Archive for August 15th, 2017

Tiffany has beaten Costco to the tune of at least $19.4 million in a trademark infringement battle over alleged knock-off rings that pitted the luxury jeweler against the membership warehouse giant.

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A man has lost his job at a hot dog eatery with a strong libertarian bent in Berkeley, Calif., after photos of him taken at a gathering of white supremacists in Charlottesville, Va., surfaced on social media. 

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The concept of irrational exuberance came to me in the bathtub one morning, Alan Greenspan recalled.
On December 5, 1996, in what became a famous speech at the American Enterprise Institute, the then-Federal Reserve Chairman implied that the stock market was suffering from irrational exuberance. To be precise, Greenspan put it in the form of a reasonable question:
How do we know when irrational exuberance has unduly escalated asset values, which then become subject to unexpected and prolonged contractions?
I was choosing my words very carefully, he later wrote, and…

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<p>Amazon is rolling out pickup points in the United States where shoppers can retrieve items immediately after ordering them, shortening delivery times from hours to minutes, the company said on Tuesday.</p>

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Chief content officer Ted Sarandos talked to Variety about the company's strategy to own even more original TV and movies.

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As movie theaters struggle with tepid sales, Mitch Lowe has an extreme proposal for how to get more people into seats: Let them come to all the showings they want for about the price of a single ticket each month.

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<p>On a national level, the pipeline has been opposed largely by environmentalists, but in Nebraska, it’s been fought mainly by farmers and ranchers who fear it could erode their soil and hurt their land values.</p>

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U.S. homebuilders bounced back from recent funk, as current sales and sales expectations leaped forward.

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<p>Americans are plowing money into their homes at an astonishing rate — new, used and even those not yet built — creating for Home Depot a frenzy of loyal customers.</p>

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Here's how to know how well your salary stacks up.

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<p>Bank stocks outperformed the broader market on Tuesday as Treasury yields rose on strong U.S. economic data.</p>

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<p>U.S. stocks opened higher on Tuesday after economic data easily surpassed expectations while tension with North Korea appears to have eased.</p>

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U.S. stock index futures pointed to a positive open on Tuesday, as tensions around North Korea show signs of alleviating.

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Intel Corp.’s Brian Krzanich and Under Armour Inc.’s Kevin Plank became the latest chief executives to quit President Donald Trump’s council of U.S. business leaders, as membership on the panel has become enmeshed in the country’s volatile politics after violent riots in Virginia over the weekend.

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Jim Cramer warned investors about the perils of the dog days of summer, and shared his strategy to put cash to work.

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