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Business News
Global shares mostly lower amid worries over Brexit, Italy
TOKYO (AP) -- Global shares were mostly lower Monday amid worries about Britain's exit from the European Union and a downgrade of Italy's credit rating. Takata's shares fell in Tokyo after the air bag maker agreed to a guilty plea in the U.S. over massive recalls....
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South Korea seeks arrest of Samsung scion in graft scandal
SEOUL, South Korea (AP) -- In a departure from the leniency South Korean big businesses typically receive, prosecutors on Monday requested the arrest of the de facto head of Samsung Electronics, the country's most valuable company, in an influence-peddling scandal that has toppled the country's president....
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Prosecutors request arrest of Samsung heir Lee Jae-yong as bribery suspect in South Korea ...
SEOUL, South Korea (AP) -- Prosecutors request arrest of Samsung heir Lee Jae-yong as bribery suspect in South Korea influence-peddling scandal....
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Retail group launches training for entry-level job seekers
NEW YORK (AP) -- Trying to stem high turnover in store jobs, nonprofit groups and chains such as Wal-Mart, Home Depot and the Home Shopping Network are launching a program to help people develop the skills to land entry-level jobs and advance in a retail career....
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Moody's to pay $864M to settle claims it inflated ratings
NEW YORK (AP) -- Moody's Corp. has agreed to pay nearly $864 million to settle federal and state claims it gave inflated ratings to risky mortgage investments in the years leading up to the financial crisis....
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