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Toshiba Corp.'s business partners are preparing for a scenario in which the company seeks to reorganize under Japanese bankruptcy laws, with consequences for the global nuclear-power and electronics industries. Toshiba last month expressed "substantial doubt" about its "ability to continue as a going concern." The company said it expected to record a net loss of some Yen1 trillion ($8.83 billion)
Private sector job growth rose to 143,000 in September, beating expectations: ADP The U.S. private sector's job gains in September beat expectations, with ADP reporting that 143,000 jobs were added last month — more than the 120,000 expected by LSEG economists. Business groups call on Biden to intervene in port strike Several leading business groups are urging President Biden to use his authority
Street NameIt's time to let you in on a dirty little secret: You may not own the stock you own. That's right, if you invest with a brokerage firm, the shares you bought are almost certainly not held in your name. Technically, they're held in the name of the Wall Street firm you do business with, hence the term "street name."No, you haven't been robbed. Ultimately, the decision to hold shares on th
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