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Amazon to pay C$1.1 million to settle Canada pricing case

The Canadian unit of Amazon.com will pay a C$1 million ($756,658.60) fine to settle an investigation into pricing activities on its website that gave an inaccurate view of how much consumers could save, Canada's competition watchdog said on …

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Amazon to pay C$1.1 million to settle Canada pricing case

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Union calls new strikes at Amazon’s German warehouses

Workers at German warehouses of U.S. online retailer Amazon.com Inc were called out on strike by labor union Verdi on Wednesday as part of a long-running dispute over pay and conditions. Verdi said in a statement it was calling on workers at three of the nine Amazon warehouses in Germany to join the strike, which will run until Dec. 24. Workers at Amazon's warehouse in Koblenz already launched a strike

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Union calls new strikes at Amazon’s German warehouses

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Thanksgiving sales surge online as shoppers stay home for holiday

At the start of the first holiday shopping season since the election of Donald Trump as president on November 8, U.S. consumers loosened their purse strings and spent $1.15 billion online between midnight and…

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Thanksgiving sales surge online as shoppers stay home for holiday

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SEC approves ‘Hubble Telescope’ for securities markets

The U.S. Securities and Exchange Commission voted on Tuesday to approve a massive stock and options trading database, prompted by the 2010 “flash crash,” aimed at helping regulators police the increasingly fast, fragmented and complex markets. The creation of a Consolidated Audit Trail establishes a regulatory central database for every trade order, execution, modification and cancellation, as mandated by the SEC in July 2012.

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SEC approves ‘Hubble Telescope’ for securities markets

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Exclusive: EU regulators expected to clear $25 billion Abbott, St Jude deal: source

(Reuters) – EU antitrust regulators are expected to give conditional clearance to U.S. medical device maker Abbott Laboratories’ bid for peer St Jude Medical Inc , a person familiar with the matter said on Tuesday.

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Exclusive: EU regulators expected to clear $25 billion Abbott, St Jude deal: source

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Elon Musk-backed AI startup and Microsoft sign cloud agreement

(Reuters) – OpenAI, the non-profit artificial intelligence (AI) research firm backed by Tesla Motors Inc’s Elon Musk and other prominent tech executives, has signed an agreement to run most of its large-scale experiments on Microsoft Corp’s flagship cloud service, Azure. OpenAI will use Azure for its experiments in deep learning and AI, and Microsoft will collaborate with the company …

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Elon Musk-backed AI startup and Microsoft sign cloud agreement

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Replacement Samsung Note 7 phone emits smoke on U.S. plane: family

By Steve Bittenbender LOUISVILLE, Ky. (Reuters) – A replacement model of the fire-prone Samsung Note 7 smartphone began smoking inside a U.S. plane on Wednesday, the family that owns it said, prompting fresh investigations by the Consumer Product Safety Commission and the Federal Aviation Administration. A problem with the replacement…

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Replacement Samsung Note 7 phone emits smoke on U.S. plane: family

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Bank Hapoalim warns on profits due to U.S. tax probe

Bank Hapoalim , Israel's largest bank, said on Thursday it would make a further provision estimated at $70 million for settling a U.S. tax evasion investigation which could have “a significant impact” on its third-quarter results. The…

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Bank Hapoalim warns on profits due to U.S. tax probe

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Exclusive: Twitter to conclude sale deliberations this month – sources

Twitter Inc has told potential acquirers it is seeking to conclude negotiations about selling itself by the time it reports third-quarter earnings on Oct. 27, according to people familiar with

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Exclusive: Twitter to conclude sale deliberations this month – sources

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Wal-Mart’s next move against Amazon: More warehouses, faster shipping

By Nandita Bose CHICAGO (Reuters) – Wal-Mart Stores Inc is accelerating its investment in e-commerce in a bid to narrow the gap with Amazon.com Inc and to give it an even more dominant position against the rest of the field in retail. The world's largest retailer is now on track to double the number of giant warehouses dedicated to online sales to 10 by the end of 2016, according to Justen Traweek, vice-president of…

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Wal-Mart’s next move against Amazon: More warehouses, faster shipping

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