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16 сентября, 23:29

GM strike lurches on as Trump and other political leaders watch and wait

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GM had a banner year in 2018. Now 50,000 striking workers have shut down the company’s production.

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16 сентября, 21:48

Private Banks Really Should Know Where Their Customers Live

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Judging by how little StanChart knew about some of its wealthiest customers, battling money laundering will be a long and costly journey.

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16 сентября, 20:44

Purdue Pharma’s Bankruptcy Is Far From Opioid Closure

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The Sackler family’s settlement won’t end the fight over the company’s assets and sets an expensive bar for other exposed drugmakers and suppliers.

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16 сентября, 19:15

Saudi Attacks Aren’t Bullish for One Energy Market

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High oil prices will encourage more fracking, which will add to a glut of gas supply.

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16 сентября, 18:26

Saudi oil attacks could cause U.S. gas prices to rise by 10 to 25 cents a gallon, experts say

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Global oil prices have surged since drone strikes pierced Saudi Arabia’s oil industry, forcing the kingdom to cut production in half. But what this means at the pump largely depends on how quickly output returns to normal.

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16 сентября, 18:24

How U.S. Presidents Use Strategic Petroleum Reserve

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U.S. President Donald Trump might tap the nation’s emergency oil stockpile to stabilize pump prices in the wake of a major shock to global supply. The tool at his disposal is the Strategic Petroleum Reserve, set up in the aftermath of the Arab oil embargo in the 1970s as a backup in case of subsequent supply shocks. It’s the world’s largest supply of emergency crude, stored in deep and heavily guarded underground salt caverns along the U.S. Gulf Coast. At present, the reserve totals 630 million

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16 сентября, 18:15

How U.S. Presidents Use Strategic Petroleum Reserve: QuickTake

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U.S. President Donald Trump might tap the nation’s emergency oil stockpile to stabilize pump prices in the wake of a major shock to global supply. The tool at his disposal is the Strategic Petroleum Reserve, set up in the aftermath of the Arab oil embargo in the 1970s as a backup in case of subsequent supply shocks. It’s the world’s largest supply of emergency crude, stored in deep and heavily guarded underground salt caverns along the U.S. Gulf Coast. At present, the reserve totals 630 million

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16 сентября, 16:41

The Future of Capitalism

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Capitalism creates prosperity. By channeling energies into production and innovation, it has enabled billions of ordinary people to live better than the royalty of old. But capitalism puts power into the hands of owners, including hard-to-love billionaires and multinational corporations. It’s blamed for widening the gap between rich and poor. Many people equate it with cronyism and the capture of government by special interests. One camp says the solution is to clean up capitalism: End subsidies

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16 сентября, 16:41

Vaping Was Called Safer Than Smoking. What Happened?

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The growing use of battery-powered e-cigarettes -- the activity known as vaping -- has provoked one of the most robust debates among public-health specialists in years. The debate has intensified as some users of vaping devices, which have been thought of as safer than lit cigarettes, have come down with mysterious and serious respiratory ailments.

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16 сентября, 16:40

Why Big Energy Opposes Trump Break on Methane Leaks

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Natural gas is now the top fuel used to produce electricity in the U.S., having dethroned coal. It’s cheap, and when burned cleanly it emits only half the carbon dioxide of coal. But there’s a catch: If natural gas gets into the air without being burned, it releases methane, a potent greenhouse gas on its own. So the case for natural gas as a “green” fossil fuel rests on methane leaks being kept to a minimum. The Trump administration is about to make that harder.

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16 сентября, 16:00

Enticed by low mortgage rates? Here are other factors you should weigh when determining whether to buy.

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Low rates aren't everything. You should also consider how long you will stay in the home before moving and whether you will recoup your transaction costs.

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