GBP News 

British entrepreneurs are founding nearly 420,000 new start-ups a year

“The financial crisis has given way to a more benign macroeconomic climate and an increase in consumer spending and business investment” writes Thomas Colson for businessinsider.com. Business investment has also slowed since the UK voted to leave the EU, but still rose by 0.2% in the second quarter of this year.In particular, the research found that start-ups in professional, scientific, and technical businesses have the best survival rate of any sectors, with 95% of businesses founded in 2014 still in operation in 2015, the last year for which that data is…

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Bettencourt death stirs speculation about L’Oreal ownership

“The death of the French matriarch of L’Oreal’s founding family stirred speculation about the future of the world’s largest cosmetics firm and its relationship with shareholder Nestle” writes Charles Platiau for cnbc.com. Nestle had agreed with the founding family that the two parties could not increase their stakes during Liliane Bettencourt’s lifetime and for at least six months after her death. Source: cnbc.com Share This:

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Japan and US conduct drills as North Korea celebrates anniversary

“North Korea celebrated its 69th founding anniversary with flowers and music, while Japan marked the occasion with fighter jet drills over the East China Sea” writes Emily Shugerman for independent.co.uk. The UN Security Council is considering additional sanctions against North Korea in the wake of its latest nuclear test. Source: independent.co.uk Share This:

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Pandora names Sling TV founding CEO Roger Lynch as new CEO and president

“Pandora has announced that Sling TV founding CEO Roger Lynch will join the company as CEO and president, effective September 18th, 2017” writes Aug Edt for theverge.com. As the founding CEO of Dish Network-owned Sling TV, Lynch led the company to become the leading on-demand over-the-top (OTT) service in the US Before Sling TV, he held several executive positions with Dish Network, UK IPTV provider Video Networks International, and Chello Broadband.Naveen Chopra, who served as Pandora’s interim CEO following co-founder Tim Westergren’s announcement that he was vacating all official positions…

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Founding Fathers knew ‘trade with all parts of the world’ is good | Op-Ed

“Our Founding Fathers wanted free trade with the world” writes Mark Wagoner for seattletimes.com. The rest of us are more like the Founding Fathers: We see global trade as a national necessity that expands choice and creates prosperity here at home.Eustatius, a Dutch island in the Caribbean that was a hub of free trade.But free trade was more than a commercial benefit: It was indispensable to the success of the American Revolution. Source: seattletimes.com Share This:

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Nordstrom shares spike as founding family explores going private

“The surprise announcement sent Nordstrom shares soaring as much as 20 percent in premarket trades” reports nypost.com. The Seattle-based department store’s founding family said Thursday it is exploring a deal to take the chain private.Only one other department store, Dillard’s, whose namesake family owns 11 percent of the company, could pull off a similar move. Source: nypost.com Share This:

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Hawks vs. doves — which side would the founding fathers have…

“Our country requires, perhaps more urgently every day, an informed public debate on how and why we use our vast military power” writes William Hogeland for latimes.com. It was the nation’s founding military action, setting the stage for all that followed.The U.S. has a right, and at times a duty, to use its military power. Source: latimes.com Share This:

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Crypto News 

Indian IT Giant Wipro Joins the Enterprise Ethereum Alliance as Founding Member

“Indian IT services and consulting powerhouse Wipro has joined the Enterprise Ethereum Alliance (EEA) as a founding member to develop enterprise-grade blockchain solutions” reports cryptocoinsnews.com. In an announcement yesterday, Wipro revealed that it has already been working with the Ethereum blockchain to develop solutions for enterprises across a number of industries.Specifically, Wipro is looking at contributing toward ‘key aspects such as security, privacy and scalability’ as the key determinants in accelerating blockchain adoption, the executive added. Wipro is also encouraging in-house blockchain development by creating a ‘Blockchain Academy’ for its…

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