Wednesday, September 28, 2016

International Business|Raghuram Rajan, India's Departing Central Banker, Has a New Warning and other top stories.

  • International Business|Raghuram Rajan, India's Departing Central Banker, Has a New Warning

    Mr. Rajan, whose term expired on Sunday, is credited with helping stabilize the Indian economy. It was fighting double-digit inflation, a weakening of its currency and a plunging stock market when he took the job in 2013.But he also leaves bruised after a barrage of public attacks from the political base of conservatives and small-business interests of India’s governing Bharatiya Janata Party. They complained that he choked business by keeping interest rates high and requiring banks to clean up..
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  • Oil-Pipeline Protest Turns Violent in North Dakota

    Oil-Pipeline Protest Turns Violent in North Dakota
    BISMARCK, N.D.—A protest of a four-state, $3.8 billion oil pipeline turned violent Saturday after tribal officials said construction crews destroyed American Indian burial and cultural sites on private land in southern North Dakota. Morton County Sheriff’s Office spokeswoman Donnell Preskey said four private security guards and two guard dogs were injured after several hundred protesters confronted construction crews at the site just outside the Standing Rock Sioux reservation. One of the secur..
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  • Turkey Coop Home of Burt's Bees Co-Founder to Be Saved

    The converted turkey coop that a co-founder of Burt's Bees once called home in Maine is going to be saved and displayed at the company's headquarters in North Carolina. Burt's Bees has bought the structure where Burt Shavitz once lived and has moved it to Durham, where it's going on display this fall. "It's a legacy project. It's going to be maintained so that people can see it and appreciate it," said Trevor Folsom, Shavitz's former personal assistant, who inherited the structure. "I just ..
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  • Dubai Ruler's Firm Plans Major New Property Development

    Dubai Ruler's Firm Plans Major New Property Development
    DUBAI, United Arab Emirates — A company controlled by Dubai's ruler on Sunday unveiled plans for a vast mixed-use development that will create thousands of new homes and hotel rooms.Developer Dubai Holding said work on the new "Jumeriah Central" district will begin next year along Sheikh Zayed Road, the city's main artery. It will sit across from the Mall of the Emirates, home to an indoor ski slope.The project is expected to take years to complete at a cost of $20 billion. Plans call for 11..
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  • Hong Kong Election Highlights Rising Anti-China Mood

    Hong Kong Election Highlights Rising Anti-China Mood
    HONG KONG — Hong Kongers voted Sunday in the specially administered Chinese city's most crucial election since the handover from Britain in 1997, the outcome of which could pave the way for a fresh round of political confrontations over Beijing's control of the city.The vote for Legislative Council lawmakers is set to test the unity of Hong Kong's pro-democracy camp as a new generation of radical activists, who emerged in the wake of 2014 pro-democracy street protests, joined the race.They'r..
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  • Coastal Commission to meet Wednesday to consider Banning Ranch proposal

    Coastal Commission to meet Wednesday to consider Banning Ranch proposal
    The fate of Banning Ranch in Newport Beach could be decided Wednesday after years of debate among the land's developer, the city, state officials and environmentalists, all of whom hope to have a say in the future of the coastal spread.During a meeting in Newport Beach, the California Coastal Commission — whose 12 members have final say over development along the coast — will consider a proposal by Newport Banning Ranch LLC to build 895 homes, a 75-room hotel, a 20-bed hostel and 45,100 square ..
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  • Multinationals Don't Pay Less Tax Than Austrian Sausage Stands, No Chancellor, They Don't

    Multinationals Don't Pay Less Tax Than Austrian Sausage Stands, No Chancellor, They Don't
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  • Economic summit opens amid sluggish growth, trade disputes

    Economic summit opens amid sluggish growth, trade disputes
    By JOE McDONALD, AP Business Writer HANGZHOU, China (AP) — Chinese President Xi Jinping called Sunday for leaders of the United States, Germany and other major economies to resist pressure to raise trade barriers as they opened a summit amid sluggish global growth and disputes over China's steel exports and Apple's Irish tax bill. China made trade a theme of the Group of 20 meeting even as Beijing faces complaints it is flooding world markets with low-cost steel, fueling demands for trade ..
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  • Microsoft gets support from Google, Amazon, Apple to disclose data requests by governments

    Microsoft gets support from Google, Amazon, Apple to disclose data requests by governments
    Technology, media, pharmaceutical and other companies, along with major corporate lobbying groups, filed legal briefs on Friday in support of a Microsoft Corp lawsuit that aims to strike down a law preventing companies from telling customers the government is seeking their data. Friday was the deadline for filing of friend-of-the-court briefs by nonparticipants in the case. The filings show broad support for Microsoft and the technology industry in its latest high-profile clash with the U.S. Ju..
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NTSB to take over Sparks plane crash investigation .Tap water bacteria found in New Zealand woman who died .
Heart Birth Defects Dropped After Folic Acid Was Added to Food .Scientists get a look at sunken World War II aircraft carrier after 65 years .

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