BizTechNews

These stocks could beat the odds this fall

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Here’s something new for investors to fret over: The fall. The season isn’t typically the friendliest for stocks. But investors can still enjoy big gains in this potentially perilous time of the year. Ten stocks in the Standard & Poor’s 500 index, including lighting company Acuity Brands (AYI), food processor Tyson Foods (TSN) and drugmaker Mylan (MYL), have excelled during ...

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Rieder: The casual cruelty of WikiLeaks

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“We don’t want innocent people who have a decent chance of being hurt to be hurt,” WikiLeaks founderJulian Assange told PBS in 2011. Guess he changed his mind. In the past year alone, WikiLeaks has published highly personal information about hundreds and hundreds of private citizens with absolutely no public policy implications, material that ranges from embarrassing to life-threatening, according to ...

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5 big risks to your portfolio

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With stock indexes in record territory and a 7 1/2-year bull market chugging along, investors are worried. Why should they be, you ask?  The U.S. employment market is back to churning out 200,000-plus jobs each month and the real estate market is filled with willing buyers of new homes. But risks remain in a market that is no longer cheap. “It doesn’t take a lot ...

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Tantaros sues Fox News, Ailes for sexual harassment

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Andrea Tantaros, a Fox News broadcaster, has filed a sexual harassment lawsuit against Fox News, former CEO Roger Ailes and other Fox executives, another highly charged legal challenge for the conservative-leaning news network as it seeks to get past a turbulent management change triggered by a similar case. “Fox News masquerades as defender of traditional family values, but behind the scenes, it operates like a ...

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Massive price increases on EpiPens raise alarm

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Two U.S. senators are raising concerns about massive price increases on a drug used under emergency conditions for food allergy reactions to see if they are justified. Sen. Chuck Grassley, R-Iowa, has written the manufacturer, Mylan, asking for the reasons behind the price boosts for EpiPen, an epinephine auto-injector used to treat allergy reactions that has seen its price rise ...

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Delamaide: Loosening Wall Street’s grip on Washington

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WASHINGTON – The insurgent campaigns ofDonald Trump and Bernie Sanders may have permanently changed the public debate on money and government and weakened Wall Street’s grip on Washington. Trump vanquished 16 establishment politicians to capture the Republican presidential nomination even as he challenged orthodox views on trade and the deficit. And despite all the political obituaries in the wake of his ...

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Wells Fargo fined $3.6M over student loan practices

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Wells Fargo must reform its practices and pay a $3.6 million fine for actions that federal consumer protection officials say misled student loan borrowers and resulted in some paying unnecessary fees. In the order filed Monday leveling the penalty, theConsumer Financial Protection Bureau said the bank acted illegally, charging on-time payers with late fees, failed to inform borrowers of steps they could take to minimize fees and ...

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1 thing all Millennials have to do to retire: Get into stocks

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It’s probably no secret by now that America has a retirement problem. The United States’ personal household savings rate as of June 2016 was just 5.3%, which is substantially lower than most developed countries whose citizens are socking away more of their income for retirement. This statistic can be coupled with data that GOBankingRates released earlier this year, which found ...

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Rieder: Pulling the plug on online comments

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Autumn Phillips had had enough. Last Friday, the executive editor of the Quad-City Times visited her website, qctimes.com, and checked out a story about a man who had been fatally stabbed the night before in a local park. When she got to the reader comments section at the end of the story, she was appalled by what she found. “Below the LeClaire ...

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Goldman Sachs, private equity firm, to buy Happycall

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Kevin McCoy, USA TODAY U.S. investment banking giant Goldman Sachs Group (GS) and private-equity firmEastBridge Partners have reportedly agreed to acquire majority ownership of South Korea-based cookware manufacturer Happycall. The deal is expected to be valued at roughly $160 million to $161.5 million, The Wall Street Journaland Reuters reported Sunday, citing a joint statement from the acquiring companies. The statement did not disclose ...

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