Business News Newswire (Page 6)

Comprehensive Real-Time News Feed for Business News. (Page 6)

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  1. Formula 1 driver signs $155 million contract that will make him...Read the original story w/Photo

    Friday | SFGate

    Defending Formula One champion Lewis Hamilton has signed a new contract to remain with Mercedes, and the deal makes him one of the four highest-paid athletes alive. Hamilton's deal is for three years and worth "around A 100 million" , according to Paul Weaver of The Guardian .

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  2. 16 amazing photos of the most extreme penguins on earthRead the original story w/Photo

    Friday | SFGate

    Little is known about the habits and behaviors of the six species of penguins that live in the extreme environments of Antarctica, To better understand some of these species of penguins and what's causing changes in their populations, Tom Hart, a penguinologist at Oxford University, set up cameras in 2014 in spots along the Antarctic coastline where penguins frequent. Since then, these cameras have recorded video and snapped over 500,000 images of thousands of penguins.

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  3. Recalls this week: booster seats, gas ranges, crossbowsRead the original story w/Photo

    Friday | SFGate

    A line of children's booster seats with potentially faulty safety straps are among this week's recalled consumer products. Others include several types of gas ranges with defects that can cause burn or fire hazards.

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  4. How the Dow Jones industrial average fared on FridayRead the original story w/Photo

    Friday | SFGate

    The stock market capped a quiet week of trading on a down note on Friday. Major indexes fell from the start as oil drillers and other energy-related companies followed oil prices lower.

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  5. Deere, Expedia are big market moversRead the original story w/Photo

    Friday | SFGate

    Solid sales of its construction equipment offset a global agricultural slowdown for the farming equipment maker. The company also raised its full-year outlook.

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  6. Happy Hour RoundupRead the original story

    Friday | The Washington Post

    The State Department on Friday released nearly 900 pages of e-mails on Libya and the Benghazi attacks from the private account Hillary Rodham Clinton used while she was secretary of state. The messages have been turned over to a select House committee investigating the Sept.

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  7. Lake Nona VA hospital gets closer to being fully openRead the original story w/Photo

    Friday | The Orlando Sentinel

    The Orlando VA Medical Center in Lake Nona is a 1.2 million square foot facility that cost $600 million to construct. The partially open facility should be completed by the end of the year.

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  8. As oil production soars, so have pipeline leaksRead the original story w/Photo

    Friday | LA Daily News

    A clean up worker heads to the shoreline while a larger group of workers begin clean up operations at Refugio State Beach, site of an oil spill, north of Goleta, Calif., Wednesday, May 20, 2015. A broken onshore pipeline spewed oil down a storm drain and into the ocean for several hours Tuesday before it was shut off, creating a slick some 4 miles long about 20 miles west of Santa Barbara.

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  9. Alignvest Seeks to Raise $102 Million in IPO of Takeover FirmRead the original story

    Friday | The Washington Post

    Alignvest Management Corp., a Toronto-based alternative-investment firm, is seeking to raise C$125 million in an initial public offering of a company it created to make acquisitions. Alignvest Acquisition Corp. plans to sell restricted voting units for C$10 apiece for the special purpose acquisition corporation, or SPAC, the firm said Friday in a statement.

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  10. Activist Sandell Scolds PartnerRe Board for Shunning ExorRead the original story

    Friday | The Washington Post

    "We will not hesitate to exercise the rights available to us to hold the board accountable," Tom Sandell said in a letter Friday to Jean-Paul Montupet, the chairman of Bermuda-based PartnerRe. PartnerRe announced Friday that it would ask shareholders to approve a combination with Axis, days after saying it was prepared to enter discussions with Exor SpA over a $6.8 billion bid.

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  11. Summer Stocks for Your PortfolioRead the original story w/Photo

    Friday | Fox News

    Do you have Sirius XM in your car? I do and love it. That makes me also want to own the stock.

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  12. FAA Cheating Scandal Reaches into HR OfficeRead the original story w/Photo

    Friday | Fox News

    The National Black Coalition of Federal Aviation Employees, NBCFAE, broke its self-imposed five month code of silence late Thursday, and denied allegations it was involved in a Federal Aviation Administration cheating scandal that now reaches into the agency's human resources office as first reported in a FOX Business exclusive investigation. NBCFAE president Paquita Bradley posted a letter to NBCFAE members on Twitter which says, "a the NBCFAE has never authorized, promoted, engaged, or supported any effort to undermine the testing process for prospective air traffic controllers."

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  13. Rep. Jonathan Stickland says he has proof that he was set up.Read the original story w/Photo

    Friday | Austin American-Statesman

    On Friday, Stickland released an audio file from earlier in the session that he said is a recording of a staffer for state Rep. Joe Pickett, D-El Paso, who called Stickland's Capitol office and used a fake name to prompt behavior that could have been used against the tea party agitator from Bedford. In the recording, which could not be verified, a man who said he was from Houston asked Stickland's legislative director how the man might register his support for House Bill 142 , a proposal by Stickland to ban red light cameras.

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  14. US stocks dip in quiet trading ahead of Memorial Day weekendRead the original story w/Photo

    Friday | The Washington Post

    The Standard & Poor's 500 index lost four points, or 0.2 percent, to 2,126. The Nasdaq composite edged down a point to 5,089.

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  15. Stocks Stall as Investors Clear Out For Long WeekendRead the original story w/Photo

    Friday | TheStreet.com

    NEW YORK -- It was a quiet end to the week on Wall Street with little changed on benchmark indexes ahead of the long Memorial Day weekend. Even stronger-then-expected inflation data and a speech from Federal Reserve Chair Janet Yellen failed to stir markets to action.

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  16. Kids Aren't Playing Baseball, So Is That Bad News for Nike and Under Armour?Read the original story w/Photo

    Friday | TheStreet.com

    Your browser is not supported. Please upgrade to one of the following browsers: Google Chrome Mozilla Firefox Apple Safari Microsoft Internet Explorer 9+ You may proceed to the site by clicking here , however some pages might not work correctly.

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  17. Decreased spending becomes a concern as more sectors affected.Read the original story

    Friday | TheStreet.com

    We had a number of noteworthy data points hit last week, but despite the signs of a weaker-than-expected -- if not cooler -- economy, the stock market keeps on trucking, as evidenced by the S&P 500's new 52-week high, set earlier this week. While we remain focused on earnings growth, valuation and other fundamentals, we chalk it up to the simple fact the market is standing on the pin that is the Fed rather than fundamentals as it waits for a definitive timetable for any interest rate hike.

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  18. Fed chief: Interest rates should rise by end of yearRead the original story w/Photo

    Friday | San Jose Mercury News

    Federal Reserve Chair Janet Yellen said Friday she expects to begin raising interest rates later this year -- if the job market improves and the Fed is confident inflation will climb closer toward its target rate. She described the U.S. economy as "well positioned for continued growth," but at the same time highlighted a number of headwinds that threaten progress.

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  19. B&P Tunnel replacement new focus of Baltimore's push for double-stacked trainsRead the original story w/Photo

    Friday | The Baltimore Sun

    Nearly 20 years ago, Gov. Parris N. Glendening had lunch with the chief executive of CSX to pitch the railroad chief on investing $40 million to expand the Howard Street Tunnel and another one in Harper's Ferry, W.Va., to make the port of Baltimore more competitive. If CSX Transportation could stack shipping containers two-high atop trains to and from the port, the argument went, it could help the port retain cargo it was losing to competitors.

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  20. Verizon/AOL deal means more opportunity, competition for Baltimore 'ad tech hub'Read the original story

    Friday | The Baltimore Sun

    A decade ago, a pair of Baltimore brothers turned technology placing ads within an Internet video game into a $435 million windfall in selling Advertising.com. Ten years later, the same Baltimore-based technology is central to a deal worth 10 times more.

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