• Omnicom's DDB wins U.S. Army's $4 billion marketing account

    20 days ago - By Fast Company

    But incumbent agency McCann still has a legal challenge to the decision pending.
    The U.S. Army has awarded its marketing account to Omnicom's DDB, a contract worth $4 billion over the next 10 years. According to a statement from the Department of Defense, the bid was led by DDB's Chicago office, but Ad Age reports that the Army account will be serviced by a new entity, much like how the agency built We Are Unlimited for its McDonald's client. The Army agency will be called Team DDB, led by DDB Chicago, and will include personnel from other Omnicom shops, including OMD, Critical Mass...
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  • Placements of calves on feed for the slaughter market in the U.S. for

    20 days ago - By AG Web

    Placements of calves on feed for the slaughter market in the U.S. for feedlots with capacity of 1,000 head or more totaled 11.7 million head, as of Nov. 1, 2018. The inventory was 3% above the Nov. 1, 2017 report.
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  • Trump and MBS Reveal What Energy Dominance Really Entails

    20 days ago - By Washington Post

    The U.S. may not rule the oil market, but it can certainly help destabilize it.
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  • Oil plunge could help US consumers, some emerging markets

    20 days ago - By Chron

    FRANKFURT, Germany - Holiday shoppers should enjoy more spending power thanks to the recent sharp drop in oil prices, though cheaper energy could also weigh on the U.S. economy by dampening investment in shale oil production.
    While the fall in oil prices doesn't yet match the 2014-2016 slump to $26 per barrel, the current decline should soon make itself felt through the global economy.
    The international crude benchmark, Brent, has fallen under $65 per barrel from a four-year high in early October over $86, and U.S. crude has dropped below $55 a barrel.
    Retailers in the U.S., who depend on...
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  • Goldman Sachs: Market plunge does not indicate a recession on the horizon

    20 days ago - By CNBC

    Peter Oppenheimer, chief global equity strategist at Goldman Sachs, expects the U.S. economy will grow but at a much slower pace of 1.6 percent by 2020.
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  • US durable goods orders fall 4.4% in October

    20 days ago - By CNBC

    Orders to U.S. factories for big-ticket manufactured goods fell by the largest amount in 15 months with a key category that tracks business investment showing weakness for a third straight month.
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  • U.S. business spending slowing; housing market weak

    20 days ago - By Reuters

    New orders for key U.S.-made capital goods were unexpectedly unchanged in October and shipments rebounded modestly, which could temper expectations of an acceleration in business spending on equipment early in the fourth quarter.
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