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Location American Business News for 21 February 2016
Startups are Personal: Be Careful with Cheap and Cheerful In the fourth part of our lessons learned series (which is co-authored by Traklight’s Mike Willee), we tackle a topic near and dear to my heart: cost-cutting measures. Sometimes, they’re necessary, but other times, t...
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FBI gathers clues in massive Goldman Sachs money scandal Fallout from Goldman Sachs' involvement with the controversial Malaysian state fund continued last week. US law enforcement officials are gathering sensitive documents -- and identifying potential witnesses -- in the mas...
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Volkswagen Sold More Sausages in 2015 Than Cars It's not the wurst thing that could happen.
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Watch the world's largest cruise ship being built

Business Insider - 21 Feb 2016 21:15
Watch the world's largest cruise ship being built When The Harmony of the Seas is finished, it will be the world's largest cruise ship, and able to carry 5,497 passengers. It'll also have robotic bartenders, 10-story water slides, and virtual balconies for those rooms n...
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Can Xerox avoid a bankruptcy like Kodak's?

USA Today - 21 Feb 2016 03:31
Can Xerox avoid a bankruptcy like Kodak's? Patents may hold the key to the new company's future.          
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He's blazing a Web trail for hikers

L.A. Times - 21 Feb 2016 13:00
He's blazing a Web trail for hikers The gig: Casey Schreiner, 34, is editor and founder of Modern Hiker, the most-trafficked hiking blog in California. The site offers guides, maps and photos of hundreds of trails throughout Southern California and the Wes...
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Japan's Sharp to vote on rival takeover bids on Thursday (Reuters) – Sharp plans to choose between rival rescue offers as soon as Thursday, as a favored bid from Taiwan’s Foxconn continues to be challenged by a Japanese state-backed investment fund, people with direct know...
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Corporate leadership of Borders Inc. took a stab at saving the Ann Arbor-based bookseller five years ago - on Feb. 16, 2011 - by filing for bankruptcy and aiming toward a restructuring. …
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This Cable News Panel Just Dismissed Bernie Sanders' Wall Street Tax Plan A panel of reporters led by MSNBC's Chris Matthews agreed Saturday that Sen. Bernie Sanders' plan to use a tax on financial transactions to pay for tuition at public colleges is cheap, pie-in-the-sky pandering with littl...
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Uncertainties Infect Stocks - Time For Preemptive Action Uncertainties are not risks - they are worse. Without precedent, they are the stuff from which sell-offs and fears can come. Cash is a good antidote.
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The Week's Best Reads: Unlikely Entrepreneurs In Cuba And Why Foodies Flock To A New Funding Site Meet the unlikely entrepreneurs behind Cuba's first U.S. factory since the revolution.
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This Stock Is the Undisputed Mobile Payment Winner It’s a one-two punch I love to see in a stock: a growing dividend and a rock-solid commitment to research and development.
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This is why your wedding is ridiculously expensive

New York Post - 21 Feb 2016 02:30
This is why your wedding is ridiculously expensive If you're planning on tying the knot, it's best to do it out of town. Weddings have never been so expensive as they are in the metro area, with the average wedding cost now rising 20 percent compared with last year. New ...
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Nokia says it's 5G ready, launches a $350M IoT fund, and acquires network security firm Nakina It’s changed days for Nokia as the former mobile phone giant used Mobile World Congress (MWC) to announce not a sexy new range of smartphones, but a trio of tidbits centering on 5G, the Internet of Things (IoT), and se...
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Why Fintech Firms Aren't So Different From Banks

Wall Street Journal - 21 Feb 2016 23:38
The recent stock-market selloff shows that online lenders can suffer just like big banks.
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The first step to inspiring collaboration is realize there are two basic human instincts that are automatically triggered under different circumstances: hoarding and sharing.
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A quick-start intro to Canvas, Facebook's new ad unit GUEST: Facebook's recent quarterly earnings showed just how important mobile has become to the company, with mobile advertising making up a significant chunk of the company’s 52 percent jump in revenue. Facebook is cle...
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Galaxy S7 and S7 edge: What Samsung changed

Venture Beat - 21 Feb 2016 22:06
Galaxy S7 and S7 edge: What Samsung changed At its Galaxy Unpacked event in Barcelona today, Samsung announced the Galaxy S7 and the Galaxy S7 edge, successors to the Galaxy S6 and Galaxy S6 edge, respectively. After weeks of leaks, Samsung’s seventh-generation ...
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When the downturn starts killing off your company's SaaS providers GUEST: Over the last 10 years, we’ve seen a major shift as enterprises embrace cloud-based SaaS. It’s now customary for large enterprises to rely daily on dozens of outside services to function. While some of these s...
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Interest servicing ability deteriorates further for firms Credit Suisse report shows share of debt having interest coverage ratio (ICR) less than 1 increasing to 41% in the December quarter
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Facebook's Zuckerberg appears at Samsung event to talk VR, confirms Minecraft is coming to Oculus BARCELONA, Spain — Facebook CEO Mark Zuckerberg delivered a much-needed shot of adrenaline to Samsung’s Unpacked press conference by making an unannounced appearance on stage to talk virtual reality and to praise his...
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Use of Fed's Foreign Repo Program Grows

Wall Street Journal - 21 Feb 2016 21:09
Foreign central banks have sharply increased their overnight deposits in a Federal Reserve program, the latest shift to reverberate through short-term global lending markets.
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