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Business News

American Business News for 26 May 2020

Daimler AG plans to invest in Farasis Energy's planned $480 million IPO, aiming to ensure a stable supply of batteries from the Chinese firm as it ramps up electric vehicle production, three people... familiar with the matter said.
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Global Stocks Rise, Buoyed by Reopening Hopes

Wall Street Journal - 26 May 2020 05:50
U.S. futures advanced, suggesting markets could gain when they resume trading Tuesday after the long holiday weekend.
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Walmart de Mexico paid $358 million in taxes after talks with the Mexican government over an even larger sum authorities had aimed to charge the retailer for the sale of a restaurant chain, the... company said on Monday.
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History Repeats As BrazilBrazil's worsening Covid-19 crisis is making waves in the commodities world with reduced iron ore shipments from the South American country lifting the price of the steel-making material by 30% to... almost $100 a ton.
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Digital Yuan Rollout IsA South Korean financial expert says that China's forthcoming digital yuan will be used in cross-border trading - possibly replacing the United States dollar in many international deals - and has been... sped up as a response to Facebook's Libra project. Per Maeil Kyungjae, Kim Jong-han, a senior researcher at the Korea Institute of Finance, a leading economic think
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Why Orange Juice Sales Are On The Rise

Forbes - 26 May 2020 04:18
Why Orange Juice Sales Are OnFor consumers who prefer to skip juicing an orange and fighting with the pulp in their kitchens, bottled orange juice is an easy and safe alternative. However, during the coronavirus outbreak, sales... of orange juice are not increasing because of shoppers' desire for convenience.
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Pandemic Receding, InvestorsBut if we are dealing with this come July, markets are going to reassess big time.
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Business is booming for manyCourtesy of Jacob Wingeback Demand has increased at small meat processors and butchers, as the country's industrial-scale meatpacking facilities have become coronavirus hotspots and been forced to... close or reduce their output. The sudden demand for local butchers and meat processors arrives during a time when relatively few remain. "I could run this thing around the clock. Feedlots in this country are full, and ranchers and feeders cannot find anywhere to get this stuff processed," Jacob Wingebach, owner of Sandhills Beef Company, said. And Wingebach is hiring: "I'm offering the American Dream." Visit Business Insider's homepage for more stories. Six years ago, Jacob Wingebach, a resident inspector for the U.S. Nuclear Regulatory Commission, walked away from a lucrative career 20 years in...
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Samsung Group heir Jay Y. Lee on Tuesday was summoned and questioned by prosecutors over a controversial 2015 merger of two of the group's affiliates, Yonhap News Agency said.
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Goldman Sachs Hosting BitcoinAs interest in cryptocurrency grows among institutional investors, global investment banks, like Goldman Sachs and JPMorgan Chase, are reexamining their views about bitcoin. Goldman Sachs is hosting a... call for its clients to learn about the implications of current policies for bitcoin, gold, and inflation. Goldman Sachs’ Bitcoin Call for Clients New York City-headquartered investment […] The post Goldman Sachs Hosting Bitcoin Call as Institutional Interest in Cryptocurrency Surges appeared first on Bitcoin News.
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Asian shares crept ahead on Tuesday following an upbeat session in Europe and further gains in U.S. stock futures as investors looked past Sino-U.S. trade tensions to a re-opening world economy.
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Stock Market Boost:The unemployment trend, no longer rising, now looks ready to decline
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Crushing taxes, crashing stocks and a terrible inflation await us if Democrats follow through on their election promises.
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Don't Let The Pigs Get You

Forbes - 26 May 2020 12:00
Don't Let The Pigs Get YouOur heroine must overcome disease-induced self-doubt, potentially career-killing obstacles at work and just plain weirdness to crack this case.
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Superb Healthcare At Ultra-LowHow Singapore created the world's best health-care system at amazingly low costs. We can start to do the same.
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High COVID-19 Mortality RateAccording to Kaiser Family Foundation data, 42% of all COVID-19 related deaths in the U.S. have been linked to long-term care facilities.
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White Woman Who Called Cops OnAmy Cooper, who had broken park rules, called the cops on Christian Cooper on Monday in an incident that has been viewed millions of times on social media.
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Bitcoin Starts UpsideAfter a sharp downside correction, bitcoin price found support near the USD 8,650 level. BTC started an upside correction and it is now (08:30 UTC) trading near the USD 9,000 level. To continue... higher, it must clear the USD 9,050 and USD 9,200 resistance levels. On the other hand, most major altcoins are trading in a range above key supports, including ethereum, XRP, litecoin, bitcoin cash, BNB,
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Keeping Clients Fit During the Pandemic by Going Virtual

The New York Times - 26 May 2020 11:00
Keeping Clients Fit During theWhat to do with a business that involves close physical contact with clients? Innovate and, if you're lucky, grow -- but at a distance.
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Dallas Mavericks And The NBAThe safety of players and personnel is the penultimate concern of the league as it looks to resume games in Orlando.
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A New Irish Whiskey Looks ToWaterford Distillery launches globally at the end of June.
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Sip On These Lockdown TipsExclusive insight from one of the world's best-selling premium vodka brands.
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How To Ensure Age Equity InAge equity in the talent search process becomes paramount as eager job applicants across the age spectrum apply for newly opened positions.
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Twitter Bitcoin Mentions NowTweets including Bitcoin are far ahead of altcoins, but there are major similarities between Twitter and market cap rankings.
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Stanley Ho, Casino Kingpin ofStanley Ho was for the past half-century the single most influential figure in the Portuguese colony, turning it into a gambling powerhouse that easily surpassed Las Vegas.
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