That compares with a median forecast of 0.9 percent in a Bloomberg survey of nine economists and 0.2 percent expansion in the first three months of
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Viacom Inc. VIA -1.20 % executives are pressing ahead with plans to sell a stake in the Paramount Pictures movie studio despite resistance from controlling shareholder Sumner Redstone, potentially inflaming an already incendiary boardroom battle at the
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Foreclosures in the Richmond area rose 30.5 percent in the first six months of the year from the same period a year ago, according to a report released this morning by RealtyTrac, an Irvine, Calif.
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New Chancellor Philip Hammond has said “there will be no emergency budget” and vowed to do “whatever is necessary to keep the economy on track”.
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U.S. refiners could be helping to set the stage for another day of reckoning for oil prices. The global crude glut has now turned into a full-fledged glut for gasoline and diesel fuel as well, even though consumers are using near-record amounts of fuel …
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