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T-Mobile, Sprint near agreement on new merger terms: WSJ
Thu, 20 Feb 2020 16:38:15 -0500
T- Mobile US and Sprint Corp are nearing an agreement on new merger terms and the final deal could be…
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Tesla gets court approval to clear forest for German Gigafactory
Thu, 20 Feb 2020 16:36:44 -0500
Tesla Inc got approval from a German court on Thursday to continue to cut down forest near the capital Berlin…
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Wall St. eases, led by tech decline on mounting fears coronavirus could spread
Thu, 20 Feb 2020 16:34:27 -0500
U.S. stocks fell on Thursday, led by declines in technology heavyweights, after reports of new coronavirus cases in China and…
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L Brands sells majority stake in Victoria's Secret, CEO Wexner to step down
Thu, 20 Feb 2020 16:33:30 -0500
L Brands Inc said on Thursday it will sell a controlling stake in its Victoria's Secret unit to investment firm…
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Dropbox beats quarterly revenue estimates on strong subscriber growth
Thu, 20 Feb 2020 16:19:33 -0500
Dropbox Inc on Thursday reported quarterly revenue that beat Wall Street estimates, as the file hosting company signed on more…
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Dollar slams yen and safe-haven status, gold gains
Thu, 20 Feb 2020 15:46:13 -0500
The rally in U.S. equities took a pause and the strong dollar got stronger on Thursday, rising to a three-year…
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Exclusive: Sears snags new financial lifeline as losses continue - sources
Thu, 20 Feb 2020 15:32:54 -0500
U.S. department store operator Sears has reached a deal for a fresh financial lifeline totaling roughly $100 million from hedge…
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Oil prices rise as U.S. crude stocks build less than expected
Thu, 20 Feb 2020 15:13:27 -0500
Oil prices were up slightly on Thursday after the U.S. government reported a much smaller-than-anticipated rise in crude stocks, but…
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Morgan Stanley's Gorman charts ambitious course with $13 bln E*Trade deal
Thu, 20 Feb 2020 14:55:50 -0500
Morgan Stanley said on Thursday it would buy discount brokerage E*Trade Financial Corp in a stock deal worth about $13…
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Morgan Stanley's E*Trade deal to test Washington's regulatory mood in election year
Thu, 20 Feb 2020 14:55:50 -0500
Morgan Stanley's takeover of brokerage E*Trade Financial Corp  reflects a more relaxed regulatory mood in Washington, but it is still a…
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What secrets? Apple embroiled in row over book by German former executive
Thu, 20 Feb 2020 14:53:07 -0500
Apple has become embroiled in a publishing row in Germany after it tried to halt sales of a book written…
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EU privacy body warns of privacy risks in Google, Fitbit deal
Thu, 20 Feb 2020 14:52:38 -0500
Alphabet Inc-owned Google's $2.1 billion bid for fitness trackers company Fitbit could pose privacy risks, the European Data Protection Board…
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Exclusive: Westinghouse set to sign pact with Indian firm for nuclear reactors during Trump visit
Thu, 20 Feb 2020 14:51:50 -0500
U.S. energy firm Westinghouse is expected to sign a new agreement with state-run Nuclear Power Corporation of India for the…
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Exclusive: Canadian regulator considers changes to new drug pricing plan
Thu, 20 Feb 2020 13:46:39 -0500
Canada's drug pricing agency is contemplating significant changes to how it will apply new regulations aimed at lowering costs, Reuters…
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Uber returns to Colombia less than a month after exit
Thu, 20 Feb 2020 13:04:47 -0500
Uber Technologies Inc resumed transporting passengers in Colombia on Thursday with a new service model that allows users to rent…
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Exclusive: France's Engie eyes U.S. energy services firm Ameresco - sources
Thu, 20 Feb 2020 12:56:53 -0500
French power utility Engie SA has approached Ameresco Inc, a U.S. provider of energy efficiency solutions and developer of renewable…
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Unicredit boss Mustier emerges as contender for HSBC CEO role: Bloomberg
Thu, 20 Feb 2020 12:26:08 -0500
Unicredit Spa Chief Executive Officer Jean-Pierre Mustier has emerged as one of the main external candidates for the top job…
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U.S. labor market remains strong; manufacturing likely stabilizing
Thu, 20 Feb 2020 11:39:58 -0500
The number of Americans filing for unemployment benefits rose modestly last week, suggesting sustained labor market strength that could help…
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Thyssenkrupp nears full sale of $17 billion elevator division: sources
Thu, 20 Feb 2020 11:16:14 -0500
Thyssenkrupp is nearing a full sale of its elevator division, three people familiar with the matter said, adding that this…
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UBS's tech-savvy new boss Hamers not always loved by the Dutch
Thu, 20 Feb 2020 10:53:44 -0500
Ralph Hamers made his mark as a tech-savvy chief executive who led Dutch bank ING back to profitability after cementing…