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The Wall Street Journal

Tuesday, February 13, 2018
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Under Armour Expands Restructuring Plan 13 Feb 10:16pm Under Armour Expands Restructuring Plan
Under Armour said Tuesday that revenue in its latest quarter rose despite a decline in North America and announced it was pumping up restructuring plans in 2018 as it orchestrates a turnaround.
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GBP 1,40 +0,643%
EUR 1,23 +0,163%
CHF 1,07 +0,187%
Billion-Dollar Bribery Scandal Sweeps Through Oil Industry 13 Feb 6:47pm Billion-Dollar Bribery Scandal Sweeps Through Oil Industry
Shell and Eni paid $1.3 billion for rights to a prized offshore oil field in Nigeria. The question of whether the money was mostly a bribe is at the heart of one of the biggest corruption scandals the industry has faced.
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U.S. Household Debt up $193 Billion 13 Feb 6:03pm Updated U.S. Household Debt up $193 Billion
Outstanding household debt rose by $193 billion to $13.15 trillion in the final three months of 2017, completing the fifth straight year overall balances increased, the Federal Reserve Bank of New York said Tuesday.
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Blue Apron Sheds Customers as Meal Kit Competition Mounts 13 Feb 5:39pm Updated Blue Apron Sheds Customers as Meal Kit Competition Mounts
Blue Apron Holdings is hemorrhaging customers, as operational problems and rising competition jeopardize its rank as the U.S.’s largest meal-kit company.
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Inside the Bribery Scandal Sweeping Through the Oil Industry 13 Feb 4:40pm Inside the Bribery Scandal Sweeping Through the Oil Industry
Shell and Eni paid $1.3 billion for rights to a prized offshore oil field in Nigeria. The question of whether the money was mostly a bribe is at the heart of one of the biggest corruption scandals the industry has faced.
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After a Busy Fall, Mall Mergers Slow 13 Feb 4:05pm After a Busy Fall, Mall Mergers Slow
Deal fervor in mall REITs appears to have notched down a peg.
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Mester Says Fed Should Raise Rates in 2018 at Pace Similar to 2017 13 Feb 1:57pm Updated Mester Says Fed Should Raise Rates in 2018 at Pace Similar to 2017
Federal Reserve Bank of Cleveland President Loretta Mester said the U.S. central bank should press forward with interest-rate increases this year, while adding the recent wave of volatility in financial markets hasn’t derailed a solid economic outlook
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Wynn Resorts Board Hires New Law Firm to Run Investigation of Ex-CEO Steve Wynn 13 Feb 12:03pm Updated Wynn Resorts Board Hires New Law Firm to Run Investigation of Ex-CEO Steve Wynn
Days after canceling an outside law firm’s investigation into alleged sexual misconduct involving former Chairman and Chief Executive Steve Wynn, a special committee of the Wynn Resorts Ltd. board has hired a new law firm with longstanding connections to the casino company.
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Walgreens Makes Takeover Approach to AmerisourceBergen 13 Feb 9:15am Updated Walgreens Makes Takeover Approach to AmerisourceBergen
Walgreens Boots Alliance has made a takeover approach to drug distributor AmerisourceBergen, a move that could help boost profitability at the drugstore giant and insulate it against threats in an increasingly competitive health-care landscape.
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Kraft Heinz Made Its Factories Really Efficient. Now It Has to Sell Bologna 13 Feb 7:28am Updated Kraft Heinz Made Its Factories Really Efficient. Now It Has to Sell Bologna
3G Capital’s formula of squeezing costs to improve profit margins is running up against consumers whose tastes have shifted away from processed foods.
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General Motors to Close South Korea Plant 13 Feb 12:01am Updated General Motors to Close South Korea Plant
General Motors Co. said it will close its Gunsan, South Korea, factory in May and pressure union officials for additional cost cuts to stem losses.
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