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Walmart tackles food safety with test of blockchain technology

  Bloomberg If you shop at Wal-Mart, you might be buying packaged produce unlike any ever sold in a U.S. store. The sliced apples or cut broccoli — the merchant won’t say what’s involved exactly — are being used to test blockchain, a new database technology. If successful, the trial could change how Wal-Mart Stores Inc., which serves some 260 ...

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Wells Fargo gets tough new limits as regulator amps up sanctions

  Bloomberg Wells Fargo & Co. is suddenly under an even tighter vise as one of its chief regulators ripped up parts of a recent settlement over bogus accounts, potentially hamstringing new business moves that need government approval. While Wells Fargo is subject to the terms of its settlement, it will face hurdles to making major purchases, such as buying ...

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US banks close Rupee exchanges after large bills ruled illegal

  Bloomberg Aruna Desai has a problem with the thousands of Indian rupees she has with her in the US — she can’t find a bank to exchange her funds and couldn’t give the money away if she tried. Since Indian Prime Minister Narendra Modi removed 500- and 1,000-rupee notes from circulation, currency exchange providers in the US have been ...

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