Category: Business

  • How “Fixing” Transportation Will Change Trucking

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    The U.S. Dept. of Energy talks how and why the business of trucking is changing, its role in helping transportation evolve, and why the time is now to adapt to what’s coming. Those on the inside of trucking and freight movement have seen the changes happening in transportation, many of them relating to new technologies […]

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  • How U.S. retailers turn their bane into boon with ‘click and collect’

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    Yet last U.S. holiday shopping season showed stores may offer retailers a rare competitive advantage as they scramble to fend off the challenge from e-commerce giant Amazon.com and other online retailers. Enter “click and collect.” Sales where customers order goods online and pick them up at a nearby store soared 47 percent in November and […]

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  • Huawei risk can be managed, say UK cyber-security chiefs

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    Any risk posed by involving the Chinese technology giant Huawei in UK telecoms projects can be managed, cyber-security chiefs have determined. The UK’s National Cyber Security Centre’s decision undermines US efforts to persuade its allies to ban the firm from 5G communications networks. The Chinese government is accused of using Huawei as a proxy so […]

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  • Amazon cancels New York City campus plan

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    Amazon has said it will not build a new headquarters in New York, citing fierce opposition from state and local politicians. The dramatic turnabout comes just months after the firm named New York Cityone of two sites selected for major expansion over the next decades. City and state leaders had agreed to provide about $3bn […]

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  • Tax On Business Sale? Company, Owners Or Both May Pay IRS

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    The sale of a business is usually a big event in the owner’s life. Many people work for decades or a lifetime before selling. Others build and sell multiple businesses every few years. There are also mega and serial buyers and sellers like Warren Buffett, one of the most tax savvy of all. Selling a business […]

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  • Jeff Bezos: AMI defends position on Amazon founder

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    The owner of a US gossip magazine accused of blackmail by Amazon founder Jeff Bezos says that it acted in good faith but will conduct an inquiry. American Media Inc (AMI), the National Enquirer’s parent company, also says it believes it acted lawfully in its reporting on the world’s richest man. Mr Bezos accused AMI […]

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  • Spotify splashes out millions of dollars on podcasts

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    Spotify is splashing out millions of dollars as it tries to move beyond music into the growing podcast market. The music streaming service has bought Gimlet Media, behind a string of popular podcasts including Reply All, and podcast publishing platform Anchor. The Swedish firm has also pledged to spend $400-$500m (£308m) this year on further […]

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  • Banned Turkmenistan Airlines leaves thousands stranded

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    Thousands of passengers have been left stranded after air regulators grounded Turkmenistan Airlines for safety reasons. The UK’s Civil Aviation Authority said flights from Birmingham and London’s Heathrow to Amritsar, and Heathrow to New Delhi – which fly via Ashgabat, Turkmenistan – had been suspended. The CAA acted after the European Aviation Safety Agency suspended […]

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  • US economy adds 304,000 jobs in January

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    The US economy added a stronger-than-expected 304,000 jobs in January, official figures have shown. The figure was far in excess of economists’ forecasts of 165,000. However, December’s jobs growth figure was revised to 222,000, down from an initial estimate of 312,000. Last month saw jobs being added in leisure and hospitality, construction, health care, transportation […]

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  • Uber services suspended in Barcelona

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    Ride-hailing company Uber says it has suspended its services in the Spanish city of Barcelona because of new regulations. The decision comes after the Catalan government insisted on imposing a 15-minute delay before passengers could be picked up. Uber has been the target of protests by taxi drivers in Barcelona who say their business is […]

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