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Top 100 Stories to Know for 24 Aug 2019 - Global

How I Went From Buddy to BossI remember the day clearly. Lee Clow asked me into his office, and we sat down on his two big leather chairs facing each other. "We're going to make you the ecd of the office," he said. "I'm tired of... dealing with everybody's crap." Lee was the spiritual leader and creative force of the agency....
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Precision-scheduled railroading, the industrywide system to boost efficiency pioneered by the late Hunter Harrison, led to widespread improvements in recent years. But the momentum from that shift is... now fading.
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Pot Industry Underestimates Old-School Dealers

Wall Street Journal - 19 Aug 2019 13:34
Traditional drug dealers are still formidable competitors in states where cannabis is legal. Governments planning for huge tax windfalls and investors expecting rapid market-share gains have to adjust... to a slower burn.
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Beyond Meat Investors Will Choke on Their Optimism

Wall Street Journal - 23 Aug 2019 16:02
Investors in the maker of pea-based burgers will almost certainly be disappointed, due to absurd growth expectations that ignore the realities of an economic downturn.
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"Open Gesture of an I," by D. A. Powell

The New Yorker - 19 Aug 2019 11:00
Poetry by D. A. Powell: "Your life is not your own and / never was."
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Uber trying to put brakes onA single mother from Florida is gearing up for battle with ride-hailing behemoth Uber over an app she is building. Carolina Vengoechea, 45, tells The Post that Uber has demanded she give up the name... of her beauty salon app, called "BeauBer." But she has refused, arguing that the name is the combination of her...
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Stocks to watch: M&M, DHFL,Here's a look at some of the counters that are likely to trade actively in today's trading session.
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Jeffrey Epstein had all theJeffrey Epstein managed to creep his way into some of the highest places in the world on the back of a meticulously made-up mosaic of phony accolades.
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General Electric stock bouncesLight bulb maker General Electric bounced back from fraud allegations Friday after CEO Larry Culp bought stock and Wall Street analysts stood up for the company. Culp, who took over the troubled... conglomerate last year, bought nearly $2 million worth of GE stock, or 252,200 shares, for $7.93 a share, he said in a regulatory...
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As the price of investing hurtles to zero, some traditional financial advisers are taking new side gigs in a bid to justify their fees
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Goodman results heading towards $1b earnings club

Sydney Morning Herald - 23 Aug 2019 05:23
Industrial giant Goodman Group has reported an operating profit of $942 million, up 11.4 per cent.
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Top law firm Weil GotshalTwo powerful Wall Street investment bankers could be on the hook for millions of dollars in back taxes and penalties after one of the world's most prestigious law firms botched their pay packages --... and then left them in the dark about the error for years, The Post has learned. The two bankers -- Michael...
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Manufacturing slowdown, FedWall Street's recent efforts to rally following last week's recession scare was thwarted Thursday by a bevy of bad news, including the first signs of a manufacturing slowdown in 10 years. Stocks... started the day off strong on growing signs of a confident US consumer -- thanks to stellar earnings reports from Dick's Sporting Goods...
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Deutsche Bank has agreed to pay more than $16 million to settle charges that it violated U.S. corruption laws by hiring relatives of foreign government officials in order to win or retain business,... the U.S. markets regulator said on Thursday.
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Jeffrey Epstein Donations toIn an initial tally, the school says it accepted approximately $800,000 from the disgraced financier over a 20-year period.
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Overstock CEO resigns afterOverstock CEO Patrick Byrne has resigned days after previous letter speaking of the "deep state'' and helping investigations of Trump, Clinton       
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Google pulled 210 YouTube channels from its platform, saying that they appeared to be part of a coordinated disinformation campaign in response to pro-democracy protests in Hong Kong.
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How to revive India's economy?Agarwal said Amazon works with some 500,000 sellers, and has created over 200,000 jobs in India since launching its ecommerce operations in 2013
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Fed Chair Jerome Powell hasOn Friday, Federal Reserve Chairman Jerome "Jay" Powell will have the chance to prove he has guts. For months, President Trump has been bullying the guy he picked to run the Fed, insisting that the... nation needs lower interest rates while, at the same time, saying the US economy is doing just fine. Well, the...
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The U.S. Agriculture Department said on Wednesday it had pulled all staff from an annual crop tour after an employee was threatened, and three sources said the threat of violence was made during a... phone call from an angry farmer.
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NYC eateries don't want to letLast month, the city's Health Department forced 15 eateries to destroy food and drinks infused with cannabidiol, or CBD, which doesn't get you high but is said to relieve pain and anxiety.
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Qantas lifts dividend despiteThe airline's underlying pre-tax profit was hit by a $614 million increase in fuel costs from higher oil prices.
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U.S. Job Growth Weaker ThroughThe Labor Department lowered its estimate of total U.S. employment in March by 501,000, or 0.3%, as part of an annual report that uses state unemployment records to give a more precise snapshot of the... job market.
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Victoria's Secret Sales Fall 7%

Wall Street Journal - 22 Aug 2019 01:00
Victoria's Secret Sales FallL Brands Inc.'s revenue fell in its latest quarter as sales at the retailer's embattled flagship Victoria's Secret chain declined further.
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The U.S. Securities and Exchange Commission on Wednesday proposed new guidance that aims to clarify how investors and advisory firms that vote on their behalf should cast their votes in corporate... elections on issues like pay and diversity.
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