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Business News

Location American Business News for 16 December 2014
NEW YORK (TheStreet) -- Energy-related master limited partnerships such as Linn Energy and NGL Energy Partners have been slammed by the drop in oil prices, but Goldman Sachs thinks that may present a buying opportunity....
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GE's Oil and Gas Gambit Falters

Wall Street Journal - 16 Dec 2014 04:29
Oil and gas has been an exclamation point for General Electric Co. in recent years, as the company sought to take advantage of global demand for new energy resources. Now it's starting to look like a question mark.
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Russia Moves to Help Lift Sinking Ruble

Wall Street Journal - 16 Dec 2014 06:39
A spiraling currency crisis, fueled by the bite of Western sanctions and the plummeting price of oil, spurred Russia's central bank to raise interest rates late Monday, a drastic move aimed at shoring up the collapsing r...
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Home Building Faltered in November, but Broader Trends Point Up

Wall Street Journal - 16 Dec 2014 23:52
Housing starts fell 1.6% in November, the latest sign of an uneven housing recovery.
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Fire In The Hole: The Imminent Implosion of Venezuelan Chavismo Venezuela is on the verge of a political collapse, exacerbated by falling oil prices, but caused by a growing rift within the Chavista regime and its opposing factions.
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NEW YORK ( TheStreet) -- McDonald's , Burger King and Starbucks  all were reminded this year of fast food's golden rule: Price matters. After some high-profile new fast food launches late in 2013, McDonald's, Burger Kin...
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How To Get More Done In 2015

inc - 16 Dec 2014 13:00
How To Get More Done In 2015 Here's how to motivate yourself to accomplish more
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Advocacy group protests CIT Group deal for OneWest Bank National business banking lender CIT Group Inc. stands to collect more than $1.4 billion from federal regulators to cover future losses should its purchase of OneWest Bank in Pasadena be approved.
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Developing countries are losing more money through corruption and tax evasion than they receive in international aid, a new report shows. According to a new report from Washington, D.C.-based advisory firm Global Financi...
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Market Isn't Getting Fed's Message on Rates

Wall Street Journal - 16 Dec 2014 02:30
Ahead of the Tape: The central bank is largely expected to raise rates in mid-2015, but the recent dramatic slide in oil prices is muddying that picture.
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The 20 Best Restaurants In San Francisco

Business Insider - 16 Dec 2014 00:38
The 20 Best Restaurants In San Francisco Zagat has announced the results of its survey of the best restaurants in San Francisco this year. Greek eatery Kokkari Estiatorio took home first-place honors in the food category this year, dethroning Gary Danko for the...
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Funds Added To Transocean Positions

Forbes - 16 Dec 2014 22:33
At Holdings Channel, we have reviewed 3,607 13F filings for the 09/30/2014 reporting period, and looked at the various S&P 500 components held by each of these reporting hedge funds and other 13F filers. For each compone...
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Elevators Set to Take New Direction

Wall Street Journal - 16 Dec 2014 21:11
ThyssenKrupp is working on a cable-free elevator that would allow multiple cars to run in the same shaft, and to sideways and diagonally as well as up and down.
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6 Awesomely Random Acts of Workplace Kindness Try these random acts of kindness to show your employees they are working at a fun (and slightly surprising) office.
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Wal-Mart Founder: 'Most Everything I've Done I've Copied From Someone Else' Wal-Mart has a long history of stealing ideas from competitors. In a recent interview, Wal-Mart Stores CEO Doug McMillon said the tradition is part of the retailer's "DNA." "I mean going all the way back to [Wal-Mart fou...
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Security firm Edgewave nabs $8M to help smaller businesses track threats The company's new funding will primarily be used to launch a marketing campaign.
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(Reuters) - India's trade deficit widened to an 18-month high in November as demand for machinery and transport equipment soared, bolstering hopes of a sustained recovery in Asia's third-largest economy. Higher gold impo...
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"In some cases MPs are approached 100 times a week by lobbyists" (D. Cameron - February 2010) About the time, in 2010, that David Cameron was saying that the "£2billion" lobbying industry was the "next big scandal waiti...
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Quick: How many people know who Boris Lushniak is?Lushniak is the acting surgeon general who has been serving during one of the worst public health scares in recent memory, the Ebola virus outbreak, and who will now be r...
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The rouble's rout

livemint.com - 16 Dec 2014 21:20
The rouble's rout The Russian currency has become the top casualty of the continuing fall in oil prices even as the country battles Western sanctions
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In trading on Tuesday, music & electronics stores shares were relative laggards, down on the day by about 3%.  Helping drag down the group were shares of Radioshack (RSH), off about 9.8% and shares of Conns (CONN) down ...
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Taj Mahal owner begs Carl Icahn to save casino in last ditch effort With just four days to go before the scheduled closing of Atlantic City's Trump Taj Mahal, the CEO of the casino's parent has written a letter to investor Carl Icahn...
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