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Understand fintech - Amazon's next possible frontier - with this report (AMZN)
This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.The arrival of the age of fintech is about to shake up the financial...
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Things are so bleak in the oil industry that an offshore-drilling company got...
If you want a perfect encapsulation of just how bad it is for the energy industry, we've got a story for you.Ocean Rig, an offshore oil-drilling company, just got an incredible "going out of business"...
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Audi just unleashed an insane TT sports car — that America can't have
For much of its 18-year existence, the Audi TT has been unfairly derided by many in the automotive world as more of a fashion accessory than sports car.On Monday, Audi unleashed a new, beastly TT RS...
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The Charter-Time Warner deal just got approved with a bunch of caveats (TWC,...
The US Justice Department and the FCC have approved Charter's proposed takeover of Time Warner Cable and Bright House Networks.An FCC order approved the $10.4 billion acquisition of Bright House....
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Tech's biggest companies are reporting earnings this week, and here are the...
Amazon, Apple, and Facebook — three of the horses that drive today's tech industry — are set to report quarterly financial reports this week.And a handful of other high-profile tech companies,...
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SunEdison yieldcos name Peter Blackmore interim CEO
(Reuters) - Bankrupt solar company SunEdison Inc's yieldcos, TerraForm Power Inc and TerraForm Global Inc , on Monday named Peter Blackmore as their interim chief executive, effective April 21.Brian...
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Fintech could be bigger than ATMs, PayPal, and Bitcoin combined
We’ve entered the most profound era of change for financial services companies since the 1970s brought us index mutual funds, discount brokers and ATMs.No firm is immune from the coming disruption and...
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Costco eyes expanding business with Pilgrim's Pride
By Nathan Layne(Reuters) - Costco Wholesale Corp plans to expand business with chicken supplier Pilgrim's Pride Corp even after building its own poultry processing plant in Nebraska, a senior executive...
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Asian stocks wary ahead of Fed, oil loses momentum
By Hideyuki SanoTOKYO (Reuters) - Asian stocks were on the defensive on Tuesday after oil prices eased and as investors braced for central bank policy meetings in the United States and Japan later this...
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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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Oil futures rise on weaker dollar, new cash inflows
By Henning GloysteinSINGAPORE (Reuters) - Crude oil futures rose early on Tuesday, pushed up by a weaker dollar and a flood of new cash into the market, but analysts warned that fundamentals remain...
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DuPont sales fall 5.5 percent in first-quarter
(Reuters) - Chemicals and seed producer DuPont reported a 5.5 percent fall in first-quarter sales, mainly due to the strong dollar.Net income attributable to the company rose to $ 1.23 billion, or...
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Saudi Arabia's plan to fix its oil 'addiction' doesn't go far enough
Saudi Arabia says it wants to minimize its dependence on oil.In an interview with Al Arabiya news, Deputy Crown Prince Mohammed bin Salman unveiled the Vision 2030 plan, which aims to curtail the...
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Visa call reveals payments industry headwinds (V)
This story was delivered to BI Intelligence "Payments Industry Insider" subscribers. To learn more and subscribe, please click here.Visa’s Q1 2016 earnings call, held last Thursday, provided key...
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PEER-TO-PEER LENDING MARKETS: The leading countries for alternative finance...
Since the financial crisis, borrowers have been eager to get lower interest rates and better access to credit, while lenders have searched for higher returns on their investments. Banks, saddled with...
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Alibaba weighs appeal against HK panel ruling that healthcare deal broke...
HONG KONG (Reuters) - Chinese e-commerce giant Alibaba Group Holding Ltd said it's considering whether to launch an appeal against a Hong Kong regulator's finding that it breached takeover rules by...
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Euro zone: more time needed for Greek reforms; Tsipras to seek EU summit
By Jan StrupczewskiBRUSSELS (Reuters) - Euro zone finance ministers will not meet on Thursday and need more time to discuss Greek reforms that would unlock new loans, signaling significant differences...
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You won’t recognize the new world of digital payments without this report
The modern smartphone is a remarkable device. A single device that fits in your pocket can do all the tasks that once required cameras, camcorders, GPS devices, watches, alarm clocks, calculators, and...
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China's economy is on steroids, and things could get messy when they run out
China's economy has been given a dose of steroids. Lending in the country has exploded: Chinese banks have extended more loans in the last three months than the entire US corporate-financing market...
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The most hated airline in America is racking up major profits (SAVE)
Spirit is once again the most hated airline in America according to the American Customer Satisfaction Index.The study, which takes into account roughly a dozen parameters including in-flight...
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