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Business News

Location American Business News for 12 July 2017

OPEC says more cuts are off the table

Business Insider - 12 Jul 2017 03:02
OPEC says more cuts are off the table Thomson Reuters No further oil output cuts are on the agenda for the July meeting of the ministerial committee set up to monitor compliance with the OPEC-non-OPEC deal, the cartel’s secretary general Mohammed Barkindot...
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Haena Park was sentenced to three years in prison for squandering $23 million on bad investments
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This New York startup lets you easily create a paywall for your blog to make money off content Verst As Medium melts down, another big tech hope for small publishers to snag some extra revenue seems to be going up in smoke. But on Wednesday, a New York startup called Verst debuted a set of tools designed to make i...
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Amazon's CEO asked for charitable-giving advice - here's what he should do with his money Gus Ruelas/Reuters Jeff Bezos – the billionaire founder of Amazon with a net worth of over$80 billion– hasasked Twitterfor advice on how to donate to charity. The responses came quick. At the time of writing, there w...
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Three Reasons Why It's Important For Leaders To Find Inner Peace Inner peace is as difficult to define as it is elusive. However, having a solid inner foundation is an essential part of leadership.
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Samsung just bought a multilingual voice tech startup to bolster its Bixby voice assistant BI Intelligence This story was delivered to BI Intelligence Apps and Platforms Briefingsubscribers. To learn more and subscribe, please click here. Samsung has agreed to acquire Innoetics, a startup based in Greece that ...
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John Malone Sells More Sirius in the Summer

Barron's - 12 Jul 2017 11:49
John Malone Sells More Sirius in the Summer He sold $3 million in the tracking stock, and invested $16 million in Latin American, Caribbean assets.
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Why Do Employees Quit Their Managers? Here's The Number 1 Reason in a Short Sentence Leadership sages Ken Blanchard, John Maxwell, Simon Sinek, and Jim Clifton agree on one thing: People leave managers because their needs aren't met.
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Rent-a-Center shares soar after rejecting takeover bid

New York Post - 12 Jul 2017 07:50
Rent-a-Center shares soar after rejecting takeover bid Rent-A-Center shares soared 8.9 percent to $12.09 on Tuesday after it was revealed that the rent-to-own chain had rejected a $15 a share takeover bid from a Florida private equity firm. The Plano, Texas, retailer called ...
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Royal Bank of Scotland said Wednesday it has reached a $5.5 billion settlement in the United States over the mis-selling of mortgage-backed securities before the financial crisis -- a key …
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The 3-Step Method That Solves a Company Crisis--And Airplane Turbulence Learn to handle business turbulence like a top CEO with the A-C-E method.
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Nvidia's secret weapon just led to an upgrade from Wall Street (NVDA) Glassdoor Nvidia has been on an upward tear all year, and Wall Street is just now figuring out why. The company is well known by PC gamers for its graphics processing units, and Nvidia has gained a recent foothold in the...
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The electric car maker that would rival Tesla is running out of time Faraday Future's FF 91 is a 1,000 horsepower electric beast -- but can it ever be built?        
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FanDuel CEO 'evaluating options' on DraftKings merger

New York Post - 12 Jul 2017 16:33
FanDuel CEO 'evaluating options' on DraftKings merger FanDuel’s CEO said he is considering whether to scrap a proposed merger with rival DraftKings after federal regulators moved to challenge the deal in court, according to a report. Fanduel CEO Nigel Eccles told Recode i...
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Visa looking to help small businesses go cashless Visa is looking to help small businesses go cashless
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Sprouts Ripe for Picking After Amazon/Whole Foods Sprouts may be the most attractive, high-growth retail assets today with scarcity value for a strategic buyer.
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Cryptocurrency boom turns into bust as skepticism rises Cryptocurrency sector has lost about a third of its market value since peaking in early June, pushing it into what traditional equity market analysts label as a bear market
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U.S. Cities, States and Businesses Pledge to Measure Emissions The coalition, led by Gov. Jerry Brown of California and Michael Bloomberg, a former mayor of New York, said it will work with experts to try to meet the targets of the Paris climate deal.
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Applitools raises $8 million for its quality assurance computer vision Software testing company Applitools has raised $8 million for its technology that uses computer vision to recognize changes to websites or mobile apps like typos, missing icons, or other content. Developers using Applito...
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Sebi may let AIFs, QIBs buy security receipts

livemint.com - 12 Jul 2017 23:39
Sebi may let AIFs, QIBs buy security receipts Sebi is working with RBI to sort out issues around the budget proposal to make security receipts tradable on stock exchanges to increase capital flows and solve bad loan issues
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Nex Machina is both overwhelming and watchable. It is a dual-stick shooter that is reminiscent of Robotron or Smash TV, but it updates that formula by swarming your monitor with particle effects, vivid colors, and destru...
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DoorDash was built using AI to speed up food deliveries The next time you hear someone prattling on about life’s simple pleasures, remind them of one of life’s more complicated ones: eating delicious food in your home. For those of us who aren’t natural chefs — and ev...
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