Vote on Philip Green's Arcadia plan postponed, leaving 18000 jobs on a knife-edge

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Vote on Philip Green's Arcadia plan postponed, leaving 18000 jobs on a knife-edge

Sir Philip Green’s Arcadia fashion empire is teetering on the brink of administration after a crucial vote to rescue the business and secure 18,000 jobs was postponed – when the billionaire appeared to be losing the support of his landlords. Green’s Arcadia …
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How Amazon Recommends Movies on Prime Video

Amazon worldwide consumer CEO Jeff Wilke gave attendees of the company’s Re:Mars conference a look behind the curtain of content recommendation for Prime Video Wednesday, explaining how the company improved its recommendation algorithms to …
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It's Not The Planes That Mitsubishi Heavy Is After In Eyeing Purchase Of Bombardier's CRJ Regional Jet Line

Bombardier may be close to completing its exit from the airliner business, confirming Wednesday morning that it’s holding talks with Mitsubishi Heavy Industries to sell its once-mighty CRJ regional jet line. For Mitsubishi Heavy, which has struggled to make the …
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Brex Launches Accounting Portal to Connect Businesses With Accountants

Brex, the smartest corporate card in the room, today launched its accounting partner program, including a portal to help its customers find an
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Third Rock raises $770 million in new funding round

Third Rock Ventures, the Boston venture capital firm, said Thursday that it has raised $770 million from investors for its fifth and latest fund. The company has collected a total of $2.7 billion for life sciences businesses since its inception in 2007. “The risk in our …
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