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Even under indictment, California congressman is favorite

The indictment of U.S. Rep. Duncan Hunter and his wife that alleges they illegally converted his campaign account into a household checkbook reorders his re-election contest, giving Democrats a suddenly stronger hand in a district that for decades has embraced Republican candidates. Two months ago Hunter coasted through the June primary despite the ongoing FBI investigation that produced the 60-count indictment. The 50th Congressional District east of San Diego is the most Republican in Southern California. …read more […]

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MOVES-MetLife names new bosses for its Asia business

U.S. insurer MetLife Inc on Wednesday named Kishore Ponnavolu as president of the company’s Asia region, while Rebecca Tadikonda was named head of strategic growth markets for the region. Ponnavolu is the current head of the insurer’s auto and home business in the United States, while Tadikonda is MetLife’s chief strategy officer. Both appointments are effective on Sept. 1. …read more […]

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Alibaba (BABA) Stock Dips Ahead of Earnings: What to Watch

Alibaba (BABA) saw its stock price slip marginally during regular trading hours Wednesday as part of a nearly 10% decline over the last three months. BABA’s dip signals that investors are skeptical about the Chinese e-commerce powerhouse. So let’s see what they should really expect from Alibaba’s quarterly results, which are due out before the opening bell Thursday. …read more […]