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Business News

Location American Business News for 4 January 2016
Tesla Delivers 50,000-Plus Vehicles In 2015, Model X 'Tracking' At 238 Per Week Tesla delivered 17,400 vehicles in the fourth quarter, handily beating previous records for a single quarter, while reports of a Model S fire circulate in Norway.
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Five Customer Experience Truths That Almost Every Company Gets Wrong 1. The customer experience as you think of it internally doesn’t exist. (That's your experience, not the customer experience.) Customers don’t care about your org chart, your process map. In the customer’s eye th...
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General Motors plows $500M into Lyft and reveals plans to build self-driving cars General Motors (GM), the century-old car company behind major automotive brands Chevrolet, Buick, Cadillac, and Vauxhall, announced today that it’s investing $500 million in ride-sharing company Lyft. Founded out of Sa...
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US manufacturing hit a 3-year low in December

Business Insider - 4 Jan 2016 16:45
US manufacturing hit a 3-year low in December Manufacturing in the US is in a bad place.  Markit's latest reading on US manufacturing activity in December fell slightly to 51.2 from a preliminary reading of 51.3, though this reading was better than 51.1 that was es...
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A Wall Street firm just downgraded Netflix, and now the stock is tumbling (NFLX) Wikimedia Commons Netflix has made itself into a fixture in the entertainment business. But according to one Wall Street firm, the company's days of booming growth may be over. William Power and Steven Beckert at Baird d...
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Takata Emails Show Brash Exchanges About Data Tampering

The New York Times - 4 Jan 2016 12:19
Takata Emails Show Brash Exchanges About Data Tampering The documents, unsealed as part of a lawsuit, show discussions about dressing up data at the airbag supplier, which is under fire for defective devices.
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Hedge fund closures are going to hit 'an all-time high'

Business Insider - 4 Jan 2016 16:37
Hedge fund closures are going to hit 'an all-time high' Flickr/ Ken Hawkins Don Steinbrugge, a managing partner of the Richmond, Virginia-based Agecroft Partners, a marketing and consulting firm for the hedge fund industry, expects more hedge funds will shut down in 2016. St...
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Eurozone Manufactures One Less Problem for Itself

Wall Street Journal - 4 Jan 2016 15:45
Eurozone surveys show manufacturers bucking the global gloom; the big economic threats to Europe's recovery are external.
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Asian Shares Slide as 2016 Gets Off to Shaky Start

Wall Street Journal - 4 Jan 2016 05:08
Shares across Asia tumbled Monday, the first trading day of the year, after the latest signal that China's economy is stalling.
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High-yield investments aren't as trashy as many investors think, writes Jeff Reeves.
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Union Do you remember where you were when Steve Jobs died? I do. There are only a handful of historical events that I remember that vividly, and for some reason Jobs' death in 2011 is one of them. Even if you don't remem...
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AP Photo/Pizza Hut Value is key to restaurant chains’ success in the new year — and Pizza Hut is no exception. On January 4, Pizza Hut is debuting the new $5 Flavor Menu, a seven-item value menu with offerings includ...
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Robinhood Reinvents Stock Trading Without The Fees Robinhood is a commission-free stock trading app available to anyone with a smartphone. Launched a year ago, the app looks like it should be used to hail a ride, but more than $2 billion in trades have been executed on t...
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US Government Will Sue Volkswagen For Violating EPA's Clean Air Act It looks like car manufacturer Volkswagen didn't get memos on the Clean Air Act's standards and regulations - so much so that the U.S. government intends to sue the company for emission violations.
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How To Be The World's Worst Boss -- Part 8

Forbes - 4 Jan 2016 21:25
How To Be The World's Worst Boss -- Part 8 Part eight of a continuing series, which outlines how you too can be an appalling manager. Read part seven here.
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4 signs you're working for a toxic boss

Business Insider - 4 Jan 2016 17:01
4 signs you're working for a toxic boss YouTube/Animation Domination Everybody has a terrible boss story. From managers who constantly micromanage to owners who throw temper tantrums, there’s no shortage of examples of poor workplace leadership. Related: Ho...
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Chick-fil-A says it's delaying the reopening of its first stand-alone New York City location after being cited for a number of health violations. …
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VideoAmp Preditcts Video Consuption Cross-Screen For Digital Advertisers Video consumption is fragmenting. But for advertisers it?s been tough to deliver consistent brand messages across all those screens. McCray, a self-professed lifelong hacker, sought to help advertisers do just that when ...
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Chinese stocks dived 5 percent Monday as poor manufacturing data from the world's second-largest economy and escalating tensions in the Middle East weighed on Asian markets. Oil prices rose. …
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South Korea will review safety at six low cost airlines after a Jin Air flight made an emergency return to the Philippines. …
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Tech's biggest gathering has a problem: It has simply gotten too big, overwhelming the convention halls, hotels and taxi fleets of Las Vegas.
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Big Banks Start to Embrace Startups

Wall Street Journal - 4 Jan 2016 04:23
J.P. Morgan Chase& Co. recently decided to tap On Deck Capital to create an online small-business loan for its customers. The move is the clearest sign yet that large banks are choosing the path of embracing up-and-comin...
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