Big Newspapers Are Booming: 'Washington Post' To Add 60 Newsroom Jobs
The Washington Post set records for traffic and digital advertising revenue in 2016. The Post moved to this new building on Washington's K Street in December 2015. Brendan Smialowski/AFP/Getty Images hide caption toggle caption Brendan Smialowski/AFP/Getty Images The Washington Post set records for traffic and digital advertising revenue in ..>> view originalGlobal shares mixed after Nasdaq hits record high
A man uses a mobile phone in front of an electronic stock indicator of a securities firm in Tokyo, Wednesday, Dec. 28, 2016. Shares meandered in quiet trading in Asia on Wednesday after the Dow Jones industrial average inched closer to 20,000 and the ...>> view originalUS cyber fraud: Three men accused of $4m insider deal
Image copyright PA Image caption The trio are alleged to have used information they obtained through hacking to make money out of forthcoming mergers Three Chinese citizens accused of hacking into computers of American law firms advising on company mergers have been charged with multi-million dollar cyber fraud in New York.Prosecutors said the trio made more than $4m by using information they obtained through hacking into some of the top law firms.The..>> view originalVietnam sees 2016 growth at 6.2 pct, aided by building boom
A shoeshine man walks past a Prada fashion store in downtown Hanoi, Vietnam, Wednesday, Dec. 28, 2016. Vietnam's economy is forecast to grow 6.2 percent in 2016, helped by a manufacturing and building boom. The General Statistics Office said ...>> view originalItaly Announces Inevitable Bank Bailout
After Monte Dei Paschi di Siena (MPS) failed to raise enough money for a private recapitalization, the Italian government finally pulled the trigger on an inevitable bailout. Early Friday morning following a cabinet meeting, caretaker Prime Minister Paolo Gentiloni announced an emergency decree to rescue the troubled bank. As part of the plan, the government will provide protection to 40,000 retail investors who own around 40%, or 2 billion euros worth, of MPS bonds. MPS shares tumbled nearly 1..>> view originalBrexiteers Go Over Heads of Government to Push EU-U.K Trade Deal
Supporters of Britain’s exit from the European Union wrote to business groups in the 27 other nations in the bloc urging them to push their governments for a “sensible agreement” for trade after Brexit to avoid disrupting trade. The most important business stories of the day. Get Bloomberg's daily newsletter. Politics The latest political news, analysis, charts, and dispatches from Washington. ..>> view originalGlobal Stocks Advance While Crude Extends Rally: Markets Wrap
Global Stocks Advance While Crude Extends Rally: Markets Wrap by and December 27, 2016, 6:27 PM EST December 28, 2016, 3:50 AM EST Global equities climbed in thin trading, while oil headed for the longest winning streak in almost seven years. The yen weakened for a second day. The most important market news of the day. Get our markets daily newsletter. ..>> view originalWritedown fears wipe $5 billion off Toshiba's value as it weighs options
Pedestrians walk past a logo of Toshiba Corp outside an electronics retailer in Tokyo Thomson Reuters By Makiko Yamazaki TOKYO (Reuters) - A looming writedown at Japanese conglomerate Toshiba Corp has wiped almost $5 billion off its value in two days and prompted a credit rating downgrade on Wednesday, as the company grapples to plug a potential multi-billion dollar hole. Toshiba said late on Tuesday that cost overruns at a U.S. nuclear business it bought from Chica..>> view originalQualcomm Faces $853 Million Fine From South Korea Over Alleged Antitrust Violations
SEOUL—A South Korean regulator said it would fine Qualcomm Inc. about $853 million for alleged antitrust violations, the highest such penalty handed to an individual company here, as the U.S. chip maker faces global scrutiny over its patent-licensing business. After a three-year investigation, the Korea Fair Trade Commission said on Wednesday that Qualcomm breached antitrust law by limiting competing chip makers’ access to its patents. The company also forced mobile-phone manufacturers into unf..>> view originalAbbott gets US antitrust approval to buy St. Jude Medical
By Diane Bartz | WASHINGTON WASHINGTON Healthcare company Abbott Laboratories (ABT.N) has won U.S. antitrust approval for its proposed $25 billion acquisition of medical device maker St. Jude Medical Inc (STJ.N), the U.S. Federal Trade Commission said on Tuesday.Abbott agreed to divest two medical devices used in cardiovascular procedures to resolve FTC concerns the acquisition would stifle competition, the commission said in a statement."We continue to work to obtain final regulatory approv..>> view original
Sunday, January 8, 2017
Big Newspapers Are Booming: 'Washington Post' To Add 60 Newsroom Jobs and other top stories.
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