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U.S. consumer borrowing up strong $16.6 billion in July

Americans increased their borrowing in July at nearly double the pace of the previous month, evidence that confident consumers are willing to take on more debt to support their spending. Read More
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Ousted CBS chief’s severance could be $120M

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CBS will pay ousted chief Les Moonves $120 million if its ongoing investigation fails to find any evidence of sexual misconduct. Read More
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Despite Trump tweet, Ford says it won’t make hatchback in U.S.

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Ford won’t be moving production of a hatchback wagon to the United States from China — despite President Donald Trump’s claim Sunday that his taxes on Chinese imports mean the Focus Active can be built in America. Read More

Tesla woes mount as CEO smokes pot

Another executive departure, another controversy over the CEO’s behavior, another stock drop. Another typical day at Tesla. Read More

Fantasy football is big business, but it is good for businesses?

As the NFL season kicks off this weekend, the Philadelphia Eagles begin a quest to become the first back-to-back Super Bowl champions in more than a decade, a storyline with less interest outside of the City of Brotherly Love. Read More
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Apple says proposed China tariffs affect Apple Watch and AirPods

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Apple Inc. said tariffs on $200 billion worth of products imported from China will affect popular products like the Apple Watch and AirPod headphones. Read More
 
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Ford recalls 2M pickup trucks; seat belts can cause fires

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Under pressure from U.S. safety regulators, Ford is recalling about 2 million F-150 pickup trucks in North America because the seat belts can spark and cause fires. Read More
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Tesla stock falls as CEO appears to smoke marijuana on video

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Shares of electric car maker Tesla Inc. fell more than 6 percent early today after the CEO appeared to smoke marijuana during an interview and the company’s accounting chief left after a month on the job. Read More

Southwest passengers might have been exposed to measles

Health officials are trying to find passengers from four Southwest Airlines flights last month who might have been exposed to measles. Read More
 

Major hotels giving panic buttons to staff nationwide

Tens of thousands of employees at more than 18,000 U.S. hotels will soon carry panic buttons to help protect them from harassment and assault in an era of heightened awareness around the #MeToo movement. Read More

Cars are cruising down the monthly subscription highway

If you already subscribe to digital services like Netflix to binge on TV shows and Spotify to groove to an endless mix of music, the auto industry might have a deal for you: Subscribe to your next car as well. Read More

Trump signs order to increase access to retirement plans

President Donald Trump on today directed the Labor and Treasury departments to work to make it easier for small businesses to band together to offer retirement plans to their workers. Read More

Trump intends to sign Mexico deal in 90 days, Trade Rep says

President Donald Trump has notified Congress that he plans to sign a trade agreement with Mexico — and Canada, if it is willing — in 90 days, U.S. Trade Representative Robert Lighthizer said today. Read More

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