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Business News

Location American Business News for 18 May 2016

Taiwan: The World's Geniuses of Garbage Disposal

Wall Street Journal - 18 May 2016 03:03
How the island, with landfills not far from capacity, became one of the world-wide leaders in recycling.
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Consumer watchdog turns its attention to auto-title loans Payday loans aren't the only type of expensive consumer credit that start out as a short-term financial solution but often turn into long-term debt traps, according to a report released Tuesday by the Consumer Financial ...
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China Take-Private Deals Not Dead Yet

Wall Street Journal - 18 May 2016 12:37
A slashed price for Dangdang's management-led buyout shows that U.S.-listed Chinese companies still have a route back home.
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She earned more than Bill Clinton last year, her financial disclosure says
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U.S. hikes duties on Chinese steel to over 500% A trade spat over steel boiled over on Wednesday, with China demanding the U.S. roll back new duties of more than 500% on some of its steel products.
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Japan's Economy Posts Growth for the First Quarter

The New York Times - 18 May 2016 04:06
Japan's Economy Posts Growth for the First Quarter The world's third-largest economy defied expectations of a second down quarter to expand at its fastest pace in a year on robust private spending and exports.
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Wikimedia Commons A well-stocked Netflix queue can go a long way toward pure and utter happiness, but sometimes there's still something missing. For those moments, it can help to fall back on the wisdom of history's grea...
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Can hackers attack the global financial system? Hackers are breaking into smaller banks to access bigger banks. Wall Street executives are deeply worried about this.Sponsored: Drivers With No Tickets In 3 Years Read This Do NOT pay your next car insurance bill until y...
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Wall St. Is Mixed Ahead of Fed Minutes

The New York Times - 18 May 2016 15:58
Shares of consumer goods retailers fell the most after Target reported weak sales and gave a forecast that disappointed investors.
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Japan bounces back, avoiding recession

CNN - 18 May 2016 06:40
Japan bounces back, avoiding recession The Japanese economy grew more than expected in the first quarter, but officials face stiff challenges ahead.
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Overtime pay may become reality for more US workers

Miami Herald - 18 May 2016 06:03
More than 4 million U.S. workers will become newly eligible for overtime pay under rules to be issued Wednesday by the Obama administration. …
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Trading Places: Why Stock, ETF and Futures Options Are So Difficult To Trade As an Options Trader in today’s electronic markets you have the advantage of transparency. Market Prices are in front of you all of the time. You can use a live feed of Options Prices to evaluate numerous Options Tradi...
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SAN FRANCISCO
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Mark Wilson/Getty If you're a salaried employee making less than $47,476 a year, experts say you have good reason to rejoice. Currently workers covered by the Fair Labor Standards Act (FLSA) of 1938 must be paid at least...
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The Latest: Google poised to get serious on VR

News Observer - 18 May 2016 18:14
The Latest from Google's software conference in California (all times PDT): …
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Four entrepreneurs share their best suggestions for summer reading, from Stephen King's On Writing to Patrick Lencioni's The Five Dysfunctions of a Team.
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Chris Pinney is the High Meadows Institute’s founding President. The Boston-based Institute was established in 2013 by business leaders to explore the role of business in defining a 21st century social contract that en...
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New Overtime Rules Force Small Businesses to Make Hard Choices According to new regulations being issued by the Labor Department, the threshold at which salaried workers must be paid overtime rises to $47,476 from $23,660, starting Dec. 1.
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How a 102-Year-Old Family Business Grew into a National Brand Dana Edwards Manatos, co-founder of the chocolate snack brand Snappers, describes how the business she now runs with her siblings got its start.
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Stocks fall in early trading; Target drops after reporting weak sales U.S. stocks were falling in morning trading Wednesday. Consumer goods retailers fell the most after Target reported weak sales and gave a forecast that disappointed investors. Target fell 8% early in the day. Home improv...
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'Porn's New King' gets bail revoked for 'threatening' drunk texts Drunk texting just got "Porn's New King" Jason Galanis tossed in jail pending trial. Galanis -- arrested last week over a $60 million scheme that ripped off a North Dakota Sioux tribe -- had his bail in a separate $20 mi...
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Vermont Attorney General William Sorrell is claiming some credit for the decision announced by tech giant Google to stop selling ads to high-interest 'payday' lenders. Sorrell says Vermont began working with Google on th...
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