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MoviePass Just Made It Harder—Again—to See Movies
MoviePass has changed its terms yet again, making it even tougher for subscribers to see films. …read more […]
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Turkey will emerge stronger from lira crisis despite row with U.S.: minister
Finance Minister Berat Albayrak assured international investors on Thursday that Turkey would emerge stronger from its currency crisis, insisting its banks were healthy and signaling it could ride out a dispute with the United States.
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EARNINGS: Nvidia's earnings call will be critical after China's gaming ban
Yahoo Finance’s Jared Blikre joins Sean Smith from the floor of the New York Stock Exchange to discuss the latest market moves. …read more […]
Business News
Air France KLM names Air Canada executive Smith as CEO
The board of Air France-KLM named Air Canada executive Benjamin Smith as its new chief executive on Thursday, opting for an outsider to try and steer the group through a fraught stand-off with unions at its French carrier.
Business News
Lanxess CEO not a candidate for Thyssenkrupp CEO job: source
Lanxess Chief Executive Matthias Zachert is not available to become CEO of Thyssenkrupp , a source familiar with the matter said, ending speculation that he could replace interim CEO Guido Kerkhoff.
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White House counsel asked FCC chair about Sinclair Tribune merger status
White House counsel Don McGahn called the head of Federal Communications Commission in July to ask about the status of Sinclair Broadcast Group Inc’s now abandoned $3.9 billion acquisition of Tribune Media Co .
Business News
Exclusive: U.S. seed sellers push for limits on Monsanto, BASF weed killer
America’s two biggest independent seed sellers, Beck’s Hybrids and Stine Seed, told Reuters they are pushing U.S. environmental regulators to bar farmers from spraying dicamba weed killer during upcoming summers in a potential blow to Bayer AG’s Monsanto Co.
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‘No one did it better’ – Reaction to Aretha Franklin’s death
Reaction to the death of soul icon Aretha Franklin, who died Thursday: “Through her compositions and unmatched musicianship, Aretha helped define the American experience. In her voice, we could feel … …read more […]
Business News
Trump pushes U.S. lawsuit against drug companies over opioids
U.S. President Donald Trump on Thursday again pressed U.S. Attorney General Jeff Sessions to sue drug companies over the nation’s ongoing opioids crisis.
Business News
Stocks, emerging market currencies up on U.S.-China trade talk plan
U.S. stocks and emerging market currencies rebounded on Thursday after China said it will hold trade talks with the United States later in August and Turkey’s lira continued its recovery run.
Business News
Wall Street gains on Walmart and Cisco earnings, trade optimism
U.S. stock indexes rose about 1 percent on Thursday, helped by upbeat earnings from Walmart and Cisco and easing trade worries after the United States and China said they would hold talks later this month.
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Vitalik Buterin, the multi-millionaire founder of Ethereum, says that Google tried to hire him on an intern's salary
Ethereum co-founder Vitalik Buterin tweeted out a photo of what appeared to be a job offer from Google earlier this year. Many speculated that Google was attempting to hire Buterin for a secret cryptocurrency project. In May, the founder of cryptocurrency project Etherum, Vitalik Buterin, asked on Twitter if he should quit ethereum to work for Google. …read more […]
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Walmart posts biggest U.S. sales rise in a decade, shares soar
Walmart Inc posted its best quarterly U.S. sales growth in a decade and upped full-year sales and profit outlooks on Thursday, sending shares surging as a jump in online and grocery purchases showed it can hold its own against Amazon.com Inc. The world’s largest retailer is known for its sprawling stores, a factor that could have worked against it as shoppers migrate online. Walmart has also overhauled its website and worked to use physical locations as distribution points for online orders of groceries and other goods, helping retain buyers who increasingly expect quick, cheap shipping. …read more […]
Business News
Walmart posts biggest U.S. sales rise in a decade, shares soar
Walmart Inc posted its best quarterly U.S. sales growth in a decade and upped full-year sales and profit outlooks on Thursday, sending shares surging as a jump in online and grocery purchases showed it can hold its own against Amazon.com Inc .
Business News
Citi settles SEC charges over bad controls, supervision
Citigroup agreed to pay $10.5 million to settle two separate complaints, one relating to bad loans made by its Mexican subsidiary, Banamex, between 2008 and 2014, U.S. regulators said on Thursday.