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CBS in talks on exit for accused CEO Moonves

CBS in talks on exit for accused CEO Moonves

Moonves, who has remained in charge despite the allegations against him, signed an employment contract in May 2017 that provides for a severance package worth almost $180 million if he is removed without cause. Those were mistakes, and I regret them immensely. Les Moonves may not have much time left at CBS. Plus, Moonves swore that he never misused his position "to harm or hinder anyone's career", and isn't that pinky-swear promise enough to merit an additional $80 million? CBS shares ... Consulte Mais Informação

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Venezuela's neighbours seek aid to grapple with migration crisis

Venezuela's neighbours seek aid to grapple with migration crisis

She criticised foreign agencies for using numbers on Venezuelan emigration provided by other countries. Venezuelan migrants wait outside their embassy to register for a fly to return to their country, in Lima, Peru September 5, 2018. Ecuador also declared a state of emergency in three northern states which receive up to 4,200 Venezuelans daily. The delegates from 13 regional nations were seeking outside funding as they discussed in Quito a common solution to regularize the situation of ... Consulte Mais Informação

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First time in history, petrol price crosses Rs 80 mark in Delhi

It seems consumers will have to bear high fuel prices until political pressure forces governments to reduce taxes on fuel, work out some alternative mechanism for oil prices or external factors improve. Jaitley said global oil prices are volatile and have not shown any linear movement. Nearly half of the retail selling price of the two fuels is made up of central and state taxes. Consulte Mais Informação

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Retaliatory Posts Made Back-and-Forth Between Sanders and Amazon

Retaliatory Posts Made Back-and-Forth Between Sanders and Amazon

Meanwhile, Mr. Bezos continues to pay many thousands of his Amazon employees wages that are so low that they must rely on food stamps, Medicaid or public housing in order to survive. The bill, also introduced by Rep. Ro Khanna, is meant to keep large employers from underpaying their workers. For the objective of the bill, large employers are defined as those with more than 500 workers - including independent contractors and franchise workers. Consulte Mais Informação

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Goldman CFO calls story that drove Bitcoin crash

Goldman CFO calls story that drove Bitcoin crash "fake news"

The CFO assured the audience that Goldman is still working on a type of derivative for bitcoin because "clients want it". TechCrunch reports that on September 6th, Goldman Sachs CFO Martin Chavez was a guest speaker at the TechCrunch Disrupt Conference in San Francisco, where he said that the Business Insider report was "fake news ", nothing that the firm hadn't made any internal changes regarding its cryptocurrency activities. Consulte Mais Informação

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Starbucks opens first outlet in Italy

Starbucks opens first outlet in Italy

Starbucks has opened its first store in Italy with the Starbucks Reserve Roastery located in Milan , which the company dubs as the "most handsome Starbucks in the world". "If we look at France, another country with a strong coffee culture, millennial consumers are undoubtedly responding well to speciality coffees". Starbucks chief design officer Liz Muller told The Associated Press this week that the company is "not coming to Italy to teach people about coffee". Consulte Mais Informação

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China’s record trade surplus to intensify US trade war

China’s record trade surplus to intensify US trade war

Trump latest tariffs threats, if he follows through, would more than cover the value of all goods the US buys from China , according to USA government data from previous year. A package of tariffs worth $200bn is close to being imposed on Chinese imports to the U.S. and Trump's latest suggested round - which would be worth $267bn - would sharply escalate Trump's trade war with China. Consulte Mais Informação

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After Elon Musk’s reefer madness, investors question Tesla CEO’s stability

After Elon Musk’s reefer madness, investors question Tesla CEO’s stability

Musk took the already-lit blunt from Rogan and had one puff, but it appears that he did not inhale, meaning he likely did not feel the effects of marijuana. Last month's "go private" plan caused Tesla's shares to spike upward, but when the idea fizzled, the stock took a beating. The chairman and CEO of both Tesla and Space Exploration Technologies Corp., among other companies, recently gave an emotional interview to The New York Times in which he said friends were anxious about ... Consulte Mais Informação

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Apple Issues Letter Responding to President Trump’s Proposed Tarrifs

The letter did not mention the iPhone, which accounted for about two-thirds of its $229 billion in revenue in its most recent fiscal year. That represents a small portion of Apple's $229 billion in overall sales. Apple has not responded to requests for comment. The iPhone is Apple's primary revenue driver. The letter also made no mention of the iPad, which brought in $19.2 billion in sales in the most recent year, or most of its Mac computers, which generated $25.8 billion. Consulte Mais Informação

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Trump Threatens Tariffs on Another $267 Billion of Chinese Imports

Imposing tariffs on $200 billion worth of Chinese products "will take place very soon depending on what happens", Trump told reporters on Air Force One, according to a White House pool report. US stocks erased gains after Trump's remarks. While China's response to USA demands has been unsatisfactory, Trump is still speaking to Xi, and would be open to meeting in person, said Kudlow, director of the White House's National Economic Council. Consulte Mais Informação

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Diesel and petrol prices rise by around 50 paise per litre

Diesel and petrol prices rise by around 50 paise per litre

Petrol was being sold at Rs 79.51 per litre, while diesel prices reached Rs 71.55 per litre in Delhi. In 2018, petrol prices are up by about 14% while diesel is up a fifth. The government has been under vast pressure to cut taxes on fuel as the prices have breached the previous record high hit on May 29. On Wednesday, Finance Minister Arun Jaitley had said that there was no need for a "knee-jerk" reaction to the rising prices of global crude oil. Consulte Mais Informação

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