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Category : Business (Archive for 2016-07-31) News by Google
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New York Times
Clinton's Portrayal of Trump as Dictator Aims at the Left and Right
New York Times
“Our founders fought a revolution and wrote a Constitution so America would never be a nation where one person had all the power,” Hillary Clinton said on the final night of the Democratic National Convention in Philadelphia. Credit Eric Thayer for The ...

New York Times
AIG Offers Brexit Coverage in UK for Anxious Executives
Insurance Journal
American International Group is coming out with new Brexit coverage in the UK for anxious executives, barely weeks after the fateful British vote to pull out of the European Union. AIG division AIG UK will handle the product launch, which amounts to an ...

Business Insider
AB InBev sees strong sales for main brands like Corona
Business Insider
FILE - This combination of Associated Press undated file photos shows Budweiser beer in the aisles of Elite Beverages in Indianapolis, and Constellation Brands Corona beers displayed at a liquor store in Palo Alto, Calif. Anheuser-Busch InBev has ...

CNNMoney
Amazon, Facebook race past Buffett's Berkshire
CNNMoney
For the first time ever, Facebook (FB, Tech30) and Amazon (AMZN, Tech30) are now each worth more than Buffett's Berkshire Hathaway (BRKB). Amazon's market value has soared to $360 billion, surpassing Berkshire as the fifth-biggest U.S. company.

Reuters
Deutsche Bank scrapes through European banks stress test
Reuters
FRANKFURT Deutsche Bank (DBKGn.DE) showed a weaker reading in the European Union's banking stress test than most of its peers, indicating that the lender still has far to go in a revamp it launched last year. In a theoretical economic and financial ...

Bloomberg
Pound Set to Extend Decline as Investors Anticipate BOE Rate Cut
Bloomberg
The pound looks set to extend its decline next week, when traders and economists predict the Bank of England will cut interest rates for the first time in more than seven years. Start your day with what's moving markets. Get our markets daily newsletter.

TechCrunch
Big data integrator Talend pops 54% in Nasdaq debut, raising $94.5M
TechCrunch
French-American big data startup Talend made its debut as a public company today with a pop. After pricing its shares at $18 last night (above the expected range of $15-$17), the company began trading on Nasdaq under the ticker TLND at $27.66, up 54 ...

Bloomberg
Oil Giants Find There's Nowhere to Hide From Doomsday Market
Bloomberg
Exxon Mobil Corp. and Royal Dutch Shell Plc this week reported their lowest quarterly profits since 1999 and 2005, respectively. Chevron Corp.'s third straight loss marked the longest slump in 27 years, and BP Plc lodged its lowest refining margins in ...

Bloomberg
NextEra Loses One Outsider Fight, Picks an $18 Billion One
Bloomberg
Just two weeks ago, Florida-based NextEra Energy Inc. lost its fight to buy Hawaii's biggest power supplier for $2.6 billion. The state rejected the deal over fears that an outsider wouldn't have its best interests in mind. It didn't keep NextEra down ...

Bloomberg
U.S. Economy Grew Less-Than-Forecast 1.2% in Second Quarter
Bloomberg
The U.S. economy expanded less than forecast in the second quarter after a weaker start to the year than previously estimated as companies slimmed down inventories and remained wary of investing amid shaky global demand. Gross domestic product rose ...

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