• Citigroup profit rises on investment banking boost

    5 days ago - By Reuters

    Citigroup Inc reported a 2 percent rise in quarterly earnings on Monday, as investment banking revenue surged and net interest margin expanded.
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  • Automotive Minute: BMW expands Ultimate Driving Experience to Atlanta

    Automotive Minute: BMW expands Ultimate Driving Experience to Atlanta

    5 days ago - By Biz Journals

    BMW is expanding its customer experiential driving clinic to 15 additional U.S. cities, including Atlanta. At each stop, customers are invited to get behind the wheel of the company's newest vehicles including the redesigned BMW 3 series, M2, M4, and fresh BMW X7.
    Features of the BMW Ultimate Drive Experience vary from market to market. Possible drive opportunities include an autocross course, street drives, car control clinic, teen driving school, and a hill-descent obstacle course. There will...
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  • Another day, another U.S. company forced to divest of Chinese investors

    5 days ago - By Tech Crunch

    Jeff Farrah
    Contributor
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    Jeff Farrah is the general counsel of the National Venture Capital Association .
    Foreign investment scrutiny continues to creep into the startup world via a once obscure U.S. government agency that has new tools and a shift in focus that stands to impact young, high-growth companies in huge ways. The Committee on Foreign Investment in the U.S., or CFIUS, recently made waves when it forced Chinese investors into two American companies to divest because of national security concerns.
    There is much to learn from these developments about how government...
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  • Facebook will stop rule breakers live streaming after the Christchurch massacre, but is set to resist bigger changes

    Facebook will stop rule breakers live streaming after the Christchurch massacre, but is set to resist bigger changes

    5 days ago - By Business Insider

    Facebook is going to stop users from posting live videos if they have broken the company's community guidelines in the past, The Sydney Morning Herald reports.
    The change, first mooted by COO Sheryl Sandberg, follows the Christchurch mosque massacre being broadcast on Facebook Live.
    Facebook looks set to eschew bigger changes like slapping a time delay on live videos - an old TV trick allowing potentially offensive material to be censored before it reaches viewers.
    Visit BusinessInsider.com for more stories.
    Facebook is going to introduce new restrictions on live streaming this month after...
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  • For first time in a decade, U.S. companies to report lower profits on higher revenue?

    5 days ago - By Reuters

    Wall Street is bracing for large U.S. companies to report a decline in quarterly profits even after raking in higher revenues, something that has not happened in more than a decade. Pascale Davies reports.
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