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Watchdog Orders Deutsche Bank To Review Policies Post-AML Scandal
Watchdog Orders Deutsche Bank To Review Policies Post-AML Scandal
February 15, 2019  |  Security & Fraud

Bafin, the German financial watchdog that is monitoring Deutsche Bank’s involvement in the Danske Bank money laundering scandal, has asked the bank to review some...

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Uber Ridership Rising, But Profitability Still Lacking As It Approaches IPO
Uber Ridership Rising, But Profitability Still Lacking As It Approaches IPO
February 15, 2019  |  Earnings

In the run-up to its IPO later this year, Uber put up a mixed bag in terms of numbers for the last quarter of 2018. ...

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Lyft Vies With Uber For IPO, Uses Growth To Draw Investors
Lyft Vies With Uber For IPO, Uses Growth To Draw Investors
February 15, 2019  |  IPO

Ride-hailing app Lyft, an Uber competitor in the U.S. and Canada, is attempting to become the first publicly listed ride-hailing company, according to a report...

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Wells CEO To Appear Before House Banking Committee
Wells CEO To Appear Before House Banking Committee
February 15, 2019  |  Bank Regulation

The CEO of financial giant Wells Fargo, Timothy Sloan, is expected to appear alone before the House Financial Services Committee so it can scrutinize the...

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WhatsApp Biz Launches Beta Version For iOS
WhatsApp Biz Launches Beta Version For iOS
February 15, 2019  |  Mobile Applications

Following the launch of the WhatsApp Business app last year, the messaging platform is said to have rolled out a beta version for users of...

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Amazon Air Expands In A Bid To Better Manage Shipping Logistics
Amazon Air Expands In A Bid To Better Manage Shipping Logistics
February 15, 2019  |  Amazon

In a move to better control shipping and logistics, Amazon has been expanding Amazon Air, with 50 new planes and numerous regional hubs, according to...

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Alphabet Seeks Share Of Taxes For Toronto ‘Smart City’
Alphabet Seeks Share Of Taxes For Toronto ‘Smart City’
February 15, 2019  |  Innovation

To create a smart city on the waterfront of Toronto, Alphabet’s Sidewalk Labs is reportedly looking for a share of development fees, increased land value and...

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Amazon Leads $700M Round In Electric Automaker Rivian
Amazon Leads $700M Round In Electric Automaker Rivian
February 15, 2019  |  Investments

Following the unveiling of its electric vehicle concepts in 2018, Rivian Automotive LLC has notched a $700 million equity investment led by Amazon. And the...

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Samsung Expands Beyond Pop-Ups With Full-Scale Stores
Samsung Expands Beyond Pop-Ups With Full-Scale Stores
February 15, 2019  |  Retail

In a potential challenge to Apple at brick-and-mortar retail, Samsung Electronics is looking to move beyond pop-up shops with its own full-scale U.S. locations. The...

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