Professional Documents
Culture Documents
1-Iraqi Forces Press Offensive: Business
1-Iraqi Forces Press Offensive: Business
-Kurdish and Iraqi forces captured 17 villages near Mosul amid stiff
Islamic State resistance, in the first day of a battle to retake the city. (take into
one's possession or control by force.)
-Kurdish and Iraqi forces captured 17 villages around Mosul on Monday, Iraqs
military said, but Islamic State slowed their advance with heavy mortar fire
that signaled a potentially fierce battle for the militant groups last major
stronghold in Iraq.
-A State Department official in 2015 tried to keep the FBI from marking a
Hillary Clinton email as classified, documents show.
-A State Department official in 2015 tried to keep the Federal Bureau of
Investigation from marking a Hillary Clinton email as classified, according to
documents that reveal the extent to which officials sought to reduce the
number of messages judged to contain national secrets.
reassuring investors about growth and sending shares surging 20% after
hours.
-Netflix Inc. blew through its forecast for subscriber additions in the
September quarter, reassuring ( ) investors who were
skittish(unstable) about the streaming giants growth trajectory (path) and
sending its shares soaring (high) 20% in after-hours trading.
Business
19-10
- Until a few years ago, the pans and griddles were made in China, but most of the
ma- terials that went into them were not. Mr. Huang imported most of the resins,
pigments and pastes for his coatings from multinational suppliers such as Dow
Chemical Co. of the U.S. and Eckart Effect Pigments of Germany.
Now, in a shift that is echoing throughout Chinas vast manufacturing sector, he is
buy- ing more than 70% of those things from local suppliers.
Business
1- Yahoo Looks to Bright Side After Breach
- Yahoo notched an increase in third-quarter earnings and said
usage rose slightly since the company disclosed a data breach.
- Yahoo Inc. on Tuesday posted an increase in third- quarter profit
and said usage of its email product has increased slightly since
disclosing a massive data breach, rare bits of good news as it
clings to () a deal to sell itself to Verizon Communications
Inc.
-The five men came at mid- night. The police are here, Jiang
Ling told her husband, Jeff Sikkema, rousting him from bed in their
Shanghai apartment.
For the next few hours, Mr. Sikkema said he watched as the
plainclothes Chinese authorities questioned his wife early Friday
about her activi- ties with Australian gambling company Crown
Resorts Ltd
20-10
1- Trump Wavers on Accepting Result
- Trump and Clinton clashed in their final debate, with the GOP
candidate, who has repeatedly said that the election process is
rigged , refusing to commit to respecting the results if his
Democratic rival wins.
-I will keep you in suspense, Republican says about conceding if
Clinton wins election
-Donald Trump refused Wednesday to commit to respecting the
results of the presidential election if his Democratic rival Hillary
Clinton wins, hinting at a challenge to one of the longtime
traditions of American democracy.
Business
1- Google TV Service Signs On CBS
(CBS is an American
21-10
-Heightened emphasis by banking regulators and lawenforcement officials on financial misconduct may be constraining
global growth, some officials warn.
- A heightened emphasis by banking regulators and lawenforcement officials on financial misconduct may be constraining
global growth, some officials warn.
financial misconduct and dishonesty includes but is not limited to: theft or other
misappropriation of assets, including assets of the college, our suppliers, or others with
whom we have a business relationship.
-Some werent told for months that their results were dubious
- Sheri Ackert worried she might have a new tumor. Steve
Hammons stopped taking his blood-thinning medication. Kimberly
Toy emptied the pasta and sweets from her cup- boards and said:
I cant believe this happened.
Business
the De Beers Group of Companies has a leading role in the diamond exploration,
diamond mining, diamond retail,diamond trading and industrial diamond manufacturing
sectors. The company is currently active in open-pit, large-scale alluvial, coastal and
deep sea mining.[2] The company operates in 28 countries and mining takes place
in Botswana,Namibia, South Africa and Canada
22-10
-Debate over whether content should be removed as hate speech reached CEO
-Some of Trumps Face- book posts set off a debate within the firm about
whether they should be removed. CEO Zuckerberg ruled it would be inappropriate
to censor the candidate.
- Some of Republican presidential candidate Donald Trumps posts on Facebook
have set off an intense debate inside the social media company over the past year,
with some employees arguing certain posts about banning Muslims from entering
the U.S. should be removed for violating the sites rules on hate speech, according
to people familiar with the matter.
Business
- Rainy days can slow down the fastest traders. That may be a
good thing.
-A debate has raged about whether high-frequency trading helps
or hinders markets. One side argues the massive number of
transactions lowers costs by narrowing the spreads between bids
and offers. Critics counter that spreads widen since slower traders
need insurance against getting caught flat-footed.
- Will Danoff manages Fidelitys $108 billion Contrafund. In notebooks, such as the
one above, Mr. Danoff has logged tickers and other details about every company he
has met with over the past quarter-century.
- Fidelity Investments is an American multinational financial services corporation.
It is the fourth largest mutual fund and financial services group in the world.
- In this respect, a contra fund is a diversified equity fund. It parts company with
other diversified equity funds in the types of stocks it chooses to invest in. As the
name suggests, it follows a contrarian view to investing.
24-10
1-Clinton Ally Aided FBI Wife (short for political action committee.
"over 80% of the financial support of 9 House members came from PACs")
-AT&Ts deal to buy Time Warner for $85.4 billion faces possible
opposition from U.S. antitrust authorities and objections from
lawmakers and rivals.
-AT&T Inc.s blockbuster (a book or movie that is very successful) $85.4 billion deal to
buy Time Warner Inc. promises to re- shape the media landscape
if the companies can navigate a series of obstacles, including
possible opposition from U.S. antitrust authorities and objections
by lawmakers and media and telecom rivals.
Business
1- AT&T Deal Came Together Swiftly (the making of
the at&t deal)
25-10
1-France Starts Clearing Camp That Symbolized Migrant
Crisis
UPROOTED: Nearly 2,000 people were transported from the Calais
migrant camp to other parts of the country on Monday
Business
Nearly a decade has passed since the smartphone sparked a startup gold rush. Silicon
Valley investors have yet to identify the next product that will spawn a similar wave of
tech companies and lucrative returns.
Venture capitalists are spreading their bets across technologies where the path to
profits is unclear, including self-driving cars, drones, artificial intelligence, virtual reality
even food.
-Shares of Time Warner fell 3.1% to $86.74 on Monday trading about 19% below the
deal value. AT&Ts shares declined 1.7% to $36.86.
- Many of these big players come from Chinaand their money flows far beyond the
gaming tables at Crown Melbourne, Australias largest casino resort. Luxury
retailers, tour operators and real-estate agents say they count on Chinese
customers for a significant slice of their business.
5NetflixandMicrosoftatWSJDLive
Netflix CEO Reed Hastings, top, said Monday night he would support AT&Ts
purchase of Time Warner as long as HBOs bits and Netflixs bits are treated
the same. He spoke at The Wall Street Journals WSJDLive global technology
conference in Laguna Beach, Calif. Taking the stage soon after, Microsoft CEO
Satya Nadella said he is driving his company to evolve during a time of swift
technological change: We want to push to be more of a learn-it-all culture
than a know-it-all culture. Follow live updates, including interviews Tuesday
with AT&Ts Randall Stephenson and Time Warners Jeff Bewkes, at
WSJ.com/WSJDLive.
Hanjin Sails Out of Europe
South Koreas biggest shipping company will close its European operations,
signaling it may be heading toward liquidation.
Dashboard Screens Frustrate Buyers
Infotainment systems that fail to seamlessly connect smartphones and
exhibit other glitches challenge car makers.
26-10
1-Apple Sags
-Bayer is offering $57 billion for Monsanto, and that means Billy
Talen has some fiery new songs to write.( Monsanto Company is a publicly traded
American multinational agrochemical and agricultural biotechnology corporation)( Bayer AG is a German multinational
chemical and pharmaceutical company founded in Barmen)
Business
Equipment maker expects tough year as it copes with fallout from the
commodities bust and prepares for leadership change.
BOSS TALK | B8
Yum Arrives At Pivotal Time
CEO Greg Creed sees once in a lifetime opportunity to rethink business
model as spinoff of massive China business looms.
FOOD | B6
Chipotle Struggles For Customers
Same-store sales for the burrito chainstill recovering nearly a year after an
E.coli outbreakfall a worse-than-expected 21.9%.
27-10
1-Clinton Emails Tie Charity to Fees for Speeches
Business
28-10
1- GE Pursues Major Deal in Oil Patch
-October is the busiest month for deals as Qualcomm reaches agreement with NXP
-The eve of a presidential election is typically a time when companies put merger plans on hold
and wait for clarity on crucial matters like antitrust policy. Not this year.
- less than two weeks before voters head to the polls, U.S. companies have unleashed a wave of deals that has
made this month the busiest ever
-House Speaker Ryan is likely to remain in the top job next year, but his path to get there will
be narrow and precarious.
-House Speaker Paul Ryan, under fire from conservatives for rebuffing Republican
presidential nominee Donald Trump, is likely to remain in the top job next year, but his path to
get there will be narrow and precarious.
-Chinas President Xi emerged from a Communist Party conclave with a new leadership title,
cementing his pre-eminent status
-Chinese President Xi Jinping emerged from a top- level Communist Party conclave
with a new leadership title, signifying his unrivaled authority as he prepares to extend
his dominance for years to come.
Shipping & Transit demands license fees from firms, saying it invented shipping notifications
-Like almost every online retailer, Spice Jungle LLC emails tracking numbers to customers when
they place orders. Thats why the small firm was dumbfounded when it received a demand to pay
$25,000 for the right to do so.
XXXXGaining Altitude
Bond yields around the globe have bounced off this years lows as inflation has
turned higher. The yield on the 10-year U.S. Treasury note rose to the highest in four
months Thursday.
Business
1- Amazon Takes Hit as Costs Surge
- Qualcomm Inc. is an American multinational semiconductor and telecommunications equipment company that
designs and markets wireless telecommunications products and services.
29-10
1- FBI Reopens Clinton Email Probe
its oil andgas reserves, and possibly write down some assets.
- Exxon Mobil Corp. warned that it may have to cut nearly 20% of
its oil and gas reserves, and possibly write down some assets,
capitulating to the slump in global energy prices after
years of keeping the value of its massive holdings steady.
Gross domestic product rose at a 2.9% rate in the third quarter, the fastest
pace in two years, after three quarters of sub-2% growth.
Candy Corn
Business
1- Inflation Worries Dominate
- Investors are scooping up financial assets that often gain
ground when consumer prices are expected to rise.
-Demand surges for a swath of assets that gain ground
when consumer prices rise
-The inflation trade is back on Wall Street.
-With signs of rising prices around the globe, investors who for
long craved inflation finally seem close to getting some, and they
are preparing.
-For fund managers, the days of If you cant beat em, join em
might be coming to an end.
- For years, many fund managers done much managing at all. Rather than
painstakingly pick what they believe are the best stocks and avoid those
they think are the worst, they shadow the market index against which their
performance is evaluated. Here and there, they buy a bit more of this stock
and a little less of that one, in what is known as closet indexing.
- Closet indexing, also known as index hugging, refers to the practice of fund
managers claiming to manage portfolios actively when in reality the fund stays
close to a benchmark.
31-10
1-FBI, Justice Feud in Clinton Probe (FBI in
internal feud over emails)
- The FBI disclosure that it is taking a new look at Clinton emails
ahead of the election reveals tensions inside the bureau and
Justice Department over the probe.
-The surprise disclosure that agents from the Federal Bureau of
Investigation are taking a new look at Hillary Clintons email use
lays bare, just days before the election, tensions inside the bureau
and the Justice Department over how to investigate the
Democratic presidential nominee.
Business
1- American Jet Fire Stirs GE Engine Probe
spendingonCDslatelyhasntnecessarilybeengoingtotheartistsandrecord
labelswhocreatedthemusic
Inthelatestchallengeforthebatteredmusicindustry,piratesarefloodingAmazon.comInc.andotheronline
retailerswithcounterfeitCDsthatoftencostnearlyasmuchastheofficialversionsandincreasinglyare
difficulttodistinguishfromtherealgoods.
OnemajorrecordcompanysaidthatinsomeEuropeanmarketsitsdirecttoconsumerCDsaleswereflat,
whileitsAmazonaccountsalesweredown17%ormorethisyearduetocounterfeits.