A star fund manager at Franklin Templeton lost $1.8 billion on Monday due to the market slide in Argentina, according to the Financial Times. Michael Hasenstab, a fixed-income fund manager, had several large positions in the Argentina bond market.
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Everything about the company is over-the-top: its growth, losses, potential conflicts of interest and financial gymnastics. By. Shira Ovide. August 14
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Yalman Onaran, Senior Finance writer for Bloomberg, on how the return to easy money is poised to slam banks. Hosted by Lisa Abramowicz and Paul
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By MAE ANDERSON and RACHEL LERMAN, AP Technology Writers. NEW YORK (AP) â Facebook has paid contractors to transcribe audio clips from users of its Messenger service, raising privacy concerns for a company with a history of privacy lapses.
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Shares of both Viacom and CBS fell Wednesday as an overwhelmingly negative market offset enthusiasm for the merger the two companies announced the day before. Shares of Viacom were off $2.05, or 7.04%, in early trading, down to $27.16 from $29.21.
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