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Huawei exec: The US can't afford to work without us Joy Tan is SVP of public affairs at Huawei Technologies USA. The opinions expressed in this commentary are her own. Perspectives Joy Tan. The rollout of 5G technology will bring faster downloads and uploads, reduced lag time, smarter devices in our ...
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Canada Eked Out Growth in Fourth Quarter OTTAWA—The Canadian economy barely grew in the final three months of 2019, as declines in exports and business investment contributed to the weakest quarter of activity in over three years. Some market watchers fear another weak performance could be ...
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The Flaw in Warren Buffett's Estate Plan Warren E. Buffett's annual letter to shareholders is always parsed for investing wisdom from the Oracle of Omaha. And for good reason: His success at investing is well known. He points out in this year's letter, which was released last weekend, that Berkshire ...
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Oil Set for Its Worst Week in Four Years Oil prices plunged to multiyear lows Friday, with Brent crude on course for its worst week in more than four years as the selloff driven by coronavirus fears accelerated. Brent crude dropped below $50 a barrel for the first time in 2½ years and was last down ...
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US Household Income Jumped, Consumer Spending Edged Higher in January WASHINGTON—Household income rose solidly in January and consumer spending edged higher, while inflation remained in check, signs of stability for the U.S. economy at the start of the year. Personal-consumption expenditures, or household spending, ...
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As stock markets tumble because of coronavirus, this time feels different The coronavirus panic that sent stock markets tumbling this week has triggered calls for the federal government to intervene, relying on traditional playbooks that the Federal Reserve, Congress and the White House have used in numerous previous crises.
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How To Cushion The Stock Market's Plunge Amid the current virus-related stock market slump, the diversification concept is more precious than ever. You know the old adage: Don't put all your eggs in one basket. Because if you trip, they all get smashed. Spreading your wealth over as many types of ...
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Ex-Barclays Bankers Cleared Over Qatar Fees in Blow to UK Fraud Office LONDON — Three former Barclays executives were acquitted in London on Friday of charges they helped funnel 322 million pounds ($418 million) in secret fees to Qatar during the credit crisis, in return for rescue funding. In a blow to the UK's ...
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FDA Reports First Drug Shortage Due to COVID-19, Far Earlier Than Expected The Food and Drug Administration didn't disclose the drug affected, but said the shortage was due to an issue manufacturing the drug's active pharmaceutical ingredient at a facility affected by the new coronavirus. The agency didn't disclose the drug affected, ...
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Biogen puts down a massive $350M upfront for Sangamo preclinical assets Biogen's investment in Sangamo Therapeutics comes a month after it bought a Pfizer Alzheimer's disease asset. (Biogen). Share Facebook Twitter LinkedIn Email Print. A year ago, Sangamo's shares sank after it posted lackluster data its genome-editing ...
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Is Cisco Systems Stock a Buy? Networking equipment giant Cisco Systems (NASDAQ:CSCO) hasn't been kind to its investors recently. The stock has fallen 18% over the past 52 weeks, missing out on a 12% gain in the S&P 500 index. The tech-heavy Nasdaq Composite Index rose 24% ...
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The Coronavirus Stock Market Rollercoaster Isn't Stopping Anytime Soon It may get a lot worse before it gets any better. Sales of face masks, hand sanitizer, and disinfectant may be spiking worldwide due to the cascading spread of 2019 novel coronavirus, but the stock market is deep in the red. Thursday marked a fifth straight ...
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Why Tesla Could Be Worth $1.5 Trillion by 2030, According to Ron Baron In 2019, a year in which the S&P 500 index stomped most active managers, Ron Baron zipped by the index with ease. The founder of Baron Capital, 76, ascribes his success to finding promising companies, knowing them intimately, and then hanging on to ...
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Markets slide, auto show canceled as virus impact spreads LONDON — Stock markets are heading for their worst week since 2008, Europe's top auto show has been canceled and companies keep lowering their earnings estimates. Here's a look at the latest developments: MARKETS: Share indexes are down sharply ...
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No profit, no love for Beyond Meat as shares fall (Reuters) - Shares of Beyond Meat Inc (BYND.O) fell nearly 13% on Friday after it narrowly failed to make a profit in the fourth quarter despite tripling sales, eating into expectations among investors for the high-flying faux meat maker. FILE PHOTO: Vegetarian ...
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GLOBAL MARKETS-World stocks set for worst weekly slump since 2008 as pandemic fears intensify ... * MSCI ACWI down 9%, S&P500 in correction in just 6 days. * U.S. yield curve firmly inverted, investors fear recession. * Fed rate cut next month seen probable. * European shares seen falling over 3%. * Asian stock markets: tmsnrt.rs/2zpUAr4. By Hideyuki ...
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Name a Song with "Strong" or "Tough" in the Title WJON's Question of the Week is asking listeners to name a song with "strong" or "tough" in the title or a song about being strong, powerful or tough. Let me know between 9:10-10 this morning. WJON's Question of the Week airs from 9:10-10 Fridays.
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Amazon takes merchants to task for price hiking, profiteering over coronavirus fears Live. Amazon data leak: Thousands of Ring camera credentials dumped online Three cache of Ring user credentials have surfaced this week. Amazon has removed over one million products in recent weeks in a bid to stop merchants profiteering from the ...
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New aircraft parts factory in Prestwick officially opens A new £22m factory for manufacturing aircraft parts has been officially opened in Ayrshire by First Minister Nicola Sturgeon. The Spirit AeroSystems facility in Prestwick will make components for spoilers on Airbus A320 wings. It will be using new, lightweight ...
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United cuts more flights to Asia, extends China cancellations WASHINGTON (Reuters) - United Airlines (UAL.O) said Friday it was cutting flights to Japan, South Korea and Singapore and extending flight cancellations to China in response to the coronavirus outbreak. The U.S airline said it will reduce flights to ...
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Seniors, businesses grapple with landmark retirement law Seniors are coming to terms with the changes from a landmark new retirement law, the Setting Every Community Up for Retirement Enhancement (SECURE) Act, which took effect in January. The law, which House Ways and Means Committee Chairman ...
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New Law Brings Texas One Step Closer to Legalizing Marijuana Texas is one step closer to joining the 34 states where medicinal marijuana is legal after state legislators passed a law written by North Texas Republican representative and registered nurse Stephanie Klick to expand the conditions that can be treated with ...
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Target to fill prominent storefront in Montrose After Randalls announced the closure of its prominent Montrose storefront more than a year ago, a new tenant has been lined up. Minneapolis-based Target Corp. (NYSE: TGT) confirmed to the Houston Chronicle that it leased approximately 63,000 square ...
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German unemployment steady at 5% in February BERLIN (AP) — Unemployment remained steady in February in Germany, despite overall weakness in Europe's largest economy, the Federal Labor Agency said Friday. The rate sat at 5%, when adjusted for seasonal factors — the figure used by most ...
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Brussels Airlines to cut flights to northern Italy by 30% due to conoravirus BRUSSELS, Feb 28 (Reuters) - Lufthansa subsidiary Brussels Airlines said on Friday that it will cut its flights to northern Italy by 30% from March 2 to 14 due to the coronavirus outbreak in the region. "Because of the rapidly declining demand in air travel within ...
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Sensex nosedives 1448 pts, logs second-worst fall in history; Nifty below 11250 Mumbai: As scare over likely coronavirus pandemic spooked investors across the world, triggering a global market rout, the domestic stocks were not left unscathed either. BSE benchmark Sensex logged its second-worst point-wise fall on Friday, as investors ...
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Health care provider joining 'Stonehenge' in North Natomas Another half-developed parcel in one of Natomas' more infamous development sites looks to be turning the corner to a full project in the near future. Sacramento city planners are processing an application for a two-story, 20,024-square-foot office building at ...
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German inflation little changed in February, state data shows BERLIN (Reuters) - Inflation was barely changed in German states in February, data showed on Friday, suggesting the national measure will remain close to but below the European Central Bank's target and pose no threat to its stimulus policy. The ECB ...
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IDPH Officials Issue Warning about Multistate E. Coli Outbreak Linked to Sprouts at Jimmy John's SPRINGFIELD – The Illinois Department of Public Health (IDPH) announced today it is working with local health departments, the Centers for Disease Control and Prevention (CDC), and the U.S. Food and Drug Administration (FDA) to investigate a multistate ...
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Pound Sterling Retreats from Euro and Dollar as Stock Market Exodus Continues; Uptrend Risks Coming Undone GBP on back foot as Brexit and coronavirus concerns hit risk appetite. - UK financial sector leaves it vulnerable to Coronaviru-induced outflows. - As virus spreads, stock markets crumble and investors seek safety. - Renewed threat of 'no deal' Brexit a ...
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SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of GAIN Capital Holdings, Inc. (NYSE ... BALA CYNWYD, PA / ACCESSWIRE / February 27, 2020 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of GAIN Capital Holdings. Inc. ("GAIN" or the "Company") (GCAP) for possible ...
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After beating earnings target, Pure Storage updates its FlashArray//X product line Pure Storage Inc. capped off a solid year today as it delivered fourth-quarter results that beat Wall Street's expectations. The company also updated its main line of FlashArray//X storage appliances today. The company, which sells a range of flash ...
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The Gig Economy Has Never Been Tested by a Pandemic The shadow of the new coronavirus finally reached American shores this week, as markets jittered downward and new cases crept up. The scope of any outbreak here is not clear, but experts suspect that the virus will become widespread. While the disease ...
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