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MSNBC Business News
Trump Win Triggered Massive Donations to Civil Rights Groups
Fri, 02 Dec 2016 17:00:00 GMT
On #GivingTuesday alone, the ACLU received over $1.7m in online donations, a 965 percent increase over last year.
Competition Heating Up as Cuban Cigars Make Way to U.S.
Mon, 05 Dec 2016 06:11:00 GMT
Cuban tobacco has long been a forbidden fruit for many in the U.S., but after newly-improved relations with the U.S. they could be making a comeback.
China Chases Silicon Valley Talent With Trump Fears
Sun, 04 Dec 2016 15:02:00 GMT
Industry leaders in China see a chance to capitalize on President-elect Trump's threats to clamp down on immigration and poach top tech talent.
Sleigh It Ain't So: Domino's Abandons Delivery by Reindeer
Sun, 04 Dec 2016 00:30:31 GMT
Domino's Japan has stopped its reindeer training program for pizza delivery, saying it's too difficult to control the unwieldy beasts.
Wal-Mart to Settle Lawsuit Over Benefits for Same-Sex Spouses
Sat, 03 Dec 2016 16:28:00 GMT
Wal-Mart said it would pay $7.5M to settle a lawsuit claiming it discriminated against gay employees nationwide by denying health benefits to their spouses.
How Much Longer Can Tesla Hold on at the Top?
Sat, 03 Dec 2016 11:10:52 GMT
Tesla just got a new competitor. Early next year, Lucid Motors will build a $700 million factory set to produce a new line of electric vehicles.
Family Sounds Alarm on Drawstring Window Blinds
Sat, 03 Dec 2016 08:23:37 GMT
A 3-year-old was found hanging by a drawstring from blinds — a tragic accident that experts say happens more often that many realize.
End of the Line: Death of the Chrysler 200 Signals Massive Changes
Fri, 02 Dec 2016 21:20:00 GMT
Chrysler's assembly line ground to a halt Friday, marking the end of the Chrysler 200 sedan — and the start of a long layoff for 1,700 employees.
US Health Spending Grew Especially Fast Last Year
Fri, 02 Dec 2016 19:18:00 GMT
U.S. health spending always grows but it grew particularly quickly last year as more people got health insurance for the first time.
Here's How Much the '12 Days of Christmas' Gifts Would Cost
Fri, 02 Dec 2016 19:09:00 GMT
This year it'll cost a little more if you want to put everything from the "12 Days of Christmas" song under your tree.
Jobless Rate Hits Nine-Year Low; 178,000 Jobs Added
Fri, 02 Dec 2016 14:14:00 GMT
The U.S. economy added 178,000 jobs in November and the unemployment rate fell to the lowest rate in nine years, the Labor Department said on Friday.
To Move to White House, Trump May Have to Dump DC Hotel
Fri, 02 Dec 2016 12:21:00 GMT
Trump may have to give up one property on Pennsylvania Avenue if he wants to move into another down the street.
Workers Still Losing Jobs Ask Trump: What About Us?
Fri, 02 Dec 2016 09:44:00 GMT
As Trump touted a deal to save Carrier jobs, hundreds of other jobs will be lost when a plant owned by the same company moves to Mexico.
ExxonMobil Execs Among Trump's Secretary of State Options
Fri, 02 Dec 2016 07:27:23 GMT
Tom Steyer, founder and president of NextGen Climate, talks with Rachel Maddow.
Princess Cruises to Pay $40M Fine for 'Magic Pipe' Sea Waste
Thu, 01 Dec 2016 23:45:00 GMT
Princess Cruise Lines will pay a $40 million penalty after pleading guilty to seven federal charges in an illegal ocean pollution case, authorities said Thursday.
Grande Moves: Starbucks CEO Is Stepping Down
Thu, 01 Dec 2016 22:30:00 GMT
The head of Starbucks will soon pour his last cup.
What to Buy in December: Ugly Sweaters, Toys, and Cookies
Thu, 01 Dec 2016 19:19:00 GMT
Retailers are lining up some enticing deals, particularly around toys, gift cards, Christmas decorations, jewelry, and even electronics.
Trump Kicks Off Victory Lap by Touting Carrier Deal
Thu, 01 Dec 2016 17:52:00 GMT
President-elect Donald Trump will kick off his victory tour Thursday at an Indiana Carrier plant where he will tout a deal struck with company executives to keep nearly 1,000 jobs from moving to Mexico.
How Putin Helped Saudi Arabia and Iran Strike That OPEC Deal
Thu, 01 Dec 2016 17:32:00 GMT
Putin played a crucial role in helping OPEC rivals Iran and Saudi Arabia set aside differences to forge the first deal with Russia in 15 years.
Yes, You Really Can Stay on Track When Online Shopping
Thu, 01 Dec 2016 16:14:00 GMT
Your smart phone has the ability to track your spending patterns and cravings. But this same technology makes us a lot more vulnerable to spending.
MSNBC Business News
BBC Business News
Markets stabilise after Italian referendum
Mon, 05 Dec 2016 11:44:54 GMT
Financial markets rebound after initial falls following Italian Prime Minister Matteo Renzi's heavy defeat in Sunday's referendum.
'Dangerous wait' with fire-risk dryers
Mon, 05 Dec 2016 09:51:45 GMT
Households with fire-prone tumble dryers still face "unacceptable" delays for repairs, a consumer group says.
UK service sector growth 'continues to strengthen'
Mon, 05 Dec 2016 10:35:41 GMT
The UK's key service sector grew at its fastest pace since January last month, according to a closely watched survey.
RBS settles three claims over 2008 fund raising
Mon, 05 Dec 2016 09:37:20 GMT
Royal Bank of Scotland has reached a deal with three of five shareholder groups who allege they were misled over the bank's £12bn fund raising in 2008.
Number of UK agency workers 'to reach one million' by 2020
Mon, 05 Dec 2016 00:04:03 GMT
The number of agency workers is set to reach one million by 2020, the Resolution Foundation says.
'Act now' on Christmas debt worries
Mon, 05 Dec 2016 00:01:30 GMT
Debt concerns at Christmas can be alleviated by seeking advice before the bills come in, a charity suggests.
Trump attacks China in Twitter outburst
Mon, 05 Dec 2016 11:31:52 GMT
US President-elect Donald Trump tweets criticism of China's monetary and South China Sea policies.
HK tycoon makes $5.4bn offer for Australian energy firm
Mon, 05 Dec 2016 05:11:24 GMT
A unit of Li Ka-shing's conglomerate has made a $5.4bn takeover offer for Australian energy firm Duet Group.
Shenzhen-Hong Kong trading scheme kicks off
Mon, 05 Dec 2016 05:15:59 GMT
Cross-border share trading between Shenzhen and Hong Kong gets underway after a one-year delay.
FTSE 100 higher after Italy referendum
Mon, 05 Dec 2016 09:10:12 GMT
The London stock market rises in early trade, despite fears that the Italian referendum result could hit shares.
Iceland Foods hits back at Icelandic government over trademark
Sun, 04 Dec 2016 15:50:02 GMT
Supermarket Iceland says talks with the Icelandic government over a trademark dispute have failed.
Apple reveals self-driving car plans
Sun, 04 Dec 2016 09:53:08 GMT
Apple acknowledges plans to develop self-driving car tech for the first time in a letter to US transport regulators.
Venezuela issues new banknotes after inflation
Sun, 04 Dec 2016 17:37:33 GMT
Venezuela is issuing higher-value notes to help alleviate the problem of soaring inflation.
China's hi-tech bike hire startups
Sun, 04 Dec 2016 22:11:14 GMT
China's tech giants are backing sophisticated bike hire as a solution to the country's congested roads.
DNA testing at work: One company's unusual policy
Sat, 03 Dec 2016 00:46:58 GMT
BBC News visits a travel company using DNA testing to challenge its own workplace culture.
CEO Secrets: TripAdvisor co-founder shares his business tips
Sun, 04 Dec 2016 08:10:55 GMT
Langley Steinert, the co-founder of TripAdvisor, shares the business advice he has learned.
Link between Shenzhen and HK stock markets goes live
Mon, 05 Dec 2016 01:54:43 GMT
A link between the Shenzhen and Hong Kong stock exchanges starts up.
A lack of cash is forcing rural Indians to barter
Sun, 04 Dec 2016 23:34:18 GMT
Rural Indians are being forced to barter for groceries after the government withdrew larger banknotes.
Prepare for disappearing credit cards
Sun, 04 Dec 2016 00:49:48 GMT
The plastic credit card is being replaced by invisible payments, the boss of Barclaycard says.
Ghana's self-taught skincare entrepreneur
Sun, 04 Dec 2016 00:48:37 GMT
Israella Kafui-Mansu gives the BBC a guided tour of her organic beauty business.
BBC Business News
Yahoo Business News
Italy firms as investors bet against immediate snap election
Mon, 05 Dec 2016 05:11:22 -0500
Employee of a foreign exchange trading company works near monitors showing Italian Prime Minister Matteo Renzi on TV news, and the Japanese yen's exchange rate against the euro in TokyoLONDON (Reuters) - Italian shares rose on Monday as investors bet against an immediate snap election in Italy following Prime Minister Matteo Renzi's resignation after defeat in a constitutional reform referendum.

Oil tops $55 for first time in 16 months as OPEC deal fuels buying
Mon, 05 Dec 2016 04:54:04 -0500
Rigging equipment is pictured in a field outside of Sweetwater TexasBrent crude oil prices rose above $55 a barrel on Monday, trading at a fresh 16-month high, as optimism spread about the prospect of a tightening market after OPEC members agreed on a landmark deal to cut production last week. Brent crude oil futures , the global benchmark used to trade oil, soared to its highest since July 6, 2015 to $55.20 a barrel. WTI crude oil traded up 54 cents, or 1 percent, at $52.22 a barrel.

China upset as Obama bars Fujian buying Aixtron's U.S. business
Mon, 05 Dec 2016 04:40:11 -0500
The logo of Aixtron SE is pictured on the roof of the German chip equipment maker's headquarters in HerzogenrathBEIJING (Reuters) - China's Foreign Ministry expressed displeasure on Monday after President Barack Obama blocked a Chinese investment fund from acquiring the U.S. business of German semiconductor equipment maker Aixtron .

Trump advisors aim to privatize oil-rich Indian reservations
Mon, 05 Dec 2016 06:22:50 -0500
Members of an indigenous peoples support group called RAICES perform a blessing ceremony as protesters gather outside before Trump holds a rally with supporters in AlbuquerqueNative American reservations cover just 2 percent of the United States, but they may contain about a fifth of the nation’s oil and gas, along with vast coal reserves. Now, a group of advisors to President-elect Donald Trump on Native American issues wants to free those resources from what they call a suffocating federal bureaucracy that holds title to 56 million acres of tribal lands, two chairmen of the coalition told Reuters in exclusive interviews. The group proposes to put those lands into private ownership - a politically explosive idea that could upend more than century of policy designed to preserve Indian tribes on U.S.-owned reservations, which are governed by tribal leaders as sovereign nations.

Rescue of Italian bank Monte Paschi in danger after Renzi's defeat
Mon, 05 Dec 2016 07:01:36 -0500
A man makes a phone call near the entrance of the Monte dei Paschi bank headquarters in SienaA 5 billion euro ($5.33 billion) rescue plan for Italian bank Monte dei Paschi di Siena hung by a thread on Monday after Prime Minister Matteo Renzi's defeat in a referendum tipped the country into political turmoil. The world's oldest bank, saddled with 46 billion euros of bad loans, needs to raise the money by the end of the month to avoid being wound down, but Italy could now face early elections after Renzi said he would quit to take responsibility for the defeat of his constitutional referendum. Monte dei Paschi, rated the weakest lender in European stress tests this summer, had planned to secure a firm commitment from one or more anchor investors and launch a share sale as early as Wednesday or Thursday.

Coca-Cola opens new $100 million plant in Cambodia
Mon, 05 Dec 2016 04:08:37 -0500
A truck transports bottles from the Coca-Cola company on the outskirts of MoscowCoca-Cola Co opened a new $100 million facility in Cambodian capital Phnom Penh on Monday to expand its production capacity in the Southeast Asian nation. The plant, situated on a 12-hectare land in a special economic zone on the outskirts of the city, will employ 817 people and it will be powered by solar power, Prime Minister Hun Sen said at the inauguration ceremony. The investment is part of Coca-Cola's expansion, which began four years ago, said Irial Finan, executive vice president of Coca-Cola.

Italian instability is not start of euro zone crisis: Eurogroup head
Mon, 05 Dec 2016 05:46:24 -0500
Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem attends a euro zone finance ministers meeting in BrusselsPolitical instability in Italy makes life more difficult for Italy and the whole euro zone, but is not the start of new euro zone crisis, the chairman of euro zone finance ministers Jeroen Dijsselbloem said on Monday. Italian Prime Minister Matteo Renzi said he would resign after his government lost a constitutional referendum last Sunday, throwing the country, which has bad loan problems in its banking sector, into political turmoil. Political instability makes it more complicated for Italy and the euro zone.

RBS to pay investors $1 billion in bid to avoid fundraising trial
Mon, 05 Dec 2016 06:26:46 -0500
A flag flies above the head office of RBS in St Andrew Square in EdinburghBy Andrew MacAskill and Kirstin Ridley LONDON (Reuters) - Royal Bank of Scotland has agreed to pay 800 million pounds ($1 billion) over allegations it misled shareholders during a fundraising at the height of the financial crisis. The investors allege RBS failed to give them a proper picture of its finances during a 2008 fundraising. Monday's deal includes a settlement with Standard Life, Legal & General, Aviva and Prudential and the Universities Superannuation Scheme (USS), which together bought about 10 percent of the 2008 share issue.

OPEC says members investing heavily to ensure oil supply
Mon, 05 Dec 2016 04:59:06 -0500
A soldier patrols in front of the OPEC headquarters in ViennaOPEC members are investing heavily to ensure supplies can meet global oil demand, which is likely to continue to rise steadily, the group's secretary general told an energy conference on Monday. Mohammed Sanusi Barkindo, addressing delegates at India's flagship energy event, Petrotech, said Asia will have a big role to play in global demand growth. "Alone in India, oil demand is projected to rise to more than 10 million barrels per day (bpd) by 2040, from 4.1 million barrels per day now," said Barkindo.

European shares shrug off 4 percent drop for Italian banks
Mon, 05 Dec 2016 03:44:19 -0500
The German share prize index (DAX) board is seen at the trading room of Frankfurt's stock exchangeMILAN (Reuters) - A slump in Italian banking stocks, hit by worries that efforts to clean up bad debts would get derailed by the onset of political uncertainty, was offset by gains in European healthcare and mining stocks helping the regional benchmark to rise more than 1 percent on Monday.

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