BBC News

Night Tube begins in London after year-long delay
BBC News
The Night Tube has been launched in the London Underground – almost three years since the plan was first announced. Trains now run on the Victoria and Central lines on Fridays and Saturdays between 00:30 BST and 05:30. London Underground expects …
The night tube comes to LondonStuff.co.nz
View from the carriage: On board London's Night TubeBBC News
London night tube begins as police vow it will be as safe as during the dayDaily Mail
Channel NewsAsia –Sky News –Manila Bulletin –CNBC
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New York Times

At Viacom, Now Comes the Hard Part
New York Times
Shari Redstone, daughter of Sumner M. Redstone. What they will do with the company is a subject of speculation. Credit Ryan Stone for The New York Times. In the summer of 1987, Sumner M. Redstone wrested control of Viacom in a hostile corporate …
Viacom power struggle ends with Shari Redstone ushering in a new era for the media companyLos Angeles Times
Viacom CEO is out as the company settles Redstone lawsuitsU.S. News & World Report
Settled! Philippe Dauman Out As Redstones Regain Control Of ViacomForbes
Tribune-Review –New York Post –Reuters –TheWrap
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New York Times

Amtrak Picks Freight Rail Veteran as New Leader at a Critical Time
New York Times
Charles W. Moorman, who was introduced on Friday as Amtrak's new chief executive. Credit Jason Arthurs/Reuters. Amtrak, which is pressing to build a new rail tunnel under the Hudson River between New York City and New Jersey, on Friday named a …
Amtrak Names New CEOWall Street Journal
Amtrak chooses former freight railroad chief as its new CEOPress Herald
Amtrak names Charles W. 'Wick' Moorman as its new CEOWashington Post
RailwayAge Magazine –Albany Times Union –CNBC –The Hill
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CNBC

It could be a tough week for Janet Yellen
CNBC
Fed Chair Janet Yellen has the tough task in the week ahead of speaking to markets that are looking for more guidance than she may be able to provide. Yellen's speech in Jackson Hole, Wyoming, on Friday has been anticipated for weeks, and especially in …
Stock rotation to continue as Fed seen open to 2016 hikeReuters
US Markets Enter End-of-summer Quiet PeriodVoice of America
Ahead of Yellen's Jackson Hole Speech, Sifting Through the Tea LeavesWall Street Journal (blog)
Channel NewsAsia –Bloomberg –DAWN.com –MarketWatch
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U.S. News & World Report

Former Travelers CEO Jay Fishman dies at 63 after ALS battle
U.S. News & World Report
FILE – In this July 17, 2012 file photo, Travelers Chairman and CEO Jay S. Fishman participates in the ceremony ringing the New York Stock Exchange opening bell, in New York. Fishman, who stepped down in 2015, died Thursday, Aug. 19, 2016, after a …
Longtime Travelers Cos. CEO Jay S. Fishman DiesWall Street Journal
Jay S. Fishman, 63, Travelers Chairman, Dies After Battle With ALSHartford Courant
Former Travelers Chairman Jay Fishman Passes AwayPatch.com
Forbes –Nasdaq –CBS Local –WTNH Connecticut News (press release)
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Wall Street Journal

Estée Lauder Offers Downbeat View as Department Stores Struggle
Wall Street Journal
The declining fortunes of U.S. department stores have Estée Lauder EL -3.54 % Cos. on the defensive. As one of the world's biggest beauty brands, the maker of Clinique and MAC has reason to be worried: roughly 30% of its global sales come from …
Estee Lauder Cos. (EL) Fabrizio Freda on Q4 2016 Results – Earnings Call TranscriptSeeking Alpha
Estee Lauder and Emerson Electric slide; Deere jumpsWashington Post
Estee Lauder forecast down, skin-care strugglesSalt Lake Tribune
Fashionista (blog) –Newsmax –Investorplace.com –CNBC
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Sierra Sun Times

CBO's Very Bad Report – It's Complete Nonsense That The Top 10% Hold 76% Of All US Wealth
Forbes
Oh dearie me, we've another one of those reports on the wealth of the nation and this one is from the Congressional Budget Office. Written at the behest of Senator Bernie Sanders it tells us that 76% of all family wealth in the US belongs to the top 10
27 years of economic pain for most AmericansKTVA.com – Anchorage, Alaska
The wealthy have nearly healed from recession. The poor haven't even started.Washington Post
How the Great Recession increased inequalityWashington Examiner (blog)
CNNMoney –Wisconsin Gazette –Sierra Sun Times –24/7 Wall St.
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Forbes

Where Clinton and Trump Stand On Retirement Security
Forbes
(This is the third in a series of Next Avenue blog posts on where presidential candidates Donald Trump and Hillary Clinton stand on key issues of interest to Americans over 50. The first article was about where Trump and Clinton stand on Social Security.
Social Security Retreats From Cellphone-Based Online SecurityNew York Times
How Hillary Clinton would expand Social SecurityCNNMoney
Dead or alive? Social Security misclassified someWashington Post
Chicago Tribune –Reuters –Motley Fool –Detroit Free Press
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On this week’s edition of the GreenBiz 350 podcast: Levi’s, Energizer and what’s next for the circular economy, plus food tech’s great new heights.

Every four years, billions of dollars are poured into construction projects for the Olympic Games. Promises about sustainable development and protecting the environment follow. But host cities struggle to reach the goal.