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When Selling the Bank Is the Best Move for Investors

Management wanted to provide liquidity for shareholders, but became convinced that the $722 million-asset company would need to double in size before pursuing an initial public offering. Acquisitions were considered, but executives found that the market had shifted and sellers wanted stock in a public company. Executives had finally resigned …

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Stop Saying “It Depends” And Give Better Answers

Success in digital marketing often depends on a number of factors, so it can be difficult to give clients definitive answers to their questions. But columnist Matt Umbro believes we can do better — here’s how. If you’ve worked in the client’s vertical before, explain what you’ve seen and what …

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Money tips for stay at home moms

One side of the scale involves being at home to spend quality time with your baby, watching them grow and influencing their upbringing in the best possible way. The other side of the scale involves going to work to ensure that you don’t compromise on anything when it comes to …

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Banks sweeten deal for existing home loan customers

If you had taken a home loan from State Bank of India (SBI) or ICICI Bank six months ago, you will have to pay lower interest than new customers. Though SBI cut its base rate by 40 basis points (bps) to 9.3 per cent, the spread for new home loans …

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Last Minute Costume Option? The Goodwill!

Halloween is also a day when our little secret is exposed. There are only so many years you can get away with being a sexy nurse, right? And who wants to spend $50 bucks or more for a pre-packed costume you’ll only wear once? “Halloween is the time of year …

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Spring to come three weeks earlier to the United States

Scientists have projected that the onset of spring plant growth will shift by a median of three weeks earlier over the next century, as a result of rising global temperatures. The results, published Oct. 14 in the journal Environmental Research Letters, have long term implications for the growing season of …

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Utility not allowed to hike rates to make up for reduced use

The Public Service Commission has rescinded a policy that allowed NorthWestern Energy to increase natural gas and electricity rates to make up for reduced customer demand because of energy-efficiency programs. The five-member panel voted unanimously Thursday to end the Lost Revenue Adjustment Mechanism, which Commissioner Roger Koopman called “one of …

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How energy companies are responding to the oil price slump

A year later, how are Canadian oil and gas companies responding to the collapse in crude oil prices? A new survey of oil companies published by global accountancy firm Grant Thornton puts the size of the shift in perspective. Just one quarter of companies report business as usual. The rest …

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Researchers Say Watching Movies Helps You Work Your Empathy Muscle

There is a scene in Charlie Chaplin’s 1917 silent film The Immigrant when he kicks an immigration official at Ellis Island. Chaplin’s character, the Tramp, has just crossed the Atlantic Ocean on a ship full of European immigrants. Upon arrival to America, they are herded behind a barrier like cattle. …

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Tech Company Hyperloop Doesn’t Pay Its Employees

We’ve come to expect a steady stream of flashy new gadgets from the booming tech sector, but another area of innovation in Silicon Valley is how we work, mainly the structure of our offices and companies. Planet Money tells the story of a company that has no employees, doesn’t pay …

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