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Business News

Location American Business News for 16 September 2021
'The Morning Show': Season 1 Was Great, Season 2 Is Even Better Executive producer and director Mimi Leder says the scripts for season two of Apple TV+'s 'The Morning Show' had to be thrown out and rewritten when the pandemic hit.
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Adobe Inc Ranked Among Today's Top Buys As COVID-19 Concerns Continue To Circle The S&P 500 posted its best day in two weeks as it tries to stage a rally. Make the most of this market with today's Top Buys from Q.ai's artificial intelligence.
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More clarity needed on taxable interest on employee contribution to PF Those following a cash system could argue that interest is to be taxed only on withdrawal
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What's Next For Merck Stock After A 5% Fall In A Week? The stock price of ​Merck reached its all-time high of around $82 in Sep 2020. It has since hovered in the range of $70-80 for the better part of the last year, before a recent sell-off in pharmaceutical stocks resulte...
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Investment Firm Lexington Partners Explores Sale

Wall Street Journal - 16 Sep 2021 00:40
The buyout-fund investor is exploring a sale of its business, part of an increasingly popular niche of the red-hot private-equity industry, according to people familiar with the matter.
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Inox Wind looks to monetize O&M unit

livemint.com - 16 Sep 2021 20:01
Inox Wind looks to monetize O&M unit The company has already started talks with some private equity investors for a stake sale in the O&M business--Inox Wind Infrastructure Services Ltd
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CEO's Dad Gets a $3.6 Billion Stock Windfall at Carvana

Wall Street Journal - 16 Sep 2021 14:32
Ernie Garcia II has benefited from an ownership structure that confers benefits on him and his family and allows them to maintain control of the business--benefits that can come at the expense of other shareholders.
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Warner Bros. Games announced today that David Hewitt is the new studio head at Monolith Productions.
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The Democratic-run House Ways and Means Committee's proposals for a $3.5 trillion spending package include new tax credits for electric vehicles, as Washington continues to push for a shift away from gasoline-powered car...
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White House chief of staff tells Wall Street titans $3.5 trillion spending plan will 'cost zero' White House Chief of Staff Ron Klain on Wednesday claimed in front of an audience of Wall Street titans that the Democrats’ $3.5 trillion spending bonanza would “cost zero.” He said that’s because the proposal al...
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"If the justices have to defend themselves from being partisan, that's already a problem in and of itself," one expert told Insider.
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How to use TikTok's auto caption feature to enable captions on your own videos or hide captions from videos you're viewing TikTok's auto caption feature aims to make the video-sharing app more accessible to those who are deaf or hard of hearing.
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How 26 Million Pounds of American Fish Got Stuck In Canada

Wall Street Journal - 16 Sep 2021 20:30
How 26 Million Pounds of American Fish Got Stuck In Canada Frozen pollock flounders while the U.S. government and fish suppliers fight over a century-old maritime law; 'The clock is ticking'
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Lucky Brand Launches New Collaboration With Código 1530 Lucky Brand, premium denim manufacturer, and Código 1530, a fifth generation tequila maker launch a capsule collection of merchandise featuring vintage imagery and distressed graphics. Both brands, rich in history, and ...
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Four Freddie Mercury-Inspired NFT Artworks Headed For Auction Timed with the 75th birthday of the late Queen singer, the auction's proceeds will go to the Mercury Phoenix Trust in the fight against AIDS.
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Wall Street's newest millionaires are whistleblowers

Business Insider - 16 Sep 2021 17:15
Wall Street's newest millionaires are whistleblowers The SEC announced a $110 million award to a Wall Street whistleblower on Wednesday, bringing the agency's total whistleblowing payouts to $1 billion.
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France accused Biden of stabbing it in the back and behaving like Trump after he cut it from a $50 billion defense contract without notice Australia cut France out of a deal to build its submarines after it set up a new security partnership with the US and UK.
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Investor interest in secondhand retailers like The RealReal and ThredUp continues to rise as sales expand Secondhand goods, especially fashion and luxury items, have exploded in popularity. How have investors reacted to this growing trend?
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CEO's Dad Gets a $3.6 Billion Stock Windfall at Carvana

Wall Street Journal - 16 Sep 2021 15:57
CEO's Dad Gets a $3.6 Billion Stock Windfall at Carvana Ernie Garcia II has benefited from an ownership structure that confers benefits on him and his family and allows them to maintain control of the business--benefits that can come at the expense of other shareholders.
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Daily Cartoon: Thursday, September 16th

The New Yorker - 16 Sep 2021 15:44
Daily Cartoon: Thursday, September 16th "I'm maintaining a distance of six feet for conversational brevity."
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US stocks trade mixed as investors weigh impact of new economic data on Fed policy US stocks were mixed after retail sales unexpectedly soared in August and data showed more Americans filed for unemployment than anticipated last week.
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Americans kept spending amid the August Delta wave as retail sales unexpectedly rose to $619 billion Retail sales rose 0.7% in August, far outpacing the estimate of a 0.8% decline. The month saw the Delta wave intensify and mask-wearing rules' return.
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