Month: August 2020

Peter Navarro, director of the National Trade Council, speaks to members of the media outside the White House in Washington, D.C., on Friday, Aug. 28, 2020. Stefani Reynolds | Sipa | Bloomberg | Getty Images A House oversight subcommittee has opened a probe of all federal contracts negotiated by White House trade advisor Peter Navarro after the
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Eric Yuan, founder and chief executive officer of Zoom Video Communications Inc., center, celebrates during the company’s initial public offering at the Nasdaq MarketSite in New York on April 18, 2019. Victor J. Blue | Bloomberg | Getty Images Zoom Video Communications shares rose as much as 9% in extended trading on Monday after the
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A computer popup box screen warning of a system being hacked, compromised software enviroment. 3D … [+] illustration. getty The Justice Department has announced action against two hacks of virtual currency exchanges by North Korean actors. According to court documents, the actors stole millions of dollars’ worth of cryptocurrency and laundered the funds through Chinese
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An active senior couple with helmets and ebikes standing outdoors on a road in nature. getty I’ll bet that 95% of all baby boomers living in single-family homes and condos have a bicycle or two hanging from the rafters of the garage or clinging to the back of a storage cage somewhere.  Most of them haven’t
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Exclusivity clauses, even in a nonbinding term sheet, can blow up in your face if you’re not … [+] careful. RANJAN SAMARAKONE Early in any substantial real estate transaction, the parties will typically create a term sheet (or letter of intent) to describe the basic business terms of their possible transaction. They’ll put down on
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Steve Easterbrook, then-chief executive officer of McDonald’s Corp., speaks during the opening of the company’s new headquarters in Chicago, Illinois, on Monday, June 4, 2018. Joshua Lott | Bloomberg | Getty Images McDonald’s slammed former CEO Steve Easterbrook in a new legal filing on Monday, arguing that he should have to defend his conduct in court. 
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Take a look at some of the biggest movers in the premarket: Honeywell (HON), Amgen (AMGN), Salesforce.com (CRM) – Honeywell, Amgen and Salesforce become members of the Dow Jones Industrial Average as of today, replacing Pfizer (PFE), Exxon Mobil (XOM) and Raytheon Technologies (RTX). Apple (AAPL) – Apple begins trading on a post-split basis today,
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Carlyle Group co-founder David Rubenstein told CNBC on Monday that he is “still a little nervous” about the stock market’s robust rally from its coronavirus-era lows.  “I think the market has somewhere more to go, but on the other hand, I don’t think it can keep going up forever at this pace,”  Rubenstein said on “Squawk Box.” ”I
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With millions of Americans unemployed, rising college seniors face the worst job market in modern history while racking up more student debt than ever before. Two-thirds of college students — roughly 13.3 million undergraduates — said the coronavirus crisis has changed how they feel about their financial future, according to WalletHub’s recent 2020 College Student Financial
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China on Monday announced that manufacturing activity expanded in the month of August as the country continued to recover from the coronavirus pandemic.  The official manufacturing Purchasing Manager’s Index (PMI) for the month of August came in at 51.0 as compared to 51.1 in July, according to the National Bureau of Statistics. However, the pace of expansion missed
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