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IRS sues Facebook for $9B, says company offshored profits to Ireland
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Half of world's wealthy bracing for huge sell-off in 2020, UBS says
A majority of the wealthiest investors in the world are preparing for a huge market sell-off in 2020, according to a new report released by UBS Wealth.
More than half of the 3,400 high-net-worth individuals surveyed by UBS said they think there will be a significant market sell-off befor…
Nike to change pregnancy policy for athletes in contracts after backlash over freezing pay
Nike unveiled a self-lacing basketball sneaker that allows wearers to customize their fit in real time through a phone app. Dubbed the Nike Adapt BB, the sneaker automatically resizes once placed on the foot. Once in place, athletes can use buttons on the side of the sneaker or access an app in …
Stocks drop amid renewed concerns over China tariffs
Bloomberg reported that Trump has told aides he wants to impose tariffs on $200 billion in Chinese goods.
Roundup’s $289M cancer verdict opens up floodgates for thousands of other lawsuits
The influx of lawsuits come after a jury in California awarded a man $289.2 million in damages caused by its products.
Netflix will see ‘cash flow explosion’ by 2020: analyst
Netflix is burning cash, but that could change very quickly.
Chick-Fil-A ranked top fast-food restaurant in customer satisfaction
The ACSI’s rankings are based on several benchmarks, including order accuracy, food quality, cleanliness and variety.
Startup that makes robots for Walmart just raised another $29M
Bossa Nova said it plans to make hundreds of robots a month to meet new retailer demand.
Chipotle shares rise as chain tests new menu items
The company previously relied on a minimalist menu that featured burrito bowls, tacos and salads.
Paul Ryan is a ‘lame duck leader,’ says Judge Jeanine Pirro
Judge Jeanine Pirro tells FOX Business’ Lou Dobbs that she is convinced Rep. Paul Ryan (R-Wis.) must immediately leave his post as House Speaker.
US manufacturers report record-high optimism after tax reform
The National Association of Manufacturers says members plan to boost hiring, wages and investments.
Subway is in trouble, looks to consulting firm for help
The 52 year-old sandwich chain has reportedly hired Bain & Company to help with sales slump.