President Obama bans oil drilling in large areas of Atlantic and Arctic oceans

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President Obama bans oil drilling in large areas of Atlantic and Arctic oceans

Washington Post
President Obama moved to solidify his environmental legacy Tuesday by withdrawing hundreds of millions of acres of federally owned land in the Arctic and Atlantic Ocean from new offshore oil and gas drilling.

Here’s Why Nike Is Finally Getting A Bit of Love From Wall Street

Nike again managed to prove that the world’s largest athletic gear maker continues to dominate the competition. The Oregon-based athletic gear maker on Tuesday issued strong fiscal second-quarter results, including better-than-expected growth on

Olive Garden to go lifts Darden profits

Orlando Sentinel
To-go orders bolstered sales at Olive Garden and parent Darden Restaurants during its second quarter, and now the Italian chain is asking where to go next.

Paschi Falls to Record as Investors Said to Balk at Share Offer

Banca Monte dei Paschi di Siena SpA plunged to a record low amid mounting concern it will fail in its effort to raise 5 billion euros ($5.2 billion) of funds from money managers and individuals.

Obamacare insurance expansion tied to faster emergency care

Business Insider
(Reuters Health) – Some low-income U.S. patients may have an easier time choosing a hospital for emergency care thanks to the Patient Protection and Affordable Care Act (ACA), a new study suggests.

Social Security Checks Are Being Reduced for Unpaid Student Debt

Wall Street Journal
The federal government is increasingly taking money out of Americans’ Social Security checks to recover millions in unpaid student debt, a trend set to accelerate as more baby boomers retire.

How America’s biggest banks boost your fees

CBS News
Overdrafts, once used as a short-term accommodation to bank customers, have turned into a fee-for-all. Only six of the nation’s 50 largest banks restrict overdrafts with consumer-friendly policies.

Christmas trees: Plastic or real? That’s the eco-question

Deutsche Welle
One is natural, grown locally and must be bought every year. The other is made of plastic, but can be used again and again. Which is more environmentally sustainable: a real or an artificial Christmas tree?

Half of Americans workers aren’t using all their vacation days
This Sept. 19, 2013, file photo shows workers at the Target Technology Innovation Center office in San Francisco. (AP Photo/Jeff Chiu, File).

Walgreens, Rite Aid Find Unlikely Buyer for 865 Stores

Wall Street Journal
Walgreens Boots Alliance Inc. and Rite Aid Corp. moved a step closer to consummating a $9.4 billion merger that would leave the U.S.

Banks lead US stocks higher as Dow inches closer to 20000

Business Insider
NEW YORK (AP) – Major stock indexes are opening at record levels Tuesday as banks trade higher thanks to a recovery in bond yields and interest rates.

VW Reaches Deal for Emissions-Cheating Audi, Porsche Models

Volkswagen AG took an important step in digging out from its emissions-cheating scandal by reaching a $1 billion agreement to settle lawsuits over tainted 3.0-liter diesel engines.

FedEx Plays Hardball With Retailers as Profits Get Squeezed

Wall Street Journal
FedEx Corp. is playing hardball with some e-commerce shippers as the package delivery giant strains to manage the surge in holiday shopping packages.

Twitter is ‘toast’ and the stock is not even worth $10: Analyst

Twitter is “toast” as a company and the stock is not even worth $10, according to a research note published Tuesday, following the departure of another top executive at the social media service.

Spain Economy Predicted to Grow by Solid 0.7 Percent in Q4

New York Times
MADRID – Spain’s Central Bank says strong job creation and buoyant domestic spending is likely to keep the economy growing by a quarterly rate of 0.7 percent in the last three months of the year.

Seven Banks Fined in Swiss Probes of Rate-Rigging Cartels

Switzerland handed out about $100 million in antitrust fines against seven U.S. and European banks for participating in cartels to manipulate widely used financial benchmarks.

Mme. Lagarde’s Negligence

Huffington Post  
The “currency” of the IMF is not the SDR: it is trust among the global general public that the institution is competent, even-handed, and diligent.

Coke moves away from AB InBev with Africa bottling deal

Bottles of Coca-Cola are seen in a Casino supermarket in Mouans Sartoux, France, October 27, 2016. REUTERS/Eric Gaillard. By Philip Blenkinsop and Martinne Geller | BRUSSELS/LONDON.

Industrial-Gas Giant Takes Shape — WSJ

Industrial-gas giants Praxair Inc. and Germany’s Linde AG concluded a two-year courtship Tuesday, agreeing to join forces to create the industry’s biggest player with a combined market value of $66.6 billion.

Petra Kvitova attacked with knife

Beatrice Daily Sun
PRAGUE – Two-time Wimbledon champion Petra Kvitova was injured by a knife-wielding attacker at her home on Tuesday and had to undergo surgery on her left hand.

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