Nike Reports Sluggish North American Sales

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Nike’s revenue rose 6% in the latest quarter as the athletic gear giant’s growth in most of its international markets offset sluggish sales in its North American business.

Stores Accepting Food Stamps Face Stricter Rules

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U.S. regulators are pushing stricter rules for stores that accept food stamps, ultimately determining which retailers win and lose the billions of taxpayer dollars at stake.

Central Bankers Face Conflicting Pressures From Brexit Vote

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European Central Bank President Mario Draghi’s call for better coordination on policy moves underscores the conundrum he and his associates face in the wake of Britain’s vote to leave the EU.

Why China's Bad Debts Won't Wash Away Easily

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A plan to raise a fresh $1 billion in equity for China Huarong, one of China’s giant “bad banks,” is yet one more acknowledgment that the country’s debt situation can’t be easily resolved.

Shareholder Fight Puts China's Market Resolve on the Line

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The struggle to control developer China Vanke is shaping up as a test of the country’s resolve to make markets friendlier to investors.

Fed Announces 2017 FOMC Meeting Schedule

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The Federal Reserve will meet for its 2017 policy meetings in January, March, May, June, July, September, October, and December, according to a tentative schedule.

What Brexit Means for Tech Startups

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Increased uncertainty is about to infect investing in technology—and that means a tougher fundraising environment. Luckily, history shows great companies are built during periods of contracting investment.

Music Industry Out of Harmony With YouTube

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The music industry is locked in an epic battle with YouTube, the most popular on-demand service, over the declining royalty rates the site pays and the difficulty in detecting copyright material from the mass of videos uploaded on the site.

Birchbox Cuts About 12% of Staff

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Online beauty startup Birchbox is parting ways with several senior executives and cutting about 12% of its staff, as the company struggles with increased competition and a difficult funding market.

Quantifying the Brexit Shock

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Investors are facing what may be the biggest policy shock of their lifetimes. But past events give some sense of how what sort of damage it will cause.

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