James Mitchell News
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Before he was elected prime minister in 2010, David Cameron presaged the latest breach in Britain’s fraught relationship with Europe.
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A Bentley racing car priced at $2.16 million and paintings by Picasso , Renoir and others each worth as much as $22 million will be among the highlights at two new art fairs in London in June as the city lures collectors.
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Tencent Holdings Ltd. fell the most in 13 months in Hong Kong trading after China’s biggest Internet company posted profit that missed analyst estimates and said a slowing economy is paring advertising growth.
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Tencent Holdings Ltd., China’s biggest Internet company, posted a record quarterly profit of 2.95 billion yuan ($467 million) after online game sales jumped.
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Carl Icahn’s hostile bid for Lions Gate Entertainment Corp. was set back by a New York judge’s decision to let a board member vote shares acquired in a deal that diluted the billionaire investor’s stake in the company.
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Analysts predict Goldman Sachs Group Inc. will pay $1 billion or more to settle a Securities and Exchange Commission fraud suit that triggered a 26 percent drop in the firm’s stock, Bloomberg News’s Jesse Westbrook and David Scheer report. Extracting such a record-setting penalty may be easier said than done.
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JPMorgan Chase & Co. , Bernard Madoff’s “primary banker,” was sued for $6.4 billion by the trustee liquidating the imprisoned con man’s former firm.
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The former co-head of UBS AG’s municipal derivatives group and two colleagues were indicted in the U.S. government’s multiyear investigation of bid-rigging on investment contracts.
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Smart Online Inc. ’s former Chief Executive Officer Dennis Michael Nouri was sentenced to eight years in prison for fraud and bribery in a stock-manipulation scheme, prosecutors said.
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Amazon.com Inc ., the world’s largest online retailer, forecast lower second-quarter operating profit than analysts predicted as it builds warehouses and promotes its Kindle electronic-book reader.
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