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Jan 10, 2017
A man wipes off the headlights of the L.L. Bean Bootmobile in the parking lot at the facility where the famous outdoor boot is made. L.L. Bean is pushing back against a boycott led by a group urging consumers not to shop at retailers that support President-elect Donald Trump after it was revealed that Linda Bean, heir of the Maine-based company's founder, had donated to a political action committee that helped elect Trump. "We are deeply troubled by the portrayal of L.L. Bean as a supporter of any political agenda," Shawn Gorman, L.L. Bean's executive chairman, said in a statement posted to Facebook late Sunday.
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Dec 08, 2016
Trump tours a Carrier factory in Indianapolis, Dec. 1, 2016. Chuck Jones, the union leader who claims President-elect Donald Trump lied to Carrier employees while touting a deal to keep jobs in the U.S., says he started receiving harassing phone calls a half hour after Trump slammed him on Twitter. "I've been doing this job for 30 years," Jones, president of the United Steelworkers Local 1999, told CNN on Thursday morning.
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Jul 14, 2016
(Reuters) - Delta Air Lines Inc on Thursday reported a higher-than-expected profit for the second quarter and said it would make fewer seats available to the United Kingdom and elsewhere than previously planned this autumn so ticket prices do not drop. Atlanta-based Delta also said it would increase its flight capacity - its seats and how far it flies them - one percentage point less than it had expected for the fourth quarter to match reduced demand. Some of the biggest cuts will involve the United Kingdom.
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Jul 14, 2016
(Reuters) - Valeant Pharmaceuticals International Inc said on Thursday its former CEO Michael Pearson remains a significant shareholder of the Canadian drugmaker. Valeant said Pearson exercised and sold options representing about 4.4 million shares and sold about 411,000 shares of common stock in June and July. Pearson, who was replaced by Joseph Papa in May, still holds more than 3.5 million shares and is required to hold 1 million shares for two years following employment termination. (Reporting by Ankur Banerjee in Bengaluru; Editing by Don Sebastian)
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Jul 14, 2016
By Lucia Mutikani WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits unexpectedly held at lower levels last week, pointing to further momentum in the labor market after job growth surged in June. Another report on Thursday showed producer prices recorded their biggest gain in a year in June on rising costs for energy products and services. The data signaled economic strength that could allow the Federal Reserve to raise interest rates later this year.
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Jul 14, 2016
JPMorgan Chase & Co reported a marginally lower second-quarter profit on Thursday but still beat subdued analyst expectations, helped by loan growth and a tight control on operating expenses. The biggest U.S. bank by assets said its profit slipped 1 percent versus the same period a year earlier, as it set aside more money to meet future loan losses. JPMorgan shares were 2.4 percent higher in premarket trading.
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Jul 14, 2016
Sterling surged and world shares stopped in their tracks having hit an eight-month high on Thursday, as the Bank of England unexpectedly opted to keep its post-Brexit powder dry for at least few more weeks. Talk of more stimulus from Japan had put markets in a bullish mood ahead of what had been tipped as the BoE's first interest rate cut since 2009. European stocks and Wall Street futures trimmed some their day's gains.
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Jul 14, 2016
Defendant worked with two hackers in China for several years, targeting sensitive military technical data for theft.
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May 11, 2016
The sight of workers sleeping on the job is common in China, where a surplus of cheap labor can lead to downtime and employees at startup companies work long hours.
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Dec 14, 2015
This story is part of a weeklong Yahoo series marking one year since the opening of relations between the United States and Cuba.
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