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Monthly Archives: November 2016
US Lifts Biofuel Mandate in Blow to Oil Companies
The White House ruled in favor of the corn ethanol industry, requiring US cars and trucks to burn more biofuels next year. The rule, which was finalized this past Wednesday, will require a 6 percent increase in the use of … Continue reading
Posted in Biofuel, Uncategorized
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Indian Prime Minister Modi Defends Demonetization
Indian Prime Minister Narendra Modi surprised his country with his draconian ban on high-denominated rupees. He lashed back at critics of the ban who say the government was under prepared for the move. Modi sites that the problem most have … Continue reading
Posted in Global News, Uncategorized
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U.K. Temporarily Defies Slowdown Expectations
After Brexit, analysts speculated that the United Kingdom would experience a period of economic slowdown. This was not the case. Consumers and business have increased their spending in Q3 as the U.K. exhibited resilience following the historic vote. Household spending … Continue reading
Posted in Brexit, Uncategorized
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Oil Turns Bearish amidst OPEC Uncertainty
Earlier this week, Saudi Arabia pulled out of planned talks with non-OPEC countries. Disagreement regarding the burden of supply cuts has been cited as the primary reason. OPEC officials were set to meet with non-members, including Russia, on Monday, but … Continue reading
Posted in Oil, Uncategorized
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Johnson & Johnson’s Potential Acquisition of Actelion
The Swiss drug company Actelion Pharmaceuticals Ltd. confirmed on Friday that J&J had approached it about a possible transaction that would help the gigantic American health-products company overcome any lost momentum of its top-selling drugs. The potential deal is a … Continue reading
Posted in Johnson & Johnson, Uncategorized
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Common Core is The Core of Pearson’s Problems
Pearson PLC is facing a major public relations and investor backlash at the failure of its implementation of the “Common Core” educational testing standard in 46 of the 50 States in the United States. The vigorous pursuit of standardized testing … Continue reading
Posted in Pearson PLC, Uncategorized
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Iran? More like Iflew
French civil aircraft manufacturer, Airbus Group SE, has recently received US government backing that allows them to export more than 100 jetliners to Iran, as a result of the nuclear accords which allow additional exports to enter Iran at the … Continue reading
Posted in Iran, Uncategorized
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Beverage Industry is diversifying with new Acquisition Concoctions
Dr. Pepper Snapple Group Inc. and Pepsico Inc. are making moves to enter the “healthy beverage” industry as soft drink sales are declining for the 12th year in a row while also battling new taxation legislation. Dr. Pepper Snapple Group … Continue reading
Posted in Corporate News
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Volkswagen Attempts to Please Shareholders
VW plans to increase productivity by 25%, earnings by $3.9 billion and pre-tax profit margins to 4% by 2020. As they try to move past the emissions cheating scandal that cost them nearly $20 billion in settlements and 11 million … Continue reading
Posted in Uncategorized
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Mr. Musk to Tesla Shareholders, “Your Faith Will Be Rewarded”
Shareholders approve Tesla and SolarCity merger. 85% of Tesla shareholders approve a $2.1 billion all stock offer to enable the combined company’s customers to power their homes and vehicles with clean energy. Mr. Musk has been exceptional at persuading investors … Continue reading
Posted in Uncategorized
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