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Netflix sinking deeper into debt to fuel subscriber growth
SAN FRANCISCO — Netflix is sinking deeper into debt in its relentless pursuit of more viewers, leaving the company little margin for error as it tries to build the world’s biggest video subscription...
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Trump indicates Fed search down to 5 finalists
WASHINGTON — President Donald Trump said Tuesday that he is likely to make his selection for the next Federal Reserve chairman from five candidates, a group that includes current Chair Janet Yellen. “I...
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Xi urges stronger Chinese stand against ‘grim’ challenges
BEIJING — Chinese President Xi Jinping on Wednesday urged a reinvigorated Communist Party to take a stronger role in society and economic development to better address the nation’s “grim” challenges as...
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Workers at iPhone supplier in China protest unpaid bonuses
SHANGHAI — Hundreds of workers streamed through dark streets, blocking an entrance to an Apple iPhone supplier’s factory in eastern China to protest unpaid bonuses and factory reassignments, two...
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End of an era as Hong Kong stock trading floor set to close
Hong Kong’s last remaining stock market floor traders are taking their final orders as the exchange prepares to shut its trading hall. The bourse’s operator, Hong Kong Exchanges & Clearing, says it...
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Well-known Moscow journalist stabbed by attacker; in coma
MOSCOW — A well-known journalist for Russia’s top independent radio station was stabbed in the throat Monday by an attacker who burst into her studio — the latest in a string of attacks on journalists...
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Giorgio Armani outlines succession plan to keep house intact
MILAN — Giorgio Armani has outlined a succession plan aimed at preventing his fashion empire from being split up, but the 83-year-old designer remained mum Monday on an eventual creative transition....
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Saudi Arabia plans to build US$500 billion futuristic city for innovators
RIYADH, Saudi Arabia — Saudi Arabia’s powerful crown prince on Tuesday announced plans to build a futuristic city run entirely on alternative sources of energy and said the ultraconservative kingdom...
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Fiat Chrysler asks for new trial after $40M Jeep fire award
ATHENS, Ga. — After a family was awarded $40 million in the death of a 4-year-old boy in a Jeep fire, Fiat Chrysler on Tuesday asked the Georgia Supreme Court for a new trial or for the award to be...
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Uber wants to build user loyalty with its own branded, no-fee credit card
NEW YORK — Uber already has a home on your phone. Now it wants a place in your purse or wallet. The ride-hailing giant on Wednesday unveiled a new no-fee, co-branded credit card with British bank...
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Kellogg redoing Corn Pops boxes after concern about art
BATTLE CREEK, Mich. — Kellogg is redoing its Corn Pops cereal boxes after a complaint that the art on the back is racially insensitive. The box shows cartoon Corn Pops hanging out in a retail mall....
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Greece finally growing, but taxes crushing new businesses
ATHENS, Greece — If Greek business needed a role model, Stathis Stasinopoulos would make an ideal candidate. An athlete, engineer, and entrepreneur, he invented an easy-folding bicycle design and began...
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US home prices rose in August even as sales slipped
WASHINGTON — U.S. home prices rose sharply in August from a year ago, a trend that is thwarting many would-be buyers and potentially slowing sales. The Standard & Poor’s CoreLogic Case-Shiller...
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Royal Jordanian turning a profit after ‘years of losses’
AMMAN, Jordan — Royal Jordanian turned a net profit in the first nine months of this year, after “many years of losses,” its new CEO said Tuesday, as he presented a multi-year plan to turn the national...
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Markets Right Now: Food, tech companies lead stocks higher
NEW YORK — The latest on developments in financial markets (All times local): 4:00 p.m. Stocks are closing higher as food and tech companies climb. Oreo cookie maker Mondelez jumped 5.7 per cent...
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Kushner partner all but kills plan for Fifth Ave skyscraper
NEW YORK — A grand plan once spearheaded by Jared Kushner to rescue the biggest deal in his career by razing a Fifth Avenue skyscraper and building luxury apartments in its place is all but dead, the...
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New Jersey sues OxyContin maker, claims it misled public
TRENTON, N.J. — New Jersey filed a lawsuit Tuesday against the company that manufactures OxyContin, claiming a “direct link” between the state’s opioid crisis and the firm’s deceptive marketing...
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The Latest: Trump encourages House GOP tax plan writers
WASHINGTON — The Latest on President Donald Trump’s tax overhaul (all times local): 9:30 p.m. President Donald Trump is offering words of encouragement to House Republicans as they struggle to come up...
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Gov’t won’t pursue talking car mandate
WASHINGTON — The Trump administration has quietly set aside plans to require new cars to be able to wirelessly talk to each other, auto industry officials said, jeopardizing one of the most promising...
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DIY holiday: Starbucks releases a colour-it-in-yourself cup
NEW YORK — It’ll be a (mostly) white Christmas cup for Starbucks this year. The coffee chain’s latest holiday design lets customers colour it in themselves. The cups — which are typically red-themed —...
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