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Urban Outfitters Slapped With Lawsuit Over Consumer Data Collection

Urban Outfitters Slapped With Lawsuit Over Consumer Data Collection

View this image › facebook.com It has become standard practice in the retail business for cashiers to request the ZIP code of customers paying with a credit card. But while most consumers readily supply this information, it isn’t required to check out. In fact, giving the impression it is required may be illegal. At least […]

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Sales Slim Down For Bethenny Frankel’s Skinnygirl Cocktail Brand

Sales Slim Down For Bethenny Frankel's Skinnygirl Cocktail Brand

View this image › Lisa Maree Williams / Getty Images The glory days for Skinnygirl Cocktails may be over. Beam reported Wednesday that comparable sales of Skinnygirl Cocktails, the low-calorie alcohol brand created by ex-reality TV star Bethenny Frankel, plunged 26% last year. It was the worst performer of the company’s spirits, which saw sales […]

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The Essential Emerging Markets Travel Kit For Bankers

The Essential Emerging Markets Travel Kit For Bankers

View this image › Sean Gallup / Getty Images If business travel were a sport, emerging markets professionals would be the long-distance runners. These individuals are constantly traveling around the globe to conduct financial analysis on the developing economies in some of the world’s most remote countries. While boarding a 17-hour flight to Singapore might […]

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Google Has Turned Android Into A Giant Advertisement

Google Has Turned Android Into A Giant Advertisement

sundarpichai @sundarpichai Follow We now have over 1 Billion Android activations and hope this guy in front of the building keeps that momentum going BF_STATIC.timequeue.push(function () { if (bfjs.isMobile() || !isIE8()) document.getElementById(“update_tweet_posted_time_1588240″).setAttribute(‘title’, ‘Time posted: ‘ + UI.dateFormat.get_formatted_date(‘Tue Sep 03 16:34:39 +0000 2013′, ‘UTC’) ); }); BF_STATIC.timequeue.push(function () { document.getElementById(“update_tweet_posted_time_1588240″).innerHTML = UI.dateFormat.get_formatted_date(‘Tue Sep 03 16:34:39 +0000 […]

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The Fed Changes Nothing And Suddenly Stocks Are Skyrocketing

The Fed Changes Nothing And Suddenly Stocks Are Skyrocketing

View this image › Manuel Balce Ceneta / AP The Federal Reserve decided not to begin reducing its $85 billion-a-month worth of treasury- and mortgage-backed securities purchases — a process that was dubbed “the taper” — as a result of a not-so-positive outlook for the U.S. economy. Basically, growth is not accelerating fast enough for […]

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Bank Gets Fined $100 Million For Having A Step By Step Guide To Sending Money To Iran And Sudan

Bank Gets Fined $100 Million For Having A Step By Step Guide To Sending Money To Iran And Sudan

View this image › Stefan Wermuth / Reuters / Reuters New York governor Andrew Cuomo announced Wednesday afternoon that Royal Bank of Scotland will pay $100 million for “violations of law in connection with transactions involving Iran, Sudan, other regimes and entities subject to international sanctions.” Several RBS employees were also dismissed from the company, […]

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J.C. Penney’s Numbers-Free Sales Update Viewed As Bad News

J.C. Penney's Numbers-Free Sales Update Viewed As Bad News

View this image › Via facebook.com Sometimes, no news is good news. But not when it comes to reports on how your company is faring, J.C. Penney learned today. The troubled retailer, which started issuing monthly performance updates in October as it works to repair its business, limited today’s holiday sales release to just three […]

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Why Banks Want To Get Their Traders Out Of Chatrooms

Why Banks Want To Get Their Traders Out Of Chatrooms

There’s been no bigger headache for bank executives, compliance officials, and lawyers than instant messaging — and no bigger goldmine for regulators and prosecutors. Small wonder then that many banks now want to get rid of the messaging. The Wall Street Journal reported Sunday that several banks, including JPMorgan Chase, the largest by assets in […]

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3 Reasons Why The Banking System Might Actually Be Safer

3 Reasons Why The Banking System Might Actually Be Safer

Coming up on the five year anniversary of the failure of Lehman Brothers and the worst of the financial crisis, has Wall Street gotten any safer for taxpayers? Anat Admati, a Stanford professor and one of the leading advocates for much stricter regulations on how much banks are allowed to borrow, best summed the opposing […]

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