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 Barclays boss Jes Staley faces a fine from the financial watchdogs 22m Updated Barclays boss Jes Staley faces a fine from the financial watchdogs
Both the Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) claim Jes Staley's actions violated rules that require him to 'act with due skill, care and diligence'.
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Currencies in USD
GBP 1,41 -1,352%
EUR 1,23 -0,569%
CHF 1,03 -0,584%
Honeywell Raises Outlook as Equipment Demand Rises23m Updated Honeywell Raises Outlook as Equipment Demand Rises
Honeywell increased its expectations for earnings and organic sales growth for 2018, citing healthy demand in several segments including commercial aviation and defense.
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 FTSE LIVE: UK markets push higher as sterling slips on Carney comments 36m Updated FTSE LIVE: UK markets push higher as sterling slips on Carney comments
The FTSE 100 closed up 39.25 points at 7368.17 as expectations of a rate rise diminished and the pound fell to $1.40.
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 Government plan to professionalise buy-to-let seems to be working 36m Updated Government plan to professionalise buy-to-let seems to be working
A third of landlords with just one buy-to-let property are planning to sell and give up on buy-to-let, but 38 per cent of landlords who own two or more properties say they are planning to buy.
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Trump Criticizes OPEC, Calling Oil Prices ‘Artificially’ High43m Updated Trump Criticizes OPEC, Calling Oil Prices ‘Artificially’ High
The president’s remarks came as oil prices are at their highest point in years, and as producers gathered for a meeting in the Saudi city of Jidda.
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The Workologist: What to Do When Your Old Boss Won’t Let Go47m The Workologist: What to Do When Your Old Boss Won’t Let Go
A worker escapes a bad supervisor by changing departments — but the old boss is still holding on tight. What is to be done?
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Nissan to cut hundreds of UK jobs1h 4m Updated Nissan to cut hundreds of UK jobs
The carmaker will reduce its Sunderland workforce by hundreds amid a decline in sales of diesel cars.
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Wells Fargo Pays $1 Billion to Federal Regulators1h 37m Updated Wells Fargo Pays $1 Billion to Federal Regulators
The fines against the bank settle investigations into its lending practices. They are the biggest bank penalties imposed under the Trump administration.
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Vocations: Her Start in the Air Force Led to a Surprising Place1h 37m Vocations: Her Start in the Air Force Led to a Surprising Place
A luxury hotel sales executive started her career in the military, where her wartime job would be to plot possible nuclear, biological and chemical fallout.
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Economic View: How the Loss of Union Power Has Hurt American Manufacturing1h 39m Economic View: How the Loss of Union Power Has Hurt American Manufacturing
The nation’s union leaders once had the president’s ear through seats in the cabinet as secretaries of labor. And then they stopped getting that job.
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Bank of England gives mixed signals on rate rise, Trump slams Opec on oil prices - as it happened1h 45m Bank of England gives mixed signals on rate rise, Trump slams Opec on oil prices - as it happened
Mark Carney, the governor of the Bank of England, suggests expectations that UK interest rates will rise in May could be overblown. But his colleague Michael Saunders says the economy no longer needs as much stimulus
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Nissan to cut hundreds of jobs at Sunderland plant1h 51m Nissan to cut hundreds of jobs at Sunderland plant
Plummeting diesel sales deal another employment blow to the UK automotive industry Nissan is to cut hundreds of jobs at its Sunderland plant, Britain’s biggest car factory, as plummeting diesel sales dealt another employment blow to the UK automotive industry.
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Why You Should Hire a Financial Planner, Even if You’re Not Rich1h 51m Updated Why You Should Hire a Financial Planner, Even if You’re Not Rich
Now that tax time has passed, give yourself a financial fresh start and get some help to make the right money moves for next year.
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Bank of England gives mixed signals on rate rise, Trump slams Opec on oil prices - live2h Updated Bank of England gives mixed signals on rate rise, Trump slams Opec on oil prices - live
Mark Carney, the governor of the Bank of England, suggests expectations that UK interest rates will rise in May could be overblown. But his colleague Michael Saunders says the economy no longer needs as much stimulus
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Takeda Sweetens Takeover Proposal for Shire2h Updated Takeda Sweetens Takeover Proposal for Shire
Japan’s Takeda said it had made a sweetened proposal to buy Shire after its three previous bids for the rival drugmaker that has drawn broader interest across the sector were rejected.
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Hammond: Brexit transition deal has averted City job losses2h Hammond: Brexit transition deal has averted City job losses
Chancellor gives upbeat assessment of state of UK economy at IMF meeting A damaging haemorrhage of jobs from the City has been averted by the signing of a
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2h Wall Street Hit by Tech, Oil Weakness
U.S. stock indexes fell on Friday, with Apple leading declines in the technology sector and as energy companies took a hit from lower oil prices after President Donald Trump's criticism on OPEC.
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Why Trump Lashed Out at OPEC: DealBook Briefing2h Updated Why Trump Lashed Out at OPEC: DealBook Briefing
The president’s attack on OPEC reflects concern that the oil production caps may mean more costs for U.S. consumers and erode their tax savings.
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Your Money Adviser: For Workers Without Retirement Savings, State-Run I.R.A.s Can Pay Off2h Your Money Adviser: For Workers Without Retirement Savings, State-Run I.R.A.s Can Pay Off
A Pew study found that people could use the money in their state accounts to delay taking Social Security benefits. That would lead to higher federal payments.
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Takeda Sweetens Takeover Bid for Shire3h Updated Takeda Sweetens Takeover Bid for Shire
Japan’s Takeda said it had made a sweetened proposal to buy Shire after its three previous bids for the rival drugmaker that has drawn broader interest across the sector were rejected.
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Let’s move to Stockport, Greater Manchester: ‘It’s a game of two halves’3h Let’s move to Stockport, Greater Manchester: ‘It’s a game of two halves’
With staggering deprivation, and swathes of wealth in Victorian suburbs, it’s arriving fashionably late to the regeneration party
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GE Takes Hit From Old Mortgage Unit, Cites Other Progress3h Updated GE Takes Hit From Old Mortgage Unit, Cites Other Progress
GE reported a quarterly loss on a $1.5 billion charge related to a subprime mortgage business it once owned, but executives said they were making progress on their efforts to turn around its industrial businesses.
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What would a base rate rise to 2% mean for your mortgage?3h What would a base rate rise to 2% mean for your mortgage?
Bank rate rise could cost average homebuyer an extra £138 each month on £175,00 mortgage Interest rate rises may be gradual, but they won’t be glacial, Michael Saunders, a member of the Bank of England’s rate-setting committee has said, hinting that
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Homebase bidders lured with £100m dowry3h Homebase bidders lured with £100m dowry
Bidders for Homebase are being enticed with a huge dowry as the DIY chain's Australian owner seeks a fast-track exit from its disastrous foray into the UK retail sector.
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Why we have changed our market data pages3h Why we have changed our market data pages
The reasons behind changes to the market data service on BBC News Online.
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Senior Porsche Executive Arrested in Connection With Volkswagen Scandal4h Senior Porsche Executive Arrested in Connection With Volkswagen Scandal
German police have arrested a senior Porsche executive in the wake of raids this week to gather evidence allegedly linking the sports car maker to Volkswagen’s emissions scandal.
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Why should future whistleblowers believe they will be safe? | Nils Pratley4h Why should future whistleblowers believe they will be safe? | Nils Pratley
Barclays’ Jes Staley tried to identify such an individual and has been allowed to keep his job Jes Staley, chief executive of Barclays, had already conceded
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Wealth Matters: An E.R. That Treats You Like a V.I.P.4h Wealth Matters: An E.R. That Treats You Like a V.I.P.
Concierge emergency rooms offer faster treatment and personal care to those who can afford it. Some will even walk your dog.
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Wells Fargo to pay $1bn in largest fine levied against a bank under Trump4h Wells Fargo to pay $1bn in largest fine levied against a bank under Trump
Fine had been widely anticipated and comes after Donald Trump warned that administration planned to hold the bank to account Wells Fargo has agreed to pay $1bn to settle claims tied to its auto insurance, mortgage and other financial products in what is the largest fine levied against a major bank so far in the Trump administration. The penalty is part of a settlement between the bank and two regulators, the Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of the Currency, that derives from a series of consumer-practice crises at the bank.
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Wells Fargo hit by record $1bn penalty4h Updated Wells Fargo hit by record $1bn penalty
The third-largest US bank is fined for issues at its car insurance and mortgage businesses.
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Bank of England gives mixed signals on rate rise - business live4h Updated Bank of England gives mixed signals on rate rise - business live
Mark Carney, the governor of the Bank of England, suggests expectations that UK interest rates will rise in May could be overblown. But his colleague Michael Saunders says the economy no longer needs as much stimulus
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Wanted: New Home for a Lot of Russian Aluminum4h Updated Wanted: New Home for a Lot of Russian Aluminum
Russia’s Rusal, which produced 3.7 million tons of aluminum last year, is looking for a new home for its output. U.S. sanctions mean that almost no Western buyer, or Washington’s allies like Japan, will touch the metal.
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Failed Foot-Care Gadget Trips Up Reckitt4h Updated Failed Foot-Care Gadget Trips Up Reckitt
One of consumer-goods giant Reckitt Benckiser’s highest-profile innovations in recent years is proving to be a lingering thorn in its heel.
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Party City Offers Ramadan Decorations, a First for a Big U.S. Retailer5h Party City Offers Ramadan Decorations, a First for a Big U.S. Retailer
With Ramadan, the holiest month in Islam, on the way, many Muslims see the items as a welcome addition to their festivities.
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Barclays CEO Jes Staley faces fine over whistleblower incident5h Updated Barclays CEO Jes Staley faces fine over whistleblower incident
City watchdogs say he broke rules of conduct in his attempts to identify 2016 whistleblower Barclays’ £3.9m-a-year chief executive, Jes Staley, is to keep his job despite facing a reprimand and a fine from regulators over his attempts to unmask an internal whistleblower.
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Trump targets Opec over high oil prices5h Updated Trump targets Opec over high oil prices
The US President criticises producer group Opec and says high oil prices "will not be accepted".
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Bits: Kevin’s Week in Tech: Jeff Bezos Reminds Tech Who’s Boss5h Bits: Kevin’s Week in Tech: Jeff Bezos Reminds Tech Who’s Boss
Amazon’s chief executive sent out his annual shareholder letter this week. Our tech columnist recounts what stood out from it.
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Scottish Power raises energy bills for nearly 1m households5h Scottish Power raises energy bills for nearly 1m households
A 5.5% increase on a typical dual fuel bill for 960,000 customers is announced Nearly 1 million households will see their energy bills jump by £63 a year after Scottish Power became the fourth of the big six suppliers to raise their prices.
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Wells Fargo Faces Another Huge Fine. Is That Too Much?: DealBook Briefing5h Updated Wells Fargo Faces Another Huge Fine. Is That Too Much?: DealBook Briefing
A $1 billion fine against the lender is the latest punishment for its lengthy series of misdeeds. But has the bank paid its dues yet?
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Sale at Heathrow Terminal 1. Everything Must Go.6h Sale at Heathrow Terminal 1. Everything Must Go.
The entire contents of the aged building, which opened in the 1960s, will be up for auction before it’s torn down to make way for Terminal 2’s expansion.
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Apple Struggles With Effort to Diversify Screen Suppliers6h Updated Apple Struggles With Effort to Diversify Screen Suppliers
Apple’s efforts to line up a second supplier for its high-end smartphone screens have hit a hurdle because LG Display is struggling to make them, according to people familiar with the matter.
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Race management6h Race management
This weekend's London Marathon will make 90,000 compostable cups available for runners.
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Pound trims losses as Bank of England gives mixed signals on rate rise - business live6h Updated Pound trims losses as Bank of England gives mixed signals on rate rise - business live
Mark Carney, the governor of the Bank of England, suggests expectations that UK interest rates will rise in May could be overblown. But his colleague Michael Saunders says the economy no longer needs as much stimulus
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 How new drivers can save £800 a year on their car insurance policy 6h Updated How new drivers can save £800 a year on their car insurance policy
By adding a second driver to a car insurance policy the costs can be cut significantly for young drivers and in one example we saw savings of £800 per year.
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Moya Greene to step down as Royal Mail’s chief executive6h Moya Greene to step down as Royal Mail’s chief executive
Greene will hand over to Rico Back after eight-year tenure that included postal service’s privatisation Moya Greene, one of the FTSE 100’s few female bosses, is to step down from the helm of
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 Koovs hoping for interim funding until end of August 2018 6h Koovs hoping for interim funding until end of August 2018
India-focused online fashion firm Koovs PLC was the week’s biggest small cap gainer, leaping 21% higher to 10.6p
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DealBook Briefing: Wells Fargo Faces Another Huge Fine. Is That Too Much?6h DealBook Briefing: Wells Fargo Faces Another Huge Fine. Is That Too Much?
A $1 billion fine against the lender is the latest punishment for its lengthy series of misdeeds. But has the bank paid its dues yet?
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Scottish Power to raise gas and electricity prices7h Scottish Power to raise gas and electricity prices
The move follows recent increases announced by energy giants EDF Energy and British Gas.
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 Scottish Power to increase energy prices by 5.5% 7h Updated Scottish Power to increase energy prices by 5.5%
It will affect around 960,000 customers paying its standard variable tariff who will see their bills rise to an average of £1,211, from £1,147, from 1 June.
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Relief at Barclays as regulators show teeth7h Relief at Barclays as regulators show teeth
There will be a profound sense of relief at Barclays that Jes Staley, its chief executive, has not lost his job as a result of his attempts to unmask a whistleblower.
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Kardashians pull the plug on Dash fashion stores7h Kardashians pull the plug on Dash fashion stores
Kim Kardashian West and her sisters Kourtney and Khloe opened the first store in California in 2006.
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 How much does the Property Ombudsman pay out in compensation? 7h Updated How much does the Property Ombudsman pay out in compensation?
The Property Ombudsman acts on behalf of consumers and can win back money they've lost during a dispute with their estate agent, but is it worth using? We ask the boss.
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Pound dips as Bank of England gives mixed signals on rate rise - business live7h Updated Pound dips as Bank of England gives mixed signals on rate rise - business live
Mark Carney, the governor of the Bank of England, suggests expectations that UK interest rates will rise in May could be overblown. But his colleague Michael Saunders says the economy no longer needs as much stimulus
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Pound dips as Carney casts doubt on May rate rise - business live8h Updated Pound dips as Carney casts doubt on May rate rise - business live
The pound falls after Mark Carney, the governor of the Bank of England, suggests expectations that UK interest rates will rise in May could be overblown
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Bargaining Chips in a Trade War8h Bargaining Chips in a Trade War
U.S. semiconductor makers are vulnerable because they produce and sell a lot in China, where deal making may also prove difficult.
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Million Scottish Power customers to see bills rise8h Million Scottish Power customers to see bills rise
Scottish Power is to increase energy bills for almost one million customers by an average of 5.5% - or £63 a year.
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Sketch Guy: Fake Experts Abound. Here’s How to Find (and Be) a Real One.9h Sketch Guy: Fake Experts Abound. Here’s How to Find (and Be) a Real One.
Real experts wait, listen and notice patterns. Fake ones raise their hands and start talking. Lots of people know the difference. Many more should.
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Philip Morris Shares Suffer Biggest Daily Fall in a Decade10h Philip Morris Shares Suffer Biggest Daily Fall in a Decade
Shares of tobacco companies tumbled after Philip Morris said cigarette shipments fell more than expected and sales for its cigarette alternative started to stall in a key market—raising wider alarm about the health of the entire tobacco industry.
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 Why is the broadband in our new build so slow? 10h Updated Why is the broadband in our new build so slow?
Ben Mains and his partner, bought their new build home in August 2016, but when they moved in found there was no way to access a decent speed of broadband.
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 The worst telecoms companies revealed 10h Updated The worst telecoms companies revealed
The main reason for complaints from TalkTalk customers was faults with the service followed by issues with its complaints handling process and then problems with its billing, prices and charges.
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Barclays Chief Executive Staley Fined Over Whistle-Blower Scandal11h Barclays Chief Executive Staley Fined Over Whistle-Blower Scandal
The bank said that it will continue to stand by its leader, as it struggled to set aside years of lackluster results and management turmoil.
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Fast-Growing Shire Had Pharmaceutical Rivals in a Takeover Frenzy11h Updated Fast-Growing Shire Had Pharmaceutical Rivals in a Takeover Frenzy
Drugmaker Shire rebuffed a takeover bid from rival Takeda Pharmaceutical, then Allergan took a look.
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 Cancer and your finances: The extra help you might not know about 11h Cancer and your finances: The extra help you might not know about
Those going through cancer treatment and coping with the after effects are faced with a whole host of extra costs. Here's where you can get help from energy bills to wigs.
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Royal Mail boss Moya Greene to retire11h Royal Mail boss Moya Greene to retire
The Canadian who oversaw the privatisation of the postal service will step down in June.
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Barclays CEO Jes Staley facing fine over whistleblower incident11h Barclays CEO Jes Staley facing fine over whistleblower incident
City watchdogs say he broke rules of conduct in his attempts to identify 2016 whistleblower Barclays’ chief executive, Jes Staley, is facing a financial penalty for an alleged breach of conduct after City watchdogs completed an investigation into
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Royal Mail boss Moya Greene steps down11h Royal Mail boss Moya Greene steps down
The Canadian who oversaw the privatisation of the postal service will step down in September.
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Royal Mail boss Moya Greene to step down 12h Royal Mail boss Moya Greene to step down
Royal Mail's chief executive Moya Greene is to step down after more than eight years in charge with almost £1m in pay and bonus.
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Watchdogs to fine Barclays boss over whistle blower 12h Watchdogs to fine Barclays boss over whistle blower
UK financial regulators are to fine Barclays chief executive Jes Staley over attempts to uncover the author of an anonymous letter.
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The best tiny homes for sale – in pictures12h The best tiny homes for sale – in pictures
These properties may be small, but they’re packed with character – and in one case, have their own model village
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Southwest Accident Shows Passengers Unprepared for Emergencies13h Updated Southwest Accident Shows Passengers Unprepared for Emergencies
Airlines and regulators have spent years refining the procedures they count on to save lives during accidents like the engine failure that killed a Southwest Airlines Co. passenger this week.
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World Bank recommends fewer regulations protecting workers13h World Bank recommends fewer regulations protecting workers
Unions alarmed by suggestion that deep structural reforms are required to adjust to changing nature of work
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Fast-Growing Shire PLC Had Pharmaceutical Rivals in a Takeover Frenzy13h Updated Fast-Growing Shire PLC Had Pharmaceutical Rivals in a Takeover Frenzy
Drugmaker Shire rebuffed a takeover bid from rival Takeda Pharmaceutical, then Allergan took a look.
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Wheels: Cars That Will Get Your Grad Down the Road of Life14h Updated Wheels: Cars That Will Get Your Grad Down the Road of Life
With any luck, your son or daughter has a job to go with that sheepskin. Here are some suggestions if that newly minted adult needs a way to get there.
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Engine on Southwest Jet Not the Only One to Develop Cracks15h Updated Engine on Southwest Jet Not the Only One to Develop Cracks
Jet engines from three different manufacturers have developed problems, which has prompted questions about their design, operation and inspection.
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AT&T Chief Takes Stand to Defend Time Warner Deal15h Updated AT&T Chief Takes Stand to Defend Time Warner Deal
AT&T’s Randall Stephenson began his court testimony defending his company’s $85 billion acquisition of Time Warner against the Justice Department’s antitrust claims.
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Philip Morris Shares Plunge for Worst Day in a Decade15h Updated Philip Morris Shares Plunge for Worst Day in a Decade
Shares of tobacco companies tumbled after Philip Morris said cigarette shipments fell more than expected and sales for its cigarette alternative started to stall in a key market—raising wider alarm about the health of the entire tobacco industry.
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In a Trade War, China Might Boycott U.S. Goods. That Could Backfire.15h Updated In a Trade War, China Might Boycott U.S. Goods. That Could Backfire.
State media have hinted that Beijing could weaponize its consumers in a trade war. But American brands are popular in China — and Chinese workers make many of their products.
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On Southwest 1380, Confusion and Distraction as Oxygen Masks Dropped16h On Southwest 1380, Confusion and Distraction as Oxygen Masks Dropped
Selfies and videos taken on the plane, whose engine exploded, show panicked passengers with the masks around their mouths but not their noses.
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Proposed U.S. Tariffs on China Risk Penalizing Manufacturers Unevenly17h Updated Proposed U.S. Tariffs on China Risk Penalizing Manufacturers Unevenly
President Donald Trump’s proposed tariffs on China stand to disproportionately hurt U.S. manufacturers that rely more on Chinese imports, potentially driving up costs that would put them at a competitive disadvantage and raising consumer prices.
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Australia bank inquiry ousts first executive amid fee scandal17h Australia bank inquiry ousts first executive amid fee scandal
The head of the nation's largest wealth manager steps down over a damaging fee scandal.
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Square Feet: Stewart Airport Adopts a New Identity: New York Area’s Budget Flight Hub17h Updated Square Feet: Stewart Airport Adopts a New Identity: New York Area’s Budget Flight Hub
Plans for growth follow a pattern in Europe and Asia where low-cost airlines reinvigorate smaller airports on the outskirts of major cities.
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Common Sense: Punishing Wells Fargo: Just Deserts, or Beating a Dead Horse?18h Updated Common Sense: Punishing Wells Fargo: Just Deserts, or Beating a Dead Horse?
The bank deserved to pay for its reprehensible transgressions. But our columnist asks whether further punishment may just be hurting the shareholders.
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As Engine Failed, F.A.A. Was Considering Rules That Might Have Made a Difference18h As Engine Failed, F.A.A. Was Considering Rules That Might Have Made a Difference
A 2016 engine failure set airlines and regulators on a path to more stringent testing. But the process wasn’t completed before an apparently similar failure left a woman dead.
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 Tandem Bank launches first savings accounts paying up to 2.3% 18h Updated Tandem Bank launches first savings accounts paying up to 2.3%
Digital challenger bank, Tandem, has launched its first ever savings accounts. It has started with three competitive fixed-rate accounts. We take a look.
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F.D.A. Panel Recommends Approval of Cannabis-Based Drug for Epilepsy18h Updated F.D.A. Panel Recommends Approval of Cannabis-Based Drug for Epilepsy
Epidiolex was developed to treat two rare and devastating forms of the disease. It contains a chemical compound found in marijuana but not the one that makes people high.
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FDA Panel Backs Proposed Epilepsy Drug Derived From Cannabis19h FDA Panel Backs Proposed Epilepsy Drug Derived From Cannabis
An FDA advisory panel recommended approval of what could become the first prescription drug in the U.S. derived from the marijuana plant, as a treatment for people with rare forms of epilepsy.
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Mattel Taps Its Fourth CEO in as Many Years19h Mattel Taps Its Fourth CEO in as Many Years
Mattel hired former studio executive Ynon Kreiz to succeed CEO Margo Georgiadis after about one year in the job, a surprising shake-up at a toy maker searching for a strategy that can end a four-year sales slump.
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Solar sailing19h Solar sailing
How can you create public transport in the jungle without polluting it? The isolated Achuar peoples of Ecuador have created an ingenious solution.
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Qualcomm Job Cuts Total 4.4% So Far19h Qualcomm Job Cuts Total 4.4% So Far
Chip maker Qualcomm began laying off employees, pursuing a promise to investors to boost profit by shedding $1 billion in expenses.
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AT&T Chief Attacks Lawsuit to Block Time Warner Merger19h Updated AT&T Chief Attacks Lawsuit to Block Time Warner Merger
Randall Stephenson, AT&T’s chief executive, defended his deal to buy Time Warner and said a combined company would be no different than those that already exist in Silicon Valley.
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Wells Fargo Said to Be Target of $1 Billion U.S. Fine19h Updated Wells Fargo Said to Be Target of $1 Billion U.S. Fine
Two federal regulators are expected to penalize the bank for its alleged misconduct, people familiar with the action said.
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Robo farmers19h Robo farmers
Farmers are working on robotic solutions due to a shortage of human workers to pick difficult crops.
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Meet the robots that can pick and plant better than we can19h Meet the robots that can pick and plant better than we can
Farmers are turning to robots to plant seedlings and pick produce because of human worker shortages.
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Premier League club revenues soar to £4.5bn19h Premier League club revenues soar to £4.5bn
England's top 20 teams posted record revenues and also bounced back into profit in the 2016-17 season.
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Premier League players net £2.5bn in wages19h Premier League players net £2.5bn in wages
Premier League footballers took home £2.5bn in wages for the first time last season, though pay growth was at its weakest for 20 years when compared with surging club revenues.
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Misused Masks Highlight Challenges of Preparing Passengers for Emergencies19h Misused Masks Highlight Challenges of Preparing Passengers for Emergencies
Airlines and regulators have spent years refining the procedures they count on to save lives during accidents like the engine failure that killed a Southwest Airlines Co. passenger this week.
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A.I. Researchers Are Making More Than $1 Million, Even at a Nonprofit19h Updated A.I. Researchers Are Making More Than $1 Million, Even at a Nonprofit
Tax forms filed by OpenAI provide insight into the enormous salaries and bonuses paid to artificial intelligence specialists across the world.
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Wells Fargo Is About to be Hit With $1 Billion Fine: DealBook Briefing20h Updated Wells Fargo Is About to be Hit With $1 Billion Fine: DealBook Briefing
Federal regulators are poised to impose a $1 billion penalty on Wells Fargo for a variety of alleged misdeeds.
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Xerox Says CEO Had Authority on Fujifilm Deal Talks20h Updated Xerox Says CEO Had Authority on Fujifilm Deal Talks
Xerox Corp. defended Chief Executive Jeff Jacobson against a billionaire shareholder’s accusations and said he had proper board authority to negotiate a deal with Fujifilm Holdings Inc.
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Mattel Names New CEO as It Seeks Answer to Sales Slump20h Updated Mattel Names New CEO as It Seeks Answer to Sales Slump
Mattel hired former studio executive Ynon Kreiz to replace CEO Margo Georgiadis after about one year in the job, a surprising shake-up at a toy maker searching for a strategy that can end a four-year sales slump.
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20h Updated Tobacco and Tech Drag on Wall Street; Yields Boost Banks
Wall Street's three major indexes closed lower on Thursday, with tobacco stocks leading a tumble in consumer staples while concerns about smartphone demand hurt the technology sector and rising bond yields and earnings helped financials rebound.
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Philadelphia Police Chief Apologizes for Starbucks Incident20h Updated Philadelphia Police Chief Apologizes for Starbucks Incident
Philadelphia Police Commissioner Richard Ross offered an apology to two black men who were arrested last week at a Starbucks.
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Why Paying for Fast Shipping Could Get You Flagged as a Fraudster20h Updated Why Paying for Fast Shipping Could Get You Flagged as a Fraudster
When people shop online, their movements are tracked and shared with an outside firm that scores their behavior and decides whether to approve or deny purchases.
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G.E. Makes a Sharp ‘Pivot’ on Digital20h Updated G.E. Makes a Sharp ‘Pivot’ on Digital
The industrial giant plunged into internet-era software with gusto. But it has trimmed back after finding that becoming a tech player is daunting and costly.
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As Opioid Prescriptions Fall, Prescriptions for Drugs to Treat Addiction Rise20h Updated As Opioid Prescriptions Fall, Prescriptions for Drugs to Treat Addiction Rise
New data suggests progress in efforts to curb the epidemic but raises questions about whether tightened prescribing may be leading some people to heroin and fentanyl.
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Profile: CNN’s Jake Tapper Has Emerged as a Staunch Defender of Facts in the Trump Era. So Why Is He Writing Fiction?21h Profile: CNN’s Jake Tapper Has Emerged as a Staunch Defender of Facts in the Trump Era. So Why Is He Writing Fiction?
Tapper’s debut novel, “The Hellfire Club,” a historical thriller set in 1950s Washington, has some unsettling parallels to today’s political climate.
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Big Brands Like Raising Prices, but It Is Getting Harder21h Updated Big Brands Like Raising Prices, but It Is Getting Harder
The world’s biggest consumer-products makers are struggling to raise prices, as fierce competition keeps a lid on sales growth.
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 Murdoch and sons would get £145m if sale of Fox to Disney goes through 21h Murdoch and sons would get £145m if sale of Fox to Disney goes through
The 87-year-old mogul is due to pick up a maximum of £47m from the deal. His sons and fellow Fox directors Lachlan, left, and James, right, will get up to £48.7m and £49.7m respectively.
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You Won’t Have to Wait in Line for Micromerch21h You Won’t Have to Wait in Line for Micromerch
Niche stars and not-quite celebrities are churning out namesake products — T-shirts, coloring books, tissue boxes — made for a dedicated few.
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 Britain goes for a record 55 hours without coal power 21h Britain goes for a record 55 hours without coal power
The 55-hour, coal-free period ran from 10.25pm on Monday until 5.10am yesterday. The UK is trying to get rid of coal-fired generation by 2025 to protect the environment.
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 Drug firm Shire in £42bn takeover tug-of-war 21h Drug firm Shire in £42bn takeover tug-of-war
The FTSE 100 firm which is based in Ireland, but has offices in the UK, yesterday revealed it had already fought off three proposals from Japan’s Takeda.
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 MARKET REPORT: Analysts want the Hammerson chiefs axed 21h MARKET REPORT: Analysts want the Hammerson chiefs axed
The owner of the Bullring shopping mall in Birmingham was forced into an embarrassing U-turn after a shareholders' revolt.
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 ALEX BRUMMER: Tech giants in the line of fire at the IMF spring meeting 21h ALEX BRUMMER: Tech giants in the line of fire at the IMF spring meeting
The pervasive role of the 'FANG' giants – Facebook, Apple, Netflix and Google – on the global economy made a guest appearance at Christine Lagarde's opening press conference.
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 DAILY BRIEFING: Defence firm Ultra Electronics is probed by the Serious Fraud Office 21h DAILY BRIEFING: Defence firm Ultra Electronics is probed by the Serious Fraud Office
It reported itself to the SFO and is cooperating with the probe. Algeria is a tiny market for Ultra. It made around £400,000 in sales there last year, compared to total revenue of £775m.
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 IMF boss Christine Lagarde warns of UK gloom until Brexit terms are finalised 21h IMF boss Christine Lagarde warns of UK gloom until Brexit terms are finalised
‘The cloud of uncertainty that covers the British economy is certainly one of the causes why it is not enjoying the same kind of upswings as the other advanced economies,’ said Christine Lagarde.
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 The astonishing perks of the Metro Bank tycoon Vernon Hill 21h The astonishing perks of the Metro Bank tycoon Vernon Hill
Flamboyant US businessman Vernon Hill gets £120,000 a year to cover trips to London to run the lender, which is held up as a champion for fairer banking.
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Philip Morris Shares on Track for Worst Day in a Decade21h Updated Philip Morris Shares on Track for Worst Day in a Decade
Philip Morris was on track for its worst percentage decline in a decade, dragging down other tobacco stocks as cigarette volumes dropped more than expected and the IQOS product experienced slower growth.
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 Why B&Q may quit giant megastores and open High St convenience shops 22h Updated Why B&Q may quit giant megastores and open High St convenience shops
Veronique Laury, chief executive of B&Q owner Kingfisher, outlined her vision for the future of the company, which also owns Screwfix in the UK and other DIY shops overseas.
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22h Tobacco and Tech Drag Down Wall Street
Wall Street's three major indexes declined on Thursday with tobacco stocks leading a tumble in consumer staples while concerns about smartphone demand hurt the technology sector and rising bond yields and earnings helped financials rebound.
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National Enquirer Parent, Staunch Trump Backer, Faces Mounting Debt, Shrinking Sales22h Updated National Enquirer Parent, Staunch Trump Backer, Faces Mounting Debt, Shrinking Sales
American Media Inc., publisher of the National Enquirer supermarket tabloid, faces ballooning debt, falling revenue and shrinking newsstand sales, according to company reports reviewed by The Wall Street Journal.
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Mattel CEO Margo Georgiadis in Talks to Leave Company22h Updated Mattel CEO Margo Georgiadis in Talks to Leave Company
Mattel Chief Executive Margo Georgiadis is in discussions to leave the toy maker, in what would be an abrupt exit at a company struggling with slumping sales and in the midst of a restructuring.
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A Russia-Focused V.C. Firm Opens in the U.S.: DealBook Briefing22h A Russia-Focused V.C. Firm Opens in the U.S.: DealBook Briefing
The European Union could be the immovable object that frustrates President Trump’s combative trade agenda. But that outcome is looking less likely.
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22h Updated Apple, Philip Morris, Chips Lead Slide on Wall Street
U.S. stocks fell on Thursday, as technology stocks from Apple to chipmakers declined following a weak forecast on smartphone demand, while a sharp drop in Philip Morris's shares after results weighed on the consumer staples sector.
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Trump Wants to Close Trade Gap, but Leaves Export Agency in Limbo22h Updated Trump Wants to Close Trade Gap, but Leaves Export Agency in Limbo
The Export-Import Bank has been effectively crippled, and big business groups are angry that the board of the bank has been left completely vacant.
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Jean McFaddin, Who Made the Macy’s Parade What It Is, Dies at 7523h Updated Jean McFaddin, Who Made the Macy’s Parade What It Is, Dies at 75
Ms. McFaddin transformed a Thanksgiving tradition into a spectacular, then turned her hand to Santaland, a flower extravaganza and fireworks on the Fourth.
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Common Sense: Punishing Wells Fargo: Just Desserts, or Beating a Dead Horse?23h Common Sense: Punishing Wells Fargo: Just Desserts, or Beating a Dead Horse?
The bank deserved to pay for its reprehensible transgressions. But our columnist asks whether further punishment may just be hurting the shareholders.
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In a U.S.-China Tech Battle, Companies Are Caught in Middle23h Updated In a U.S.-China Tech Battle, Companies Are Caught in Middle
The U.S. and China’s tit-for-tat measures have put tech firms at the center of an escalating trade fight, placing new constraints on the companies’ strategic plans and threatening their access to giant markets.
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 How to buy the right bike insurance 23h How to buy the right bike insurance
Last year there were 93,571 bike thefts and 257,000 in total in the UK have been reported stolen since 2015.
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 ALEX BRUMMER: Global debt levels hit 225% of total world output 23h Updated ALEX BRUMMER: Global debt levels hit 225% of total world output
The spring of 2018 is starting to feel a bit like that of a decade ago on the eve of the financial crisis. On the surface all looks swell, even if the azaleas are delayed by a prolonged cold spell.
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UK interest rates rise not a foregone conclusion, says Bank23h UK interest rates rise not a foregone conclusion, says Bank
Biggest decisions in next few years will be in response to Brexit negotiations, says Carney Expectations that UK interest rates will rise in May could be overblown, the governor of the Bank of England has indicated. Mark Carney said that while more rate increases would be coming over the next few years, some of the recent economic data had been softer and inflation had fallen faster than the Bank’s policymakers were predicting in February.
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Allergan Mulls Bid for Drugmaker Shire After $60 Billion Takeda Offer23h Updated Allergan Mulls Bid for Drugmaker Shire After $60 Billion Takeda Offer
A potential bidding war for drugmaker Shire erupted after Japan’s Takeda said it made a $60 billion takeover offer and U.S. rival Allergan disclosed that it was considering making its own bid.
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Shire saga smells of over​adventurous engineering23h Shire saga smells of over​adventurous engineering
It is not obvious that Takeda or Allergan can make the takeover numbers work Roll up, roll up, who wants to buy Shire? The FTSE 100 pharmaceutical company, itself built by acquisitions, is suddenly
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Pizza Hut UK ‎finally poised to change hands24h Pizza Hut UK ‎finally poised to change hands
The British operations of Pizza Hut will be sold in the next‎ few days to a buyout team led by its chief executive, even as rival casual dining chains face painful restructurings or bankruptcy.
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UK interest rates hike not a foregone conclusion, says Bank24h UK interest rates hike not a foregone conclusion, says Bank
Biggest decisions in next few years will be in response to Brexit negotiations, says Carney Expectations that UK interest rates will rise in May could be overblown, the governor of the Bank of England has indicated. Mark Carney said that while more rate hikes would be coming over the next few years, some of the recent economic data had been softer and inflation had fallen faster than the Bank’s policymakers were predicting in February.
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Will E.U. Stymie Trump’s Trade Agenda? Maybe Not: DealBook Briefing24h Will E.U. Stymie Trump’s Trade Agenda? Maybe Not: DealBook Briefing
The European Union could be the immovable object that frustrates President Trump’s combative trade agenda. But that outcome is looking less likely.
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Shire faces bid battle from Allergan and Takeda24h Updated Shire faces bid battle from Allergan and Takeda
Allergan may bid for the London-listed rare diseases drug maker after Takeda confirms interest.
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Oil price hits three-year high of $74 a barrel24h Oil price hits three-year high of $74 a barrel
Brent crude has risen 1.7% – reaching its highest level since November 2014 Oil has hit a new three-and-a-half-year peak, and other commodity prices – notably nickel and aluminium – moved sharply higher as Donald Trump’s sanctions and the continuing conflict in Syria fuelled fears of supply shortages. Brent crude rose 1.7% to $74.74 (£52.67) a barrel on Thursday, the highest level since November 2014 when oil group Opec began increasing production to protect its market share, a move that subsequently led to a supply glut and a price slump to $27 a barrel just over a year later. More recently Opec had agreed with Russia, another major supplier, to
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Iceland Takes Hard Look at Tech Boom Sparked by Its Cheap, Bountiful Power24h Updated Iceland Takes Hard Look at Tech Boom Sparked by Its Cheap, Bountiful Power
Lawmakers worry a proliferation of data centers lured by Iceland’s Nordic climate and the geothermal steam is threatening the environment and tourism.
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Market power wielded by US tech giants concerns IMF chief25h Market power wielded by US tech giants concerns IMF chief
Christine Lagarde feels ‘too much concentration in hands of the few’ does not help economy The head of the International Monetary Fund, Christine Lagarde, has expressed concern about the market power wielded by the US technology giants and called for more competition to protect economies and individuals. Speaking at a press conference to mark the start of the IMF’s spring meeting in Washington, Lagarde said
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Allergan hovers as Takeda fails with £44bn Shire takeover bid25h Allergan hovers as Takeda fails with £44bn Shire takeover bid
Shire shares rise after Allergan said it was considering making an offer for maker of ADHD medicine Adderall Drugs company
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 Which funds were most popular over Isa season? 25h Updated Which funds were most popular over Isa season?
DIY investors sought out funds that offered geographical or asset class diversification amid growing global political turbulence, according to Fidelity.
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Victory over Pret a Manger means the fight against misleading labels is on | Joanna Blythman26h Victory over Pret a Manger means the fight against misleading labels is on | Joanna Blythman
Challenging terms such as ‘natural’ is difficult, but the Real Bread Campaign’s win against the chain proves it can be doneWhen it comes to labelling, food retailers run rings around their customers, and mainly get away with it. They weave a lexicon of feelgood terms – “fresh”, “handmade”, “artisan”, “local”, “farmhouse”, “healthy”, “natural” – into their marketing messages, which just happens to encourage us to assume that two and two makes five, or even six or seven. It’s known as the halo effect: by highlighting one appealing selling point you erect an canopy of goodness around the entirety of the product, irrespective of whether it is merited. Challenging such terms is tough. Regulations covering them are sketchy and open to legal argument on a case-by-case basis, which makes the Real Bread Campaign’s
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Southwest Accident Raises Prospect Industry Underestimates Key Risk26h Updated Southwest Accident Raises Prospect Industry Underestimates Key Risk
Safety experts tracking the probe of what caused Southwest Airlines Flight 1380’s deadly midair engine failure say vulnerabilities in a fan blade and the cowling, or engine cover, have emerged as risk factors.
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Shire takeover battle intensifies, as commodity prices boom - business live26h Updated Shire takeover battle intensifies, as commodity prices boom - business live
All the day’s economic and financial news, as Brent crude hits its highest level since November 2014
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House of Fraser calls in KPMG to draw up turnaround plan26h House of Fraser calls in KPMG to draw up turnaround plan
The department store chain has asked KPMG to look at options which may involve store closures and job losses.
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 Homeowners desperate to sell properties slashing asking prices by £25k 26h Updated Homeowners desperate to sell properties slashing asking prices by £25k
Buyers can snap up a bargain in locations like Bradford, Doncaster, Blackburn and Hull, where prices are being slashed by 8.01 per cent, 7.19 per cent, 7.06 per cent and 6.95 per cent respectively.
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Grubs up: Carrefour offers Spanish shoppers insect-based snacks26h Grubs up: Carrefour offers Spanish shoppers insect-based snacks
Carrefour chain’s new range includes spicy chilli buffalo worms and smoked crickets Despite being a country that guards its culinary traditions more jealously than most - the recipe for the
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26h Apple, Philip Morris, Chip Stocks Lead Wall Street Slide
U.S. stocks dropped on Thursday, weighed down by a broad-based decline in technology stocks from Apple to chipmakers as well as a tumble in consumer staples such as Philip Morris and P&G.
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E. Coli Outbreak Tied to Romaine Lettuce Expands to 16 States26h E. Coli Outbreak Tied to Romaine Lettuce Expands to 16 States
At least 53 people have been infected so far, and more than half have been hospitalized.
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Dick’s Sporting Goods Will Destroy the Assault-Style Weapons It Didn’t Sell27h Updated Dick’s Sporting Goods Will Destroy the Assault-Style Weapons It Didn’t Sell
The company, which agreed in February to stop selling assault-style rifles at its Field & Stream stores, will not return the weapons to gun manufacturers.
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If the World Economy Is Looking So Great, Why Are Global Policymakers So Gloomy?27h Updated If the World Economy Is Looking So Great, Why Are Global Policymakers So Gloomy?
As officials gather for the I.M.F. and World Bank convene in Washington, worries about trade and debt are building
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WPP contacted by FCA to check if it is in breach of laws27h WPP contacted by FCA to check if it is in breach of laws
Watchdog moves to ascertain if there has been any insider information infringement The financial services watchdog has contacted WPP to check if it is in breach of laws relating to insider information regarding the amount of company money that Sir Martin Sorrell is alleged to have misused. The board of WPP has closed down the investigation into Sorrell,
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PPI scandal payouts top £30bn - City watchdog27h PPI scandal payouts top £30bn - City watchdog
Claims for mis-sold payment protection insurance (PPI) hit their highest level in four years during the second half of last year.
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U.S. Leading Economic Indicators Rose in March27h U.S. Leading Economic Indicators Rose in March
An economic index that measures U.S. business trends continued to increase in March, pointing to robust economic growth throughout 2018.
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Allergan and Takeda May Fight Over Shire: DealBook Briefing27h Allergan and Takeda May Fight Over Shire: DealBook Briefing
The two drug makers have expressed interest in buying Shire, potentially creating yet another bidding war in the pharmaceutical industry.
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Nucor Benefits from Steel Tariffs, Price Increases27h Nucor Benefits from Steel Tariffs, Price Increases
Some U.S. steelmakers say their bottom lines are getting an early boost from tariffs the Trump administration recently implemented on imports of the metal from certain countries.
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 House of Fraser store closures and job losses could be on the cards 27h House of Fraser store closures and job losses could be on the cards
After suffering sluggish sales over Christmas, one of the options KPMG will be mulling over is the possibility of the retailer entering into a Company Voluntary Arrangement.
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 £130k Porsche 911 Turbo S takes on a £12k Smart Fortwo 27h £130k Porsche 911 Turbo S takes on a £12k Smart Fortwo
With car makers quoting astronomical speeds for their latest performance models, we wanted to find out if you can really use all that extra power when you're driving within the legal limits on UK roads.
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 Is it time to switch to a green energy supplier? 28h Updated Is it time to switch to a green energy supplier?
In recent times, a push towards being conscious about our impact on the environment has led some households to switch to a green tariff.
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28h Apple, P&G and Chip Stocks Lead Wall Street Lower
Wall Street slid on Thursday morning, weighed down by a broad-based slump in technology stocks from Apple to chipmakers as well as a tumble in consumer staples such as Procter & Gamble.
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Amazon buys exclusive UK rights to US Open tennis tournament28h Amazon buys exclusive UK rights to US Open tennis tournament
Five-year, $40m deal will give 100 million Prime subscribers access to grand slam event Amazon has struck a $40m (£30m) deal for the exclusive UK TV rights to the US Open tennis tournament, as the US giant looks to add to its 100 million Prime subscribers. Amazon, which is in talks with the Premier League to potentially stream matches from 2019 to 2022, has struck a five-year deal starting with this summer’s tournament at Flushing Meadows in New York.
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Shire Rejects $60 Billion Bid From Takeda28h Updated Shire Rejects $60 Billion Bid From Takeda
Japan’s Takeda said it has made a $60 billion takeover offer for Shire, a bid it said its Dublin-headquartered rival has rejected. Takeda said talks were continuing.
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Southwest Accident Likely to Prompt Review of Inspections28h Updated Southwest Accident Likely to Prompt Review of Inspections
Safety experts tracking the probe of what caused Southwest Airlines Flight 1380’s deadly midair engine failure say vulnerabilities in a fan blade and the cowling, or engine cover, have emerged as risk factors.
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Shire rejects takeover approach; Commodity prices boom; UK retail sales slide - business live28h Updated Shire rejects takeover approach; Commodity prices boom; UK retail sales slide - business live
All the day’s economic and financial news, as Brent crude hits its highest level since November 2014
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Plastic straw and cotton bud ban proposed28h Updated Plastic straw and cotton bud ban proposed
Plan for a ban in England is announced as Commonwealth leaders are urged to tackle plastic waste.
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 Quarter of million households will see hike of £200 in energy bills 28h Quarter of million households will see hike of £200 in energy bills
Many of the tariffs ending are from the big six energy providers including EDF, Npower and Scottish Power. There are also several from smaller suppliers such as First Utility and ENGIE.
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Why Tech Titans Are Betting on India, in 14 Charts28h Updated Why Tech Titans Are Betting on India, in 14 Charts
India, the world’s last major untapped tech market, is drawing billions in investments as internet heavyweights prepare to cash in when hundreds of millions of people get access to the Web.
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Questions over Conservative donor tax probe28h Updated Questions over Conservative donor tax probe
HMRC denies refusing to assist with a probe into a French telecoms firm because it had been a Tory donor.
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In a U.S.-China Tech Battle, Lots of Self-Inflicted Wounds28h In a U.S.-China Tech Battle, Lots of Self-Inflicted Wounds
The U.S. and China’s tit-for-tat measures have put technology firms at the center of an escalating trade fight, placing new constraints on the companies’ strategic plans and threatening their access to giant markets.
 Like Reply
Harper’s Editor Insists He Was Fired Over Katie Roiphe Essay29h Updated Harper’s Editor Insists He Was Fired Over Katie Roiphe Essay
The essay stirred controversy on Twitter. It was also the subject of debate at the venerable monthly. Now the editor, James Marcus, is out.
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 Quarter of a million households will see a hike of £200 in energy bills 29h Quarter of a million households will see a hike of £200 in energy bills
Many of the tariffs ending are from the big six energy providers including EDF, Npower and Scottish Power. There are also several from smaller suppliers such as First Utility and ENGIE.
 Like Reply
UK drives into e-vehicle fast lane with 11% sales rise29h UK drives into e-vehicle fast lane with 11% sales rise
Electric vehicles’ share of new UK registrations rises to 2%, still falling far short of Norway’s 48% Sales of electric cars in the UK have risen 11% on last year, putting the country in the premier league of those ditching petrol and diesel engines, though it is still miles behind Norway and China. An analysis of the latest global sales of electric vehicles found that nearly half the vehicles registered in Norway in the first three months of 2018 were electric (48%), compared to just over a third (35%) during the same period in 2017. The vehicles are run almost exclusively off the nation’s hydropower resource, underlining Norway’s claim as the world leader.
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U.S. Jobless Claims Fell Last Week29h Updated U.S. Jobless Claims Fell Last Week
The number of Americans claiming new unemployment benefits fell last week for the third time in four weeks, signaling continued health in the labor market.
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Can Debenhams really blame bad weather for woes?29h Can Debenhams really blame bad weather for woes?
Retailers are good at coming up with excuses when things don't go well.
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Fox Rejected Higher Comcast Bid Due to Antitrust Concerns29h Updated Fox Rejected Higher Comcast Bid Due to Antitrust Concerns
21st Century Fox rejected an offer for its entertainment assets from cable giant Comcast largely over antitrust concerns, according to a regulatory filing, even though the bid was 16% higher than what Disney ultimately agreed to pay.
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Amazon Prime Has More Than 100 Million Members29h Updated Amazon Prime Has More Than 100 Million Members
More than 100 million people globally are now paying for Amazon Prime, a sign of how Amazon.com Inc. has used the service to evolve from an online marketplace that struggled with profitability into an e-commerce powerhouse.
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Animatronic Arnie pushes PPI complaints to four-year high29h Animatronic Arnie pushes PPI complaints to four-year high
A 40% rise reported on back of advert featuring model head of Arnold Schwarzenegger An advertising campaign featuring an animatronic head of Arnold Schwarzenegger urging people to “make a decision, do it now!” has helped push complaints about payment protection insurance (PPI) to a four-year high. The total amount of compensation paid since January 2011 to people who were mis-sold the policies is £30bn. In January 2018 alone, banks and other financial firms paid £415m.
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 Pick the best (and cheapest) investment Isa platform 29h Updated Pick the best (and cheapest) investment Isa platform
Choosing the right DIY platform is crucial but a wealth of choice and changes to charges have left many investors scratching their heads. We pick some of the best.
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Did Jeff Bewkes Help Time Warner’s Cause in Court?: DealBook Briefing30h Did Jeff Bewkes Help Time Warner’s Cause in Court?: DealBook Briefing
The Time Warner C.E.O. took the stand to defend his company’s planned sale to AT&T, saying the deal was crucial for survival in the Netflix age.
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Top Porsche Official Targeted in German Police Raid Tied to Diesel Scheme30h Updated Top Porsche Official Targeted in German Police Raid Tied to Diesel Scheme
The authorities searched the Stuttgart offices of the sports car maker, one of Volkswagen’s most profitable units, and said a Porsche board member was a suspect in an emissions-cheating scandal.
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Snow joke: March retail sales fell 1.2% amid beastly weather30h Snow joke: March retail sales fell 1.2% amid beastly weather
ONS blames 7.4% decline in petrol sales on ‘beast from the east’, which dragged down sector Retail sales fell steeply in March owing to a slump in petrol sales when the
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Centenarian club: wealthiest investors expect to reach 10030h Centenarian club: wealthiest investors expect to reach 100
A UBS poll reveals more than half of high-net worth individuals are confident of such a milestone More than half of of the world’s wealthiest investors expect to live to the age of 100, according to a new survey. Swiss investment bank UBS polled 5,000 high-net worth individuals (HNWIs), defined as having at least $1m in investable assets, across 10 countries including Germany, the UK, US and Taiwan, and found that 53% were confident of becoming centenarians. This is considerably higher than the 80-year life expectancy in most developed countries today.
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Mind: Antidepressants and Withdrawal: Readers Tell Their Stories30h Updated Mind: Antidepressants and Withdrawal: Readers Tell Their Stories
Nearly 9,000 readers wrote to The Times to talk about their use of antidepressants. Here’s what we learned.
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UK retail sales hit by Beast from the East; oil and nickel prices surge - business live30h Updated UK retail sales hit by Beast from the East; oil and nickel prices surge - business live
All the day’s economic and financial news, as Brent crude hits its highest level since November 2014
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Why is Billy Bragg at the Bank of England?31h Updated Why is Billy Bragg at the Bank of England?
The last time the singer was at the Bank he was "kettled" - this time he's talking economic reform.
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Closures loom at struggling House of Fraser31h Closures loom at struggling House of Fraser
The struggling department store chain House of Fraser (HoF) has drafted in advisers to examine options for accelerating its restructuring, raising the prospect of further shop closures at a dire time for the British high street.
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DealBook Briefing: Did Jeff Bewkes Help Time Warner’s Cause in Court?31h DealBook Briefing: Did Jeff Bewkes Help Time Warner’s Cause in Court?
The Time Warner C.E.O. took the stand to defend his company’s planned sale to AT&T, saying the deal was crucial for survival in the Netflix age.
 Like Reply
Fan Blade, Engine Cover Are Factors in Southwest Flight 1380 Engine Failure31h Updated Fan Blade, Engine Cover Are Factors in Southwest Flight 1380 Engine Failure
Safety experts tracking the probe of what caused Southwest Airlines Flight 1380’s deadly midair engine failure say vulnerabilities in a fan blade and the cowling, or engine cover, have emerged as risk factors.
 Like Reply
P&G Strengthens Over-the-Counter Lineup With Merck KGaA Unit31h Updated P&G Strengthens Over-the-Counter Lineup With Merck KGaA Unit
Procter & Gamble agreed to acquire the consumer-health business from Germany’s Merck KGaA, in a $4.2 billion deal that adds vitamins and food supplements to P&G’s lineup of over-the-counter medicines.
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Tesla factory to be investigated over safety concerns31h Tesla factory to be investigated over safety concerns
California base faces claims of unreported injuries as it struggles to roll out Model 3 Tesla is facing an investigation by Californian safety regulators into reports of serious injuries at its factory in Fremont, California, where it is struggling to scale up production of its Model 3 mass-market electric car. The California Occupational Safety and Health Administration said on Wednesday it had begun an inspection on Tuesday, a day after the
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Amazon Prime passes 100m subscribers mark31h Amazon Prime passes 100m subscribers mark
Service that bundles fast delivery with video and music streaming edges closer to Netflix’s 125 million subscribers Amazon has revealed that it has more than 100 million subscribers to its Prime service, which bundles free shipping with video and music streaming services and other perks to keep shoppers locked into its brand. Jeff Bezos, its chief executive, revealed the subscription numbers in his annual letter to shareholders. The service, which costs users £79 in the UK or $99 in the US a year, was first launched 13 years ago as a way of fostering customer loyalty.
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Why shopping needs to be more fun31h Why shopping needs to be more fun
The entrepreneur who brought Tiger to the UK says shops need an "emotional connection" with customers.
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 Sky enjoys earnings boost as global customer numbers rise by 480,000 31h Sky enjoys earnings boost as global customer numbers rise by 480,000
Like-for-like sales increased by 5 per cent to £10.1billion and over the last year the company has seen its customer base rise by 480,000 to 22.9million.
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The office where the average age of employees is just 2531h The office where the average age of employees is just 25
Staff say they focus on a "life-life" balance, not a work-life balance.
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Big Brands Like Raising Prices but It Is Getting Harder32h Big Brands Like Raising Prices but It Is Getting Harder
Unilever and Nestlé struggled to raise prices in the first quarter, illustrating how the world’s largest consumer goods companies are facing increasingly fierce competition.
 Like Reply
 Why B&Q may quit giant megastores and open High St convenience shops instead 32h Updated Why B&Q may quit giant megastores and open High St convenience shops instead
Veronique Laury, chief executive of B&Q owner Kingfisher, outlined her vision for the future of the company, which also owns Screwfix in the UK and other DIY shops overseas.
 Like Reply
March retail sales fell 1.2% due to beastly weather32h March retail sales fell 1.2% due to beastly weather
ONS blames 7.4% decline in petrol sales on ‘beast from the east’, which dragged down sector Retail sales fell steeply in March owing to a slump in petrol sales when the
 Like Reply
TalkTalk and Vodafone top complaints chart again32h TalkTalk and Vodafone top complaints chart again
TalkTalk, Vodafone and BT drew the most complaints for their services, the regulator says.
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 London entrepreneur sets up Raffle House website 32h London entrepreneur sets up Raffle House website
An entrepreneur has tapped into the growing trend for raffling homes by launching a platform that allows owners to sell tickets instead of their property - and first up is a £650,000 London flat.
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 One bike is stolen every six minutes in the UK - how to buy the right bike insurance 33h Updated One bike is stolen every six minutes in the UK - how to buy the right bike insurance
Last year there were 93,571 bike thefts and 257,000 in total in the UK have been reported stolen since 2015.
 Like Reply
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