Seeking Alpha

FDA Approval Of Gilead CAR-T Therapy Will Move The Needle
Seeking Alpha
FDA approves Gilead's first CAR-T therapy Yescarta for patients with relapsed or refractory large B-cell lymphoma after two or more lines of systemic therapy. The addition of Yescarta to Gilead's pipeline was made possible thanks to the acquisition of
These 5 Top Stocks Are Moving Late On News: S&P 500 FuturesInvestor’s Business Daily
A cancer treatment that's part of 'a big new field of medicine' just got approvedBusiness Insider
Gilead Gets FDA Approval for New Cancer TherapyWall Street Journal
Quartz –Xconomy –CNBC –San Francisco Business Times
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CNBC

Asian shares trade mixed after China GDP meets expectations
CNBC
Major indexes in Asia were narrowly mixed on Thursday trade as investors digested a barrage of economic data releases out of China. The Nikkei 225 climbed 0.66 percent, extending gains after closing higher for 12 consecutive sessions on Wednesday.
China third quarter growth meets expectations at 6.8%BBC News
China Leans on Old-Time Drivers to Reach 6.8% Growth in Third QuarterWall Street Journal
China's economic growth slows in Q3 but on course to beat targetEconomic Times
Financial Times –Xinhua
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Fortune

Blue Apron Is Laying Off Hundreds of Workers After a Tough Few Months
Fortune
Vegetables from a Blue Apron Holdings Inc. meal-kit delivery are arranged for a photograph in Tiskilwa, Ill. on June 14, 2017. Dan Acker—Bloomberg/Getty Images. It disclosed Wednesday in a regulatory filing that it would layoff 6% of its workforce.
Blue Apron is laying off hundreds of employeesTechCrunch
Blue Apron is laying off hundreds of workersBusiness Insider
Blue Apron Says It Cut 6% of Workforce for `Future Growth'Bloomberg
CNBC –GeekWire –CNNMoney –Recode
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New York Times

In Amazon Bid, New York Brags About, Well, Everything
New York Times
Manhattan's West Side is one of the neighborhoods that New York City is pushing as a possible location for Amazon's second headquarters. Credit Edward Caruso for The New York Times. The Empire State Building, 4 Times Square, 1 World Trade Center …
Amazon HQ2: Mayors from 7 major North American cities give us their pitches as RFP deadline loomsGeekWire
Southern California cities to submit bids for Amazon's new headquarters siteLos Angeles Times
'A Major Distraction': Is A Megadeal Like Amazon's HQ2 Always Worth It?NPR
Seattle Times –Chicago Tribune –TIME –Business Insider
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Pittsburgh Post-Gazette

Does Ken Chenault Deserve a Better Sendoff Than Jeff Immelt?
Bloomberg
American Express Co.'s Ken Chenault is (finally, some would say) retiring. The timing isn't bad. Saving Face. Ken Chenault's legacy has been saved in part by the rally in U.S. stocks. Saving Face. Ken Chenault's legacy has been saved in part by the
The Retirement of Amex's Ken Chenault Means Just 3 CEOs on the Fortune 500 Are BlackFortune
Longtime AmEx CEO Kenneth Chenault is stepping downCNNMoney
American Express' (AXP) CEO Kenneth Chenault on Q3 2017 Results – Earnings Call TranscriptSeeking Alpha
STLtoday.com –CBS News –New York Times –Wall Street Journal
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Business Insider

Former GE CEO Jeff Immelt used to have an empty private jet fly next to his — just in case there were delays
Business Insider
The former GE CEO used to have an empty private plane follow his own on trips, the Wall Street Journal's Thomas Gryta and Joann S. Lublin report in a story about the new CEO's cost cutting efforts. The extra jet was meant as a spare in case the primary …
GE's New Chief Makes Cuts, Starting With Old FavoritesWall Street Journal

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Orlando Sentinel

SeaWorld cuts 350 positions across company
Orlando Sentinel
SeaWorld, which has struggled with declining attendance, announced it is cutting 350 positions effective today, a spokeswoman said Wednesday. The company is laying off people and not refilling open positions across the company, although the cuts …
SeaWorld is laying off 350 workers as attendance wanesCNNMoney
SeaWorld cuts 350 jobs in latest round of layoffsfox5sandiego.com
SeaWorld to Eliminate 350 Jobs, Including in San Diego, Amid Declining Park AttendanceKTLA

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Reuters

Ford to recall 1.34 million trucks in North America for door latch fix
Reuters
WASHINGTON (Reuters) – Ford Motor Co said on Wednesday it would recall 1.34 million 2015-17 Ford F-150 and 2017 Ford Super Duty trucks in North America to add water shields to side door latches at a cost of $267 million. FILE PHOTO: An airplane flies …
Ford to Recall About 1.3 Million Trucks in North America for Door Latch FixU.S. News & World Report
Ford to Take $267 Million Hit From Recall of F-Series TrucksBloomberg
Ford recalls 1.3 million F-150, Super Duty trucks; doors could open while drivingDetroit Free Press
Forbes –Sacramento Bee –Austin American-Statesman –CNNMoney
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CNBC

'It's very hard not to give tax cuts to the wealthy,' Steven Mnuchin now says
CNBC
"When you're cutting taxes across the board, it's very hard not to give tax cuts to the wealthy with tax cuts to the middle class," says Treasury Secretary Steven Mnuchin. That represents a dramatic reversal from Mnuchin's initial assertions on the
Author of Trump's tax plan says math forced him to give big cuts to the richThinkProgress
Mnuchin to Congress: Cut taxes or market will diveLocal 10
Treasury secretary: Pass a tax bill or markets will tankPolitico
The New York Times
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Seeking Alpha

Netflix: A Simple Lesson In Overvaluation
Seeking Alpha
Netflix's price/sales multiple is nearing 9x, which is an all-time high and well above its historical average. Netflix has yet to produce free cash flow and has been fueling content growth with debt, a risky and unsustainable practice. Netflix's (NFLX
3 Red Flags for Netflix after EarningsMoneyshow.com
Netflix, Inc. (NFLX) shares to see major resistance at $203.32USA Commerce Daily

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