Financial news

• Walmart reported to be in talks to buy health insurer Humana

  30-03-2018 19:19
  Tie-up would create one of the largest US healthcare insures, says Wall Street JournalWalmart is reportedly in early stage talks to buy the health insurer Humana, in a deal that would mark a new direction for the US retailer.The Wall Street Journal has reported that the two companies are in preliminary talks, representing the latest move towards consolidation in the healthcare industry during recent months. Continue reading...
  
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• Elon Musk's SpaceX gains formal approval for satellite broadband network

  30-03-2018 18:25
  Low-Earth orbiting ‘constellation’ of satellites will provide broadband to hard-to-reach areas in USElon Musk’s SpaceX has been given formal approval by US telecoms regulators to build a global broadband network using satellites. “This is the first approval of a US-licensed satellite constellation to provide broadband services using a new generation of low-Earth orbit satellite technologies,” the Federal Communications Commission said in a statement. Continue readin
  
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• Let’s move to Warrington, Cheshire: ‘It's where the canny live'

  30-03-2018 17:30
  Warrington is a spaghetti junction of infrastructure. You can get everywhere from itWhat’s going for it? Warrington’s got connections. It may not have the cachet or the name of some of its neighbours – Chester, say, Altrincham, or the so-called “golden triangle” between Knutsford, Wilmslow and Alderley Edge. Its grand civic buildings and occasional redbrick Georgian townhouses hint at a past more illustrious than the present, which is mostly a tough, unglamorous aff
  
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• Global mergers and acquisitions reach record high in Q1

  30-03-2018 15:59
  A total of $1.2tn spend greets US tax reform and faster European economic growthGlobal mergers and acquisitions had their strongest start ever in the first quarter of 2018, totalling $1.2tn in value, as US tax reform and faster economic growth in Europe unleashed many companies’ dealmaking instincts. Strong equity and debt markets and swelling corporate cash coffers also helped boost the confidence of chief executives, convincing them that now is as good a time as ever to pursue transforma
  
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• Cosmopolitan drawn into US culture wars as conservatives urge others to follow Walmart's lead

  30-03-2018 15:04
  After Walmart said it would stop selling Cosmo in the checkout aisle, the National Center on Sexual Exploitation is eyeing further victoriesEven in the digital age, choosing a magazine at the supermarket checkout aisle is an enduring American tradition.Shoppers at the country’s biggest retailer were spoilt for choice this week if they wanted to devour scurrilous tabloid allegations about Hollywood celebrities and the health, sexual proclivities and drinking habits of the British royal fami
  
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• What would Jesus do? Pay workers a living wage | Paul Butler

  30-03-2018 13:25
  The minimum wage is about to go up - but it’s still not enough for people to live with dignity• Paul Butler is the bishop of DurhamEvery person is valuable. Hugely valuable because we are made in God’s image and loved so deeply that Jesus died for us. Increasingly, employers are realising that we humans seek to discover our value through healthy work as part of fulfilled lives. A happy workforce is a productive one. So they are investing in office spaces with soft furnishings, m
  
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• ‘Homebase is the most disastrous retail acquisition in the UK ever’

  30-03-2018 12:49
  Australia’s Bunnings caught out by ‘complexity’ of British home improvements market
  It’s an Aussie institution in crisis after aggressive management led to disgrace and embarrassment overseas. It also knows a thing or two about sandpaper.This is not the country’s cricket side, but Bunnings, the Australian DIY retailer, that set out to conquer Britain by revamping Homebase but ended up writing off A$1bn (£547m) after a catalogue of major mistakes. Continue read
  
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• Corbyn: interests of City speculators put above jobs in GKN takeover

  30-03-2018 11:04
  Labour leader attacks Tories over engineering firm’s takeover by ‘asset stripper’ MelroseJeremy Corbyn has accused the government of putting the profits of speculators before the interests of staff at one of Britain’s oldest engineering firms, which is the object of a hostile takeover deal that has been labelled an “abuse of capitalism”.On Thursday, shareholders in GKN, which made cannonballs for the Battle of Waterloo and Spitfires for the second world war, v
  
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• Can the landowner evict tenants from a residential caravan site?

  30-03-2018 09:00
  The council-tax paying residents have found notices taped to their mobile homes by bailiffsI am the site manager of a protected residential caravan site licensed by the council. Tenants pay ground fees to the landowner and place their caravan on an allocated pitch.The landowners have recently got into financial difficulties and the five residents came home one day to find eviction notices taped to their doors. They had been placed by a bailiff acting on behalf of the landowner’s lender.Con
  
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• Homes in towers – in pictures

  30-03-2018 08:00
  When space is limited, it’s best to build up. Luckily at these properties the architect already thought of that for you Continue reading...
  
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• Ethereum price 'REDEMPTION': Vital framework could provide 'massive crypto VALUE BOOST'

  30-03-2018 03:10 via feedproxy.google.com
  ETHEREUM’S price could be set to soar thanks to a vital new framework that may provide the cryptocurrency with a massive market value boost by increasing the number of transactions it can make per second, it has been claimed.
  
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• Bitcoin price 'BOOST': Increased crypto regulation is 'going to be GOOD' for investors

  30-03-2018 01:50 via feedproxy.google.com
  BITCOIN’S price could skyrocket and turn around a period of tumultuous declines thanks to an increased regulation that may be good news for investors, the head of mobile at a cryptocurrency exchange has claimed.
  
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