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Business

NBCUniversal will launch its own streaming service in 2020

NBCUniversal joins streaming wars, announcing it will release its own autonomous streaming service in 2020 The ad-supported version of the streaming service will be free to NBC TV subscribers in the United States and be provided of Comcast Cable and Sky subscribers at an international level. Paid versions of the app that include a non-ad version for those who do …

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Chinese investments in America dropped by 83% in 2018

China's foreign direct investment in the US fell by 83% in 2018, according to a report published on Monday by law firm Baker Mackenzie. Including these sales, net Chinese direct foreign investment in North America declined by 2018 to $ 5.5 billion in 2018, according to Baker McKenzie. An estimated $ 12 billion of Chinese assets are expected to be …

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These repellent stocks are expected to go back in 2019

At the start of the earnings season, there was a lot of positive energy on the US stock market after a brutal fourth quarter. The S & P 500 index returned 3.6 percent this year to January 11, after a 13.5 percent decline in the fourth quarter. Here's how all 11 S & P 500s SPX, -0.34% sectors have done, …

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The other Sears that is not in bankruptcy

Sears Hometown and Outlet stores were spun-off by the now-bankrupt Sears Holdings in 2012. The hope was that $ 447 million deal would shield the specialty chain from Sears' problems while giving the parent company an infusion of cash. It has not worked out that way. Shares of Sears Hometown and Outlet (SHOS) have lost almost 30% since Sears' bankruptcy, …

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The new concept of Nissan is a luxury sedan with a range of 380 miles

Nissan, inspired by strong sales of affordable, all-electric cars from Leaf, seems ready to enter the luxury market and take the fight directly to Tesla. At the North American International Show in Detroit on Monday, the Japanese automaker introduced a new electric concept that describes it as an "enhanced sports sedan". This is an ultra-fast, remote, lightning bolt on all …

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Live: Stock market today: Latest news

The rocky financial markets took their toll on Citigroup in the quarter. Citi reported fourth-quarter earnings that topped forecasts Monday morning, but bank's revenue was lower than what Wall Street was expecting due to a drop in its fixed-income trading division. Citi (C) stock fell in early trading on the news before turning slightly positive. Bond trading revenues plunged more …

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Citigroup's earnings broke, but revenue lost weak trading; Citigroup Stock Waterfalls

Citigroup (C) on Monday announced mixed fourth-quarter results, starting a lively week for large bank stocks. Citigroup's stock downgraded bank stocks as bond trading declined. Citigroup Revenues Estimates: Wall Street expects Citigroup's earnings to jump 21% to $ 1.55. On the streets, revenue rose 1 percent to $ 17.48 billion. Results : Citigroup's earnings of $ 1.61 per share in …

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