As Sears plans to file for chapter 11 protection, the big question is whether a smaller Sears emerges from bankruptcy or whether the filing leads to a liquidation and a final end to the storied chain.
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Sunday, October 14, 2018
Tariffs Hit Those Trump Wants to Help: U.S. Factories
The Trump administration says tariffs on Chinese imports will shift manufacturing back to U.S. factories, but some companies that have done just that say the tariffs are hurting their business.
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Key to Autonomous Driving? An Impossibly Perfect Map
Self-driving cars may eventually work together to create nearly real-time maps. But we’re nowhere close to that now.
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USA Gymnastics Interim CEO Mary Bono Criticized Nike in Tweet
Mary Bono, who on Friday was named interim chief executive of USA Gymnastics, said Saturday she regretted a September tweet in which she disparaged Nike, a sponsor of the U.S. Olympic Committee.
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Saturday, October 13, 2018
SoftBank Gives Startups Billions of Reasons to Hold Off IPOs
If SoftBank secures a majority stake in eight-year-old WeWork through its Vision Fund, the move would likely keep the shared office-space company private for years to come, employing what one venture capitalist calls “a holding-company philosophy.”
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Housing Market Positioned for a Gentler Slowdown Than in 2007
The U.S. housing market is running out of steam, but its slowdown looks nothing like the historic collapse that took down the whole economy in 2007.
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'What's Going to Be on Twitter the Next Day': Central Banks Close Ranks
The Federal Reserve stressed the need for it to normalize monetary policy gradually and transparently, as its global counterparts warned against threats to central bank independence following President Trump’s criticisms of the Fed.
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