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Netflix investors braced for earnings as Goldman Sachs cuts target

Netflix investors braced for earnings as Goldman Sachs cuts target

Streaming group hopes previous stunning subscriber miss was a one-off episode

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Would you turn down £1bn? Why some people don’t want to inherit

Would you turn down £1bn? Why some people don’t want to inherit

Rich families often define themselves via their philanthropic trusts

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Khashoggi disappearance puts dealmakers on hold

Khashoggi disappearance puts dealmakers on hold

Global bankers have collected more than $1bn in fees from Saudi deals this decade

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Google’s CEO Defends Potential Return to China

Google’s CEO Defends Potential Return to China

Google’s chief executive defended his company’s plan to explore a search engine tailored for users in China despite concerns about censorship.

Published 3 days ago

Italy’s coalition approves draft budget before EU deadline

Italy’s coalition approves draft budget before EU deadline

First step in potentially fraught talks with Brussels over plans to ramp up spending

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Harvard Admissions Chief Defends Policies in First Day of Trial

Harvard Admissions Chief Defends Policies in First Day of Trial

Harvard University’s longtime admissions dean defended the school’s recruitment of prospective students in the first day of a landmark trial accusing Harvard of discriminating against Asian-American applicants.

Published 3 days ago

Judge Dismisses Stormy Daniels’ Defamation Suit Against Trump

Judge Dismisses Stormy Daniels’ Defamation Suit Against Trump

A federal judge in California dismissed a lawsuit brought by Stormy Daniels against President Donald Trump that accused him of defaming her in a tweet.

Published 3 days ago

China’s P2P lenders say regulation will cause industry collapse

China’s P2P lenders say regulation will cause industry collapse

Executives expect lender numbers to drop from more than 1,500 to as few as 50

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Sears, a Onetime Retail Giant, Now Banks on Bankruptcy

Sears, a Onetime Retail Giant, Now Banks on Bankruptcy

Sears controlling shareholder Edward Lampert spent years keeping the retailer out of bankruptcy court. Now a $300 million lifeline and a speedy chapter 11 sale may be his best chance at keeping control of its remains.

Published 4 days ago

Microsoft co-founder Paul Allen dies at age 65

Microsoft co-founder Paul Allen dies at age 65

Earlier this month Mr Allen revealed he had resumed cancer treatment

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U.S. Government Deficit Grew 17% in Fiscal 2018

U.S. Government Deficit Grew 17% in Fiscal 2018

The federal deficit widened last year amid higher government spending—including rising interest costs on the debt and increased funding for the military—and flat revenues following last year’s tax cut.

Published 3 days ago

Microsoft Co-Founder Paul Allen Has Died

Microsoft Co-Founder Paul Allen Has Died

Microsoft co-founder Paul Allen died Monday, two weeks after revealing that a cancer he successfully received treatment for several years ago had returned. He was 65 years old.

Published 3 days ago

Sears Reshaped America, From Kenmore to Allstate

Sears Reshaped America, From Kenmore to Allstate

Sears, a retail pioneer that shaped America’s 20th-century expansion, became distracted by shifting strategies until the internet and a CEO’s unorthodox strategies brought about its collapse.

Published 3 days ago

Harvard Admissions Chief Defends Policies in First Day of Trial

Harvard Admissions Chief Defends Policies in First Day of Trial

Harvard University’s longtime admissions dean defended the school’s recruitment of prospective students in the first day of a landmark trial accusing Harvard of discriminating against Asian-American applicants.

Published 3 days ago