Business Insider

No price like home: Big spenders reappear in China
Business Insider
SHANGHAI/BEIJING (Reuters) – China's wealthiest shoppers are spending at home again, roused from a three-year slumber by a weaker yuan, lower prices and a crackdown on overseas sales agents – a welcome boost for the world's luxury brands.

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CNN

The Latest: Stein changes strategy in Pennsylvania recount
Washington Post
HARRISBURG, Pa. — The Latest on the Green Party's effort to force a statewide recount of the Nov. 8 presidential election in Pennsylvania: (all times local):. 11:45 p.m.. The Green Party says it's switching strategy in its bid to force a statewide
Jill Stein's effort to force statewide recount of Donald Trump Pennsylvania victory endsAL.com
Jill Stein drops bid for statewide recount in PennsylvaniaWHIO
Trump Campaign and GOP Allies in Full Legal Panic as Recounts Could Create Electoral College CrisisAlterNet

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KHOU.com

Start-up CEO Sacks resigns; report says Trump team next
KHOU.com
SAN FRANCISCO — Zenefits CEO David Sacks is stepping down amid speculation that he has been tapped by billionaire technology investor Peter Thiel to assist president-elect Donald Trump. In a memo to Zenefits staff, Sacks said late Friday he would …
How GE Healthcare is using magnets to cut down on liquid heliumFast Company
David Sacks Stepping Down as Zenefits CEOWall Street Journal
Zenefits CEO tells staff he will quit postThe Mercury News
New York Times –Fortune –BuzzFeed News –VentureBeat
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St. Augustine Record

Starbucks CEO Retires: Here's Why Investors Shouldn't Panic
Seeking Alpha
Howard Schultz has proven to be one of the most successful CEOs in history, nearly tripling the market's returns over the past two decades. Now, however, comes word that Schultz is stepping down as CEO in April; news that sent shares down 4% at one
Starbucks CEO says company isn't anti-Trump: 'We all want the president-elect to do well'Washington Post

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The Hill

CEO: Ford will work with Trump if policies right
The Hill
“We will be very clear in the things we'd like to see,” Mark Fields said in an interview with Bloomberg on Friday, adding he would like to see safety guidelines for autonomous vehicles, tax reform and laws that promote free and fair trade. ADVERTISEMENT.
How will Trump's Carrier deal affect planned auto industry moves?Christian Science Monitor
CEO Mark Fields Says Ford Still Moving Small-Car Output to Mexico Despite Trump CriticismWall Street Journal
Ford commits to keeping Lincoln MKC production in KentuckyReading Eagle
Bloomberg –The Detroit News –Breitbart News –Toronto Star
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Channel NewsAsia

RPT-Fed official stands by Wall St reforms, says must complete work
Reuters
NEW YORK Dec 3 The United States "absolutely must" complete unfinished work ending the too-big-to-fail bank problem that helped plunge the global economy into recession eight years ago, an influential Federal Reserve policymaker said on Saturday.
Fed Policy Maker Urges Continued Work to End 'Too Big to Fail'New York Times

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Business Insider

Airbnb is done fighting with New York City
Business Insider
NEW YORK (Reuters) – Airbnb and New York City said on Friday they had resolved a lawsuit brought by the company challenging a law it argued could expose it to significant penalties for advertising short-term apartment rentals. Airbnb filed the suit in …
News of the Day From Across the NationSFGate
Airbnb sells out hosts in NYC lawsuit settlementMashable
Airbnb Has Settled Its Lawsuit Against The CityGothamist
Digital Trends –Engadget –The Verge –NY1
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New York Times

Standing Rock Pipeline Protesters, Ordered to Leave, Dig In
New York Times
Protesters facing off with the police on Friday outside the Oceti Sakowin camp in North Dakota. The authorities have ordered the protesters to evacuate the camp by Monday. Credit Cassi Alexandra for The New York Times. CANNON BALL, N.D. — Lee Plenty …
Hundreds of veterans 'to put our bodies on the line' in pipeline protestUSA TODAY
Emergency officials say they won't let pipeline protesters freezeFox News
Thousands of veterans converge on North Dakota to aid pipeline protestLos Angeles Times
NBCNews.com –Business Insider –The Denver Post –The Hill
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OregonLive.com

What November's jobs report means for interest rates
OregonLive.com
Federal Reserve Chair Janet Yellen testifies Nov. 17, 2016, before the Joint Economic Committee on Capitol HIll. Yellen sketched a picture of an improving U.S. economy and said "the case for an increase" in interest rates has strengthened. The Fed is
US Nonfarm Payrolls Rose 178000 in November; Unemployment Rate Falls to 4.6%Wall Street Journal
The New Jobs Numbers Signal the End of an Economic EraNew York Times
US economy added 178000 jobs in November; unemployment rate dropped to 4.6 percentWashington Post
Bloomberg –U.S. News & World Report –Reuters –CNBC
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Channel NewsAsia

Singapore Fines Banks for 1MDB Fund Links
New York Times
SINGAPORE — Singapore regulators said Friday they will fine two banks a total of over $5.3 million for having breached money laundering rules in dealings with an indebted Malaysian state fund. The Monetary Authority of Singapore, or MAS, fined the
Singapore slaps penalties on StanChart, Coutts in 1MDB-related probeReuters
Singapore to Ban Former Goldman Banker in Connection With 1MDBNasdaq
Singapore bans former Goldman Sachs star banker amid 1MDB probeFinancial Times
Bloomberg –CNBC –Exchange News Direct –New Straits Times Online
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