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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Mortgages are investment du jour for hedge funds

Category : Business

At a confab of big money managers, the hottest topic was the home loan market. Scared yet?

Continued here: Mortgages are investment du jour for hedge funds

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Manchester United: The business of soccer

Category : Business, Stocks

Winning the richest national soccer league for 13 of the last 21 years has guaranteed a big slice of broadcast revenue, and allowed the club to amass a global following.

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A Celebration of Sides: Barbeque Bests

Category : Stocks, World News

MISSION, KS–(Marketwired – May 9, 2013) – (Family Features) When you’re loading up the family for a big barbeque celebration, be sure to load up a variety of freshly-made salads and deliciously decadent brownies.

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20 biggest stock gainers

Category : Business, Stocks

Investors in these Fortune 500 companies took big risks and saw even bigger rewards in 2012.

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Does JPMorgan suffer from Dimon discount?

Category : Business

Shares of JPMorgan Chase have underperformed compared to other big banks. Would it do better if Jamie Dimon gave up the chairman title?

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Smoking: the government’s cowardly surrender to the tobacco lobby | Observer editorial

Category : Business

Cigarette manufacturers won a reprieve that will endanger more lives

It has been a big week for tobacco. The success of Ukip, a party keen to repeal the ban on smoking in pubs, has given cigarette companies an influential ally, one that has being doing sterling work seeking EU subsidies for tobacco growers.

Then came the momentous decision to drop plans that would have forced cigarette companies to sell their products in plain packs, something that even the powerful tobacco lobby must have thought out of its reach a few months ago.

But a relentless lobbying campaign that saw the industry channel money to spurious front groups to attack the plan has paid dividends. Stitching together a coalition that included newsagents, ex-police chiefs, retailers and brand organisations, not to mention hundreds of thousands of the public who signed a petition, the lobby strived to show the plan was unwanted and unworkable. Dire warnings were made of small shops going to the wall and thousands of jobs going abroad. The Treasury was warned that plain packs would be easy to copy, providing a major fillip to the counterfeit (untaxed) cigarette manufacturers.

Similar arguments were made in Australia by a big tobacco-funded campaign masterminded by a lobbying firm run by David Cameron’s election guru, Lynton Crosby. But Australia’s government introduced plain packaging last December. So far, there is no evidence that the dire predictions made by the tobacco lobby have been realised.

The tobacco industry argues that there is no evidence that plain packs discourage young people from starting to smoke. But inspection of tobacco industry documents released as a result of lawsuits reveals that the industry has been preparing for the battle for at least a quarter of a century. It will deny it, but the tobacco industry understands how brands lure in young smokers. It needs this new generation to replace the older one that it is killing. The UK government has a mandate to improve the health of its citizens. Last week, it failed them.

Investors: Look beyond Merck’s patent loss

Category : Business, Stocks

Big Pharma is back, with shares of giant drug manufacturers doubling the returns of the broad market over the past six months. Yet Merck has been conspicuously left behind.

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Greece sells gambling monopoly stake

Category : Business

Greek-Czech investment fund Emma Delta snaps up 33% of Greek gambling monopoly Opap in Greece’s first big privatisation.

Originally posted here: Greece sells gambling monopoly stake

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The investment trend hedge funds want kept secret

Category : Stocks

Hedge funds are scooping up personal property tax liens from municipalities at a quick pace after big banks decided it was too risky.

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VIDEO: The end of instant coffee?

Category : World News

The growth of big coffee chains has not only transformed the high street, but also our taste for coffee.

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