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Money & Finance

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  1. San Francisco Chronicle Swiss inaugurate $12 billion rail tunnel, world's longest San Francisco Chronicle ... - FILE - In this June 16, 2009 file photo minors watch the tunnel drilling machine "Gabi" breaking through the last section of the AlpTransit "New Railway Link through the Alps" (NRLA) tunnel between Erstfeld and Amsteg, Switzerland. The ... World's longest and deepest rail tunnel to open in SwitzerlandBBC News World's longest rail tunnel set for grand openingYahoo News Gotthard Base Tunnel: World's longest and deepest rail tunnel opens in SwitzerlandDaily News & Analysis Evenin
  2. USA TODAY UPDATE 1-New York regulator says Anbang pulls Fidelity acquisition application Reuters ... * Fidelity says Anbang working with regulator to secure nod. * Anbang will be able to resubmit application- NY regulator (Adds Fidelity statement, share price reaction). By Suzanne Barlyn. WASHINGTON, May 31 China's Anbang Insurance Group has ... Delay in Chinese Conglomerate's Deal for US InsurerNew York Times Anbang Withdraws Application for NY Approval of Insurance DealWall Street Journal FGL Falls After Anbang Withdraws N.Y. Request to Buy InsurerBloomberg USA TODAY -Financial Times -RTT
  3. Reuters Locked in low gear, Asia's factories slog against weak demand Reuters BEIJING/TOKYO Factory activity in Asia failed to speed up in May as the region's export-driven businesses struggled for new orders in a slow global economy, surveys released on Wednesday showed. Output in China, the world's second largest economy, ... Asia shares wobble as oil slip dampens sentiment, dollar stallsThe Fiscal Times Asia stocks sag as oil slip dampens sentiment, dollar stallsYahoo News FTSE LIVE: Footsie falls in tandem with weak US and Asian markets on easier oil prices after dull China factory data
  4. Los Angeles Times Faraday Future enters exclusive negotiations with Vallejo for factory Los Angeles Times Gardena electric car company Faraday Future is now one step closer to establishing a vehicle manufacturing plant in California. The Vallejo City Council voted unanimously Tuesday night to enter into a six-month exclusive negotiating agreement with FF ... Vallejo considers plan for electric car plant at ex-shipyardLexington Herald Leader Vallejo OKs plan to build electric car factory on Mare IslandABC10.com Tesla Rival Faraday Wants to Build Electric Cars in VallejoFortune Manufacturer.c
  5. ForexLive Japan's Shirai says the timing of BOJ's negative rates was poor ForexLive Ironic that after leaving she highlighted the need for BOJ to communicate its policy better. "Before taking any more action, it's important for the BOJ to make strong efforts to let the Japanese people know what they are doing. Without doing this, the ... and more » Google
  6. Bloomberg Abe Postpones Japan's Sales-Tax Hike Until Late in 2019 Bloomberg Japanese Prime Minister Shinzo Abe told lawmakers in Tokyo he would delay an increase in Japan's sales tax until 2019. The move may help support consumer spending but complicates the government's efforts to tame the world's largest debt burden. In his words: How Japan's Abe's comments on tax hike evolvedWashington Post Japan PM's move to delay sales tax rise will fan debt concernsYahoo News Japan's Abe Tells LDP He Will Delay Sales-Tax IncreaseWall Street Journal STLtoday.com -The Japan Times -Asahi Shimbun -Times o
  7. Charlotte Observer Customer satisfaction improves for cable, Internet providers Charlotte Observer In this Tuesday, May 17, 2016, photo, the Time Warner Cable logo appears above the post where it trades on the floor of the New York Stock Exchange. Richard Drew AP. i. In this Tuesday, May 17, 2016, photo, the Time Warner Cable logo appears above the ... This is the most hated company in AmericaMarketWatch Meet America's new most unloved industryCBS News Cable TV's Consumer Satisfaction Scores Improve But Remain Low: StudyDeadline Network World all 5 news articles » Google
  8. MarketWatch This is the most hated company in America MarketWatch The cable company Mediacom came in last in surveys by both the American Customer Satisfaction Index and Consumer Reports. By. CateyHill. Reporter. While Americans tend to dislike most cable companies, one company garners more of their dislike than ... and more » Google
  9. Business Insider Jeff Bezos: Amazon Echo is just the 'beginning of a golden era' Business Insider Amazon CEO Jeff Bezos thinks that we're at the "beginning of a golden era" when it comes to machine learning and artificial intelligence. "It's hard to overstate how much of an impact it's going to have over the next 20 years," he said on stage at Vox ... Amazon's Jeff Bezos: 'It's the first inning' of AIMashable Amazon founder: AI's impact is "gigantic"USA TODAY Amazon's Bezos: We're near a "golden age" in AICNBC The Verge -VentureBeat -Recode all 8 news articles » Google
  10. USA TODAY We're live blogging Tesla's shareholder meeting USA TODAY Tesla CEO Elon Musk is talking to shareholders, starting with a history of the company. Soon, shareholders will talk to Musk. Here's how it is going: 5:21 p.m. -- At the beginning, Musk and his fellow Tesla creators didn't know what they were doing ... Elon Musk Confessions: All the Stupid Things Tesla Has DoneFortune Elon Musk announces plan to revolutionize factoriesLos Angeles Times 24 Tesla Shareholder Meeting Highlights — My NotesCleanTechnica Motley Fool -The Verge -SFGate -Business Insider all 81 news articles » Go
  11. Yahoo Finance UK China's nonmanufacturing PMI dips slightly MarketWatch BEIJING--China's official nonmanufacturing purchasing managers' index, a gauge of activity outside factory floors, fell to 53.1 in May from 53.5 in April, the National Bureau of Statistics said Wednesday. A reading above 50 indicates an expansion ... China official May manufacturing PMI at 50.1; unchanged from April: ReutersCNBC China May official services PMI falls to 53.1Reuters Forex - Aussie up after CFLP PMI comes in a bit above expectationsInvesting.com Seeking Alpha -Reuters UK -Economic Calendar -Market Realist
  12. Bloomberg SoftBank Will Sell at Least $7.9 Billion of Alibaba Stake Bloomberg SoftBank Group Corp., the largest investor in Alibaba Group Holding Ltd., said it will sell at least $7.9 billion of its stake in the Chinese e-commerce giant to bolster its cash position and pay down debt. SoftBank has established a new trust with the ... SoftBank Plans To Sell $7.9 Billion Of Alibaba Stock In Deleveraging PushForbes SoftBank to Sell $7.9 Billion of Alibaba StockWall Street Journal Top Alibaba shareholder Softbank plans to sell $7.9 billion in stockReuters USA TODAY -StreetInsider.com -Quartz -Ne
  13. The Detroit News Higher home prices greet buyers at start of season The Detroit News Job growth, wage increases and low mortgage rates are pushing sales of homes, and prices in March rose 5.4 percent over 2015 prices. (Photo: Lenny Ignelzi / AP). U.S. home prices kept climbing in March as the spring home buying season began, but so far ... and more » Google
  14. Los Angeles Times Starbucks bets on nitrogen-infused cold brew coffee Los Angeles Times Starbucks Corp. is doubling down on the iced coffee and cold brew market. The Seattle-based chain said Tuesday that it will add nitro cold brew to its lineup in its stores in Los Angeles and six other cities this summer. It had previously served the ... and more » Google
  15. Bloomberg Under Armour Cuts Outlook as Sports Authority Demise Hurts Sales Bloomberg Under Armour Inc. cut its annual forecast after one of its largest customers, Sports Authority Inc., moved toward a disruptive liquidation of its stores. The Baltimore-based sports brand now expects revenue of $4.93 billion this year, down from an ... Under Armour Admits It Took a Hit From Sports Authority ClosingsTheStreet.com Under Armour Says Sports Authority's Bankruptcy Will Hurt SalesWall Street Journal Under Armour Lowers Outlook On Pressures From Sports Authority BankruptcyFootwear News Baltimore Bu
  16. StreetInsider.com Ex-Barclays director accused by U.S. of illegal tips to plumber StreetInsider.com Get access to the best calls on Wall Street with StreetInsider.com's Ratings Insider Elite. Get your Free Trial here. By Nate Raymond. NEW YORK (Reuters) - A former director at Barclays Plc was arrested on Tuesday on U.S. charges that he provided ... and more » Google
  17. New York Times SoftBank Plans Sale of Up to $7.9B of Alibaba (BABA) Shares as Part of Capital Raise Initiative StreetInsider.com Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here. (Updated - May 31, 2016 5:04 PM EDT). Softbank says it will sell at least $7.9 billion worth of Alibaba (NYSE: BABA) to raise capital ... SoftBank to Sell $7.9 Billion of Alibaba StockWall Street Journal SoftBank selling at least $7.9B in Alibaba shares to raise capitalCNBC SoftBank to Sell a Stake in AlibabaNew York Times Reuters -Business Wire (press r
  18. The Boston Globe Want to complain about your neighbor's Airbnb guests? Now you can. The Boston Globe If you have a neighbor whose Airbnb guests are getting out of hand, the company wants to hear from you. The popular short-term rental company introduced a new feature Tuesday that allows the neighbors of Airbnb hosts to file complaints with the company. Now you can complain about your neighbor's Airbnb to the company directlySFGate (blog) Airbnb Will Now Let You Complain About Noisy Rental NeighborsNBC Bay Area Airbnb allows neighbors to tattle on noisy guestsEngadget MarketWatch -VentureBea
  19. Bloomberg Staples CEO to Step Down Following Failed Office Depot Deal Bloomberg Staples Inc. Chief Executive Officer Ron Sargent will step down from the job next month, handing the reins to lieutenant Shira Goodman, after his strategy to acquire Office Depot Inc. was blocked earlier this month. Sargent and the board “mutually ... Staples Announces Management TransitionBusiness Wire (press release) UPDATE 1-Staples CEO to step down after Office Depot deal terminationReuters How Will Staples (SPLS) Stock React to CEO Sargent Stepping Down?TheStreet.com Wall Street Journal -Business Insider -A
  20. US stocks slip, S&P 500 trims third consecutive monthly gain Standard-Examiner U.S. stocks slipped, with the S&P 500 paring a third straight monthly gain, as stronger spending data buttressed the case for higher interest rates as early as this summer. Equities are laboring to press higher after an advance last week pushed the ... and more » Google
  21. WCVB Boston Venezuela is running out of everything: Bread, sugar, toilet paper... WCVB Boston NEW YORK (CNNMoney) —Venezuela is running out of just about everything. Food, medicine, electricity, toilet paper, condoms -- you name it. Big Latin American airline latest to halt flights to... Venezuela Flag. More signs of deep trouble in Venezuela ... Venezuela is running out of everything: Bread, sugar, toiletYourErie all 3 news articles » Google
  22. Venezuela is running out of everything: Bread, sugar, toilet paper... WCVB Boston NEW YORK (CNNMoney) —Venezuela is running out of just about everything. Food, medicine, electricity, toilet paper, condoms -- you name it. Big Latin American airline latest to halt flights to... Venezuela Flag. More signs of deep trouble in Venezuela ... and more » Google
  23. Boyd Gaming sells its 50 percent stake in Borgata to MGM U.S. News & World Report ATLANTIC CITY, N.J. (AP) — Boyd Gaming is selling its 50 percent stake in Atlantic City's top casino to MGM Resorts International, the company that owns the other half. Boyd made the announcement Tuesday afternoon. It will get $900 million, plus half ... and more » Google
  24. CBS News MGM Resorts Buys Borgata Stake From Boyd Gaming for $900 Million Bloomberg MGM Resorts International agreed to buy Boyd Gaming Corp.'s 50 percent stake in Atlantic City's Borgata hotel and casino for $900 million. As part of the deal, MGM Resorts will sell the entire property to MGM Growth Properties LLC, a real estate ... Boyd Gaming To Sell Its 50% Interest In BorgataPR Newswire (press release) MGM Resorts (MGM), MGM Growth Properties (MGP) Enter Agreement to Acquire Boyd's Borgata StakeStreetInsider.com Boyd Gaming sells its 50 percent stake in Borgata to MGMWashington Post KLAS
  25. Wall Street Journal Stocks Fall, But S&P 500, DJIA Have a Winning May Wall Street Journal The Dow industrials and S&P 500 fell Tuesday, but both indexes still ended the month higher. Investors' new expectations for the pace of U.S. interest-rate increases changed the complexion of the markets in May, with many pivoting from worries that ... S&P 500 Closes Little Changed to End May With Third Monthly GainBloomberg Stocks Climb Slightly in May Despite Fed FearsTheStreet.com Dow posts fourth winning month in a rowUSA TODAY International Business Times -Nasdaq -Reuters -MarketWatch
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