Business

Business Briefs – July 18, 2018

Soy “Milk” Makers May Need to Find Alternative Description NEW YORK (AP) – Soy and almond drinks that bill themselves as “milk” may need to consider alternative language after a…

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Open Office Plans Are as Bad as You Thought

A cubicle-free workplace without private offices is supposed to force employees to collaborate. To have them talk more face-to-face. To get them off instant messenger and spontaneously brainstroming about new…

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Europe Exploring Talks With Trump on Car-Tariff Cut

European Commission President Jean-Claude Juncker will meet President Donald Trump in Washington next week to explore the possibility of starting negotiations on reducing car tariffs for several key trade partners,…

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Lufthansa Adds Routes to Eilat

Lufthansa will be adding two new routes to Eilat, from Munich and Frankfurt, Globes reported on Wednesday. The announcement reflects the Israeli Tourism Ministry’s campaign to expand connections between Eilat…

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Big Gains for Industrials and Banks Take U.S. Stocks Higher

U.S. stocks are edging higher Wednesday as financial and industrial companies including railroads and airlines climb after a round of strong second-quarter reports. United Continental and Berkshire Hathaway are making…

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EU Fines Google Record $5B Over Mobile System

The European Union fined Google a record $5 billion Wednesday for using the market dominance of its Android mobile operating system to force handset makers to install Google apps, reducing…

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Business Briefs – July 17, 2018

New IRS Policy Allows Some Tax-Exempt Groups to Veil Donors WASHINGTON (AP) — The Trump administration is lifting requirements that some tax-exempt groups disclose the identities of their donors to…

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Twitter Suspended 58 Million Accounts in 4Q

Twitter suspended at least 58 million user accounts in the final three months of 2017, according to data obtained by The Associated Press. The figure highlights the company’s newly aggressive…

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Goldman Sachs’ 2Q Profit Up 44 Percent; CEO Blankfein to Retire

Goldman Sachs’ profits jumped 44 percent in the second quarter compared with a year ago, driven by the investment bank’s core franchises: advising companies on mergers, acquisitions and other deals,…

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