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Business

America’s wealthy likely to power pandemic-hit U.S. holiday sales: Deloitte

By yardsaleportalcom September 22, 2020September 16, 2020

The wealthy in America are expected to splurge online for gifts and home decorations this holiday season, even as the COVID-19 pandemic erodes sales growth to the slowest in at…

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Business

Asian stocks head higher on China data, markets eye Fed meeting

By yardsaleportalcom September 21, 2020September 16, 2020

NEW YORK - Global equities markets rallied on Tuesday, first on upbeat Chinese data and later on an increase in U.S. factory output, while the dollar see-sawed on uncertainty regarding…

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Business

Billionaire Steve Cohen agrees to buy the New York Mets

By yardsaleportalcom September 20, 2020September 16, 2020

Billionaire hedge fund manager Steve Cohen has signed an agreement with Sterling Partners to buy the New York Mets baseball team, the two sides said in a statement on Monday.…

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Business

China extends tariff exemptions for 16 U.S. products

By yardsaleportalcom September 19, 2020September 16, 2020

BEIJING - China’s finance ministry said on Tuesday it will extend existing tariff exemptions for 16 products from the United States including lubricants, whey and fish meal by an additional…

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Business

Daimler to pay $2.2 billion in diesel emissions cheating settlements

By yardsaleportalcom September 18, 2020September 16, 2020

WASHINGTON - Daimler AG DAIGn.DE will pay $2.2 billion to resolve a U.S. government diesel emissions cheating investigation and claims from 250,000 U.S. vehicle owners, court documents show. The German…

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Business

Former Nissan executive Kelly’s trial begins in Tokyo without Ghosn

By yardsaleportalcom September 17, 2020September 16, 2020

TOKYO - Former Nissan Motor Co Ltd executive Greg Kelly denied charges he helped former boss Carlos Ghosn hide income as the American lawyer’s trial opened in Tokyo on Tuesday,…

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Business

How ByteDance’s CEO balked at selling TikTok’s U.S. business

By yardsaleportalcom September 16, 2020

ByteDance founder and CEO Yiming Zhang's decision to drop his pursuit of a sale of TikTok's U.S. operations to Microsoft Corp MSFT.O in favor of a partnership with Oracle Corp…

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  • America’s wealthy likely to power pandemic-hit U.S. holiday sales: Deloitte
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  • Former Minneapolis police officer Derek Chauvin booed at George Floyd court appearance

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