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Video: Argentine Economy Minister In New York For Last Ditch Talks By Clip Syndicate Argentine Economy Minister Axel Kicillof unexpectedly arrived in New York on Tuesday to join last-minute debt negotiations with "holdout" investors in a bid to avert a default. After a long battle in the U.S. courts, Argentina has until the end of Wednesday to either pay in full the hedge funds that rejected its restructuring on their defaulted bonds, cut a deal or win a stay of the court order that triggered the deadline. ...Read More »
Video: Argentine Economy Minister In New York For Last Ditch Talks By Clip Syndicate Argentine Economy Minister Axel Kicillof unexpectedly arrived in New York on Tuesday to join last-minute debt negotiations with "holdout" investors in a bid to avert a default. After a long battle in the U.S. courts, Argentina has until the end of Wednesday to either pay in full the hedge funds that rejected its restructuring on their defaulted bonds, cut a deal or win a stay of the court order that triggered the deadline. ...Read More »
Video: Icahn Cuts Stake In Family Dollar By Clip Syndicate Activist investor Carl Icahn cut his stake in Family Dollar a day after the company agreed to be bought by rival discount chain Dollar Tree for $8.5 billion. Icahn said he was "determined" to dispose part of his stake rather than wait for the deal to close or for higher offers to emerge. Icahn reported a 6.03 percent stake in Family Dollar on Tuesday, down from about 9.39 percent that made him the largest shareholder.

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Video: DreamWorks Animation Falls Short Of Earnings Expectations And Shares Sink By Clip Syndicate DreamWorks Animation on Tuesday reported a net loss of $15.4 million, or 18 cents per share, much wider than analysts had expected as How to Train Your Dragon 2 awaits release in several significant international territories, including China, Spain and Italy. Dragon 2, CEO Jeffrey Katzenberg said Tuesday, "will be a highly profitable film for the company and DreamWorks Dragons will remain a very valuable franchise for many years to come. ...Read More »
Video: VW Set To Overtake Toyota As Global Auto Leader By Clip Syndicate Volkswagen is poised to overtake Toyota as the global leader in vehicle sales, with a rapid expansion drive in China - the world's biggest auto market - while Toyota curbs growth to focus on shoring up quality. Toyota, reigning at the top spot in the auto industry for two years in a row, will announce its global sales for the first six months of the year on Wednesday, which could fall short of Volkswagen's half-year total. ...Read More »
Video: McDonald's Could Be Liable For Labor Practices By Clip Syndicate McDonald's is coming under intensifying pressure for labor practices at its U.S. restaurants. The National Labor Relations Board said Tuesday that the world's biggest hamburger chain could be named as a joint employer in several complaints regarding worker rights at franchise-owned restaurants. The decision is pivotal because it could expose McDonald's to liability for management practices in those locations. ...Read More »
Video: Icahn Cuts Stake In Family Dollar By Clip Syndicate Activist investor Carl Icahn cut his stake in Family Dollar a day after the company agreed to be bought by rival discount chain Dollar Tree for $8.5 billion. Icahn said he was "determined" to dispose part of his stake rather than wait for the deal to close or for higher offers to emerge. Icahn reported a 6.03 percent stake in Family Dollar on Tuesday, down from about 9.39 percent that made him the largest shareholder.

 ...Read More »
Video: In China Food Testing, Safety Inspectors Are Often One Step Behind By Clip Syndicate When inspectors visited Shanghai Husi Food Compnay earlier this summer, the production line at the plant now at the centre of an international food scandal appeared in good order, with fresh meat being handled by properly-attired workers and supervisors keeping a watchful eye over the process. ...Read More »
Video: DreamWorks Animation Falls Short Of Earnings Expectations And Shares Sink By Clip Syndicate DreamWorks Animation on Tuesday reported a net loss of $15.4 million, or 18 cents per share, much wider than analysts had expected as How to Train Your Dragon 2 awaits release in several significant international territories, including China, Spain and Italy. Dragon 2, CEO Jeffrey Katzenberg said Tuesday, "will be a highly profitable film for the company and DreamWorks Dragons will remain a very valuable franchise for many years to come. ...Read More »
Video: VW Set To Overtake Toyota As Global Auto Leader By Clip Syndicate Volkswagen is poised to overtake Toyota as the global leader in vehicle sales, with a rapid expansion drive in China - the world's biggest auto market - while Toyota curbs growth to focus on shoring up quality. Toyota, reigning at the top spot in the auto industry for two years in a row, will announce its global sales for the first six months of the year on Wednesday, which could fall short of Volkswagen's half-year total. ...Read More »

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