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Saturday, December 9, 2017

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As-it-happens update 8 December 2017
NEWS
The S&P 500 added 0.4% in early trading, while the Dow Jones Industrial Average climbed 0.3%. Futures had pointed to a higher open before the jobs numbers, after an agreement on Brexit divorce terms helped spur gains in global stock markets. The yield on benchmark 10-year Treasury notes yield ...
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It was March 21, 1999, the night Shakespeare in Love won the Academy Award for best picture, an honor many thought rightfully belonged to its stiffest competitor, Steven Spielberg's $70 million World War II drama, Saving Private Ryan. That Weinstein's film was in the hunt at all against such finely ...
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Tencent's music unit and Spotify are buying minority stakes in each other, marking the latest move by the Chinese internet behemoth to expand its global reach and presenting the Swedish streaming service with a way into China's red-hot music market. Spotify and Tencent Music Entertainment will ...
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In a radio interview on Wednesday, Paul Ryan, the Speaker of the House, talked about the budget-busting, reward-the-rich G.O.P. tax bill—he didn't describe it that way, of course—and what will happen after Trump signs it into law, assuming the House-Senate conference can agree on a final text.
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Most traditional conceptions of capitalism have been founded in some notion of material stuff: physical property, premises, machinery, goods. But the companies at the forefront of the 21st-century economy have a very different way of operating, as evidenced by one of the year's most talked-about books.
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