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U.S. stocks sold off on Wednesday on concerns over a strengthening dollar, Turkey's currency crisis and global trade tensions, with all three major indexes on track for their worst days since late June. . . more
French pilot unions hit out at the possible appointment of Air Canada's chief operating officer Benjamin Smith as Air France-KLM's new boss, after several newspapers reported that he was poised to be named to the job on Thursday. . . more
Corona beer maker Constellation Brands will infuse another $4 billion into Canada's top cannabis producer Canopy Growth , the biggest investment in the industry, to capitalize on booming demand for marijuana. . . more
The U.S. Securities and Exchange Commission has sent subpoenas to Tesla Inc regarding Chief Executive Elon Musk's plan to take the company private and his statement that funding was "secured," Fox Business Network reported on Wednesday, citing sources. . . more
Equities around the world took a dive on Wednesday, with emerging market stocks set to confirm a bear market and the dollar hitting a 13-month high, while weakness in China's yuan rattled investors' nerves. . . more
A federal judge rejected Exxon Mobil Corp's motion to dismiss a securities suit alleging the company and top executives misled investors about the impact of climate change on its business. . . more
Turkey doubled tariffs on some U.S. imports including alcohol, cars and tobacco on Wednesday in retaliation for U.S. moves, but the lira rallied further after the central bank's liquidity moves had the effect of supporting the currency. . . more
Facing Turkey's gravest currency crisis since 2001 in his first month in the job, Finance Minister Berat Albayrak has the daunting task of reassuring global investors that the economy is not hostage to political interference. . . more
Financial Times Chief Executive John Ridding is to pay back some of his 2.6 million pound ($3.3 million) salary after a group of the newspaper's reporters complained about his pay. . . more
Swiss authorities have halted registrations of some new Mercedes-Benz Vito and Porsche Macan and Cayenne vehicles which had diesel engines that disguised emissions levels, the Astra roads agency said on Wednesday. . . more
Wed, 15 Aug 2018 13:04:16 -0400 
U.S. stock indexes fell sharply on Wednesday, hurt by concerns over a stronger dollar and Turkey's currency crisis, as well as over the trade tensions with U.S. trading partners that have dominated the first half of 2018. . . more
Express Scripts Holding Co built a multi-billion enterprise pressuring drug companies to lower their prices for U.S. patients. Now it is quietly building a side business: getting paid to help drug companies dispense a new generation of high-priced drugs. . . more
U.S. retail sales rose more than expected in July as households boosted purchases of motor vehicles and clothing, suggesting the economy remained strong early in the third quarter. . . more
Macy's Inc on Wednesday said its gross margins would shrink in the fall season as delivery expenses rise, overshadowing a quarterly sales and profit beat and sending shares down more than 13 percent. . . more
HSN, once known as the Home Shopping Network, is getting an image makeover. . . more


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