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Homeowners have real estate agents over a barrel

  Bloomberg You just sold your home for $400,000. Good going, nice job, congratulations. Kudos are also due to the real estate agents who helped you close the deal. If you live in a part of the country where the standard commission is 6 percent, you probably just paid them $24,000. Or maybe not. Real estate commissions are set by ...

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Netflix fueling yet another record year of TV shows

  Bloomberg The TV industry will make a record number of shows in 2017, as streaming services Netflix, Amazon and Hulu propel a swell in production that’s creating an oversupply, veteran Fox executive John Landgraf said during his semiannual presentation for critics. TV networks will make 500 original scripted shows in 2017, almost 20 percent more than the 419 produced ...

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Self-driving cars spur heavy auto deal traffic in Silicon Valley

  Bloomberg The auto industry’s self-driving revolution has spurred the biggest two years of car-supplier takeovers in a decade, with more coming as parts makers struggle to keep up with the pace of technological transformation. The total value of automotive-supplier deals in 2015 and 2016 was $74.4 billion, according to data compiled by Bloomberg, with each of those years far ...

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