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| Walmart's Secret Weapon to Fight Off Amazon: The Supercenter Walmart is betting on a future where its giant stores will quickly get groceries to your door, replace the doctor's office and rent out computing power to passing drones and autonomous cars. A Walmart supercenter in Natrona Heights, Pa. Ross Mantle for The ... | |
| Bank of England Taps Regulatory Chief as Its Next Governor LONDON—The British government turned to a top financial regulator as the next governor of the Bank of England, an appointment seen as a cautious choice for a role that will be critical in guiding the economy as the U.K. leaves the European Union. | |
| DealBook: Goldman Sachs Near Deal to Settle 1MDB Inquiry Good morning. (Was this email forwarded to you? Sign up here.) Goldman in Talks to End Inquiry Over Malaysian Fund. Goldman Sachs is negotiating with federal prosecutors to settle an inquiry into its role in a scheme to loot billions from a sovereign wealth ... | |
| Aramco, Alibaba rescue sluggish 2019 global ECM market LONDON (Reuters) - Giant listings by Saudi Aramco (2222.SE) and Alibaba (9988.HK) rescued a sluggish year for equity capital markets (ECM) in 2019 after a string of shelved initial public offerings (IPOs) and share price slumps. FILE PHOTO: Amin H. | |
| US Consumer Spending Rose 0.4% in November WASHINGTON—U.S. households spent more in November, a sign the main driver of the economy remained solid headed into the end of the year. Personal-consumption expenditures, or household spending, rose a seasonally adjusted 0.4% in November ... | |
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| Bank of England Picks New Governor to Guide It After Brexit The British government on Friday named Andrew Bailey, the head of the Financial Conduct Authority, to be the next chief of the Bank of England. Mr. Bailey, who worked at the central bank for over 30 years before leaving to run the financial watchdog in 2016, ... | |
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| UPS's $20 Billion Bet on E-Commerce Is Paying Off Everyone knows the UPS delivery service, with its ubiquitous brown trucks that ramble through every neighborhood in America. But to really understand what makes UPS tick, you must check out the massive facility in western Atlanta known as the UPS ... | |
| Shale To Continue To Crowd OPEC Supply In 2020 U.S. shale continues to lead global growth in oil production among non-OPEC members, easily covering projected increases in demand in the coming year. While this could make it difficult for benchmark crude oil prices to break out of the $60 to $65 a barrel ... | |
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