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Concerns Raised Over FTC Director Nominee
Concerns Raised Over FTC Director Nominee
May 14, 2018  |  Regulation

U.S. consumer watchdogs have expressed concern over the possible appointment of Andrew Smith as the next director of the Federal Trade Commission’s Bureau of Consumer...

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Data: Uber Customers In Top 32 US Cities Spend ~$50 Per Month
Data: Uber Customers In Top 32 US Cities Spend ~$50 Per Month
May 14, 2018  |  Ridesharing

Newly released data shows how much some users are spending on ridesharing apps like Uber and Lyft in 32 major cities. Get the Full Story...

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Munchery Shuts Down Its Service In Seattle, NY, LA
Munchery Shuts Down Its Service In Seattle, NY, LA
May 14, 2018  |  Delivery

Munchery Chief Executive James Beriker announced late last week that the company is shutting down operations in Seattle, New York, and Los Angeles. Get the...

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Symantec Shares Fall Following Probe Disclosure
Symantec Shares Fall Following Probe Disclosure
May 11, 2018  |  Earnings

Symantec shares dropped nearly $10 in the largest decline since 2001 when the company said its board’s audit committee was in the process of looking...

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HSBC Launches ‘Connected Money’ App
HSBC Launches ‘Connected Money’ App
May 11, 2018  |  Mobile Applications

As FinTech firms grow in popularity with their personalized services and sleek mobile apps, HSBC looks to compete by launching a multi-account app for customers in...

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Ant Financial Seeks $10B In Funding
Ant Financial Seeks $10B In Funding
May 11, 2018  |  Investments

Ant Financial is planning on raising $10 billion over the next couple of days, possibly bringing in the Carlyle Group and the Canada Pension Plan Investment Board...

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Cryptos Fall Following Raid On South Korean Exchange
Cryptos Fall Following Raid On South Korean Exchange
May 11, 2018  |  Bitcoin

Bitcoin — among other cryptocurrencies — took a fall on Friday (May 11) and hit a three-week low as news surfaced that authorities raided South...

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Toys R Us Pain Could Be Gain For The Children’s Place
Toys R Us Pain Could Be Gain For The Children’s Place
May 11, 2018  |  Retail

In every story of less, there is usually someone who gained. In the case of the massive Toys R Us bankruptcy, children’s apparel retailer The Children’s...

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Morgan Stanley Downgrades Macy’s Stock
Morgan Stanley Downgrades Macy’s Stock
May 11, 2018  |  Retail

Following a downgraded rating from Morgan Stanley, Macy’s stock dropped more than 3 percent on Thursday (May 10). The investment bank had put an “underweight”...

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