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Business News

Location American Business News for 2 October 2018
Spilkin's education in math and programming, uncommon in investment banking, has allowed her to bring a disruptive approach to problem-solving at Goldman Sachs.
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General Electic stock pops on news of CEO's exit

New York Post - 2 Oct 2018 05:22
General Electic stock pops on news of CEO's exit When General Electric Chief Executive John Flannery said this summer that "everything's on the table" to revitalize the company, little did he know his job would be on the list. That became clear on Monday as the board o...
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Papa John's founder admits to deals with women accusing him of sexual harassment For the first time, Papa John's founder John Schnatter admitted on Monday that he'd been party to confidentiality agreements with at least two women -- both of whom accused him of sexual harassment. The admission, which ...
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Major automakers on Tuesday posted a hefty drop in U.S. new vehicle sales for September, caused in part by a drop in sales in areas hit by Florence and a tough comparison to the previous September when consumers rushed t...
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Asian stocks fell on Tuesday as the lift from an agreement that saved the North American free trade deal faded, with cautious views on the global economy curbing risk sentiment.
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CNBC's Diana Olick reports that there is a rising risk of mortgage fraud.
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Grover Zampa eyes ₹130 crore from Quintela, AVT, others Grover Zampa will use the proceeds to launch new wines and redesign its wine tourism properties in Bengaluru and Nasik, even as it partners with other wineries to strengthen its portfolio
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Shannon McGahn will depart the House committee next week and will join the National Association of Realtors as senior vice president of government affairs.
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South African energy regulator NERSA on Tuesday gave power utility Eskom the go-head to recover 32.69 billion rand ($2.25 billion) of costs incurred over the past three years through higher tariffs over a four-year perio...
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Security companies spent years pushing schools to buy more products -- from "ballistic attack-resistant" doors to smoke cannons that spew haze from ceilings to confuse a shooter. But sales were …
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U.S. military officials complained Monday that a Chinese warship harassed a U.S. Navy vessel as it sailed through the South China Sea, adding to a growing roster of disputes between the two countries in a sudden escalati...
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Oil markets were firm on Tuesday, with Brent crude prices holding near four-year highs reached the previous day as markets adjust to the prospect of tighter supply once the U.S. sanctions against Iran kick in next month.
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How counterfeit goods affect the trade war with China The other day I was in Chinatown in lower Manhattan and a friend of mine wanted to buy one of those knockoff Louis Vuitton pocketbooks. You don't have to walk very far before someone offers to sell you pocketbooks or wat...
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OPINION: Here’s the kind of game Pathfinder: Kingmaker (Owlcat Games, PC) is. It opens with a fairly linear tutorial that lasts about an hour, introducing players to mechanics, characters, and the effects of choices. I...
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Startup lender Petal launches its subprime credit card

American Banker - 2 Oct 2018 17:18
The firm hopes to distinguish itself from other lenders by analyzing customer cash flow to determine the likelihood that borrowers will repay.
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Indra Nooyi is leaving PepsiCo on a high note

New York Post - 2 Oct 2018 17:06
Indra Nooyi is leaving PepsiCo on a high note PepsiCo boss Indra Nooyi is leaving the snacks-and-soda giant on a high note, with the company posting a stronger-than-expected quarterly profit on her last day on the job. Nooyi -- a trailblazer who is among the few wom...
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Tesla Inc. achieved all that it set out to do in the third quarter as far as sales and production are concerned, but shares are moving lower.
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Barcelona surpasses $1 billion in revenue

Miami Herald - 2 Oct 2018 16:53
According to Spanish soccer club Barcelona, it has become the first sports team in the world to surpass the $1 billion mark in revenue. The Spanish club, which presented its …
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Amazon said it would increase its minimum wage to $15 an hour on Nov. 1. Dave Clark, the retail giant's senior vice president for worldwide operations, joined CBSN to explain why the company decided to make the change.
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When Stephanie Cohen earned the chief strategy officer's job at Goldman Sachs in January, she was told she had a blank sheet of paper. Cohen responded by, among other things, launching an internal incubator for new busin...
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One economic stat Trump can't crow about

New York Post - 2 Oct 2018 04:47
One economic stat Trump can't crow about Today I'm going to continue to dig deeply into the government's economic data -- even if you are falling asleep. Wake up! (Sound of pan being banged.) You'll have to decide soon who you want to elect to Congress, and I'v...
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The Mooch wants to help laid-off Toys 'R' Us workers

New York Post - 2 Oct 2018 04:46
The Mooch wants to help laid-off Toys 'R' Us workers The Mooch wants to play Kris Kringle. Laid-off Toys 'R' Us workers who have been trying to get the bankrupt company to pay them severance have a friend in Anthony Scaramucci -- the short-lived White House communications ...
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