World News Insights
1-3 Minute Gist

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LyrArc brings in selected articles from many of the world's top publications.

Articles are selected by experts and you can see the gist of the important articles.

Barclays Executives Are Said To Know of Low Rates

1 Links 9 Groups   
New York Times - 07.02.2012 Original article ›
Ben Protess, Ben, Protess, Mark Scott, Mark, Scott
LyrArc Article Gist
British prime minister David Cameron tells the House of Commons- after it is revealed that Barclays management set artificially low LIBOR rates- "We need to take action right across the board." CEO Diamond resigns. This was designed to avert regulator scrutiny of Barclays in the aftermath of the financial crisis of 2008.
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News Corp. Split Puts New Pressure on Papers

7 Groups   
New York Times - 07.01.2012 Original article ›
Christine Haughney, Christine, Haughney

Slide in Fuel Costs Lifts Profits for Airlines, but Fares Won’t Fall

11 Groups   
New York Times - 12.10.2014 Original article ›
Jad Mouawad, Jad, Mouawad, Nicola Clark, Nicola, Clark
LyrArc Article Gist
Airlines are using the savings from lower oil prices to do do much neded upgrading and improvements on planes, for improving airport facilities and to reward employees. Airlines are investing at the best rate in 13 years. Much of the investment goes to upgrade service for business class travel. As planes are full airlines have little incentive to reduce fares. American Airlines says it wil invest $2 billion to improve service inside planes. Air France-KLM says it is spending $1.2 billion to refurbish planes and modenize airport lounges, ground services. IATA estimate is for airline industry profits to go up from $11 billion in 2013 to $19.9 billion, increasing to $25 billion in 2015, almost doubling in 2 years.
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France Warns of Nuclear Industry Shake-Up After Areva Loss

7 Groups   
New York Times - 02.23.2015 Original article ›
David Jolly, David, Jolly, Stanley Reed, Stanley, Reed

The Wall Street Journal

5 Groups   
Wall Street Journal - 04.21.2015 Original article ›

Anthem, Cigna Talking as Centene Makes Deal

4 Groups   
Wall Street Journal - 07.04.2015 Original article ›
Dana Mattioli And Anna Wilde Mathews, Dana, Mattioli, And, Anna, Wilde, Mathews

Siemens CEO Preparing to Unveil New Strategy

7 Groups   
Wall Street Journal - 05.06.2014 Original article ›
Friedrich Geiger, Friedrich, Geiger, Jan Hromadko, Jan, Hromadko

More home buyers are bringing all-cash offers to the table - The Washington Post

2 Groups   
Washington Post - 05.27.2014 Original article ›
Dina Elboghdady, Dina, Elboghdady
LyrArc Article Gist
All cash purchases of homes by wealthy seniors and by foreign owners in 2013-2014. The thinning out of homes as distressed properties available from foreclosures in 2014. Institutional investors are also buying homes. Black Rock bought 45,000 homes for $8.6 billion in 2012 and 2013, and is retrenching a bit as it reduces purchases to about $30-$40 million a week in 2014. Other buyers from the middle class are still struggling to build up enough savings to buy homes, a reason for the weakness in the housing market.
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Original article 6 minutes, gist 1 minute

U.S. Treasurys Get Battered

3 Groups   
Wall Street Journal - 05.29.2013 Original article ›
Carolyn Cui, Carolyn, Cui

Next CEO's Biggest Job: Fixing Microsoft's Culture

8 Groups   
Wall Street Journal - 08.26.2013 Original article ›
Shira Ovide, Shira, Ovide

BP Reports Stronger Q4 Earnings in 2011

5 Groups   
New York Times - 02.07.2012 Original article ›
Clifford Krauss, Clifford, Krauss, Julia Werdigier, Julia, Werdigier

Jack Ma to Resign as CEO of Chinese E-Commerce Firm Alibaba

5 Groups   
Wall Street Journal - 01.16.2013 Original article ›
Paul Mozur, Paul, Mozur
LyrArc Article Gist
Jack Ma tells employees in an email: "At 48, I am no longer 'young' for the internet business. The next generation of Alibaba people are beter equipped to manage an internet ecosystem like ours. I believe they understand the future better than I do." Ma plans to give up the CEO role May 10, 2013, and let other managers inside the company run Alibaba. Alibaba runs the Taobao and Tmall shopping sites. Recent investments by Alibaba have focussed on improving its logistics system. Management changes include improving efficiency and giving more independence to managers to run their units.
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Yum Brands Sets Plan for Transition at Taco Bell

4 Groups   
New York Times - 05.20.2014 Original article ›
Stephanie Strom, Stephanie, Strom

Dish Network Makes Bid for Clearwire,Topping Sprint

4 Groups   
New York Times - 01.08.2013 Original article ›
Dealbook

No Quick Takeoff for Iran’s Lofty Aviation Plans

5 Groups   
Wall Street Journal - 01.29.2016 Original article ›
Robert Wall, Robert, Wall

Oprah Hasn’t Reversed Sales, Subscriber Losses at Weight Watchers

6 Groups   
Wall Street Journal - 02.26.2016 Original article ›
Ellen Byron, Ellen, Byron

Facebook Revenue Soars on Ad Growth

5 Groups   
Wall Street Journal - 04.28.2016 Original article ›
Deepa Seetharaman, Deepa, Seetharaman

Cablevision Deal: Altice’s Expensive U.S. Gamble

7 Groups   
Wall Street Journal - 09.18.2015 Original article ›
Miriam Gottfried, Miriam, Gottfried

3M’s Image Problem: Its Products Are Everywhere, but Often Overlooked

7 Groups   
Wall Street Journal - 03.11.2015 Original article ›
James R. Hagerty, James, R., Hagerty

SEC Bickering Stalls Mary Jo White’s Agenda

4 Groups   
Wall Street Journal - 06.04.2015 Original article ›
Andrew Ackerman And Aruna Viswanatha, Andrew, Ackerman, And, Aruna, Viswanatha

Credit Suisse is Facing Double-Barreled Inquiries

9 Groups   
New York Times - 04.06.2014 Original article ›
Ben Protess, Ben, Protess, Alexandra Stevenson, Alexandra, Stevenson

Formerly Ailing Rite Aid Becomes Picture of Health

4 Groups   
Wall Street Journal - 04.10.2014 Original article ›
Spencer Jakab, Spencer, Jakab

Nikon Shifts Focus to Health as Camera Sales Flag

4 Groups   
Wall Street Journal - 06.17.2014 Original article ›
Kana Inagaki, Kana, Inagaki

Nikon Lost in Hall of Mirrors

4 Groups   
Wall Street Journal - 06.26.2014 Original article ›
Aaron Back, Aaron, Back

Central Huijin Raises $7.94 Billion in Bond Sale

3 Groups   
Wall Street Journal - 08.26.2010 Original article ›
Wsj Online, Wsj, Online

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