Business

Democratic Sen. Bob Menendez’s bribery case ends with mistrial

The federal bribery trial of Democratic Sen. Bob Menendez ended in a mistrial Thursday when the jury said This specific was hopelessly deadlocked on all charges against the fresh Jersey politician in addition to a wealthy donor. Prosecutors can seek to retry the lawmaker. U.S. District Judge William Walls declared the mistrial after more than six full days of deliberations ...

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Barnes & Noble shares surge on reports bookseller may go private

Barnes & Noble shares jumped as much as 16 percent Thursday afternoon after The Wall Street Journal reported an activist investor has proposed a deal to take the bookseller private. The stock was halted briefly on the news. Sandell Asset Management came to the retailer which has a transaction in which could value Barnes & Noble at more than $650 ...

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Morgan Stanley CEO James Gorman on US economy

U.S. corporate taxes within the 20 percent range would certainly be a plus for the economy, Morgan Stanley Chairman as well as CEO James Gorman told CNBC on Thursday. Rates from the earth’s largest economy are currently 35 percent, versus 15-25 percent in major jurisdictions elsewhere from the earth, he explained. “For the U.S. to be so much off market, ...

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Whole Foods cost cuts on more grocery items

fresh discounts also are for products including chicken breasts, shrimp, canned pumpkin along with also specialty potatoes. Before Amazon’s acquisition, Whole Foods was known pejoratively as Whole Paycheck because of its high prices. Afterward, Amazon marked down certain Whole Foods products, including on produce along with also fish. Grocers like ShopRite often have promotions where shoppers can earn a free ...

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Business inventories unchanged in September vs expectation of 0.2% gain

U.S. business inventories were unchanged in September amid a jump in sales, government data showed on Wednesday. The Commerce Department said the unchanged reading in business inventories followed a downwardly revised 0.6 percent increase in August. Inventories are a key component of grossdomestic product in addition to were previously reported to have risen 0.7 percent in August. Retail inventories fell ...

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CEOs raise doubts about Gary Cohn’s top argument for cutting the corporate tax rate right in front of him

WSJ Ceo Council Video A meeting of CEOs might seem to be a friendly gathering place for President Donald Trump’s chief economic adviser Gary Cohn, former president of Goldman Sachs. although at a gathering of chief executives hosted yesterday by the Wall Street Journal, business leaders called into question one of Cohn’s top arguments for slashing the corporate tax rate ...

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Sorry for replacing Jesus with sausage roll in Nativity scene

British bakery Greggs has apologized for substituting Jesus for a sausage roll in a promotional image for its Christmas advent calendar. The image seemed to cause a stir online. Simon Richards, chief executive of center-right pressure group The Freedom Association, called for a boycott of Greggs’ “sick anti-Christian” calendar. Tweet Another said he was “glad” Christians condemned the company, claiming: ...

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Lebanon accuses Saudi Arabia of holding its PM hostage

Hariri wrote on Twitter that will he was “perfectly fine” as well as also might return, “God willing, to dear Lebanon as I promised”. On Wednesday he said he might return in a couple of days however that will his family was staying in Saudi Arabia, calling This specific “their country”. Hariri holds Saudi nationality as well as also his ...

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