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Vietnam ports struggle to get rid of abandoned containers

Thousands of containers of goods have been lying in Vietnamese ports for months, causing huge losses to their owners, while the costs involved in disposing them of legally stop authorities from taking action. In March over 5,400 containers at eight international ports including in Ho Chi Minh City and the ...

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Verizon Commercial Suggests a Thanksgiving Without Phones

Imagine Thanksgiving without Instagram. That is apparently what Verizon is envisioning this holiday season. In a television commercial that it will introduce on Thanksgiving, Verizon is urging people to turn off their phones. The advertising campaign is certainly an attempt to drum up attention, but it also speaks to a ...

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Charles M. Cawley, Founder of MBNA Corp., Dies at 75

Charles M. Cawley, who founded MBNA Corporation in a supermarket basement, transformed the company into the world’s largest independent credit card issuer, and sold it two decades later to Bank of America for nearly $ 35 billion, died on Nov. 18 at his home in Camden, Me. He was 75. ...

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Drug Merger Reignites Tax Reform Discussion

WASHINGTON — For almost four years, Congress and the White House have done little to make their long-promised overhaul of the corporate tax code a reality. Now the blockbuster pharmaceutical merger of Pfizer and Allergan has put new pressure on all sides to act. Pfizer’s takeover of Ireland-based Allergan — ...

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