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Saudi Arabia Is Said to Block Some German Business Over Rift
published Mar 15, 2018 3:18:12 PM, by Vivian Nereim, Dinesh Nair, Matthew Martin and Glen Carey (Bloomberg) — Saudi Arabia is cutting back on its dealings with some German companies amid a diplomatic spat with its top European trading partner, according to people with knowledge of the matter. Government agencies
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Wall Street to Get a Bundle of Savings If CME Buys Spencer’s NEX
published Mar 15, 2018 3:52:36 PM, by Matthew Leising (Bloomberg) — To understand why CME Group Inc. wants Michael Spencer’s NEX Group Plc — and why Wall Street should care — look no further than one of the world’s most important assets: U.S. Treasuries. NEX on Thursday confirmed a Bloomberg
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Billionaire Alan Howard Is Said to Make Cryptocurrency Bet
published Mar 14, 2018, 12:36:52 PM, by Alastair Marsh and Nishant Kumar (Bloomberg) — Hedge fund billionaire Alan Howard made sizable personal investments in cryptocurrencies last year and plans to put more of his own money into digital assets and the blockchain technology behind them, according to people with knowledge
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Trump’s Picks for State, CIA Hit Potential Senate Roadblocks
published Mar 14, 2018, 4:06:52 PM, by Laura Litvan (Bloomberg) — President Donald Trump’s picks for Secretary of State and CIA director are running into potential roadblocks among Republicans in the Senate, suggesting a difficult confirmation process at a time when the administration wants to quickly fill the positions. Senator
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Americans May Get Permanent Tax Cut in `Phase Two,’ Kudlow Says
published Mar 14, 2018, 4:29:57 PM, by Toluse Olorunnipa (Bloomberg) — Tax cuts for individuals should be made permanent under ‘phase two’ of an overhaul, according to Larry Kudlow, the incoming White House economic adviser. “Individuals deserve a permanent break,” Kudlow said on CNBC Wednesday following President Donald Trump’s comments
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Amazon Is Said to Have Mulled Buying Texture Before Apple Deal
published Mar 13, 2018, 3:17:08 PM, by Alex Barinka (Bloomberg) — Amazon.com Inc. expressed interest in buying Texture before Apple Inc. acquired the digital magazine service, according to a person familiar with the matter. Next Issue Media LLC, owner of Texture, hired investment bank Moelis & Co. in the past
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Devotional 3/14: The Men of Value Awards Dinner
A little while ago, we had our 3rd annual, Men of Value award dinner where we celebrate one of our interviewees. This year it was Jody Eldred. Jody has been been a cameraman for many years for people like Peter Jennings and other famous newscasters. He is known all around
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Stocks Decline as Trump Cabinet Turmoil Deepens: Markets Wrap
published Mar 13, 2018, 3:06:17 PM, by Sarah Ponczek (Bloomberg) — U.S. equities fell for the second straight day as markets took in Tuesday’s economic and political news. The 10-year Treasury yield fell while the dollar held steady. While an inflation report reinforced the sense that economic growth is picking
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Oil Pares Decline as Industry Data Show U.S. Fuel Inventory Drop
published Mar 13, 2018, 4:43:32 PM, by Milana Vinn (Bloomberg) — Oil reduced its decline after the industry report showed U.S. fuel stockpiles fell last week. Futures in New York narrowed their decline after the American Petroleum Institute was said to have reported distillate inventories sank 4.26 million barrels and
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Republicans Ending House Russia Probe Over Democrats’ Objections
published Mar 12, 2018, 7:28:44 PM, by Billy House (Bloomberg) — Republicans who control the House Intelligence Committee ended an investigation into the 2016 presidential election over intense objections from Democrat, saying they found no evidence of collusion between President Donald Trump’s campaign and Russian operatives. The committee’s GOP leaders