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Apple borrows $7bn even as tax laws may fill cash coffers

Bloomberg Apple Inc., looking to fund stock buybacks and dividends, sold $7 billion of bonds even as proposed new tax laws may leave it awash in cash it previously couldn’t use. The iPhone maker sold notes in six parts. Apple has been the second-most active US non-financial issuer of debt this year behind AT&T Inc., data compiled by Bloomberg show. ...

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American taxi companies join Uber, Lyft in ride sharing

Bloomberg Taxi companies across the US waged a bitter, high-profile battle to keep Uber Technologies Inc. and Lyft Inc. from bringing the sharing economy to cabs. They lost. Now the cabbies are adopting an if-you-can’t-beat-them, join-them-strategy. Pittsburgh Yellow Cab, for example, rebranded itself last year as zTrip. A century-old fixture in Steel City, it launched an app and offered a ...

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Trump calls on North Korea to make deal on nuclear program

Bloomberg US President Donald Trump said that North Korea should “come to the table” and make a deal on its missile and nuclear programs. Speaking next to South Korean President Moon Jae-in in Seoul on Tuesday, Trump said he saw some progress in regards to North Korea, but declined to comment on holding direct talks with Pyongyang. He added that ...

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