Author: Bloomberg News

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The Chancellor said the EU and Britain must remain close allies, citing global challenges including nationalism and competition by China... [Read More]
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Martin Vytrhlik carefully scans packages of meat and cartons of milk with his smart phone. It responds, but not with information about nutrition, price or... [Read More]
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China has offered to go on a six-year buying spree to ramp up imports from the U.S., in a move that would reconfigure the relationship... [Read More]
Tags: Sources - offers - path
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and their accountants - can rest a bit easier: the IRS has given them the long-anticipated final word on how they can claim one of... [Read More]
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The U.S. General Services Administration ignored a constitutional ban on extra government benefits to the president when it allowed Donald Trump to continue leasing federal... [Read More]
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BlackRock Inc. Chief Executive Officer Larry Fink told global chief executives that they need to take a larger role in social and political issues rather... [Read More]
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Eddie Lampert's winning bid to salvage Sears Holdings Corp. values the retailer at $5.2 billion while dropping demands that the billionaire be shielded from lawsuits... [Read More]
Tags: Sears - Lampert - bid
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Children's clothing retailer Gymboree Group Inc. filed for bankruptcy on Wednesday, less than a year and a half after emerging from an earlier Chapter 11... [Read More]
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Many Chinese carmakers have announced plans to start exporting to the U.S. but none of them has managed to crack the lucrative retail market. Kandi... [Read More]
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Saudi Arabia said it will start building the first residential area in a proposed $500 billion futuristic city that's become a symbol of Crown Prince... [Read More]
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Investors betting on China's stocks rarely react to the nation's economic releases, even to the key ones such as the gross domestic product. [Read More]
Tags: Investors - China - UBS
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American homeownership has been on the decline, and Federal Reserve researchers point to the high cost of college as one culprit. Just 36 percent of... [Read More]
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Sentiment among U.S. homebuilders rose for the first time in three months amid a decline in borrowing costs, a sign that housing may stabilize in... [Read More]
Eddie Lampert has won a bankruptcy auction for Sears with a plan that will keep the retailer in business and seek to save tens of... [Read More]
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Canadian Bankers Association pushing Canada to get rid of outdated paper-based processes and move to a 'federated model' of digital IDs... [Read More]
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The Trump administration has ordered thousands of furloughed federal employees back to work without pay to inspect planes, issue tax refunds, monitor food safety and... [Read More]
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Airport security screeners could quit en masse, grounding flights. The federal courts could stop hearing civil cases. City buses could stop running. [Read More]
Tags: Airport - month - youll
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In a former warehouse on a dimly lit street in the South Bronx, developers sipping Puerto Rican moonshine listened as a local official urged them... [Read More]
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A global economic slowdown, the trade war and skittish markets are forcing policymakers to express fresh caution about tightening... [Read More]
Tags: Rate - central - banks
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Al-Shabaab, an affiliate of al-Qaida based in neighboring Somalia, claimed responsibility on Radio Andalus, a broadcaster that supports its insurgency. If confirmed, it would be... [Read More]
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