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Michael Cohen 'testified under oath that Donald Trump directed him to commit a crime,' lawyer Lanny Davis says August 21, 2018
The statement came hours after Cohen pleaded guilty to campaign finance violations and other federal crimes.
Trump responds to Manafort verdict: This has nothing to do with Russian collusion August 21, 2018
Trump responds to Manafort verdict: This has nothing to do with Russian collusion
Former Trump campaign chief Paul Manafort found guilty of bank and tax fraud August 21, 2018
Manafort, who was in charge of Donald Trump's presidential campaign for several months in 2016, was tried on 18 counts, including charges of bank fraud and subscribing to false income tax returns.
E-cigarette sales are booming thanks to Juul August 21, 2018
Over the past year, Juul has posted $1.29 billion in dollar sales — more than half of the $2.31 billion in sales the entire e-cigarette category saw, according to Nielsen data ended Aug. 11 compiled by Wells Fargo analyst Bonnie Herzog.
Ex-Trump lawyer Cohen admits to illegal payments at direction of candidate to influence election August 21, 2018
Cohen came under investigation by federal prosecutors in New York City earlier this year. They had received a referral from special counsel Robert Mueller, who is leading the probe of Russian meddling in the 2016 presidential election.
Russia is preparing to search for a nuclear-powered missile that was lost at sea months ago August 21, 2018
The operation will include three vessels, one of which is equipped to handle radioactive material from the weapon's nuclear core.
South Korea’s stock exchange is investigating Merrill Lynch after local complaints about huge losses August 21, 2018
South Korea’s stock exchange is investigating the Seoul branch of Bank of America Merrill Lynch after local investors complained about big losses due to high-frequency trades causing “market disruptions,” the FT reports.
Strong opening for ‘Crazy Rich Asians’ could mean the romantic comedy is making a comeback August 21, 2018
By winning the box office this past weekend, "Crazy Rich Asians" proved to Hollywood that the world is ready and hungry for films led by Asian casts. But the film's success could also mean a comeback for the big-screen romantic comedy.
US imposes fresh sanctions for Russian cyber-related activity August 21, 2018
The United States imposed sanctions on two Russians, one Russian company and one Slovakian firm for what it said were their actions to help another Russian company avoid sanctions targeting Russia's malicious cyber-related activities.
Koch brothers fund $1.8 million ad campaign for Wisconsin’s Scott Walker ahead of midterm elections August 21, 2018
Americans for Prosperity Wisconsin (AFP), an arm of the network funded by billionaires Charles and David Koch, is launching an ad campaign in support of Governor Scott Walker ahead of the midterm elections in November.
Genetically modified mosquitoes are being used to combat health threats such as the Zika virus August 21, 2018
Genetically modifying mosquitoes to prevent disease may sound like science fiction, but the technology has advanced in recent years to the point where this is possible and they are being used to combat health threats, an epidemiology professor writes in The Conversation.
Could the 9 to 5 working day be on its way out? UK study suggests so August 21, 2018
The findings, which surveyed more than 4,000 UK adults, illustrated that almost 60 percent of those in full-time jobs would choose to start work before the clock strikes 9.
China central bank official rebuts Trump's claim it is manipulating the yuan August 21, 2018
A senior official of the People's Bank of China told a briefing on Tuesday that the yuan's exchange rate is set by the market, rebutting President Trump's claim a day earlier.
Most Russians don't believe their government tried to influence the US election August 21, 2018
Most Russians believe that their government did not try to influence the 2016 presidential election, a survey carried out by the Pew Research Center shows.
The world’s largest sovereign wealth fund just missed its own target August 21, 2018
Small gains made in stock holdings were undermined by the bond market.
Saudi Arabia is stumbling in its effort to build a global financial center August 21, 2018
Saudi Arabia is stumbling in its efforts to build a cosmopolitan financial center in the Middle East. The oil kingdom could learn a lot from the success of its neighbor Dubai, which is now a global banking hub.
This is the single fastest way to make your boss hate you August 21, 2018
Falling out of your boss's good graces can be more disastrous than you think.
Trump's auto tariff timeline is being postponed, commerce secretary tells WSJ August 21, 2018
The White House is pushing back its timeline on whether or not to add tariffs to auto imports, the Wall Street Journal reported Tuesday.
Goldman: Here are the 10 stocks most loved by hedge funds — including Microsoft August 21, 2018
Goldman's "Hedge Fund VIP" list has outperformed the S&P 500 by an average of 2.2 percentage points a year since 2001.
Tycoon killed in seaplane crash leaves $49 million to Oxfam August 21, 2018
A millionaire businessman who died in a seaplane crash on New Year's Eve has left almost all his £41 million ($52.6 million) fortune to crisis-hit Oxfam.

Deal-hungry investment bankers walk Tesla tightrope August 22, 2018
Tesla Inc Chief Executive Elon Musk's contemplated $72 billion take-private deal is presenting investment bankers with a dilemma: overlook concerns about how feasible it is or risk missing out on what could be this year's biggest and most high-profile acquisition.
Asian shares edge up, but political, economic woes hurt sentiment August 22, 2018
Asian stocks inched higher on Wednesday, with sentiment boosted by Wall Street's rise and a record intraday high for the S&P 500 index, but political headlines in the U.S. and Australia and a retreat in Chinese markets darkened the mood.
U.S., China to resume trade talks in Washington amid low expectations August 22, 2018
U.S. and Chinese officials are set to resume contentious trade talks on Wednesday under the cloud of a prediction by U.S. President Donald Trump that there would be no real progress.
Linde-Praxair merger hits antitrust hurdle; talks continue August 22, 2018
Linde warned that divestments needed to secure approval for its planned tie-up with Praxair have reached a size that would allow either party to abandon the deal, but added it was in constructive talks to salvage the $83 billion merger.
In Kenmore sale, Sears' pension liabilities come back to bite August 22, 2018
Sears Holdings Corp is facing a familiar foe in its bid to sell off the Kenmore appliances brand: the U.S. government body that oversees the pensions for the company's 100,000 retirees.
Two U.S. airlines cut China routes as state-backed rivals turn up heat August 22, 2018
Two U.S. airlines on Tuesday cut routes between China and the United States, underscoring increasingly tough competition from state-backed Chinese rivals as they aggressively expand their fleets with cut-price tickets.
Business groups urge Trump, Erdogan to meet as dispute hits investments August 22, 2018
U.S.-Turkey business groups on Tuesday warned that a political dispute between the NATO allies was affecting investor confidence and had forced some firms to suspend investment plans.
At T. Rowe Price, top Tesla funds offer split views August 21, 2018
With a volatile chief executive and a potential breakthrough product starting production, Tesla Inc is a challenging stock to hold.
U.S. airline Hawaiian to suspend its Beijing flight from October August 21, 2018
Hawaiian Airlines said on Tuesday that it has decided to suspend its thrice-weekly non-stop flight between Honolulu and Beijing after the National Day Golden Week holiday in October.
Few thrills ahead for Trump from a Fed on a mission of its own August 21, 2018
"Not thrilled" may become a regular state of mind for U.S. President Donald Trump in the months ahead, as the Federal Reserve is likely to press on with interest rate rises to recalibrate policy for an economy boosted by the president’s own tax cuts.
S&P 500 touches record high, equals longest-ever bull run August 21, 2018
The benchmark S&P 500 touched a record high on Tuesday and equaled its longest-ever bull-market run, buoyed by strong earnings reports in the consumer sector and relative calm in the trade dispute between the United States and China.
Lyft surpasses 5,000 self-driving rides with Aptiv fleet August 21, 2018
Lyft has completed more than 5,000 self-driving rides through its ride-hailing app, the company said on Tuesday, as it aims to become a serious competitor in autonomous driving while its biggest rival, Uber, retrenches.
U.S. stock futures open lower after Cohen pleads guilty August 21, 2018
U.S. stock futures opened lower late on Tuesday after U.S. President Donald Trump's former personal lawyer Michael Cohen pleaded guilty to campaign finance violations and other charges.
The bull that will not die: S&P 500 back at a record after months on ice August 21, 2018
After a seven-month stall, Wall Street's bull market looks back on track, thanks to Amazon.com Inc , Alphabet Inc and other high-flying technology and consumer discretionary companies.
United Airlines sees deal soon on Latin American joint ventures August 21, 2018
United Continental Holdings Inc is eying joint ventures with three Latin American carriers in the near future, but a deal would not immunize the U.S. airline from the "ups and downs" of the region's volatile market, President Scott Kirby said on Tuesday.
S&P 500 sets record high, dollar slips after Trump attacks Fed August 21, 2018
Global equity markets rose on Tuesday, with the S&P 500 setting a record high, fueled by strong earnings and economic growth, while the dollar weakened after U.S. President Donald Trump slammed the Federal Reserve for raising interest rates.
U.S. buyback announcements slow, but on track for $1 trillion: TrimTabs August 21, 2018
U.S. companies' taste for their own shares is set to push buybacks past the $1 trillion-a-year mark for the first time as soon as November, TrimTabs Investment Research said, even as its latest data showed the pace of new repurchase announcements slowing during the second-quarter reporting season.
JPMorgan undercuts discount brokerages on trades August 21, 2018
JPMorgan Chase & Co, in a bid to lure customers from the discount brokerage industry, said on Tuesday it will begin offering free stock trades for self-managed accounts through its Chase mobile banking app starting next week.
Uber hires CFO after lengthy search, paving way for IPO August 21, 2018
Uber Technologies Inc has hired a chief financial officer, the ride-services company said on Tuesday, filling a long-standing vacancy and clearing the way for a much-anticipated initial public offering next year.
British outsourcer Capita poaches Go-Ahead CFO: Sky News August 21, 2018
British outsourcing company Capita has poached the finance chief of bus and train company Go-Ahead Group to become its new CFO, Sky News reported on Tuesday.