Economic Times

Samsung Heir Sentenced to Five Years for Graft Conviction
Bloomberg
Samsung Electronics co-vice chairman Jay Y. Lee arrives at Seoul Central District Court on Aug. 25. Photographer: Chung Sung-Jun/Pool via Bloomberg. Jay Y. Lee, vice chairman of Samsung Electronics Co., was convicted of bribery and sentenced to five …
A Seoul Court Will Rule on Samsung Scion Jay Y. Lee in a Bribery TrialFortune
Fiat Chrysler responds to deal rumoursBBC News
Samsung chief Jay Y. Lee sentenced to a 5-year jail term, convicted of bribery and embezzlementCNBC
New York Times –USA TODAY –Business Insider –The Verge
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Bloomberg

After Board Coup, Infosys Chairman Nilekani Seeks to Calm Tumult
Bloomberg
Infosys Ltd. Chairman Nandan Nilekani moved to reassure investors and employees after a dramatic coup by the firm's founders Thursday night in which they ousted four directors and took back control of the troubled Indian outsourcing company. “I want to
Infosys names former chief Nilekani as chairman, defusing feud with foundersReuters
Infosys chairman's priorities: Focus on CEO search, new board, strategyNasdaq
Nandan Nilekani says will stay at Infosys 'as long as necessary', hints at global hunt for CEOLivemint
Hindustan Times –Quartz –Economic Times –Moneycontrol.com
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Washington Times

Bond Routs, Stock Surges: Jackson Hole Can Be Messy for Markets
Bloomberg
The end of summer in the U.S. heralds longer nights, cooler days, and perhaps the one time each year when the attention of investors around the world gets trained on Wyoming. The 2017 edition of the Federal Reserve Bank of Kansas City's annual …
Asia stocks resilient, dollar up before Yellen, Draghi speechesReuters
Markets are waiting for possible Jackson Hole surprise from central bankersCNBC
There's a great irony to the Jackson Hole Economic SymposiumBusiness Insider
Forbes –MarketWatch –BBC News –Nasdaq
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CNNMoney

Qantas challenges Boeing and Airbus to cross aviation's 'last frontier'
CNNMoney
Qantas has issued a challenge to the world's largest plane makers: Build us a jet that can fly from Sydney to London or New York — without stopping. The Australian airline wants a Boeing 777X or Airbus A350 that can undertake the epic routes from the …
Qantas Rewards Investors With More Cash as Profit Tops EstimatesBloomberg
Qantas profit falls 17% amid tough competitionMarketWatch
UPDATE 2-Australia's Qantas posts near-record profit, eyes 'last frontier' of Sydney-London flightsReuters
BBC News –The Australian Financial Review –SBS –The Australian
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TechCrunch

Pishevar intervenes in Benchmark-Kalanick lawsuit
TechCrunch
Early Uber investor and former board member Shervin Pishevar is speaking out against Benchmark again. This time, he penned a letter to Uber's board, demanding that Benchmark Capital drop its lawsuit against former CEO Travis Kalanick. He also filed a …
Uber's board continues to bicker over its CEO choice as it gathers tomorrow in a continued selection effortRecode
Meg Whitman is at the center of Uber's boardroom battleBusiness Insider
Uber battle escalates as investors try to intervene in Benchmark lawsuitNew York Daily News
Los Angeles Times –SFGate –Fox Business –Wall Street Journal (subscription)
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CNN

Aetna envelopes reveal customers' HIV status
CNN
(CNN) The health care company Aetna mailed envelopes that revealed the HIV status of some of its customers in multiple states, according to the Legal Action Center and the AIDS Law Project of Pennsylvania. The legal organizations and six other …
Aetna mailings disclose HIV status of clientsWashington Post
In brief: Aetna envelope window reveals patients' HIV status, lawyers sayPittsburgh Post-Gazette
Aetna revealed HIV patients' personal data, legal groups allegeFox News
Philly.com –Jackson Hole News&Guide –FierceHealthcare –Law360 (subscription)
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WTSP 10 News

Is Sears circling the drain? No, says Wall Street
WTSP 10 News
CHICAGO, Ill. – USA Today reports Sears Holdings said Thursday that it would close another 28 Kmart locations as it continues its cost-cutting campaign, once again making it the poster child for the precipitous decline of the American department store.
Sears is closing 28 more Kmarts: See the listUSA TODAY
Sears will close 28 more Kmart stores, including four in CaliforniaLos Angeles Times
Sears is closing 28 more Kmart stores, 3 in IllinoisWLS-TV
Business Insider –Pittsburgh Post-Gazette –LA Daily News –Chicago Tribune
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New York Times

Amazon Plans to Lower Some Prices at Whole Foods
New York Times
Amazon said it would offer lower prices on a selection of items in Whole Foods stores, including organic eggs and responsibly farmed salmon and tilapia. Credit Todd Heisler/The New York Times. SEATTLE — The era of Whole Paycheck, the derisive …
Amazon's Price Cuts on Food Leave Rivals Bracing for ImpactBloomberg
Amazon to cut Whole Foods prices, escalating grocery turf warReuters
Amazon Prime members will get special discounts at Whole FoodsBusiness Insider
Chicago Tribune –The Denver Post –Los Angeles Times –CNBC
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MarketWatch

Abercrombie & Fitch fills swimsuit void left by Victoria's Secret
MarketWatch
Abercrombie & Fitch's Chief Executive Fran Horowitz says the company is “pleased” with the progress that the struggling namesake brand is making. Victoria's Secret has exited the swimwear category, and Abercrombie & Fitch Co. is more than happy to take …
Why Abercrombie & Fitch Co. Stock Skyrocketed TodayMotley Fool
How mobile games and YouTube are helping boost Abercrombie & Fitch's Hollister chainColumbus Business First
Abercrombie & Fitch's (ANF) CEO Fran Horowitz on Q2 2017 Results – Earnings Call TranscriptSeeking Alpha
Business Insider –WWD –TheStreet.com –Bloomberg
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The News Tribune

Is the claim the eclipse caused Puget Sound's Atlantic salmon jailbreak just a fish story?
The News Tribune
Cooke Aquaculture, which controversially farms Atlantic salmon in Puget Sound waters where native chinook salmon are officially endangered, suffered a disaster on Saturday afternoon, about 4 p.m., when a net pen that held in more than 300,000 fish
Atlantic salmon turn up in BC waters after escaping fish farmThe Globe and Mail
Farm net collapses in San Juan Islands, thousands of fish escape into Salish SeaTimes Colonist
Solar-eclipse tides break nets at Washington state salmon farm, sparking BC concernsVancouver Sun
Terrace Standard –Northwest Public Radio –Undercurrent News –FIS
all 38 news articles »

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