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Anbang in talks with Kushner for New York building overhaul: source

China's Anbang Insurance Group is in talks to invest in a project to redevelop a flagship New York City building owned by Kushner Companies, the family real estate business run by U.S. President-elect Donald Trump's son-in-law Jared Kushner, according to …

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Anbang in talks with Kushner for New York building overhaul: source

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Goldman Sachs to settle U.S. rate-rigging lawsuit for $56.5 million

NEW YORK (Reuters) – Goldman Sachs Group Inc has agreed to pay $56.5 million to resolve a U.S. class action lawsuit accusing it and other banks of rigging an interest rate benchmark used in the $553 trillion derivatives market.

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Goldman Sachs to settle U.S. rate-rigging lawsuit for $56.5 million

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China’s HNA to buy 25 percent stake in Hilton for $6.5 billion

Chinese aviation and shipping conglomerate HNA Group said on Monday it would buy about 25 percent of hotel operator and manager Hilton Worldwide Holdings Inc from biggest shareholder Blackstone Group LP for $6.5 billion. Shares of Hilton, whose brands include Conrad Hotels & Resorts, Curio and Double Tree as…

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China’s HNA to buy 25 percent stake in Hilton for $6.5 billion

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A Texas unicorn preps for a rare oil IPO

Founded by a retired NFL player and his high school buddy – with land deals signed on the hood of a pickup – the Fort Worth oil and gas company is now worth nearly $3 billion, according to a half dozen bankers who have examined its value. An IPO would be a crowning achievement for John Sellers and Cody Campbell, who co-founded predecessor companies starting …

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A Texas unicorn preps for a rare oil IPO

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BlackRock quarterly profit rises 3.8 percent

(Reuters) – BlackRock Inc, the world's largest asset manager, reported a better-than-expected quarterly profit, showing resilience in what has been a weak market for many traditional asset managers. BlackRock attracted total “long-term” net flows of $55.18 billion in the latest quarter, up from $35 billion a year earlier. On an adjusted basis, BlackRock earned $5.14 per share, beating the average analyst …

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BlackRock quarterly profit rises 3.8 percent

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Domino’s revenue jumps more than expected

(Reuters) – Domino's Pizza Inc on Tuesday reported a bigger-than-expected 17 percent jump in quarterly revenue as its U.S. division overcame intense competition that is taking a bite out of industry sales.

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Domino’s revenue jumps more than expected

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Once jobless and uncounted, eager workers could slow Fed rate hike

By Howard Schneider WELLSTON, Missouri (Reuters) – The crammed-to-capacity parking lot at a job training center in this St. Louis suburb is exhibit A for why the U.S. Federal Reserve remains at odds over the health of the U.S. labor market and how quickly interest rates should rise. Among those in the building on a recent fall day, 23-year-old Joshua Goodson described his recent work history as a “dead end…

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Once jobless and uncounted, eager workers could slow Fed rate hike

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Goldman Sachs’ profit jumps 58 percent as trading revenue surges

(Reuters) – Goldman Sachs Group Inc reported a 57.9 percent rise in quarterly profit on Tuesday as trading revenue surged.

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Goldman Sachs’ profit jumps 58 percent as trading revenue surges

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Starbucks, Amazon pay less tax than a sausage stand, Austria says

Multinationals like coffee chain Starbucks and online retailer Amazon pay less tax in Austria than one of the country's tiny sausage stands, the republic's center-left chancellor lamented in an interview published on Friday. Chancellor Christian Kern, head of the Social Democrats and of the centrist coalition government, also criticized internet giants

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Starbucks, Amazon pay less tax than a sausage stand, Austria says

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Chinese consumers take credit for boom in car loans

By Jake Spring BEIJING (Reuters) – Chinese households, traditional savers with an aversion to debt, are rapidly warming to the idea of borrowing to buy a car, as automakers push financing deals to boost sales and margins in an increasingly competitive market.

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Chinese consumers take credit for boom in car loans