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Business News

Location American Business News for 1 May 2017

Coach Browses the Sale Rack

Wall Street Journal - 1 May 2017 20:17
As Coach's turnaround takes shape, a buying spree might be next.
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Bitcoin busts out to an all-time high above $1,400

Business Insider - 1 May 2017 13:28
Bitcoin busts out to an all-time high above $1,400 Thomson Reuters Bitcoin is at another fresh all-time high. Early buying ran the cryptocurrencyabove the $1,400 mark for the first time ever, but it has since pared those gains. As of 7:17 a.m. ETittrades up 4.1%, or $54....
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An Awkward Embrace for AXA and AllianceBernstein

Wall Street Journal - 1 May 2017 20:50
A management shake-up at AllianceBernstein brings it closer to majority shareholder AXA, but it is unclear why.
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Behind the Swift hack; banks look for risk relief

American Banker - 1 May 2017 17:08
Despite measures taken by the messaging service, banks are still responsible for their own cybersecurity; banks want easing of "operational risk" rules.
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Twitter is surging after announcing its teaming up with Bloomberg on a streaming news service (TWTR) Mike Blake/Reuters Shares of Twitter are up 6% on Mondayat $17.47 as of 10:33 a.m. ET after theWall Street Journalreported that the social media companywill be teaming up with Bloomberg to launch a 24 hours a day, seven ...
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Meet Your New Barista: Ralph Lauren

Forbes - 1 May 2017 14:56
Meet Your New Barista: Ralph Lauren One of the more puzzling things the struggling luxury retailer has trumpeted is that it's adding coffee bars in its stores -- just like so many other retailers. Ralph Lauren and its competitors need to do a lot more to e...
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Looking Back At The Subtle Gender Politics Of 'The Matrix' In light of the Wachowski sibling's gender transition, it's interesting to look back on how their internal struggle may have influenced 'The Matrix.'
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Online lending has reached a tipping point

Business Insider - 1 May 2017 17:05
Online lending has reached a tipping point csdailyblog Online lenders have been facing an uphill battle recently as investors question whether they are truly getting the loan transparency they need to confidently invest in this young industry. Investors, credit p...
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Five Teams Where Blake Griffin Could End Up This Summer With the L.A. Clippers flaming out of the playoffs in the first round, they might be looking to break up their core and find a new home for star forward Blake Griffin. The top places include...
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China Looks to Export Auto Overcapacity on Slow-Growth World

Wall Street Journal - 1 May 2017 10:28
China makes too many cars and wants to make even more. Auto makers everywhere should worry about the spillover effects.
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Trailing Wreckage, Gina Raimondo Remains Rising Star of Democratic Party Despite damning evidence that her professional and political past is rife with wreckage--including selling out her state to Wall Street billionaires who support her political ambitions--many expect Raimondo to figure pro...
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Amazon Apparel Zips Past Target, Dept. Stores

Barron's - 1 May 2017 17:20
Amazon Apparel Zips Past Target, Dept. Stores Amazon is quickly gaining traction in apparel and now trails only Wal-Mart Stores.
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What to expect from Apple's upcoming earnings (AAPL)

Business Insider - 1 May 2017 16:55
What to expect from Apple's upcoming earnings (AAPL) Apple Apple will report its 2nd fiscal quarter earnings on Tuesday at 4:30 P.M. This quarter is typically Apple's slowest. Apple sells a lot of iPhones during the holiday season and much fewer in the first calendar quart...
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Craft brewer grows to survive encroachment from Sometimes the answer for a small business is finding partners to help you grow        
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The S&P 500 Index Is Responding Well To First Quarter Results The S&P 500 earnings are helping the stock market to record highs.
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An investigation into a term that seems to perfectly capture the indignities and absurdities of the modern economy.
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The Treasury secretary on Monday reiterated an aggressive timetable for tackling the future of Fannie Mae and Freddie Mac, an issue that has long flummoxed Congress.
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Money laundering in Latin America is said to be worsening and a corruption probe in Brazil adds to the worries, but Latin American banks are fighting hard to preserve business with U.S. banks.
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The Army just released these haunting images taken moments before a combat photographer's death US Army The Army has released an imagetaken by a combat photographer moments before she was killed in an explosion during a 2013 live-fire training exercise in eastern Afghanistan. Spc. Hilda I. Clayton, a visual informa...
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Trump 'wants to get rid of' carried-interest tax loophole The Trump administration's push to overhaul tax laws might soon target a loophole used by some financial managers to lower their tax rates, White House Chief of Staff Reince Priebus said on Sunday. President Donald Trump...
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Former Fed Chairman Ben Bernanke says his harshest critics should admit the policies he put in place seem to have panned out.
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3 tips to help you land your career job this Spring Spring and career opportunities have sprung! Buzz60's Djenane Beaulieu (@djenanebeaulieu) has some tips to help you land the job.        
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