John Giles: Jose Mourinho would have been much better off buying Paul Pogba's international …

John Giles: Jose Mourinho would have been much better off buying Paul Pogba's international …

WHILE Ed Woodward was chasing across Europe to make sure he nailed down Paul Pogba's signature two summers ago, new Chelsea manager Antonio Conte had already been working with N'Golo Kante for a month and at a third of the cost. Woodward got his trophy signing but Conte got the player
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IBM uncovers phishing campaign that has stolen millions from Fortune 500 companies

It's also not discriminating against targets: IBM has found targets in retail, healthcare, financial and professional services, and the Fortune 500, which crosses into a variety of other industries. Harvesting credentials is just scratching the surface of this phishing campaign—it's after the attackers have
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China's Geely Is Buying $9 Billion Stake in Daimler

Chinese manufacturer Zhejiang Geely Holding Group Co. has acquired a stake worth about 7.3 billion euros ($9 billion) in Daimler AG to become the largest investor in the German automaker. Daimler confirmed the holding in a regulatory filing, shortly after Bloomberg News first reported that Geely has
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Everything Is Booming Except for Wages

But one thing is certain — unless economic growth starts translating into bigger raises for the average American worker, the boom will feel hollow to many people. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners. To contact the author of this story:
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Trump Says He Goes to Great Lengths to Hide His Bald Spot

… aboard Air Force One. As Trump climbed the stairs, a wind gust blew aside a flap of hair. Fact Check: Is this Trump's hair blowing in the wind? Our story: https://t.co/swrND0HoEE pic.twitter.com/sL1gaGrLxa. — snopes.com (@snopes) February 8, 2018. Before it's here, it's on the Bloomberg Terminal.
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Trump Calls Deputy a 'Coward' for Not Engaging Florida Shooter

President Donald Trump disparaged an armed sheriff's deputy who was present during a massacre at a Florida high school last week but stayed outside the building, calling him a coward. The president said later that armed and trained teachers would be more likely to face down an attacker because
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Investor in Bribery Case Opens New Attack on Latvian Bank Chief

Grigory Guselnikov, the chairman and majority owner of Riga-based Norvik Banka JSC, said Ilmars Rimsevics, the head of the Bank of Latvia, disparaged his lender in retaliation for alleging the governor sought bribes from him. At a press conference Tuesday, Rimsevics accused Norvik of misleading
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Arbor Realty Trust Reports Fourth Quarter and Full Year 2017 Results and Increases Quarterly …

Arbor is a Top 10 Fannie Mae DUS Multifamily Lender by volume and a Top Fannie Mae Small Loan lender, a Freddie Mac Program Plus Seller/Servicer and the Top Freddie Mac Small Balance Loan Lender, a Fannie Mae and Freddie MacSeniors Housing Lender, an FHA Multifamily Accelerated
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Best of Lex: your weekly round-up

The federal government, having spent $200bn bailing out Fannie Mae and Freddie Mac, decided that future profits would accrue to Washington rather than Wall Street. The three hedgies challenged this on the basis that the Treasury has now recouped its outlay, and some. The Supreme Court ruled
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Las Cruces home prices increase, mortgage rates jump to 4-year high

By choosing the latter, she was betting that her increases in pay over the 24-month period would outpace the rise in home prices and mortgage interest rates that were looming on the horizon. I hope she hedged her bet, because her plan is already falling apart. Since making that fateful decision just over
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Mortgages sell-off will disrupt already-volatile housing market, charities warn

Peter McVerry Trust said that it is concerned with the timing of the proposed mortgages sell-off, while Threshold said that renters could face aggressive tactics from vulture funds trying repossess the home as a result of the sell-off. The charities said that repossessions were more likely under vulture funds
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China Seizes Waldorf Astoria Owner Anbang in Major Corporate Crackdown

Anbang, once China's second-largest insurance group with $300 billion in assets, used high-yielding products to attract clients and customers domestically and used the profits to fund an international buying spree that included both the Waldorf Astoria and a $6 billion deal with Blackstone Group LP (BX
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Current Mortgage Rates Finish Flat on the Week

Already this year we've seen a huge jump in mortgage rates, with the average rate on a 30-year fixed rate mortgage up forty-five basis points to 4.40%, according to the latest numbers from the Freddie Mac Primary Mortgage Market Survey. That's no small spike and the climb isn't expected to end
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US M&A Lending Hits Early Year High With Jumbo Loans

NEW YORK (LPC) – A flurry of huge US acquisitions is pushing high-grade M&A lending to early year highs as blue-chip firms take advantage of US tax reform … Broadcom's record loan, which has required the biggest-ever bank commitments of more than US$10bn each from some lenders, has been
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Independence National Bank Online Banking Reminder

Important Reminders For Independence National Bank Customers Regarding Your Online Banking.
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America's Starmen Are Selling Space, But Who's Buying?

In the short term, delivering American astronauts to the International Space Station will be the cornerstone mission for this new wave of human spaceflight, says John Lodgson, founder of the Space Policy Institute at George Washington University. Beyond that, he says, the crewed launch market looks
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Citi Trends, Inc. (CTRN) EPS Estimated At $0.43; Realty Income (O)'s Sentiment Is 1.27

Citi Trends, Inc. (NASDAQ:CTRN) has risen 16.80% since February 23, 2017 and is uptrending. It has outperformed by 0.10% the S&P500. Realty Income Corporation is a publicly traded real estate investment trust. The company has market cap of $13.91 billion. It invests in the real estate markets of the
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US Bank Partners With AutoGravity For Digital Auto Loans

The news comes just after JPMorgan Chase inked a partnership with AutoFi, a FinTech auto lending company. In a press release, Chase said AutoFi enables customers to choose and finance automobiles through its website, allowing them to complete the purchase process faster. According to the report
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Banks in China's Hebei province hike home mortgage rates

The mortgage interest rate for first-home buyers has been increased by 5-10 per cent over the central bank's long-term benchmark rate, the spokesman for the provincial banking regulator told Reuters. The central bank's benchmark lending rate for loans longer than 5 years, currently at 4.9 per cent,
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Bank of America cautions on potential cryptocurrency threat

Bank of America has warned it could face “substantial” costs as it deals with cryptocurrencies, a sign of the potential threat to the world's largest financial institutions posed by the rise of bitcoin and its alternatives. In its annual filing with the Securities and Exchange Commission, the second-biggest US
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