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Business

Trump's tariffs turn the American RV into the industry

ELKHART, Ind. (Reuters) – Kari Gray points to a junk of mail at a conference table at Renegade RV, one of the leading US manufacturers of high-tech recreational cars. She is buried in bad news from most of her about 350 suppliers. A production line worker works on a production line at a Renegade RV production plant in Bristol, Indiana, …

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Premarket: Here's what you need to know before the bell

The company has added 2.7 million new subscribers in the second quarter of 2019, according to a profit report released on Wednesday. This is just over half of the 5 million new subscribers that analysts have expected. NFLX ) will fall by 11% when US markets open. a blow to the company at a time when competition with companies such …

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Japan Has FATF Green Light to Create 'SWIFT Network' for Crypto: Report

A report from Reuters on Thursday quotes a source familiar with the effort to say that the network is aimed at combating money laundering and was approved last month by the Financial Action Task Force (FATF). A team from the international money laundering task force would monitor the development of the project, which will be conducted alongside other nations, the …

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G7 Approves Japanese SWIFT Alternative Based on Encryption Currency

The Japanese government is trying to lead the creation of a new global cryptoLite network, similar to SWIFT. Replacing SWIFT with a Global Cryptographic Payments Network? Referring to an Anonymous Source, Reuters Report While plans are kept under cover, the source says Tokyo hopes to have a network within the next few years. Network plans were initially proposed by the …

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Amazon faces an EU anti-trust check for using trader data on the market

Amazon warehouse and logistics center in Reinberg, Germany in 2018 Photo: Martin Myersner (AP) The European Union is planning an antitrust investigation of Amazon's e-commerce giant regarding the treatment of third-party retailers relying on the company's commodity market, Wall Street Journal reported on Wednesday. Amazon and the German authorities on third-party vendors that led the company to agree to change …

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IBM Sales Drop and Executives are not ready to discuss Red Hat

(Bloomberg) – International Business Machines Corp. Shares slipped after executives were tight-lipped about the company's $ 34 billion Red Hat acquisition and how it will help growth in cloud computing The deal closed last week and IBM reported quarterly results on Wednesday. Analysts tuned into a conference call to glean fresh details on the impact of adding Red Hat's open-source …

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Facebook has to give up Libra and buy a square, says Jim Cramer

Facebook has to get rid of its cryptoLight project and buy Square, the payment platform run by Twitter CEO Jack Dorsey, who has a market capitalization of $ 34.2 billion and an established battlefield game, said in a statement. Wednesday Kramer. The planned getaway of the social media giant in the digital money market with the announced Libra coin but …

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Netflix Announces First Net Net Loss in US, Missing Global Subscriber Growth Forecasts – TechCrunch

The ongoing Netflix subscription price increases may finally have reached the end of the patience of some US customers, judging by the overall decline in paid subscribers that the company reported in its quarterly profits for its second financial quarter. The overall pay-as-you-go company has grown 2.7 million globally, but has added 2.83 million new subscribers worldwide – while it …

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