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DealBook: The Time for TikTok's Talks Is Ticking Down Good morning. (Was this email forwarded to you? Sign up here.) D-Day for a TikTok deal is near. Both Microsoft — with an unexpected new partner — and a consortium led by Oracle have submitted bids to buy TikTok's U.S. operations, The Times's Mike Isaac ...
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Tesla Bulls Bet Big Ahead of Stock Split Since Aug. 11 when the company unveiled plans for the split, shares have jumped 63%, building on an already impressive surge this year and bringing its market value to more than $400 billion. Tesla shares have more than quintupled this year and closed at ...
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The Only 2 Cannabis Stocks Billionaires Sold in Q2 For the longest time, marijuana stocks were virtually unstoppable. With tens of billions of dollars in sales conducted annually in the North American black market, it seemed only logical that legalizing cannabis in Canada and select U.S. states would lead to a ...
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Fed's Mester says recovery will be 'a slow one' and more economic support is needed "There's more pain out there that we're going to have to support the economy through," Loretta Mester, president of the Cleveland Fed, told CNBC. "What that looks like, we're going to have to take our time to evaluate that, but I think accommodative monetary ...
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UPDATE 1-Malaysia's CIMB posts 82% Q2 profit drop, ups provisions ... * Q2 provisions up 347% to 1.5 bln rgt, to stay elevated. * Provisioning outside Malaysia related to leisure & hospitality. * 2020 NIM seen squeezed 10-15 bps. * Expects continued weaker performance for rest of 2020 (Adds details, CEO comments on ...
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Coca-Cola Plans Layoffs, Offers Voluntary Separations Amid Reorganization Coca-Cola Co. said it planned to lay off some employees, offer voluntary separations and reorganize its segments as part of its reorientation in beverage strategy. The beverage giant said Friday it would establish nine new operating units under four ...
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Metal Finishing Market Procurement Intelligence Report with COVID-19 Impact Analysis | Global Forecasts, 2020-2024 LONDON--(BUSINESS WIRE)--The metal finishing market will register an incremental spend of about $3 billion, growing at a CAGR of 5.39% during the five-year forecast period. A targeted strategic approach to metal finishing sourcing can unlock several ...
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Japan's 'Flying Car' Gets Off Ground, With a Person Aboard TOKYO — The decades-old dream of zipping around in the sky as simply as driving on highways may be becoming less illusory. Japan's SkyDrive Inc., among the myriads of "flying car" projects around the world, has carried out a successful though modest ...
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Amsterdam's Schiphol Airport cuts hundreds of jobs Amsterdam's Schiphol Airport says it will cut hundreds of jobs and is warning that air traffic likely will not return to pre-coronavirus pandemic levels until 2023-25. THE HAGUE, Netherlands (AP) — Amsterdam's Schiphol Airport announced Friday that it will cut ...
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UPDATE 1-China Baosteel's H1 net profit tumbles, hurt by coronavirus, rising ore costs ... * Baosteel's H1 net profit down 36.87% y/y. * Net profit recovered in Q2 from the first quarter. * Earnings drop due to the coronavirus, iron ore prices (Adds details from Baosteel earnings conference call on Friday). BEIJING, Aug 27 (Reuters) - Baoshan Iron ...
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Dallas firm buys rival Raleigh company to create materials supplier giant A Triangle public company is being acquired by a rival residential building materials supplier in an all-stock deal that would make the combined company one of the biggest in the sector. Builders FirstSource Inc. is buying Raleigh-based BMC Stock Holdings ...
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Greenhouse Marijuana Dispensary Ready To Open To Public In Skokie SKOKIE, IL — The village's first marijuana dispensary is set to open to the public Thursday. Located across the street from the Old Orchard Mall, the 10,000-square foot recreational cannabis retailer will become the largest location in Illinois operated by ...
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FDA issues warning about hand sanitizers disguised as food, drinks (WJW) — The U.S. Food and Drug Administration (FDA) is warning Americans about alcohol-based hand sanitizers that resemble food and beverages. According to the government agency, officials have discovered that some hand sanitizers are being ...
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Taiwan's MediaTek Pushes for Permission to Supply Huawei After US Curbs TAIPEI — Taiwanese chip designer MediaTek Inc said on Friday it had applied to the U.S. government for permission to continue supplying China's Huawei after new U.S. curbs take effect in mid-September amid rising China-U.S. tensions. The Trump ...
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Black farmers sue Monsanto, seeking end to Roundup sales ST. LOUIS — The National Black Farmers Association filed on Wednesday a federal lawsuit to block Creve Coeur-based agribusiness giant Monsanto and its German parent company, Bayer, from selling the weed killer Roundup. The suit alleges that Black ...
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Tesla Blown Away As Renault Dominates Europe's July EV Sales Party Europe's July auto sales figures are great news for electric car lovers but very bad news for Tesla. Tesla fans have long argued that with such a huge head start in electric car sales it can't be caught by legacy OEMs, but that theory was blown out of the water in ...
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SEMA Announces eMarketplace Solution SEMA, the Specialty Equipment Market Association, announced recently that it is offering an online marketplace to allow manufacturers and resellers in the specialty automotive segment to connect and conduct business. Taking place Nov. 2-6, SEMA360 was ...
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News in brief Mortgage giants extending relief. Fannie Mae and Freddie Mac will extend their suspension of mortgage foreclosures through at least the end of the year, providing more relief for homeowners grappling with the economic pain of the coronavirus pandemic.
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What's the Outlook for Moderna Stock? For anyone following biotech and pharmaceutical stocks, Moderna (NASDAQ:MRNA) is now a household name. The clinical-stage biotech company moved from the shadows to the spotlight in March when it became the first company to launch a human trial ...
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New Zealand investigating stock market cyber attacks WELLINGTON, New Zealand (AP) — New Zealand's government and its foreign spy agency are getting involved after cyber attacks disrupted trading on the nation's stock market several times this week. The attacks have affected the private company NZX ...
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Electric car sales are on the rise – is coronavirus a turning point for the market? James Carroll, research fellow in Energy Economics at Trinity College Dublin explores the patterns and trends of car sales during the pandemic and what the increasing market for electric vehicles (EVs) means as we move forward. Lockdowns across Europe ...
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Lender Amigo's profits dive as Covid payment holidays extended Profits at the subprime lender Amigo crashed by more than 80% over the first quarter after it paused new lending during the coronavirus pandemic and extended payment holidays to 47,000 struggling customers. Amigo, which is the UK's largest provider of ...
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Porsche presses on with electric vehicle launches as it battles Tesla Porsche will press ahead with the launch of new electric models in the US despite sales in the country dropping by a fifth during the coronavirus crisis as the carmaker steps up plans to take on Tesla. "We haven't got a plan to postpone anything in [America], ...
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ESG: The Building Blocks of a Sustainable and Resilient Business Strategy [Part 1 of 4] Before the global COVID-19 pandemic, the debate around environmental, social and governance (ESG) factors as drivers for long-term shareholder value was underway in earnest. Those discussions have continued with even more vigor since. The debate is ...
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WestJet passengers who refuse to wear mask could face 12-month travel ban, airline says Starting next week, WestJet says it will be implementing a "zero tolerance mask policy," warning that any passenger who chooses not to wear a mask will not be permitted to fly. The airline said its new policy, which comes into effect on Sept. 1, is in line with ...
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Google runs largest chemistry calculation on quantum computer, unlocking new frontiers in chemistry Google has successfully performed the largest chemical simulation on a quantum computer to date, a feat that can unlock new frontiers in chemistry, improving a wide variety of industries. The Google AI Quantum team used a noise-robust variational quantum ...
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2021 Kia Stinger engine details revealed, and it's getting more power Next up is the V6 in the Stinger GT. Kia stays the course with the 3.3-liter twin-turbo V6 in this case, but it's added a new electronic exhaust valve system that unlocks more noise and three extra horsepower. This leaves the final figures at 368 horsepower and ...
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North West business leaders on whether workers should go back to the office While some office blocks have re-opened their doors to workers following the Covid lockdown, a walk through Liverpool's business district at 8am on a weekday will still feel very different to the way it did before March. It's apparent that a number of employers ...
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DCG Enters into Bitcoin Mining with Newest Subsidiary: Foundry The new company will provide capital and advisory services to empower the digital asset mining ecosystem. DCG commits to $100 million investment in Foundry through 2021. NEW YORK — Digital Currency Group (DCG), a global enterprise that builds, buys ...
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Elon Musk's mind provider prepares a large uncover on Friday. Right here's what our company presently understand Elon Musk has actually created loads of cases regarding Neuralink, his brain-machine user interface provider. On Twitter and also on podcasts, the billionaire has actually promoted capabilities that seem nothing at all except remarkable: soothing clinical ...
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Vaping ad tactics 'exploited' the pandemic, study says (CNN) A free roll of toilet paper with your vape? How about hand sanitizer? Vaping companies -- long criticized for marketing that appealed to kids and implied their products were less harmful than smoking -- are now under the microscope for seizing on the ...
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Online SEO tools: A simple (but helpful) guide If you are doing any type of search engine optimization (SEO) on your website, then at some point you are going to need to make use of some different tools and programs along the way. The great thing about SEO is that there are hundreds of different tools ...
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