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Caterpillar pulled off a nifty trick to add 20% to its already sad earnings
Caterpillar, the gigantic construction and manufacturing equipment firm, posted terrible earnings for the first quarter of 2016.That should surprise no one given the global slowdown manufacturing. The...
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Apple Pay and Samsung Pay launch in a new market (AAPL)
This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here.Apple Pay and Samsung Pay have entered a new market.Apple Pay, the tech...
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Fiat Chrysler recalls 1.1 million cars, SUVs for rollaway issue
WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV said on Friday it is recalling more than 1.1 million cars and SUVs worldwide because the vehicles may roll away after drivers exit.The automaker said...
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One-percenters are signing up for this luxury travel service that helps them...
If you travel regularly — whether that's for work or for play — getting the best-quality hotel and flight for the best possible price is probably a priority for you. That's the idea behind Marchay, a...
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STOCKS GO NOWHERE: Here's what you need to know (DIA, SPX, SPY, QQQ, TLT,...
Stocks went nowhere on Friday, capping what was a busy week for corporate earnings but a quiet week for the economy. First, the scoreboard:Dow: 18,003.75, +21.23, (0.12%)S&P 500: 2,091.58, +0.10,...
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EDF delays Hinkley Point decision to consult works council: sources
By Geert De ClercqPARIS (Reuters) - French utility EDF has delayed the final investment decision for its Hinkley Point nuclear project in Britain until after its May 12 shareholders' meeting to allow...
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EDF secures state-backed finance deal ahead of Hinkley Point decision
By Geert De ClercqPARIS (Reuters) - French utility EDF has secured a new government-backed multibillion-euro financing package ahead of making the final investment decision on its Hinkley Point nuclear...
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Halliburton says it cut 6,000 jobs in first quarter, delays earnings call
(Reuters) - Halliburton Co said on Friday that it reduced headcount by more than 6,000 during the first quarter due to the prolonged slump in oil prices.The oilfield services provider said revenue...
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China ban on Apple services is a challenge for key growth area
By Julia Love(Reuters) - The blocking of Apple mobile entertainment services in China poses fresh challenges for the tech company as it prepares to report its first-ever drop in iPhone sales.The news...
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Bankruptcy judge puts off decision on SunEdison independent examiner
By Jessica DiNapoliNEW YORK (Reuters) - A U.S. bankruptcy judge on Friday put off making a decision on SunEdison Inc's request for an independent examiner at the company's first day in court.The U.S....
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Valeant gets additional notices of default from bondholders
(Reuters) - Canadian drugmaker Valeant Pharmaceuticals International Inc said it received additional notices of default from its bondholders as a result of a delay in filing its annual report.Valeant...
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More than 10 companies want to buy Yahoo, with some willing to pay $8 billion...
Yahoo has received more than 10 bids for its core internet business, with some of the higher ones coming in at the $8 billion range, Bloomberg's Alex Sherman reported on Friday.The report said that...
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Most fraud victims are too ashamed to tell the police
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors.Most fraud victims are too ashamed to go to the authorities (FA Magazine)Just...
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THE PAYMENTS INDUSTRY EXPLAINED: The Trends Creating New Winners And Losers...
The way we pay is changing dramatically. For example, people are beginning to use their smartphones for every kind of formal and informal transaction — to shop at stores, buy songs online, and even...
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Fast data continues small business outreach
This story was delivered to BI Intelligence "E-Commerce Industry Insider" subscribers. To learn more and subscribe, please click here.First Data announced the launch of Clover Online Store, a tool...
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Upside limited for 2016 even as earnings bottom
By Rodrigo CamposNEW YORK (Reuters) - Even with a spate of high-profile earnings disappointments in recent days from the likes of Caterpillar, Microsoft and Google's parent company, the profit...
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They helped get Obama in the White House and now run a weed dispensary — meet...
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Here's how the first movie about what it's like to be a woman on Wall Street...
The financial world has been explored on the big screen from Gordon Gekko's greed in "Wall Street" to the housing market bust in "The Big Short," but a movie has never looked at this cutthroat world...
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SOROS: China looks 'eerily' like the US before the crash
Legendary investor George Soros said that China's financial system right now "eerily resembles what happened during the financial crisis in the US in 2007-08," Bloomberg reported."Most of money that...
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China is tightening its grip on the world's commodities markets
China is tightening its grip on global commodities markets.It is already one of the largest import and export economies in the world, which means that it has a lot of influence over the price of raw...
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