Insurer Adds Terrorism to Bands' Coverage

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One of the music industry’s top insurers is extending its standard coverage to include a growing risk of performing live: terrorist attacks.

Nike Reports Sluggish North American Sales

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Nike’s profit fell 2% and sales were flat in North America, as the company continued to clear excess inventory and battled increased competition from Under Armour and Adidas.

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.

U.S. Gross-Domestic-Product Growth in First Quarter Is Revised Up

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The U.S. economy expanded more than previously thought in the first three months of the year, but the subdued pace overall suggests it remains vulnerable to a new round of global economic turmoil.

Hollywood's Latest Stars Hail From China

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The box office success in China of “Warcraft” has hammered home the audience numbers a Hollywood movie with Chinese backing can unlock.

Altice's Big U.S. Cable Ambitions Begin With Austerity

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Altice’s strategy of drastically reducing costs as it expands globally will soon face its biggest test yet as the European telecom company digests the $10 billion acquisition of New York cable operator Cablevision Systems.

IKEA to Recall 29 Million Dressers, Chests in U.S.

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IKEA has agreed to recall 29 million chests and dressers in the U.S. following a raft of injuries and the deaths of six toddlers caused by the furniture tipping over.

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.

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