Business

As two potentially major hurricanes are brewing in the Atlantic Ocean, investors bid up shares that stand to benefit from increase sales of plywood and generators and sold shares that would be hurt by damage claims. Hurricane Florence could strike a direct blow on the southeast U.S. later this week. Home Depot and Lowe’s shares
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Fast-growing digital bank N26 isn’t only winning over consumers, it’s winning over more and more of Germany’s labor force. From its inception in 2013, the lender has garnered lots of attention, not only from renowned investors like Tencent Holdings Limited and Peter Thiel’s Valar Ventures; but also LinkedIn, who has crowned the challenger bank as
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Jon McNeill, president of global sales and service, left in February after 2 years. McNeill moved to ride-hailing company Lyft where he’s served as chief operating officer since February. Eric Branderiz, chief accounting officer, left in March after a year and a half, citing only “personal reasons.” He is now the chief financial officer at
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Mainland Chinese buyers are expected to snap up an increasing amount of overseas real estate this year — even despite political resistance and sensitivity about such investments around the world. Chinese investments from infrastructure to property buying have been political hot potatoes during elections and beyond, with newly elected governments — such as Malaysia’s —
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Passengers and crew on two American Airlines flights arriving from Europe were held away from other travelers upon arrival in Philadelphia on Thursday after several showed signs of “flu-like symptoms,” federal officials said. Customs and Border Protection said 12 passengers on two flights, Flight 755 from Paris and Flight 717 from Munich, showed signs of
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The legal saga between CBS and Redstone family-controlled National Amusements may soon be over. Entertainment news site Deadline first reported Wednesday, citing sources, that the two parties are engaged in settlement talks, which are limited to their legal disputes. Sources told Deadline that CBS CEO Les Moonves, who is being investigated amid sexual assault allegations,
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Bradshaw said that Trump’s comments turned attention away from some of the more hard-hitting issues surrounding big tech. These include the fear that social media platforms were manipulated by foreign actors to meddle in elections, the distribution of fake news and other misinformation, and the data-driven microtargeting of voters with political advertising. “Social media allows
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President Donald Trump told conservative website The Daily Caller on Tuesday that Nike‘s new ad campaign featuring former NFL quarterback Colin Kaepernick sent a “terrible message.” Nike announced on Monday that Kaepernick would be one of the faces of the company’s 30th anniversary of its “Just Do It” campaign, along with other athletes such as
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Workday shares fell about 4 percent in extended trading on Tuesday, even though the cloud software company reported better-than-expected earnings for the fiscal second quarter, which ended July 31. Here are the key numbers: Earnings: 31 cents per share, excluding certain items, vs. 26 cents per share as expected by analysts, according to Thomson Reuters.
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