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Inside Travis Kalanick’s Resignation as Uber’s C.E.O.

Travis Kalanick’s final hours as Uber’s chief executive played out in a private room in a downtown Chicago hotel on Tuesday. There, Mr. Kalanick, who was on a trip to interview executive candidates for Uber, was paid a surprise visit. Two venture capitalists — Matt Cohler and Peter Fenton of ...

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Trump Takes Steps to Undo Obama Legacy on Labor

President Trump, who came into office courting labor unions and vowing to stand up for American workers, is taking a major step to alter the direction of federal labor policy, positioning the National Labor Relations Board to overturn a series of high-profile Obama-era decisions. The moves arrive after Mr. Trump’s ...

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The Car Was Repossessed, but the Debt Remains

More than a decade after Yvette Harris’s 1997 Mitsubishi was repossessed, she is still paying off her car loan. She has no choice. Her auto lender took her to court and won the right to seize a portion of her income to cover her debt. The lender has so far ...

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Whole Foods Deal Shows Amazon’s Prodigious Tolerance for Risk

Joke all you want about drone-delivered kale and arugula. Amazon’s $ 13.4 billion bet to take on the $ 800 billion grocery business in the United States by acquiring Whole Foods fits perfectly into the retailer’s business model. Unlike almost any other chief executive, Amazon’s founder, Jeff Bezos, has built ...

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Amazon Deal for Whole Foods Starts a Supermarket War

Shares of Walmart, Target, Kroger and Costco, the largest grocery retailers, all tumbled on Friday. And no wonder. Grocery stores have spent the last several years fighting against online and overseas entrants. But now, with its $ 13.4 billion purchase of Whole Foods, Amazon has effectively started a supermarket war. ...

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OPEC Took Aim at U.S. Oil Producers, but Hurt Itself, Too

HOUSTON — Picture a three-year-old tug of war waged across the globe that leaves both sides wobbly and scarred but unmoved. That’s one way of looking at the high-stakes competition between the world’s big oil exporters and the companies drilling in American shale fields. The struggle for dominance of the ...

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Wells Fargo Is Accused of Making Improper Changes to Mortgages

Even as Wells Fargo was reeling from a major scandal in its consumer bank last year, officials in the company’s mortgage business were putting through unauthorized changes to home loans held by customers in bankruptcy, a new class action and other lawsuits contend. The changes, which surprised the customers, typically ...

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A Top Uber Executive Departs, Fraying the Company’s ‘A-Team

SAN FRANCISCO — For years, Travis Kalanick, Uber’s chief executive, had his own personal “A-Team” at the ride-hailing company. The name referred to a coterie of Uber’s top executives who were among some of the company’s early employees and had some of the same aggressive sensibilities as Mr. Kalanick. The ...

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