Business Trucking News+ More The Dow posts another record high on strength in healthcare + MORE 12/13/2016

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By Ruth Simon and Ted Mann Linda McMahon, President-elect Donald Trump’s pick to run the U.S. Small Business Administration, once supported a plan that could have eliminated the cabinet seat she is now slated to hold.Ms. McMahon, a co-founder of World Wrestling Entertainment Inc., twice unsuccessfully ran for a Senate seat in her home state of Connecticut…

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U.S. President-elect Donald Trump took aim at another major defense contractor on Monday, saying the cost of Lockheed Martin’s F-35 fighter jet program was too high. Conway Gittens reports.

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The International Monetary Fund chief pledged to fight “allegation by allegation” charges of negligence when she went on trial in Paris over her role in a huge payout by the French state to businessman Bernard Tapie in 2008. AsSonia Legg reports, Christine Lagarde was France’s finance minister when she approved an out-of-court settlement with Bernard Tapie to end a long-running dispute between the magnate and the French state…

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The Dow rally continued but the S&P 500 and Nasdaq Composite fell on Monday after six sessions of gains, weighed by tech sector stocks, while a rally in energy shares petered out as crude oil gains withered. Bobbi Rebell reports.

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Business Trucking News+ More S&P ends week up three percent + MORE 12/11/2016

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Fatal accident theme park reopens

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The Dreamworld theme park in Australia has reopened for business after October’s deadly ride accident which killed four people. Paul Chapman reports.

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New York-based Twenty-First Century Fox has bid more than $14.1 billion to take control of British broadcaster Sky. Jeanne Yurman reports.

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Recon Capital Chief Investment Officer Kevin Kelly still recommends equities over fixed income but, as he tells Bobbi Rebell, there are risks investors need to watch out for in the Trump rally.

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S&P ends week up three percent

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Major U.S. stock indices powered to another day of fresh record highs on Friday, with the S&P 500 ending the week up three percent. Bobbi Rebell reports.

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Two major Chinese state-owned oil companies have chartered ships to load more than 2 million barrels of U.S. crude oil in December, three sources told Reuters on Friday, the biggest sale to China since the U.S. lifted a ban on oil exports one year ago.

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Business Trucking News+ More S&P Global's Erin Gibbs on why the market rally will continue + MORE 12/09/2016


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WWE eyes tough-to-crack Chinese market

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WWE, the $1.4 billion company known for its big personalities and their story lines, wants its Chinese athletes to be the next TV sensation in China, a market where other U.S. media companies have faltered.

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President elect Donald Trump outlined a series of challenges as he introduced his choice to serve as the next U.S.. Ambassador to China, Iowa Governor Terry Branstad. Rough Cut (no reporter narration).

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Erin Gibbs of S&P Global talks with Bobbi Rebell about why she expects to see a Santa Claus rally this December, and why she is paying particular attention to the retail sector for 2017.

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Major U.S. stock indexes climbed again on Thursday and set fresh record highs, as a month-long rally, following the presidential election of Donald Trump, rolled on. Bobbi Rebell reports.

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Seph Skerritt started Proper Cloth as an online store for custom men’s shirts. Now he has a large showroom to go with it.

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