S&P 500 dips as economic data, trade worries offset upbeat earnings

NEW YORK (Reuters) – The benchmark S&P 500 stock index edged lower on Wednesday as weak U.S. economic data and simmering geopolitical tensions spooked buyers away from the equities market, despite a string of generally positive third-quarter corporate earnings reports. Technology shares, led by Microsoft Inc (MSFT.O), weighed on all three major U.S. stock averages, pulling the S&P 500 and […]

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After Woodford, where is the contrition from Hargreaves Lansdown?

What does Hargreaves Lansdown, Neil Woodford’s former cheerleader-in-chief, make of its old hero’s decision to throw in the towel? Surely this is an ideal moment for the investment platform’s chief executive, Chris Hill, to share the “learnings and improvements” that apply to his own firm. He’s been promising to reveal the fruits of this exercise almost from the moment Woodford’s […]

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Profit at Kerry-based Fexco hit €17.5m last year

Profits at Killorglin, Co Kerry based Fexco were €17.5m last year, with 30pc of revenue now coming from beyond the European Union. Originally a foreign exchange specialist, the business now has interests across financial services, including a 51pc stake in Goodbody Stockbrokers that is currently up for sale. Fexco operates in 29 countries and has 2,400 staff and processed more […]

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Energy firm backed by Warren Buffett to build a $150 million wind farm in Canada

Construction work on the Rattlesnake Ridge Wind project will start next year.  While oil is a significant cog in Alberta's economy, renewable energy projects are also being developed there. Construction work on a 117.6-megawatt (MW) wind farm in the oil-rich province of Alberta, Canada, will start next year. In an announcement Tuesday, BHE Canada — a wholly owned subsidiary of Warren […]

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‘It would have killed me’: Liam Payne reflects on struggling during his One Direction years

Four years after boy band One Direction announced the “break” that would become an all-but confirmed breakup, Liam Payne is opening up about the ways teenage international superstardom affected his well-being. “We were definitely over-worked, 100%, in the band,” Payne reflected to the Table Manners podcast. “I needed to stop, definitely. It would have killed me. “You’re either going to end up […]

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Overrun by Tourists, American Cities Are Taking Aim at Hotels

SHARE THIS ARTICLE Peggy Malaspina, a resident of Charleston’s French Quarter neighborhood, is comfortable living among the hordes of tourists flocking to this charming South Carolina city of horse-drawn carriages, lush private courtyards, and 18th century churches. Every so often, she’ll spot someone peering into the windows of her home, assuming it’s a restaurant. If she’s feeling hospitable, she’ll invite them in to […]

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