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Business News

Location American Business News for 28 June 2015

Google and Facebook battle it out in video market

New York Post - 28 Jun 2015 05:49
Google and Facebook battle it out in video market Google and Facebook were facing off for ad dollars here this week, with both companies operating out of huge beachside booths to pitch marketers on their offerings. Google is the...
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Wells Fargo's 'inconsistent' bankruptcy program troubles bank in court When Rodney Wayne Weidenbenner went to sleep on March 11, 2014, every penny he had left in the world was in four Wells Fargo accounts. When he woke up, the...
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Currency Crisis: The Next Few Days Have the Potential to Transform Greece and Europe Greece wants change, but if it exits the euro it could show Europe is less unified and more fragile than its leaders want us to think.
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How Elon Musk plans to drastically reduce the cost of space flight Right now commercial spaceflight is a dream, but SpaceX is close to making it reality. In the not-too-distant-future we could see multiple rocket launches a day instead of once or twice a month. *This video originally ap...
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If any one of these 3 things happen, the tech boom could end immediately Whether you want to call it a bubble or not, the tech industry is booming. At last count there were 114 privately-held companies with valuations of $1 billion or more -- often called unicorns. Some, such as Uber and Air...
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Taylor Swift's business plan outwits Apple executives

New York Post - 28 Jun 2015 13:37
Taylor Swift's business plan outwits Apple executives What does it say about Apple and its executives that Taylor Swift, in a social media post, was able to make it reverse its decision not to pay artists for...
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Bill Fischer & Tomas Casas
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New app for businesswomen set to debut in US

New York Post - 28 Jun 2015 05:41
New app for businesswomen set to debut in US A buzzy new women's networking group from Down Under is launching in the US, targeting women on Wall Street, entrepreneurs, techies and self-starters among its members. Business Chicks is Australia's...
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Investors move money quickly amidst possible rate increase The countdown to financial Armageddon is on -- there are just over 50 nail-biting trading days until Sept. 17 and perhaps the Fed's first rate increase since 2006, which could...
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US markets will be affected by 'leap second'

New York Post - 28 Jun 2015 05:10
US markets will be affected by 'leap second' If it seems like summer days are lasting longer than ever, it may not be your imagination. The last day of this month will last exactly one second longer, a...
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CNN spots CNN observed an "unnerving" sight in London yesterday and took to the air to warn viewers about it. International assignment editor Lucy Pawle called in to report her concerns after spotting a crude attempt to mimic an "...
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Treasury Auctions Set for the Week of June 29

The New York Times - 28 Jun 2015 23:55
The following tax-exempt fixed-income issues are scheduled for pricing this week.
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Fiat Chrysler says about five dozen of the 2015 models require modifications and should not be driven.
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SARNICO, Italy/SINGAPORE
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SAN FRANCISCO
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Disciplines of Future-Proof Entrepreneurs

Forbes - 28 Jun 2015 23:22
Disciplines of Future-Proof Entrepreneurs We cannot rest on the validation of our early victories without stopping to recalibrate. This kind of discipline can be difficult for the often ADD breed of entrepreneurs. For those that want to be serial entrepreneurs, ...
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PBOC Struggles to Balance Volatile Markets

Wall Street Journal - 28 Jun 2015 23:19
Last week's moves by the PBOC--and the market's response--underline not just investors' dependency on signals from a central bank that often fails to clarify its intentions but also how hard it is for China's leaders to ...
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Alexis Tsipras accuses Europe of 'blackmail' Greek Prime Minister Alexis Tsipras triggered a last-minute scramble by slamming a draft bailout proposal. Then he defiantly addressed his nation and accused European officials of forcing his country to close its banks.
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Fears of Greece Leaving Euro Are Fears of the Unknown

The New York Times - 28 Jun 2015 23:12
Economists cannot think of a time when a developed country with an open economy dropped out of a shared currency and set up a new one, and many worry that path would be dangerous one.
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This is scary for me to share, but maybe, hopefully, it will help you GUEST: There I was. In my bathtub, under the shower-head, crouched in tears as hot water poured over me, telling myself I was a complete failure as an entrepreneur and as a person.
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NewsWatch: Greek banks to stay closed Monday

Market Watch - 28 Jun 2015 23:00
As Greece's financial crisis worsens and the possibility of a Tuesday default on its international debt grows greater, Greece's banks will remain closed Monday, according to media reports citing the chief executive of th...
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Here's what the recently captured New York inmate was in prison for The second inmate who escaped from a maximum-security prison was shot and captured by police on Sunday, putting an incredibly dangerous criminal back in police custody. David Sweat, 35, was serving a life sentence for ki...
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