has over 600 million users worldwide who Shazam 20 million tracks a day. The company is automatically signing up users who have Shazamed artists on the app to follow those musicians, so people like Calvin Harris and Avicii will...
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China stocks are givingChina stocks resumed their volatile decline on Tuesday, compounding losses that have erased trillion of dollars in market value in recent weeks.
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Puerto Rico seeks bankruptcy

Market Watch - 30 Jun 2015 05:18
Both Puerto Rico's governor and his new advisor, who previously oversaw Detroit's bankruptcy, agree that the Caribbean territory is broke. The question now is whether the island will be allowed to go... bankrupt.
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Hedgie shrewdly pulled assetsDesperate Greeks lined up at ATMs on Monday to withdraw up to the maximum $67 limit as the nation's debt crisis careened towards disaster. But at least one US hedge-fund...
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The move by the White House restores the overtime threshold to about where it was in 1975 in terms of purchasing power.
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6 Tricky Interview Questions"What are your salary requirements?"
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Nokia Corporation (ADR) MayNokia Corporation (NYSE:NOK) may take steps to shore up a licensed supply chain, before its agreement with Microsoft Corporation (NASDAQ:MSFT) to not produce Nokia-branded phones until 2016, draws to... a close.
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Microsoft Corporation RumoredWith the launch of Windows 10 just around the corner, there are several reports regarding what features Microsoft Corporation (NASDAQ:MSFT) will look to include in its mobile operating system (OS).... There aren't exactly many new things to introduce, to take a swipe at the more famous Apple Inc. (NASDAQ:AAPL) iOS and Google Inc. (NASDAQ:GOOG) Android, which currently dominate the mobile OS front.
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