CNNMoney Pensions may be cut to 'virtually nothing' for 407000 peopleCNNMoneyOne of the biggest private pension funds in the country is almost out of money, and fresh out of options. The Central States Pension Fund has no new plan to avoid insolvency, fund director Thomas Nyhan said this wee [...]
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Wall Street Journal Citi's Results Add to Banks' Upbeat ViewsWall Street JournalThe country's biggest Main Street banks this past week gave encouraging reports about the state of the U.S. economy. The problem is that most of those banks also call Wall Street home. Citigroup Inc. C -0.13 [...]
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Reuters IMF cuts global growth outlook again, warns of political risksReutersWASHINGTON The International Monetary Fund warned on Tuesday of the risk of political isolationism, notably Britain's possible exit from the European Union, and growing economic inequality as it cut its global growth fo [...]
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Bloomberg Pending Sales of U.S. Existing Homes Unexpectedly DecreaseBloombergContracts to purchase previously owned U.S. homes unexpectedly fell in November, confirming earlier figures that showed the industry lost momentum toward the end of the year. The index of pending home sales dropped 0.9 perc [...]
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TIME Martin Shkreli's Replacement at Turing Pharma Has a Questionable PastTIMEWhen Martin Shkreli stepped down as CEO of Turing Pharmaceuticals last week—following his arrest for securities fraud—the controversial company named chairman Ron Tilles as interim CEO. Not terribly surprising, eve [...]
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Irish Independent Top Gear trio's move to Amazon was 'very,very expensive but worth it'Irish IndependentAMAZON founder Jeff Bezos has admitted it was "very, very, very expensive" to bring Jeremy Clarkson and his Top Gear co-stars to his digitial television service. Ads by Googl [...]
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Wall Street Journal Berkshire Hathaway to Buy Precision Castparts for $ 32 Billion Wall Street Journal Warren Buffett’s Berkshire Hathaway Inc. BRK.A -0.09 % on Monday said it agreed to buy Precision Castparts Corp. PCP 0.04 % for about $ 32 billion in cash in what would be the conglomerate [...]
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New York Times Berkshire Hathaway to Buy Precision Castparts for $ 37.2 Billion New York Times Berkshire Hathaway said on Monday that it had agreed to acquire the metal parts manufacturer Precision Castparts for $ 37.2 billion, including debt, in one of the largest takeovers ever undertaken by the b [...]
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USA TODAY Motley Fool: Netflix's stock split may be bad newsUSA TODAYStocks are lower Wednesday but shares of Netflix (NFLX) are bucking the trend. Netflix soared to a new all-time high in early trading before falling back later in the trading as the streaming video provider announced a seven-fo [...]
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Kirk Hargreaves/Fairfax NZ FINISHING TOUCHES: Arkadiy Trashkov finishes doors at the Isaac Theatre Royal before its official re-opening. Several months back my mother was having her carport repaired. The building company doing the repairs hired two fellas in their autumn years to do the back-breakin [...]
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