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Korean Air "nut rage" sister Emily Cho suspended over water throw in ad meeting after Cho Hyun-ah incident

SEOUL, South Korea – Korean Air Lines said Monday that it had interrupted one of the presidents daughters from her marketing efforts after she threw a tantrum at a business meeting, triggering public outrage and a police investigation. Daughter Cho Hyun-min, also known as Emily Cho, is the younger sister of another Korean airman whose embarkation "nut rage" eruption delayed …

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Why WPP is better without Martin Sorrell

April 16, 2018 9:45 pm ET WPP was faced with serious disturbances in its operations well before the CEO Martin Sorrell was charged with allegations of personal maladministration and then gone down. His output will not clear the problems, but it can put the company along the way to deal with them. The disturbance that the world's largest advertising agency …

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US Retail Sales Rise, Sign Consumer Weakness Fading

US. Retail sales rose by more than expected in March in the first four-month profit, indicating that consumer demand recovered due to tax cuts and rebates. Receipts rose 0.6 percent after a decrease of 0.1 percent the previous month, according to Commerce Department figures released Monday. This was compared with the median rating of economists for an increase of 0.4 …

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Commerce Department bans US exports to China's ZTE

ZTEs Axon M, a phone that uses chips from US Qualcomm and Gorilla Glass. Josh Miller / CNET ZTE's US problem only got worse because the US government announced an export ban on the Chinese phone company. US companies like Qualcomm and Dolby will not be able to sell their components to ZTE for up to seven years after the …

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Amazon warehouse workers have to pee in bottles

Reuters / Lucas Jackson An undercover writer told Sun that workers in an Amazon warehouse in Britain "kissed in bottles" because they were afraid to go to a bathroom would make them miss a goal. Author James Bloodworth found that staff members feared to be disciplined for "free time". A separate survey of Amazon workers released on Monday found that …

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VW Truck Division Signals Possible Takeover of U.S. Navistar

Volkswagen AG's heavy duty vehicle division is open to a takeover of the US branch Navistar International Corp., as the German company seeks to scale to compete with global leaders Daimler AG and Volvo AB. Volkswagen Truck & Bus, which changes its structure to access capital markets in about a year, may consider increasing its current share of almost 17 …

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Bank of Americas profits are lifted by tax law, rising interest rates

Updated April 16, 2018 8:07 a.m. ET Bank of America Corp. BAC -2.77% said Monday that an increase from US tax laws and continued rising interest rates helped boost the first quarter's earnings and increase the string better than expected earnings from the country's largest banks. The quarterly earnings in Charlotte, NC-based bank amounted to 6.92 billion dollars, compared with …

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