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Category : Business (Archive for 2017-08-31) News by Google
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Los Angeles Times
Expedia chief Dara Khosrowshahi accepts job as Uber's new CEO
Los Angeles Times
Dara Khosrowshahi, the low-profile chief executive of travel booking company Expedia, on Tuesday accepted an offer to be Uber's next CEO. In an email sent to Uber employees two days after offering him the job, the company's board of directors confirmed ...

CNNMoney
Fox News pulled off the air in Britain
CNNMoney
The network's parent company, 21st Century Fox, has announced that the controversial news channel will no longer be broadcast in the U.K. after failing to attract an audience. The network has also become a lightning rod for critics seeking to spoil the ...

CNNMoney
Gulf refineries brace for another hit
CNNMoney
Oil refineries are still hunkering down along the Gulf Coast as Tropical Storm Harvey, which came ashore in Texas over the weekend as a Category 4 hurricane, keeps on pelting the region with rain and catastrophic flooding. Motiva's massive oil refinery ...

U.S. News & World Report
Hyundai Resumes Production in China After Supply Disruption
U.S. News & World Report
Hyundai Motor Co. resumes production at factories in China following a shutdown that stemmed from a dispute between Beijing and Seoul over a U.S. missile defense system. Aug. 30, 2017, at 2:58 a.m.. Hyundai Resumes Production in China After Supply ...

Los Angeles Times
Uber says it'll stop tracking riders after they're dropped off
Los Angeles Times
Uber will end a controversial policy of tracking some riders for five minutes after their trip ends, the ride-hailing company said Tuesday as it tries to repair its privacy reputation. Uber was criticized by users and privacy advocates when it ...

Washington Post
Federal flood insurance program in limbo on Capitol Hill as Harvey's toll mounts
Washington Post
The devastation Hurricane Harvey has wrought in southeastern Texas has brought new focus to the National Flood Insurance Program — and to a pending Republican effort to restructure and partially privatize an industry that has been effectively ...

NDTV
87 Reasons We Love Warren Buffett
Motley Fool
Wednesday, August 30, is Warren Buffett's 87th birthday. Each year, I celebrate the Babe Ruth of Investing's birthday by adding another reason we love our hero. 1. Intricate, occasionally contradictory complexity hides beneath the "Aw, shucks" folksy ...

KL Daily
United Tech Reportedly Nears Deal To Buy Rockwell Collins For More Than $20 Bln
Nasdaq
(RTTNews.com) - United Technologies Corp. (UTX) is nearing a deal to buy Rockwell Collins Inc. ( COL ) for more than $20 billion, the wall street journal reported citing people familiar with the matter. The companies are discussing a per-share price ...
Oil Futures Ease Further in Asia as Harvey Continues to Weigh
Fox Business
Oil futures have modestly added to Tuesday's slight decline as investors seemingly ignored industry data which showed a fresh drop in U.S. crude inventories last week and a rise in gasoline. Continue Reading Below. --On the New York Mercantile Exchange ...

Forbes
Carl Icahn Unloads Unfinished Las Vegas Casino For $600 Million--More Than Four Times What He Paid
Forbes
The site of the Fontainebleau Las Vegas about a year after Icahn purchased it. (Photo by Ethan Miller/Getty Images). Seven years after his financial crisis-era bet, billionaire Carl Icahn has sold an unfinished Las Vegas casino for $600 million. New ...

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