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Fed to make sequential hikes until 'something breaks': Gundlach
By Jennifer Ablan | NEW YORK NEW YORK Jeffrey Gundlach, chief executive officer at DoubleLine Capital, said on Tuesday he expects the Federal Reserve to begin a campaign this month of
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VW executive to appear in Miami court over Dieselgate scandal
DETROIT Volkswagen (VOWG_p.DE) executive Oliver Schmidt will appear in Federal Court in Miami, Florida, on Monday, a spokeswoman for the United States Attorney's office in Detroit said.The Federal Bureau of Investigation arrested Schmidt on charges of conspiracy to defraud the
Boeing airplane unit to cut more jobs in 2017
SEATTLE Boeing Co's (BA.N) commercial airplanes unit said on Monday it would cut more jobs in 2017 after slashing the workforce by 8 percent in 2016 as it battles to sell planes.The job cuts come as Boeing and rival Airbus
ECB's Weidmann says Monte dei Paschi bailout must be carefully weighed: Bild
FRANKFURT European Central Bank policymaker Jens Weidmann said plans for a state bailout of Italian bank Monte dei Paschi di Siena (BMPS.MI) should be weighed carefully as many questions remain to be answered, according to German newspaper Bild."For the measures
