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Business News

Location American Business News for 3 February 2016
Bank of Japan Governor Haruhiko Kuroda said Wednesday that the central bank has "ample room" to ramp up its easing measures, rejecting views that it is short of ammunition to stimulate lackluster inflation.
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Zappos's Tony Hsieh Says This Is the Biggest Misconception About Holacracy The CEO is doubling down on his self-management experiment.
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Flickr/Vlad B. Most Americans say they want to eat healthier. It's a beautiful (and fairly new) thing. The problem is that most of us don't know how. But the next time you take a stroll down your grocery's "health foods"...
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Asian shares stumbled Wednesday as another steep drop in the price of oil reinforced worries about the potential impact on the world economy of job cuts and reduced investment in the energy industry
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U.S. Energy Exports: First Comes Crude, Then Comes LNG Last December, the United States moved closer toward unleashing the full potential of its energy renaissance when Congress passed – and President Obama signed – an omnibus spending bill containing language eliminatin...
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Time Warner board takes step to stymie activist shareholders Time Warner has made it harder for an activist shareholder to storm the gates. The media giant's board has enacted a rule that bars any shareholder or group of shareholders from nominating a person to its board unless th...
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Home Depot is on a hiring spree. …
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Work, Sleep, Family, Fitness, or Friends: Pick 3 Randi Zuckerberg calls this the entrepreneur's dilemma. Does it ring true for you?
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S&P Cuts Ratings of 10 U.S. Oil Companies

Wall Street Journal - 3 Feb 2016 01:09
Standard & Poor's Ratings Services cut the ratings of 10 U.S. oil and gas exploration and production companies, citing the sharp drop in crude oil prices.
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HSBC announces 'promotion freeze' through 2017

New York Post - 3 Feb 2016 05:45
HSBC announces 'promotion freeze' through 2017 Becoming a Master of the Universe just a got a whole lot harder for the rank and file at HSBC. The troubled UK bank giant has instituted an unofficial "promotion freeze" through 2017 as it tries to rein in costs, The Pos...
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Tech Pain: Startups Are Buying Back a Lot More Employee Stock

Wall Street Journal - 3 Feb 2016 04:40
Public companies weren't the only ones buying back stock last year.
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'Madoff': Charmer, Egotist, Fiend, Swindler

Wall Street Journal - 3 Feb 2016 04:31
ABC's movie about Bernard Madoff depicts the Wall Street rogue as a master manipulator without a conscience who built his business on trust and used it against his unwitting investors.
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After burning through $3 billion, Marissa Mayer may finally put the brakes on buying startups (YHOO) Reuters Marissa Mayer has spent nearly $3 billion on buying startups during her first 3 years at Yahoo. But she may finally put the brakes on her spending spree, the Yahoo CEO indicated during Tuesday's earnings call....
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Yum said China system sales increased 7 percent -- with 7 percent unit growth and a 2 percent rise in same-store sales.
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Sumner Redstone Resigns as CBS Board Chairman He is still executive chairman of Viacom
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Apple Is Once Again the Most Valuable Company in The World The iPhone maker is back on top
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Rockstar has shipped 60M copies of Grand Theft Auto V Grand Theft Auto is still one of the biggest gaming franchises in the world. Publisher Take-Two Interactive revealed today that developer Rockstar Games has shipped more than 60 million copies of Grand Theft Auto V acros...
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MetLife Profit Slides as Hedge-Fund Investments Falter

Wall Street Journal - 3 Feb 2016 23:33
MetLife's fourth-quarter earnings fell sharply, as it wrestled with tough economic conditions in many parts of the world, while low interest rates continued to work against insurers.
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FTIL-DGCX deal valuation sparks investor concern

livemint.com - 3 Feb 2016 23:20
FTIL-DGCX deal valuation sparks investor concern The transaction, announced last week, was done at a valuation of around $40 million, which means FTIL received $11 million for its 27.3% stake
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Take-Two beats Wall Street's expectations for holiday quarter earnings Grand Theft Auto publisher Take-Two Interactive Software (TTWO) reported earnings that beat financial expectations for the third fiscal quarter ended December 31. The company managed to make adjusted net income in the qu...
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Shares of Buffalo Wild Wings wavered in after-hours trading on Wednesday.
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Why IBM Just Acquired ecx.io, Its Third Digital Agency In A Week IBM just bought its third digital agency in a week, acquiring 200-person European shop ecx.io. Here's the reason for the spending spree.
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