Rep. Castro on Russian Meddling, Sanctions, Manafort Trial

Rep. Castro on Russian Meddling, Sanctions, Manafort Trial

… U.S. elections, the status of Russian sanctions, and the political importance of the Paul Manafort trial. He speaks on “Bloomberg Markets: Balance of
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Trump's FX Comments Weigh on the Dollar Ahead of China Trade Talks

… just days before the U.S. and China meet to talk trade. Bloomberg's Randy Woods reports on “Bloomberg Markets: The Open.” (Source: Bloomberg)
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Sri Lanka Seeks Investors for Airline With $1 Billion of Debt

Sri Lanka has revived the process of privatizing the state-run carrier that is saddled with at least $1 billion of debt, a year after talks with sole bidder
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US Heads for Best Growth Since 2005 on Robust Domestic Demand

… Inc. chief economist Jan Hatzius says much of it will be, pointing to July's higher-than-expected rise in retail sales as tentatively buttressing that view.
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'Not Your Everyday Transaction': Holland & Knight Arranges $49.8M Loan for Miami Rehab Center

In 2014, Ocean Bank lent a total of $29 million to Victoria affiliates — $26.5 million for a mortgage financing and $2.5 million for working capital.
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Multifamily and commercial grow despite declines in three sectors

Mortgages originated to finance apartments and other income-producing properties managed to generate a small year-to-year increase in the first half
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The Longest Market Rally in History? Take a Closer Look

According to a loose consensus, bull markets are rallies that go beyond 20 percent and are never interrupted by a 20 percent fall. In many corners of
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How Do You Define a Bull Market?

… about how to define a bull market. He speaks with Bloomberg's Vonnie Quinn and Romaine Bostick on “Bloomberg Markets.” (Source: Bloomberg)
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Tesla Stays on Rocky Run After Morgan Stanley Drops Coverage

Elon Musk's bewildering bid to take Tesla Inc. private has taken another turn that's spurred trading tumult, with Morgan Stanley becoming the second
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Online loans across state lines: protecting peer-to-peer lending through the exportation doctrine

Online loans across state lines: protecting peer-to-peer lending through the exportation doctrine

INTRODUCTION In 2005, the first online peer-to-peer lending platform appeared in the United Kingdom. (1) The premise was simple: provide a
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Microsoft Finds Russian Hackers Targeting Conservative Sites

… targeting a disruption and manipulation of the U.S. midterm elections. Bloomberg's Dina Bass reports on “Bloomberg Markets.” (Source: Bloomberg)
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MetLife, State Street Team Up in $2B Co-Lending Deal

MetLife, State Street Team Up in $2B Co-Lending Deal … Street affiliates as much as $2 billion in commercial mortgage loans, MetLife announced.
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Essent Guaranty Now Integrated into Compass Analytics Pricing Engine

Compass's platform is revolutionizing the way home loans are formed and sold through the use of innovative real-time technology supported with
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Bloomberg Daybreak: Middle East Markets Special

Bloomberg Daybreak: Middle East Markets Special … Daybreak: Middle East. A deep dive into the key stories driving markets. (Source: Bloomberg)
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Mortgage lender Equity Resources opens Wilmington branch

WILMINGTON — Equity Resources Inc., a full-service mortgage company with its home office in Newark, Ohio, is opening a branch at 3240 Burnt Mill
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China's Economic Might Erodes Taiwan Support in US's Backyard

The president's Farabundo Marti National Liberation Front had also sought campaign funds for next year's election, Wu told a news conference.
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Microsoft Thwarts Russia Hackers Targeting GOP Critics of Trump

Microsoft Corp. has detected and seized web domains created by cyber-attackers linked to the Russian military, in a potential attempt to manipulate
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China Shipowners Stop Hauling Iranian Oil as US Sanctions Near

China's shipowners are shunning Iran's oil, while the OPEC producer is using its own tankers to supply top customers as impending U.S. sanctions
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Four Common Roadblocks In Today's Small Business Lending Process

So what's slowing the traditional lending process for small- to midsize business (SMB) borrowers and banks — and how can innovative lenders clear
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Chinese investors protest in Shanghai's financial district over P2P woes

SHANGHAI (Reuters) – Investors in Chinese online peer-to-peer (P2P) lending platform PPMiao protested at the offices of one of the company's
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Fannie Mae and Freddie Mac introduce 3% mortgage downpayment programs

You'd probably expect money expert Clark Howard would be vigorously opposed to the new 3% downpayment HomeReady and Home Possible loan
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Farfetch's Luxury IPO Timing Looks Impeccable

… boutiques, is targeting a $5 billion valuation, Bloomberg News reported. … Farfetch is building its business there through a partnership with JD.com,
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Value of mortgages in Romania hits record of RON 69.8 bln, almost all thanks to Prima Casa

The increase was mainly due to the 5.5 percent increase in mortgage loans, sustained by the Prima Casa (First Home) program, according to a
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Texas Saved Billions Cutting Special Education. Now the Bill Comes Due

Texas's 5.4 million students are returning to school amid the usual scramble for textbooks, lockers and desks. The state is also facing a huge problem
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EPA Moves to Pare Pollution Curbs on Coal Power Plants

… gas emissions by releasing a proposal that would empower states to regulate pollution from coal-fired power plants, Bloomberg News reports.
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Future Is Bright for Poland, Says EPP CEO Dean

… discusses Poland's economy and why he's bullish on investing in Poland. He speaks on “Bloomberg Markets: European Open.” (Source: Bloomberg)
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Sweden's Economy Is Getting a Lift From Migrants

“These refugees and immigrants came at precisely the right time,” says Lars Christensen, an economist and founder of Markets & Money Advisory,
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World's Biggest Wealth Fund on Tesla: We Like Companies That Make Money

“We don't have a view on that,” Trond Grande, the fund's deputy chief … its facilities and faces servicing lines in one of its biggest markets — Norway.
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US Dollar Likely to Stay Strong From Here, Says Old Mutual's Nash

Mark Nash, head of fixed income at Old Mutual Global Investors, discusses the U.S. dollar and Fed policy. He speaks on “Bloomberg Markets:
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Hawksmoor opens a restaurant in an Edinburgh banking hall

Hawksmoor opens a restaurant in an Edinburgh banking hall

Macaulay Sinclair has converted a 1930s banking hall in Edinburgh into a restaurant for London steakhouse Hawksmoor that retains many of the
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Everyday Banking For Everyday People It Is.

“Everyday Banking for everyday people” is the Steward bank tagline that has caught our attention simply because Steward Bank has indeed become
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Bank of England's chief economist warns AI could threaten 'large' amount of jobs

The Bank of England's Chief Economist Andy Haldane warned on Monday that the rise of artificial intelligence (AI) threatens to replace a huge number
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Persimmon boss shrugs off housing market fears as profits rise

Persimmon boss shrugs off housing market fears as profits rise

The higher figures came despite jitters in the housing market following the Brexit vote and fears the recent interest rate hike would deter buyers from
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Persimmon profits rise 13% after help-to-buy boost

A further worry is the help-to-buy scheme, which has been a lynchpin in the UK housing market. While this still has three years left to run, all eyes will
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Inventory issues: Low inventory of affordable homes causing slowdown in local housing market

After multiple years of strong growth, a lack of inventory finally appears to be catching up with the Dubuque-area housing market. The East Central
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Persimmon insists housing market still robust as profits jump 13pc

Housebuilder Persimmon sought to reassure investors worried about a slowdown in the housing market after posting a rise in profits and selling more
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Persimmon's Fairburn upbeat about housing market

With surveys showing house prices falling more than 2 per cent in August there are increasingly questions about whether the current property cycle
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Tulsa's Gathering Place Impacting Tulsa's Housing Market

NewsOn6.com allows its users to express opinions on stories, but reserves the right to remove comments for any reason. Comments do not reflect the
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Could Trade War Lead to the Real Thing?

Could Trade War Lead to the Real Thing?

News that China and the U.S. will resume trade talks this week swiftly lifted markets. This follows the first meetings at the annual summer retreat of the
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Dollar Weakens on Trump Fed Remarks; Stocks Climb: Markets Wrap

The dollar dropped and Treasuries edged lower on Tuesday after President Donald Trump criticized Federal Reserve interest-rate hikes. European
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Why Turkey's Credit Was Downgraded Deeper Into Junk

… chief EM credit strategist, discusses the depreciation of the Turkish lira and Turkey's credit rating downgrade on “Bloomberg Markets: The Open.
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Yield Curve Distorted by Fear in Tax-Free Muni Bonds

By now, anyone who pays attention to financial markets has been inundated with reports about the flattening Treasury yield curve. The historical
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Bank crackdown slowing loan approvals, says Mortgage Choice

The effects of a clampdown on risky loans are still flowing into the market, which could result in further softening in home loan approvals in months
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HURRICANE HARVEY: Planning ahead can help Houston residents financially survive disasters

“Some mortgage companies will offer relief by putting payments on hold, freezing foreclosures and offering special financing to rebuild,”
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Research Analyst, Center on Housing Markets and Finance

The Center on Housing Markets and Finance at the American Enterprise Institute (www.housingrisk.org) conducts cutting-edge research and
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European Governments Are Not Manipulating Currencies, Says Germany's Hardt

… Vladimir Putin and Angela Merkel, and her upcoming meeting with Turkish President Erdogan. He speaks on “Bloomberg Markets: European Open.
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Significant changes to Connecticut consumer finance licensing laws to take effect October 1, 2018

In addition to changes impacting mortgage-related licensees (e.g. mortgage lenders, originators and brokers), Public Act 18-173 revises or creates
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Fed Will Stick to Their Guns and Gameplan, Says Nomura's Ticehurst

… discusses President Trump's comments about Fed Chairman Jerome Powell and his outlook for Fed policy. He speaks on “Bloomberg Markets: Asia
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Yen, China Government Bonds Favored, AllianceBernstein Says

… markets, bond defaults in China, and his investment strategy. He speaks with Rishaad Salamat and Haidi Stroud-Watts on “Bloomberg Markets: Asia
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Trump Accuses China, EU of Currency Manipulation

The dollar was already under pressure after Bloomberg News reported earlier that Trump complained about interest rate hikes under Federal Reserve
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Tesla Bull Has 'Dream' Tim Cook Will Help Elon Musk Run Company

2 executive to take pressure off Musk, 47, though a person familiar with the board's thinking later told Bloomberg News that the company wasn't
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Venezuela Braces for the Devaluation Storm

President Nicolas Maduro picked a Friday evening before a long, holiday weekend to unveil a 95 percent currency devaluation. Over the ensuing
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How MKM's Jim Strugger Is Playing Guess

Jim Strugger, MKM Partners head of derivatives strategy, discusses his options strategy with Bloomberg's Abigail Doolittle on “Bloomberg Markets.
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Almost 30% of mortgage loans in Azerbaijan issued on preferential terms

As of July 1, 2018, 29.5 percent of all mortgage loans in Azerbaijan have been issued on preferential terms, according to a report of the Azerbaijani
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Emerging Markets May Lose Their Friendly Banker

China's willingness to extend credit has transformed it into the best friend of emerging markets. But there are reasons to believe the flow of easy
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We See Value in China, Says UBS' Buehlmann

… valuations in China, stimulus measures and sentiment towards Chinese assets. He speaks on “Bloomberg Markets: Asia.” (Source: Bloomberg)
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Trump Says China, EU Manipulate Their Currencies: Reuters

… Trump is said to be accusing China and the EU of manipulating their currencies. Bloomberg's Jodi Schneider reports on “Bloomberg Markets: Asia.
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LIC Housing Finance hits four-month high ahead of Q1 results

Shares of LIC Housing Finance hit a four month high of Rs 569 per share, rising 3% on the BSE ahead of April-June quarter (Q1FY19) results on
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Sonoma County home sales fall 8 percent

Sonoma County home sales fall 8 percent

The wind has shifted this summer in Sonoma County's housing market, with slower sales, rising inventory and an end to sellers automatically asking
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Reno-Sparks housing prices hit all-time high again

RENO (AP) – Rising housing prices have set a record in the Reno-Sparks area for the fourth time this year. RELATED: Southern Nevada home prices
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Here's What Eric Garcetti Had to Say About Housing Prices in a New Interview

Here in Los Angeles, we might feel like we have a pretty good idea of what Mayor Eric Garcetti is all about, but as his national profile grows, we're
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La Crosse housing market seeing improvements across the board

LA CROSSE, Wis. (WKBT) – The housing market in Wisconsin remains tight… even as the number of homes available continues to rise, but La Crosse
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Twin Cities Realtors Say Housing Market May Be Cooling

In a Twin Cities housing market where inventory is low, Hulett is now a seller in a seller's market. “We were really going to sell last year but we played
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NZ: Housing market has slowed – ANZ

Analysts at ANZ note that New Zealand's housing market has slowed at the same time as a number of other markets, particularly Australia. Key Quotes.
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After federal indictments of mortgage fraud plague Morgan communities, company divests properties.

ROCHESTER, N.Y. – Some big changes for Morgan Communities after the local development company was caught up in federal indictments.
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Creating intelligent branch banking experiences to drive growth opportunities

Financial institutions are taking a fresh look at the brick-and-mortar branch – location, size, offerings, staffing and technology – to create a new banking
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A Change to Policy on All-Cash Housing Purchases Reveals How Anonymous Capital Can Distort …

Shell company real estate purchases also provide a method for hiding … which require title insurance companies to identify the beneficial owners of
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Busy investor gets ready to pounce on prime downtown San Jose redevelopment site

Gary Dillabough is in contract to purchase the so-called Valley Title site, … The Cupertino-based developer calls the Valley Title property the “largest and … where the company outlines a potential redevelopment plan for the property
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Faith in banking industry at three-year low

Public trust in the ethics of Australian corporations continues to decline however, trust in the banking, finance and insurance sector is at its lowest point
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Western Asset Mortgage: Diversification Paying Off

Western Asset Mortgage: Diversification Paying Off

Western Asset Mortgage (NYSE:WMC) is a mortgage real estate investment trust, or mREIT, that had seen performance fall over the last few years.
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Harvey Weinstein's Lawyer Blasts Asia Argento's 'Stunning Level of Hypocrisy'

… in his planned trial. Argento's representatives have not yet responded to multiple requests for comment from various publications, including Fortune.
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Ohio banking company to acquire Bank of Geneva parent

Bank of Geneva operates full-service offices in Geneva, Berne, Monroe, Monroeville, Portland and Decatur, and had about $287 million in assets as of
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A Florida teacher's good fortune is a symptom of a sick system

When news organizations covered how Florida educators flooded Robert Goodman, a teacher fighting colon cancer, with donated sick and vacation
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MOVES-JPMorgan appoints head of middle market banking for California

Aug 20 (Reuters) – JPMorgan Chase & Co said on Monday it hired Tony Sciarrino to lead the middle market banking and specialized industries
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The Elmendorf Team launches collaborative home-buying tool

Mortgage lending company The Elmendorf Team has launched a comprehensive website to search for home listings with a focus on active military
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Farfetch Files for IPO on New York Stock Exchange

Farfetch, the luxury online marketplace, on Monday filed to list its shares on the New York Stock Exchange, betting it will be more appealing to
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UK seeks Japanese option for post-Brexit banking relations

The UK now sees its banks having a similar relationship with the European Union after Brexit as Japanese ones do. The latest UK paper published
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JPMorgan hires BofA exec to lead midsize business banking in Calif.

JPMorgan Chase has recruited a Bank of America executive into a newly created role leading middle-market business lending in California.
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McFarlane Field joins Portside Real Estate Group

Portside Real Estate Group of Portland has added McFarlane Field Associates, formerly part of Keller Williams, as part of its ongoing expansion in
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Actis buys SCB's Asia principal finance real estate business

Actis has acquired Standard Chartered Bank's principal finance real estate business in Asia. No financial terms were disclosed. Hodes Weill
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Meet the Indian Billionaire Who Can't Spend His Own Fortune

Billionaire Pallonji Mistry has about 84 percent of his estimated $20 billion fortune locked up in a legal battle with India's largest conglomerate.
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Eastern, Southern States lead the way in adopting digital banking

Eastern and Southern States such as Manipur and Telangana lead the way in internet banking, although mobile banking now seems to be the
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Lender Rides Reverse Mortgage Success in Australia, New Zealand

Reverse mortgage lender Heartland Bank recently reported strong results across Oceania, with double-digit growth in both its Australia and New
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Relationship between Reverse Mortgage Borrowing, Domain and Life Satisfaction

Reverse mortgages allow adults aged 62 and older to borrow against the equity in their homes without incurring monthly loan repayments. Thi.
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Kevin Spacey's Latest Film Bombs at the Box Office, Earning $126 on Opening Day

Kevin Spacey hit an all-time low at the box office for his career this weekend, with his latest film, Billionaire Boys Club, making just $126 on its opening
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99 Cents Only Stores Named To Fortune's Prestigious 'Change The World' List

99 Cents Only Stores has been ranked number 35 on Fortune's annual 'Change the World' list, which recognizes companies that have had a positive
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The New York City real estate market has gotten so bad that people are paying millions to live in …

The real estate market in New York City has gotten so expensive that many buyers are forgoing apartments in the sky for basements underground,
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Why Banks Are Giving Tellers Raises, Instead of Firing Them All

Bank branches still have greeters, coffee and sometimes fresh-baked cookies. At HSBC, there's also Pepper, the finance robot. About 4 feet tall,
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Victim of Dublin stabbing Gerard Fortune died in front of hospital colleagues who tried to save him

He said: “My deepest sympathy to Mr Fortune's family. The people in the area are very shocked at what happened. Unfortunately it's an all too familiar
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Pepsi buying SodaStream for $3.2 bn in bid to tap healthier drinks market

Pepsi buying SodaStream for $3.2 bn in bid to tap healthier drinks market

PepsiCo on Monday said it was buying Israeli company SodaStream for … in part to counter the onset of anti-obesity sugar taxes around the world.
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China moves to keep buying Iranian oil despite US sanctions: report

China moves to keep buying Iranian oil despite US sanctions: report … Chinese oil purchasers are moving to continue buying Iranian oil despite reinstated … “The Iranian people and the world are demanding that Iran finally act like a
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Indra Nooyi's last act as CEO is to lead Pepsi into new, sparkling waters

She took the company into more international markets and into healthier products, recently buying Bare Foods, which makes baked fruit and vegetable
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PepsiCo buys SodaStream for $3.2 billion

Three years ago, SodaStream shut down its West Bank factory amid international boycott calls and opened a sprawling new factory deep in Israel's
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Combine Will International Holdings Limited (SGX:N0Z): What Are Investors Earning On Their …

Buying Combine Will International Holdings makes you a partial owner of the company. Owing to this, it is important that the underlying business is
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Senate Banking Committee Scheduled Kraninger Vote for Aug. 23

Senate Banking Committee Scheduled Kraninger Vote for Aug. 23 … On August 23, the Senate Committee on Banking, Housing, and Urban Affairs will
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The West Coast Housing Market Over a Decade

The housing market on the West Coast has seen the biggest price swings over the past decade. This, according to a study by Owners.com, which
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Mizuho Americas takes on new transaction banking head

Jan-Erik Andersen has joined Mizuho as managing director and head of global transaction banking department Americas (GTBDA). He makes the
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Apple Plans a Cheaper MacBook With Thinner Bezels and Retina Display

Apple will debut a new MacBook with a lower price and thinner bezels, according to Bloomberg. The new laptop will look similar to the 13-inch
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Intero Foundation connects real estate agents with California communities

… partnerships · Intero Foundation connects real estate agents with California communities · Introduction and update from Interim President Greg Avis
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Netflix Tests House Ads That It Claims Aren't Commercials

Netflix is testing ads that showcase other titles in its video library. The online video streaming giant said Monday in an email to Fortune that the ads
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In Open Letters, Dozens of Former Intelligence Officials Denounce Trump

U.S. president Donald Trump has faced drastic push-back from the American intelligence community since revoking the security clearance of former
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Use Leverage To Multiply Your Success In Real Estate Investing

Option 2: Put the $50,000 toward the purchase of a $100,000 property, using financing like a bank mortgage loan to cover the other $50,000.
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Actis acquires Standard Chartered's Asia real estate finance business

Actis acquired all of Standard Chartered's principal finance real estate business in Asia, confirmed a spokesman for the emerging markets alternatives
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World Bank supports actions by BoG to sanitize banking sector

The World Bank has given its support to the measures taken by the Bank of Ghana to ensure sanity in the banking sector. According to the World Bank,
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Tragic knife victim Gerard Fortune, 63, died in front of colleagues who desperately tried to save him

Tragic knife attack victim Gerard Fortune, who was attacked in his own home on Sunday night, had his throat slit by a crazed attacker who was known
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Minnesota Real Estate Company, Realtor, And Accountant Indicted For Mail And Wire Fraud …

A federal grand jury returned an indictment against a real estate company, a realtor, and his accountant for participating in a long-running conspiracy
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Why is it important to get approved for a mortgage before home searching?

The first step for buyers who will buy with a financed purchase is to get pre-approved for a mortgage before you find the home you want to buy, and
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Plenty Of Real Estate Action In East Hampton Village

We have very few details, but there has just been a couple of interesting and connected transactions in the Village of East Hampton. For $13.5 million
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Instant Gratification: Millennials' Expectations Drive Demand For Industrial Warehouse Real Estate

Wake up and want Raisin Bran? Order it before you crawl out of bed and it will be there before you finish your first cup of joe, thanks to Seattle's
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