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- Bloomberg
Gulf Arabs Take Fitful Steps to End Qatar Rift as Iran Looms
(Bloomberg) -- Qatar isn’t currently in talks with the United Arab Emirates over mending a 30-month regional diplomatic and economic rift, Qatari Foreign Minister Mohammed bin Abdulrahman Al Thani said in a Bloomberg TV interview.Qatar has held discussions with Saudi Arabia, however, and the easing of
- Bloomberg
U.S. and China Reach ‘Phase-One’ Deal Easing Trade Tensions
(Bloomberg) -- The U.S. and China agreed to the first phase of a broader trade agreement that will see the U.S. reduce tariffs, and at least temporarily calm fears of an escalating trade war between the world’s two largest economies.The deal announced hinges on China increasing purchases of American
- The Canadian Press
California utility scrambles to renegotiate wildfire deal
SAN FRANCISCO — California Gov. Gavin Newsom's opposition to Pacific Gas & Electric's restructuring plan just a week after it struck a $13.5 billion settlement with fire victims is forcing the nation's largest utility to go back to the negotiating table and come up with a solution fairly
- Bloomberg
A Little Less Trade Uncertainty as 2019 Winds Down: Economy Week
(Bloomberg) -- The last full working week of the year brings a final snapshot of the global economy after the 2019 slowdown.From Europe’s flash Purchasing Managers Indexes to China industry and the all-important mood among U.S. consumers, it’s a chance to review the outlook for 2020. That’s looking a
- The Canadian Press
Cyberattack on New Orleans city computers called 'minimal'
NEW ORLEANS — Officials announced Saturday that no data was held for ransom and that a recovery operation is getting underway after a cyberattack a day earlier triggered a shutdown of city government computers in New Orleans.Chief Information Officer Kim LaGrue, speaking at a news conference with Mayor
- The Canadian Press
Under pressure, Hallmark pulls gay-themed wedding ads
NEW YORK — Under pressure from a conservative advocacy group, The Hallmark Channel has pulled ads for a wedding-planning website that featured two brides kissing at the altar.The family-friendly network, which is in the midst of its heavily watched holiday programming, removed the ads because the controversy
- The Canadian Press
Nicaragua nationalizes fuel firm 2 days after US sanctions
MANAGUA, Nicaragua — Nicaragua nationalized the fuel distribution company DNP on Saturday, two days after U.S. authorities sanctioned the firm for allegedly being used by President Daniel Ortega’s family for personal enrichment through non-competitive contracts with government institutions.The bill was
- The Canadian Press
Banker, New York City saviour Felix Rohatyn dies at 91
NEW YORK — Felix Rohatyn, the financier and government adviser who was credited with helping to save New York City from ruin during the 1970s as chairman of the agency that oversaw the city's finances, died Saturday. He was 91.Rohatyn's son Nicolas Rohatyn said his father died at his Manhattan
- Bloomberg
Argentina Raises Export Tax to Fund Spending Under Fernandez
(Bloomberg) -- Argentina, the world’s biggest seller of processed soybean meal and oil, raised export taxes on Saturday as the government seeks to fund spending under new President Alberto Fernandez.After the peso’s 37% slump this year, the new administration is replacing a levy of 4 pesos per dollar
- Bloomberg
Congress Mulls Reviving Tax Breaks Prized by ADM, Tesla, GM
(Bloomberg) -- U.S. lawmakers led by Senate Finance Committee Chairman Charles Grassley are negotiating a potential revival of expired tax breaks in last-minute negotiations over a government spending bill.The talks, which were held on Saturday, are focused on reinstating the so-called tax extenders,
- The Canadian Press
Lawyers for QuadrigaCX clients request exhumation of late founder's remains
HALIFAX — Lawyers for clients who lost millions in the bankruptcy of the QuadrigaCX cryptocurrency exchange have formally asked the RCMP to exhume the remains of the firm's founder.In a letter posted to its website Friday, Toronto-based law firm Miller Thomson LLP asks the RCMP's Commercial Crimes
- Bloomberg
Felix Rohatyn, Banker Who Helped Rescue New York, Dies at 91
(Bloomberg) -- Felix Rohatyn, a pioneer of Wall Street’s lucrative corporate-acquisition business who steered New York City from bankruptcy in the 1970s and remained an unelected guardian of its finances for almost two decades, has died. He was 91.Rohatyn’s death at his home in Manhattan on Saturday
- Yahoo Finance
As NBA struggles in China, Japan emerges as key international market
Japan has emerged as a key international focus for the NBA, with subscriptions for its live viewing platform in the country up 30%, according to Deputy Commissioner and Chief Operating Officer Mark Tatum.
- Bloomberg
Erik Prince Held Secret Talks in Caracas With Maduro’s No. 2
(Bloomberg) -- Erik Prince, a private security mogul with ties to the Trump administration, held secret talks in Caracas last month with Venezuela’s vice president after briefing at least one senior U.S. official on his plans, according to people familiar with the situation.Prince, a former U.S. Navy
- Bloomberg
Choking Haze Is Turning Sydney Into the World’s Laboratory
(Bloomberg) -- The choking haze blanketing Sydney is turning Australia’s biggest city into a veritable laboratory, offering the world better insight into the health effects of toxic air from wildfires.Doctors are warning of a wave of lung and heart-related deaths as smoke from wildfires burning across
- Bloomberg
Google Culture War Escalates as Era of Transparency Wanes
(Bloomberg) -- Each morning, workers at Google get an internal newsletter called the “Daily Insider.” Kent Walker, Google’s top lawyer, set off a firestorm when he argued in the Nov. 14 edition that the 21-year old company had outgrown its policy of allowing workers to access nearly any internal document
- The Canadian Press
Oil company sues former employee, Anchorage officer for $7M
ANCHORAGE, Alaska — An oil company in Alaska sued a former employee, an Anchorage police officer and others alleging they embezzled more than $7 million,ConocoPhillips lawyers filed the lawsuit in federal court Thursday against former senior drilling and wells planner Forrest Wright, his wife Amanda
- Bloomberg
Live Nation Facing U.S. Suit on Ticketmaster Deal Conditions
(Bloomberg) -- The U.S. Justice Department is readying a lawsuit against Live Nation Entertainment Inc. over alleged violations of conditions imposed on the company by regulators when it bought Ticketmaster nearly a decade ago, according to a person familiar with the matter.The department’s antitrust
Eni CEO Sees Oil Market Stabilizing on U.S.-China Trade Deal
(Bloomberg) -- The partial trade deal that the U.S. reached with China should help make the global oil market more stable, Eni SpA Chief Executive Officer Claudio Descalzi said in a Bloomberg Television interview.The price of crude will average $60 to $65 a barrel in 2020, due partly to the decision
- Yahoo Finance
Express Scripts launches new digital formulary aimed at lowering drug costs, increasing access
Express Scripts (CI) announced a new electronic heath formulary, potentially transforming the way digital health solutions will be paid for in the near future, with an eye toward lowering costs.
- Yahoo Finance
'Dumbgood' revives 'cross-generational' appeal with Blockbuster themed pop-up
Streetwear brand Dumbgood is capitalizing on the rise in pop culture's nostalgia for the 1990s.
- Yahoo Finance
When business journalists become the product
Talking Biz News, a site for business journalists, was quietly acquired by Qwoted, a freemium site that connects reporters to sources and PR firms and is owned by two PR firms.
- Yahoo Finance
Startup founder: Why retirement funding is 'completely different' from year's past
As preparing for retirement becomes an increasingly complicated picture for Americans, this startup is promising Baby Boomers a peace of mind while sorting out their financial future.
- Yahoo Finance
Golf star Stacy Lewis: Maternity leave needs to be written in contracts
LPGA star golfer Stacy Lewis explains why female athletes should push for contractually mandated maternity leave.
