Finance
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589Alibaba is reaping the rewards of skyrocketing online sales in China (BABA)
Thomson Reuters Shares of Alibaba are up more than 3% Thursday thanks to strong sales data from the Chinese government. E-commerce is...
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8 trips Steve Mnuchin took on military planes in 2017 cost taxpayers more than $1 million
Treasury Secretary Steve Mnuchin.Yuri Gripas/Reuters Treasury Secretary Steve Mnuchin’s air travel has come under scrutiny. A government watchdog group obtained records detailing...
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The key reason why Amazon Prime won’t steal customers from Costco (COST)
Customers love shopping at Amazon because of its quick shipping, according to UBS. Getty/Scott Olson The rapid growth of Amazon Prime was...
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Toys R Us fans are lamenting the death of the store — take a look back at what it was like in its heyday
A Toys R Us store in 1996. AP Photo/Daniel Hulshizer Toys R Us is preparing to sell or close all of its...
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Ford just revealed new details about a big change it’s making to its business (F)
A player to be named later. Ford Ford unveiled its new-product strategy. It emphasized SUVs, hybrids, and battery electric vehicles. Some new...
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This fantastic chart shows how Spotify’s clever product strategy turned it into a $19 billion music powerhouse that’s about to IPO
CEO Daniel Ek grew Spotify from a scrappy startup to an IPO-ready company in 12 years. Andrew Burton / Getty Images As...
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Rihanna responds to Snapchat’s ad making light of Chris Brown’s brutal attack on her: ‘Shame on you’ (SNAP)
Chris J Ratcliffe/Getty Images Rihanna has weighed in on the Snapchat ad that referenced her violent 2009 assault at the hands of...
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You can figure out if Wall Street’s biggest worry is for real by asking your boss one simple question
The Office US/YouTube Wall Street’s nascent fears of inflation may be overstated given this week’s subdued data on consumer prices and averagely...
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Toys R Us is closing all its US stores — and blowout clearance sales could begin within weeks
Clearance sales at Toys R Us stores could begin within weeks as the company liquidates its US stores. AP Toys R Us...
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One of the world’s biggest oil companies changed its name with a bizarre video featuring gymnasts, an acne-covered teen, and a woman giving birth
YouTube/Statoil Statoil, Norway’s government-owned oil company, has changed its name to Equinor. It announced the news with a bizarre video that features...