Designer's Close Eye on L.A. Youth Culture Revives Saint Laurent

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French designer Hedi Slimane’s close attention to youth culture in Los Angeles has translated into rock-inspired looks that almost doubled the Saint Laurent fashion brand’s revenue in his first two years on the job.

U.S. Treasury's Lew Challenges EU on Corporate Tax Investigations

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The U.S. stepped up a spat with European officials over their investigations of U.S. companies’ tax practices, warning in a letter from the Treasury secretary that they are creating a “disturbing” precedent.

HSBC Scraps Pay Freeze

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The bank has backtracked from a decision to freeze pay this year after employees pushed back to receive raises they had earned.

Yellen Says Fed Should Be Prepared to Use Negative Rates if Needed

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Federal Reserve Chairwoman Janet Yellen delved deeper into the prospect of the U.S. central bank pushing interest rates into negative territory, saying the Fed is “taking a look at” the idea but it hasn’t finished an evaluation of the issue.

IMF Chief Lagarde Wins Second Term

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International Monetary Fund Managing Director Christine Lagarde effectively won a second term as head of the emergency lender after the selection process closed with only one nomination.

Lending Club Posts Second-Ever Profit

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Lending Club Corp. capped its first full year as a public company by reporting record quarterly profit and loan volume and telling investors it could weather a tougher economy.

Why the Yen Just Keeps Getting Stronger

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The ferocious strengthening of the yen reveals the brittle underpinnings of the Abenomics stock-market rally.

U.S. Crude Falls to Near 13-Year Low on Oversupply Fears

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U.S. crude tumbled to near its lowest level since late 2003, dragged down by continuing worries about the global oversupply of crude and falls in the wider financial markets.

Why Rio Tinto's Dividend Cut Is Prudence Not Panic

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The Anglo-Australian miner has introduced a new dividend policy, shifting toward a payout linked to earnings. That looks a sensible move given the continuing commodities downturn.

Pernod Ricard to Reorganize North American Business

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Pernod Ricard said it will reorganize its North American business to focus on its core U.S. market, where demand for its Jameson whiskey brand is growing while sales of Absolut vodka remain in a slump.

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