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Business News

Location American Business News for 10 December 2018
Elon Musk Says He Wants to 'Be Clear' That He Does Not Respect the SEC The Tesla CEO opened up about his tumultuous year
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Global stocks extended their slump on Monday, with U.S. equity futures and Asian shares sliding on worries over slowing growth and fears that a fresh flare-up in tensions between Washington and Beijing could quash chance...
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Asian equities were down at least 1% on Monday as data showed China exports weakened ahead of U.S.-China trade talks and following last week's stock-market retreat in the U.S.
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'The wrong investors can lead to meltdown' Choose investors carefully as "the wrong ones can lead to meltdown", says CEO Nikolay Piriankov.
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How Much Could the 1MDB Scandal Cost Goldman Sachs?

The New York Times - 10 Dec 2018 02:01
How Much Could the 1MDB Scandal Cost Goldman Sachs? A huge fraud at a Malaysian investment fund has weighed on Goldman's stock. How are prosecutors approaching the case -- and how can the firm defend itself?
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Andrew Slavonic, a World War II Air Forceveteran from Pennsylvania, who just turned 101 years old, credits drinking Coors Light for his long life.        
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Brexit anxiety sends pound to 18-month low The pound falls to the lowest level against the dollar since June 2017 amid uncertainty over Brexit.
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Stocks slip on China-US tensions, Brexit uncertainty Major global stock indexes are mostly lower Monday morning following steep losses the week before
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Twitter's Jack Dorsey criticized for praising Myanmar

New York Post - 10 Dec 2018 17:01
Twitter's Jack Dorsey criticized for praising Myanmar SINGAPORE -- Twitter CEO Jack Dorsey has come under fire for tweets about his meditation retreat in Myanmar and encouraging people to visit the country without mentioning what the United Nations has described as "ethnic ...
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Chip supplier Qualcomm Inc on Monday said it had won a preliminary order from a Chinese court banning the importation and sale of several Apple Inc iPhone models in china due to patent violations.
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Markets Right Now: US stocks wobble in early trading Stocks are wobbling between small gains and losses in the early going on Wall Street as trading settles down following huge losses last week.
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Urjit Patel: India's central bank governor resigns Urjit Patel left his post amid a reported rift between the Reserve Bank of India and the government.
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Ferrero SpA is interested in buying Campbell Soup Co's international business, which includes biscuit brand Arnott's, two sources close to the matter said on Monday.
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Indigenous and youth groups disrupted a U.S. government event at the U.N. climate talks Monday, criticizing the Trump administration's policy of backing the extraction of fossil fuels, the burning of …
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Panera Bread giving away free bagels through the rest of the year Freebies are a top reason to join rewards program. This month, those freebies come as free bagels at Panera Bread.        
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Nissan and its former chairman indicted in Japan

USA Today - 10 Dec 2018 16:02
Nissan and its former chairman indicted in Japan Carlos Ghosn reportedly understated his earnings by more than $44 million over a five-year period ending in 2015. Video provided by Newsy        
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I had trouble monotasking, so I tried “spacewalking” Focusing on a single task isn’t always so simple. I’ve always prided myself on my ability to multitask. Read Full Story
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China summoned the U.S. ambassador to Beijing to protest Canada's detention of a senior executive of Chinese electronics giant Huawei at Washington's behest, demanding the U.S. cancel the order for …
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Japan: Economy shrank at 2.5 percent annualized rate

Miami Herald - 10 Dec 2018 05:19
Japan's economy shrank at an annualized rate of 2.5 percent in July-September, a worse contraction than preliminary data indicated last month. The earlier data put the contraction at 1.2 percent, …
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The Latest on the White House chief of staff (all times local): 10 p.m. As President Donald Trump ponders picking a new chief of staff, more names are emerging as …
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Drugmaker Gilead Sciences Inc will name Roche Holding AG executive Daniel O'Day as its new chief executive officer, according to a source familiar with the matter.
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Tokyo prosecutors are due to indict ousted Nissan Motor Chairman Carlos Ghosn as well as the automaker itself on Monday, sources said, intensifying scrutiny of CEO Hiroto Saikawa's role in the financial misconduct scanda...
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