Author Archives: Editor - Business News

Janus’s Bill Gross: ‘Helicopter money’ is coming in a year or so

Bill Gross speaks at the Morningstar Investment Conference in Chicago, Illinois, June 19, 2014. Reuters/Jim Young The next big monetary and fiscal policy move should include an airdrop of money from helicopters to stimulate the U.S. economy, says Bill Gross, … Continue reading

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Time Warner revenue boosted by Turner, HBO

A woman walks past the Time Warner Center near Columbus Circle in Manhattan, New York July 16, 2014. Reuters/Adrees Latif Time Warner Inc, the owner of CNN and Cartoon Network, reported a slightly higher-than-expected 2.5 percent rise in quarterly revenue … Continue reading

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Biotech stock swoon sparks buyout interest: investor

A person holds pharmaceutical tablets and capsules in this picture illustration taken in Ljubljana September 18, 2013. Reuters/Srdjan Zivulovic A brutal start to the year for biotech stocks could pave the way for more deal-making in the sector, with premiums … Continue reading

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Apple loses China trademark case for ‘iPhone’ on leather goods

An Apple logo is seen inside the Apple Store in Palo Alto, California November 13, 2015. Reuters/Stephen Lam Apple Inc has lost a battle for the use of the “iPhone” trademark on leather goods in China after a Beijing court … Continue reading

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Malaysia dissolves 1MDB advisory board; takes over its assets

A man walks past a 1 Malaysia Development Berhad (1MDB) billboard at the funds flagship Tun Razak Exchange development in Kuala Lumpur, March 1, 2015. Reuters/Olivia Harris Malaysia’s finance ministry said on Wednesday it would dissolve the board of advisers … Continue reading

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PIMCO says buying emerging markets; likes rouble, Mexican peso

The offices of Pacific Investment Management Co (PIMCO) (L) are shown in Newport Beach, California August 4, 2015. Reuters/Mike Blake Asset manager PIMCO said on Wednesday it was time to actively engage in emerging markets again and highlighted the Russian … Continue reading

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World stocks in retreat for second day on growth worries

Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, May 2, 2016. Reuters/Staff/Remote World stocks fell for the second straight day on Wednesday and metals prices declined, … Continue reading

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Exclusive: Target gets tough with vendors to speed up supply chain

Employees work at a Target store at St. Albert, Alberta, January 15, 2015. Reuters/Dan Riedlhuber Discount retailer Target Corp (TGT.N) is cracking down on suppliers as part of a multi-billion dollar overhaul to speed up its supply chain and better … Continue reading

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Aeropostale files for Chapter 11 bankruptcy protection

A customer enters an Aeropostale store in Broomfield, Colorado, United States May 14, 2015. Reuters/Rick Wilking Struggling teen apparel retailer Aeropostale Inc (AROP.PK) filed for Chapter 11 bankruptcy protection on Wednesday, succumbing to years of losses as shoppers thronged fast … Continue reading

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U.S. oil industry bankruptcy wave nears size of telecom bust

Dead sunflowers stand in a field near dormant oil drilling rigs which have been stacked in Dickinson, North Dakota January 21, 2016. Reuters/Andrew Cullen The rout in crude prices is snowballing into one of the biggest avalanches in the history … Continue reading

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