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Spotify tempts investors with report of 70mn subscribers

Bloomberg Investors are finally getting a crack at the resurgent music business. Spotify, owner of the world’s largest paid music service, plans to begin trading on the New York Stock Exchange this quarter, passing up a traditional public offering for what’s called a direct listing. The debut will test whether investors are ready to buy into the music industry, which ...

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Will the economy save the American president?

For President Trump, a lot is riding on the economy in 2018. If it continues to do well, it should bolster his popularity and his claim that he understands it better than his critics. But if it slows or drops into a recession, it would weaken that claim — perhaps his strongest selling point. So, what’s the economic prognosis? First, ...

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Boeing’s Embraer bid isn’t highflying

Boeing Co.’s purported bid for Embraer SA looks low. Boeing has been aggressively pursuing a takeover of the Brazilian regional jet maker, a remarkable shift for a company that dubbed a similar combination struck by Airbus SE and Bombardier Inc. in October ‘a questionable deal’ that wouldn’t force it to change its strategic path. Many details are still being sorted, ...

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