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Breaking Point: How Mark Zuckerberg and Tim Cook Became Foes SAN FRANCISCO — At a confab for tech and media moguls in Sun Valley, Idaho, in July 2019, Timothy D. Cook of Apple and Mark Zuckerberg of Facebook sat down to repair their fraying relationship. For years, the chief executives had met annually at the ...
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Fortune Dives Into The World Of Business School Rankings It's been more than a quarter of a century since Businessweek magazine published the first major ranking of MBA programs in 1988. U.S. News & World Report, which pioneered college rankings, followed the next year. And then, the Financial Times, Forbes, ...
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Will Hydrogen Stocks Gain From US Pledge To Cut Emissions? Our theme of Hydrogen Economy Stocks, which includes the stocks of U.S.-based companies that sell hydrogen fuel cells, related renewable energy equipment, and supply hydrogen gas, is down by about 3% year-to-date. In comparison, the S&P 500 is up by ...
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NY Community Joins Bank-Merger Rush With $2.5 Billion Deal New York Community Bancorp agreed to buy Michigan's Flagstar Bancorp Inc. for $2.54 billion, joining this year's string of tie-ups among small lenders trying to stay competitive against the nation's banking giants. U.S. regional banks have been merging to ...
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Turkey's Cryptomania Hits Home With Losses, Arrests, Manhunt Cryptocurrency mania is getting a wake-up call in Turkey after two local exchanges crumbled in the space of a few days. The collapse of Thodex and Vebitcoin has triggered a manhunt for one of the exchange founders, led to dozens of arrests and inflicted ...
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RBI limits single term of bank CEOs, managing directors to 15 years MUMBAI (Reuters) - The Reserve Bank of India said on Monday chief executive officers and managing directors at Indian private-sector banks will be eligible to hold these posts for up to 15 years, as it unveiled a series of rules on term limits. FILE PHOTO: A ...
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Oil prices move lower on COVID-19 worries in India Oil futures fell Monday, extending last week's loss as investors continued to monitor rising COVID-19 cases in India and other countries ahead of a meeting later this week of the Organization of the Petroleum Exporting Countries and its allies — a group known ...
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German Government Raises Growth Forecast for 2021 to 3.5% The German government has raised its growth outlook for this year to 3.5%, according to a person familiar with the decision, bringing a more cautious previous prediction of 3% in line with most other forecasters. Expansion is expected to accelerate slightly ...
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What to watch today: Stock futures mixed as Tesla kicks off tech earnings U.S. stock futures were mixed ahead of an onslaught of tech earnings this week, starting with Tesla (TSLA) after Monday's closing. A third of S&P 500 companies are set to report quarterly results in the final week of April, including Apple (AAPL), Microsoft ...
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NC finally lands Apple campus, bringing $1 billion and 3000 jobs to Wake County After more than three years of courting and an initial snub, North Carolina is finally landing an Apple campus. Apple plans invest $1 billion over 10 years to establish a campus in Research Triangle Park and create at least 3,000 jobs, according to the state ...
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Wheat Soars to Highest Price in Eight Years on Supply Worries While there's plenty of time for Northern Hemisphere conditions to improve, the surge in crop prices is stirring food inflation fears. The Bloomberg Agriculture Spot Index — which tracks key farm products — soared the most in almost nine years last week.
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Remote Work Study Shows The Possibility Of A New Corporate Two-Class System Around 38% remote workers didn't receive a bonus. Telecommuters put in 6.0 hours of unpaid overtime on average per week in 2020 and homeworkers worked well into ...
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Burned by the Stock Market? Consider These 3 ETFs Instead If that's you, there's hope, because you don't have to pick individual stocks. You can buy and sell entire baskets of them within exchange-traded funds, or ETFs. Like traditional mutual funds, ETFs are inherently diversified by the dozens (if not hundreds) of ...
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NFTs Stand To Revolutionize Mainstream Commerce To put it another way, NFTs can be viewed as digital files that make use of a blockchain platform for their distribution and owing to the fact that they are totally unique — and stored on a decentralized ledger — it is very easy to verify who their owner is.
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US durable-goods orders rebound in March, but supply shortages still gumming up the works The numbers: U.S. orders for long-lasting durable goods rebounded in March after a poor showing in the prior month, but shortages of key supplies are still hampering manufacturers as they race to keep up with rising demand from customers. Orders for ...
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Mubadala Eyes $1 Billion Gas Deal as UAE-Israel Ties Deepen A United Arab Emirates sovereign wealth fund plans to buy a stake in an Israeli natural-gas field for as much as $1.1 billion, in what would be one of the first major business deals since the nations normalized ties last year. Abu Dhabi's Mubadala Investment ...
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4 Easy Ways to Avoid Losing Your Bitcoin Others are more cautious. But one thing's for sure: Bitcoin is becoming more mainstream. It's estimated that over 100 million people worldwide now own cryptocurrency. And that means new investors need to know how to protect their Bitcoin. Here are four easy ...
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J&J's Second Act Creates New Challenge for Immunization Effort For Americans wary of the Johnson & Johnson Covid-19 vaccine as it returns to use after the investigation of a potentially deadly side effect, health experts have a message: The system worked. A recommended hold on the vaccine was lifted on Friday by the ...
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Thoma Bravo buys cybersecurity vendor Proofpoint for $12.3B in cash Digital security padlock with encrypted binary code on abstract circuit board. Image Credits: Yuichiro Chino / Getty Images. Moree M&A activity is underway in the red-hot field ...
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Canada's Fortuna pushes into West Africa with $884 million Roxgold deal (Reuters) -Canada's Fortuna Silver Mines Inc said on Monday it would buy Roxgold Inc in a cash-and-stock deal valued at about C$1 billion ($884.32 million), marking its foray into the lucrative precious-metal mining region of West Africa. Fortuna, which ...
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Indian shares post best day in 2 weeks as ICICI Bank, Reliance climb Indian shares posted their sharpest daily rise in nearly two weeks on Monday, spurred by gains in ICICI Bank Ltd (ICBK.NS) following strong quarterly results, even as more regions in the country went into lockdown to curb a surge in coronavirus cases.
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China's e-commerce giant JD.com starts paying some staff in digital yuan China's plan to introduce its digital currency is getting a lot of help from its tech conglomerates. JD.com, a major Chinese online retailer that competes with Alibaba, said Monday that it has started paying some staff in digital yuan since January, the virtual ...
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Bitcoin jumps 8%, on course to snap five days of losses Bitcoin jumped as much as 8% on Monday and was on course to snap five straight days of losses, though the cryptocurrency has slumped almost a fifth from its all-time high hit earlier this month. Bitcoin was last up 6.7% at $52,452 after touching its lowest ...
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Here's how much money Americans in their 20s have in their 401(k) accounts Early in your career, start by saving what you can, with the ultimate goal of putting away 15% of your salary. That 15% will put you on track to have the equivalent of your salary saved by 30, which is the milestone retirement-plan provider Fidelity recommends ...
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10 great pretzels in Michigan, from breweries to food trucks When Jason Beecher and his wife Chris were seeking out ideas for a food truck, he immediately thought of pretzels. "It's hard to find a good pretzel, and a lot of breweries don't serve food," said Beecher, who is based in Wyoming, Michigan, and started ...
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This software update is deleting botnet malware from infected PCs around the world A specially crafted update created by law enforcement has triggered the process of removing the Emotet botnet malware from 1.6 million infected computers around the world. Emotet was thought to be the world's largest botnet, known for spewing millions of ...
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Zoom can now put you in the same virtual background as your coworkers, here's how Zoom's new immersive view feature lets you virtually sit next to your fellow video call participants in a classroom, a boardroom, a conference auditorium or anywhere else in one virtual background. Here's how to use it.
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Jessica Alba's Honest Co targets $1.5 bln valuation in US IPO Alba, known for her roles in film "Fantastic Four" and TV series "Dark Angel", in 2011 co-founded Honest, which touts its baby products as a safer alternative to those that use synthetic chemicals.
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China Probes Takeout Firm Meituan Over Antitrust Concerns HONG KONG (AP) — China's market regulator said Monday it has launched a probe into suspected monopolistic behavior by food delivery firm Meituan. The investigation comes amid increased scrutiny of ...
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Taste of the sea: An oyster flavor guide Shell integrity, which we refer to as 'shuckability,' is important as well. Oysters that tend to grow fast will have thinner shells compared to wild oysters. Factors such a weather and food availability contribute to an oyster's growth spurts and shell thickness.
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France's Sanofi to help Moderna manufacture COVID-19 shots Sanofi said it would help supply up to 200 million doses of Moderna's vaccine at its Ridgefield facility in New Jersey. Financial details of the arrangement were not disclosed. The deal marks Sanofi's third such agreement this ...
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Nestle in talks to buy Nature's Bounty vitamins ZURICH (Reuters) -Nestle is in discussions to buy nutritional supplement maker The Bountiful Company, the Swiss food giant said on Monday, confirming media reports it is moving further into the health and nutrition sector which is growing faster than ...
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Equiem acquires British Land's property management arm as "PropTech" deals boom Terms of the transaction were not disclosed. British Land, the largest UK real estate investment trust, acquired an equity stake of less than 10% in Equiem in exchange for the Vicinitee property management platform, ...
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Tate & Lyle surges on sweetener unit deal talks Analysts were excited about the prospect of Tate & Lyle's food and beverage solutions unit trading as a separate entity. Analysts at Barclays Capital said even at 18 times enterprise value/earnings before interest and tax, the ...
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FDA lifts clinical hold on uniQure's gene therapy amid cancer concerns; shares jump After four months of hand-wringing and a deep investigation into how a patient was diagnosed with cancer after getting uniQure's hemophilia gene therapy, the FDA is allowing the trial to continue. In December, the FDA put uniQure's hemophilia B gene ...
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Quiche, lobster and chocolate: Where to take Mom for Mother's Day around Fort Worth The full menu is also available, including Grace's popular Maine scallops, steaks, snapper with etouffee or lobster-mushroom pasta. Grace opens at 10:30 a.m. ...
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Mighty Networks raises $50M to build a creator economy for the masses Mighty Networks, a platform designed to give creators and brands a dedicated place to start and grow communities, has closed on $50 million in a Series B funding round led by Owl Ventures. Ziff Capital Partners and LionTree Partners also participated in the ...
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Today's mortgage refinance rates: 15-year fixed stay below 2.5% for second consecutive week | April 26, 2021 Based on data compiled by Credible, current mortgage refinance rates remained unchanged since last Friday, and average rates across all terms continue to stick near monthly lows at 2.531%. 30-year fixed-rate refinance: 3.000%, Unchanging; 20-year ...
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Wave of Offshore Wind Creates Surge for Energy Justice The five-turbine Block Island Wind Farm was the first of its kind in the United States, but several offshore wind facilities are in various stages of approval off the East Coast. (istock). Ratepayers and taxpayers pay for expansion of renewable energy while ...
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I-Mab's IL-6 drug hits goal in ulcerative colitis phase 2 Interest in using anti-IL-6 drugs to treat ulcerative colitis and Crohn's disease dates back decades. Researchers reported early clinical data on MRA, the molecule that went on to be known as Actemra, almost 20 years ago. More recently, Pfizer studied its IL-6 ...
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Demand for online learning boosts Pearson's Q1 trading LONDON (Reuters) - Global education group Pearson said strong demand for online learning courses had helped the group to post a 5% rise in underlying revenue growth in the first three months of the year. The British company, repositioning itself as a ...
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Etsy Stock's Rally Could Slip If Earnings Beats Moderate, Says Analyst Etsy stock is falling early Monday, on the heels of a downgrade from Keybanc, which argues that the online marketplace's monster rally could be harder to sustain if the company doesn't turn in blowout earnings. Analyst Edward Yruma lowered his rating on ...
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Health Canada Authorizes First COVID-19 Test For Self-Testing At Home EMERYVILLE, Calif.--(BUSINESS WIRE)--Apr 26, 2021--. Lucira Health, Inc. (Nasdaq: LHDX), a medical technology company focused on the development and commercialization of transformative and innovative infectious disease test kits, today announced ...
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FASTER Act for Sesame Labeling Becomes Law MCLEAN, Va. — President Joseph R. Biden last week signed into law a new food allergy bill requiring that sesame — to which nearly 1.6 million Americans are allergic, according to FARE, a non- ...
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Dorman Products, Inc. Reports First Quarter 2021 Results Adjusted diluted EPS* of $1.04, up 58% as compared to $0.66 in Q1 2020. Dorman's strong balance sheet and ample liquidity provide solid foundation for growth. For fiscal 2021, the Company expects ...
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Luminar looks skyward for next lidar partnership Working together, the companies will develop lidar sensors that can augment the sensing capabilities of both traditional and new aircraft, helping to detect obstacles that pose hazards in the takeoff and landing environments.
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Apple establishing $100M distribution center in Hendrick County, creating up to 500 new jobs Apple Inc. is planning a $100 million distribution center in Hendricks County, creating up to 500 jobs by the end of 2024, the company and state officials announced Monday. The hub, to be located in Clayton, is part of Apple's plans to expand its distribution ...
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WR Grace to be acquired by Standard Industries in $7 billion deal The deal is expected to close in the fourth quarter and is subject to approval from Grace shareholders and "certain regulatory approvals." Once the transaction closes, Grace (NYSE: GRA) will be privately held and operate as a standalone company within ...
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UPDATE 1-UK fraud office's criminal case against former Serco execs falls through (Adds details from SFO statement, lawyer comment, background). April 26 (Reuters) - Britain's fraud office said on Monday a court had dismissed its plea to adjourn a hearing against two former Serco executives, after the regulator found errors with disclosures ...
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The 93rd Annual Academy Awards Showcased A Full Return To Red Carpet Glamour With Spectacular Platinum ... Platinum, the naturally white setting that truly enhances the brilliance of diamonds and colored gemstones, perfectly complemented the colorful couture gowns, trendy hairstyles and beautiful makeup. From Zendaya and Vanessa Kirby's diamond necklaces ...
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