Articles filed under Bloomberg
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Every person in Illinois owes $11,000 for pensions, with no fix in sightMay 08, 2018 1:00 am - Three years ago Tuesday, the Illinois Supreme Court struck down the state's attempt to cut its employees' pension benefits to chip away at a retirement-system debt that'...
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Boeing extends bet on parts, services in $3.25B KLX dealMay 01, 2018 1:00 am - Boeing is boosting its bet on a new services division with Chief Executive Officer Dennis Muilenburg's biggest deal yet. The world's largest plane maker will buy aerospa...
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McDonald's sales gains show new discounts attracting customersApr 30, 2018 1:00 am - McDonald's may be hitting its stride. The company's revamped stores, fresh beef burgers and premium sandwiches - along with its new $1, $2, $3 menu - is clicking more wi...
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SEC wants brokers to treat clients betterApr 29, 2018 1:00 am - Wall Street is known for making money by selling risky investments with complicated names. Some examples: equity indexed annuities, structured notes and leveraged invers...
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PagerDuty gets you out of bed when a work emergency strikesApr 28, 2018 1:00 am - As the corporate world reckons with an always-on work culture, some of the world's biggest companies are turning to a tool made by a Silicon Valley startup that automati...
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GNC slims operations, closing 200 storesApr 27, 2018 11:00 am - GNC Holdings Inc. said it will close 200 stores this year as the vitamin retail company cuts costs and grapples with more than $1 billion in debt. Like other retailers, ...
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Subway to close 500 more U.S. storesApr 25, 2018 1:00 am - Subway Restaurants, the world's most ubiquitous dining chain, will continue closing U.S. stores as it expands internationally. After peppering the nation with thousands ...
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Fresenius abandons $4.3 billion Akorn dealApr 23, 2018 1:00 am - Akorn Inc. shares lost about a third of their value after Fresenius SE walked away from a pending $4.3 billion acquisition of the Lake Forest-based maker of generic ...
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Sears soars as Lampert floats buying Kenmore, real estateApr 23, 2018 1:00 am - Edward Lampert is pushing for a more aggressive breakup of Sears Holdings Corp. as the hedge-fund manager aims to salvage what's left of the struggling retailer and stav...
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Rise of divorce over 50 forcing a financial reckoning for womenApr 22, 2018 1:00 am - For some, it means liberation. For others, loss. For women in particular, the doubling of the divorce rate for the 50-plus crowd since the 1990s can mean something far m...