Business News Newswire (Page 3)

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  1. For Saudis, Falling Oil Demand Is More Worrying Than GlutRead the original story

    6 hrs ago | The Washington Post

    The world's largest exporter has chosen not to cut production, counting instead on lower prices to stimulate consumption, said Mohammad Al Sabban, an adviser to Saudi Arabia's petroleum minister from 1988 to 2013. The Saudis are keeping an eye on investments in fuel efficiency and renewable energy, according to Francisco Blanch, Bank of America Corp.'s head of global commodity research.

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  2. VTB-Sberbank Outlooks Diverge on Bad Loan Bets: Russia OvernightRead the original story

    6 hrs ago | The Washington Post

    Russia's two biggest lenders are both state owned, stuck in a shrinking economy and faced with surging costs to fund themselves. What's different is that analysts forecast one will soar while the other is set to drop.

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  3. "Top 10 Scams" of 2014 released by BBBRead the original story

    6 hrs ago | Tyler Morning Telegraph

    The Better Business Bureau released its annual "Top 10 Scams" of 2014 and is offering tips for consumers to avoid becoming victims. Last year, the top scams having the greatest impact on victims involved new ways to cheat people out of money and steal personal identity information, or sometimes both, BBB representatives reported.

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  4. Hedge Funds Bet Oil Has Further to Fall as Glut Grows: EnergyRead the original story

    6 hrs ago | The Washington Post

    Money managers increased short positions in West Texas Intermediate crude to the highest level since September 2010 in the week ended Jan. 20, U.S. Commodity Futures Trading Commission data show. Net-long positions slipped for the first time in three weeks.

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  5. Donald Trump Rages At 'Meet The Press' After Being Mocked By...Read the original story w/Photo

    7 hrs ago | SFGate

    Donald Trump, who hosts the network's reality show "The Apprentice," blew up on Twitter after a remark "Meet The Press" moderator Chuck Todd made a crack on air Sunday morning. Todd was discussing Trump's Saturday speech at the Iowa Freedom Summit when he threw in a jab about the real estate mogul and reality star's history of flirting with White House bids.

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  6. Going Clear: Scientology and the Prison of Belief: Sundance ReviewRead the original story w/Photo

    7 hrs ago | Hollywood Reporter

    A rigorous, impassioned and timely expose of Scientology doesn't break new revelations really but does provide an exemplary overview of the most damning accusations against the organization Oscar-winning documentary director Alex Gibney takes on the Church of Scientology armed with research from Lawrence Wright's book of the same name Going Clear: Scientology and the Prison of Belief , director Alex Gibney' s documentary about the famously litigious, allegedly religious organization, arrived in Sundance trailing high expectations, wild speculation and a massive amount of anticipation.

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  7. 'Me and Earl and the Dying Girl': Sundance ReviewRead the original story w/Photo

    7 hrs ago | Hollywood Reporter

    A smart-ass charmer, merciless tearjerker and unironic celebration of teenage creativity, Alfonso Gomez-Rejon's Me and Earl and the Dying Girl got a standing ovation at its Eccles premiere today and deserved it. The tragicomic story of the friendship between a misfit teen, his pal Earl, and - uh, you get the idea - is an illness pic without the guilt-inducing mawkishness or carpe-diem platitudes.

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  8. Let The Comcast-Time Warner Cable Merger Go Through Deja vu all over againRead the original story w/Photo

    8 hrs ago | Forbes.com

    Right now I am a law professor with eclectic interests and three homes. My primary position is as the Laurence A. Tisch Professor of Law, at New York University School of Law.

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  9. Asian shares down on Syriza victoryRead the original story w/Photo

    8 hrs ago | BBC News

    Asian shares traded mostly lower on Monday after the anti-austerity Syriza party won the Greek elections, adding uncertainty to the markets. The win briefly sent the euro to an 11-year low of $1.1088 against the dollar in Asian trading.

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  10. Obama Limits on Arctic Drilling Opens New Fault Line in CongressRead the original story

    8 hrs ago | The Washington Post

    President Barack Obama's call to restrict oil exploration on 12 million acres of the Arctic National Wildlife Refuge probably won't have much practical impact for an area already off-limits to drillers, though it's created a new fault line with the Republican-led Congress. The White House on Sunday said it would ask Congress to designate "core areas" of the 19.8 million-acre refuge as wilderness, including its 1.5 million-acre coastal plain that geologists believe lies atop a rich oil reserve.

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  11. Axis to Merge With PartnerRe to Create $11 Billion ReinsurerRead the original story

    8 hrs ago | The Washington Post

    PartnerRe shareholders will own 51.6 percent of the new company after the "merger of equals," while Axis investors hold 48.4 percent, the firms said late Sunday in New York. The new company will be among the world's five largest reinsurers, with more than $10 billion in combined policy sales.

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  12. Ebola Spurs WHO Plan for Health Reserves After Early MisstepsRead the original story

    8 hrs ago | The Washington Post

    The World Health Organization's board agreed to create a special fund to respond to outbreaks such as Ebola and to set up a global emergency workforce after the agency acknowledged missteps in its response to the epidemic. The WHO's executive board agreed "in principle" at a meeting in Geneva Sunday to a contingency fund, and asked Director General Margaret Chan to develop by May options on its size and sources.

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  13. Where You Can Buy Gasoline for $0.002 a Gallon: Chart of the DayRead the original story

    8 hrs ago | The Washington Post

    It's been two decades since the government last lifted state-set local prices, the result of politicians' concern that the move could spark protests like those that swept across the oil-rich nation following an increase in 1989. In the interim, a string of currency devaluations has pushed down the cost in dollar terms to levels that would seem implausible to consumers in other parts of the world, even after the recent oil tumble cut prices at the pump.

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  14. Attention Fired Bankers in Hong Kong: Haitong Wants to Hire YouRead the original story

    8 hrs ago | The Washington Post

    It's not all doom and gloom for people who lost their jobs at financial firms in Hong Kong this year. Haitong International Securities Group Ltd., a unit of China's second-biggest brokerage by market value, is talking to workers in the city who were dismissed by global banks including Standard Chartered Plc.

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  15. Owners of Negative-Yielding Sovereign Bonds Say They?re No FoolsRead the original story

    8 hrs ago | The Washington Post

    Mike Amey never thought he'd buy bonds from countries like Germany and Switzerland when losses were all but guaranteed. Then again, these are hardly normal times in the bond market.

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  16. The Weekend Is Over And Crude Oil Is Getting Smoked Again (USO,...Read the original story w/Photo

    9 hrs ago | SFGate

    The weekend is over in New York and near 7:05 pm ET, the price of West Texas Intermediate crude oil was down another 2.5% to $44.45 a barrel. Additionally, US stock futures were selling off after a mixed week that saw the Nasdaq and S&P 500 gain ground while the Dow saw slight losses.

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  17. The Euro Is Getting Slammed After Syriza's Landslide Victory In...Read the original story w/Photo

    9 hrs ago | SFGate

    World markets are open again and in the wake of radical left wing party Syriza's landslide victory in Greece's parliamentary elections , the euro is getting slammed. Near 7:00 pm ET on Sunday night in New York, the euro was down to as low as 1.1112 against the US dollar, a new 11-year low for the currency which was slammed last week after the European Central Bank announced a new quantitative easing program .

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  18. This Is What It's Like To Drive The Tesla Model S And The New...Read the original story w/Photo

    9 hrs ago | SFGate

    This Is What It's Like To Drive The Tesla Model S And The New 'D' On The Same Day (TSLA)

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  19. Hedge Fund Manager Sends Investors An 'I'm Sorry' Letter For...Read the original story w/Photo

    9 hrs ago | SFGate

    Hedge fund manager Owen Li sent a letter to his investors apologizing for losing all but $200,000 of the fund's capital by acting "overzealously," CNBC's Lawrence Delevingne reports. Li, who previously worked at convicted insider trader Raj Rajaratnam's now-closed Galleon Group, is the founder of New York-based Canarsie Capital.

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  20. What Tsipras's Victory Means For Greece And The EURead the original story w/Photo

    9 hrs ago | Forbes.com

    I am Henry Kaufman Professor of Financial Institutions at Columbia University, adjunct fellow at the Manhattan Institute for Policy Research, and co-director of the Hoover Institution's Program on Regulation and the Rule of Law. I am a research associate of the National Bureau of Economic Research and a member of the Financial Economists Roundtable.

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