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China confronts its Lehman moment

China’s leaders are often praised for their steady management of the economy. But it is increasingly clear that they are haunted by the specter of a Lehman-style financial collapse. On Thursday, we learned from a flurry of reports (including in the Wall Street Journal, Financial Times and Bloomberg) that the China Banking Regulatory Commission has More...

by kradzcalypse | Published 1 day ago
By kradzcalypse On Saturday, June 24th, 2017
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Apple’s Week Centered on Tim Cook and Qualcomm

In a first in quite some time, Apple suffered from a rather troubled week. Over the past several days, Apple was forced to deal with some problems. The company has been quietly scrubbing the App Store of what More...

By kradzcalypse On Saturday, June 24th, 2017
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No, Uber’s Business Model Is Not the Problem

This article first appeared in Term Sheet, Fortune’s newsletter on deals and dealmakers. Sign up here. After Uber CEO Travis Kalanick was fired, one of the (many, many) takes on the news was that Uber’s business More...

By kradzcalypse On Friday, June 23rd, 2017
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US stocks move higher after energy firms recoup losses

US stock indexes nudged higher today after energy companies clawed back some of their sharp losses from earlier in the week.After meandering up and down through the day, the Standard & Poor’s 500 rose 3.80 More...

By kradzcalypse On Friday, June 23rd, 2017
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Big Company CFOs Call Trump’s Management Style ‘Volatile,’ ‘Terrible’ and ‘Clueless’

What the President of the United States does can have lasting effects on multinational companies. That’s why chief financial officers watch the White House and Capitol Hill so closely. And what they see in the More...

By kradzcalypse On Thursday, June 22nd, 2017
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IKEA Is Investigating Reports of a Shiny Serving Bowl Setting Stuff on Fire

Several companies like Samsung have had issues with their technologically advanced products catching fire (and in some cases burning down homes in Louisiana). Now IKEA may have a similar issue with a slightly More...

By kradzcalypse On Wednesday, June 21st, 2017
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Uber and Out

Travis Kalanick, visionary and pantomime villain, has resigned as CEO of Uber—under pressure from shareholders, as the New York Times, which broke the news, would have it. The NYT said five of Uber’s biggest More...

By kradzcalypse On Tuesday, June 20th, 2017
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See the Look on Tim Cook and Jeff Bezos’ Faces When They Met With President Trump

President Donald Trump met with top leaders in the tech industry at the White House Monday to discuss using technology to modernize government. Apple CEO Tim Cook, Microsoft CEO Satya Nadella and Amazon CEO Jeff More...

By kradzcalypse On Monday, June 19th, 2017
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Meal-Kit Service Blue Apron Seeks $3.2 Billion Valuation With IPO

Blue Apron said on Monday it expected its initial public offering to be priced at $15 to $17 per share, giving the biggest U.S. meal kit delivery company a valuation as high as $3.18 billion. New York-based Blue More...

By kradzcalypse On Monday, June 19th, 2017
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IMF’s Lipton says it’s premature for BOJ to talk about policy normalisation

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