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Meredith for cutting up to 300 jobs

Updated on March 18, 2018 at 16:03 ET Meredith Corp. MDP -0.46% is the largest magazine publisher in the country, expected to lay off another 300 to 300 employees this week after the recent acquisition of Time Inc. has completed people familiar with the situation are. Of the job cuts aimed at reducing double occupations, especially Time Inc.'s New York …

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Crypto asset growth can threaten the financial system, says FSB

The rapid development of crypto assets such as Bitcoin could one day make them a threat to the financial system, said Mark Carney, chairman of the Financial Stability Board, in a letter to the group of 20 CFOs. Greater use and interconnectedness, if executed without significant improvements in behavior, market integrity and cyber-attack resilience, could create financial stability risks through …

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Hyundai, Kia under US probe for cars that led to four deaths

US security agencies are investigating airbags in certain Hyundai and Kia vehicles that were not operational in head-on collisions involving four deaths and six casualties. As many as 425,000 of the South Korean manufacturers could be affected, according to a investigation report that was published on the US website by the National Highway Traffic Safety Administration. NHTSA is investigating whether …

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Elon Musk has to grow up, says his father

London : Tech superstar Elon Musk, who founded no less than $ 4 billion in business, should stop getting temper tantrums and grow up, his father feels. "Elon Must Grow Up," Errol, a successful consulting engineer and father of the 46-year-old visionary billionaire, was quoted by The Mail on Sunday. The CEO of Tesla and SpaceX had previously called 72-year-old …

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5 Reasons Toys R Us failed to survive bankruptcy

CLOSE Looking for going out of shops? Got unused gift cards? Here's what buyers need to know when Toys R Us closes its stores. USA TODAY A shopper searches for gifts within the Toys R US store during the early Black Friday events on November 24, 2016 in Paramus, NJ (Photo [19659006] The sudden implosion of Toys R Us came …

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Tesla employee claim delays are due to the large number of faulty parts

A group of current and former Tesla employees claim that the electric car manufacturer has problems mounting its vehicles on time because a large proportion of the parts received from suppliers are below standard. CNBC claims that according to a recent Tesla engineer, about 40 percent of the parts manufactured or obtained at the Tesla factory in Fremont need to …

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CNET recalls Toys R Us, "the largest toy store in the world"

It's time to spend one on Toys R Us. This week, the bankrupt company announced that it will shut its doors forever in the US and Britain. While the brand lives on – Radio Shack and The sharper picture comes to my mind – we must never again walk through the gigantic storehouses full of toys. Even if we do …

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401 (k) taxes in 2018: what you need to know

Fewer tax breaks are greater than those available for 401 (k) bank accounts at work. In addition to the tax deferrals they offer, many employees receive employer matches for the money they put in their 401 (k) accounts. High contribution margins allow savers to provide huge amounts for future needs. Making the most of 401 (k) s is essential to …

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Needham reaffirms "Buy" rating today, has a target of $ 85.0 / share

<! – Stock News -> 18th March 2018 – By Dolores Ford Investor sentiment dropped to 0.88 in Q3 2017. It is 0.04, from 0.92 in 2017Q2. It fell when 60 investors sold CVS Health Corporation shares, while 571 holdings were reduced. 88 funds opened positions while 466 shares increased. 801.45 million shares or 0.31% less of 803.96 million shares …

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