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Business News

Location American Business News for 25 January 2019
Oil prices rose by 1 percent on Friday as turmoil in Venezuela triggered concerns that its oil exports could soon be disrupted.
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Asics to turn used clothing into Japan's Olympic uniforms The global fashion industry is under increasing pressure to make clothing more sustainable.
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Smartphone shipments in India grew by 10 percent in 2018 at a time when other markets are slowing, according to Counterpoint Research.
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WASHINGTON (AP) -- The IRS’ workforce will return to full strength under the short-term deal to reopen the government struck...
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Nintendo released a video today explaining that development is restarting on Metroid Prime 4 for Switch.
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Louisiana's estimated share of the costs for federal levee work in the New Orleans area has ballooned to $3 billion because the U.S. Army Corps of Engineers is charging interest …
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It is only fitting that Connor McDavid, Auston Matthews and Nathan MacKinnon are serving as captains for this weekend's NHL All-Star game. The three high-scoring forwards are 23 or younger. …
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Facebook Confirms Plans to Integrate Messaging Services on Facebook, Instagram and WhatsApp Facebook chief executive Mark Zuckerberg has plans to connect the messaging services of Facebook, Instagram and WhatsApp, a massive technical undertaking that could also have security implications for users of the differ...
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Court papers say Girl Scouts can't show one customer was led astray.
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Big Impact Sometimes Requires 'Unreasonable' Goals Unreasonable Impact, a collaboration between Unreasonable Group and Barclays, is an accelerator for social enterprises with the potential to scale their solutions quickly. This article examines their approach.
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As states across the country move to restore voting rights to former felons, a spirited debate is underway over which,...
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Will pension superfunds take off?

MoneyWeek - 25 Jan 2019 10:47
Pension superfunds can save on costs, but may be prone to failure, says David Prosser. The post Will pension superfunds take off? was first published on MoneyWeek.
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CEOs of Six Top Banks to Testify Before Congress

Wall Street Journal - 25 Jan 2019 06:19
CEOs of Six Top Banks to Testify Before Congress The chief executives of the six largest U.S. banks are poised to testify together before House lawmakers in Congress this spring, according to people familiar with the matter, for the first time since shortly after the f...
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Elliott Management will likely wage proxy campaign to shake up Arconic So you want to protect your retirees' pensions? That could get you into trouble with the state of Delaware. Elliott Management -- reeling from the surprise rejection of a $10 billion takeover offer for aluminum giant Arc...
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$500 Million Pledge in Bay Area Supports Affordable Housing

The New York Times - 25 Jan 2019 04:24
$500 Million Pledge in Bay Area Supports Affordable Housing Mark Zuckerberg's charity is teaming up with groups like the Ford Foundation to spend half a billion dollars on housing around San Francisco.
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Former Toys 'R' Us execs planning potential comeback

New York Post - 25 Jan 2019 04:23
Former Toys 'R' Us execs planning potential comeback A bid to bring Toys 'R' Us back from the dead is stirring again. Former executives at the bankrupt toy chain -- which liquidated all of its US stores last year -- began actively reaching out to toy manufacturers this wee...
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Bitcoin Volatility Falls To Lowest Since Mid-November When will bitcoin markets break free of their current malaise?
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The Latest on President Donald Trump, Congress and the partial government shutdown (all times local): 5:55 p.m. House Speaker Nancy Pelosi is rejecting the idea of providing "some big down …
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MoviePass might be relaunching its unlimited plan next week If you enjoyed MoviePass subsidizing your film going before it limited you to 3 movies a month, then you may be in luck.        
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Turns of Phrase to Retire

The New Yorker - 25 Jan 2019 21:00
Bishakh Som humorously illustrates several turns of phrase that should not be used any longer.
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Don't worry -- your favorite apps aren't going anywhere
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Obo launched out of stealth this week with $8.2 million in funding, for a "product decision system" built with the move-fast mantra in mind.
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