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Business News

Location American Business News for 22 July 2020
Devastating Floods in China Raise Questions About Bitcoin Mining Too Source: a video screenshot, Youtube/ARIRANG NEWS With cities under water, billions in damages already reported, and the amount of flooding that China hasn't seen in years putting an increasing pressure on the world's lar...
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Wieden + Kennedy Lays Off 11% of Worldwide Workforce Wieden + Kennedy has laid off 11% of its global workforce. According to the agency, the main reason for the staff reduction is due to ongoing business pressures related to the continuing pandemic. "We negotiated this as ...
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NYC is now the worst place to do business, retailers say New York City's progress fighting the coronavirus is doing little to help retailers, who say business in the city that never sleeps has become worse than anywhere else in the country. National retailers -- from Shake Sha...
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Tesla reports 2nd quarter earnings today amid a searing stock rally. Here's what 4 Wall Street analysts are talking about ahead of the report. (TSLA) Tesla reports its highly anticipated second-quarter earnings on Wednesday after market close. The report comes after the automaker's second-quarter vehicle delivery numbers beat Wall Street expectations. Investors and an...
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The increase came after sharp declines over the previous three months due to the coronavirus pandemic. Sales were still 11.3% lower annually.
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Instagram for Business: How to Hide Your Category Label Did you know that Instagram business accounts have the option to hide certain information from their profiles? For instance, business owners can hide their "category label" from their profile (a category label may be som...
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President Donald Trump has been pushing for a payroll tax cut. An analysis from the Institute on Taxation and Economic Policy found that the highest-income earners would reap most of the savings.
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Top Growth Stocks For July

Forbes - 22 Jul 2020 19:05
Top Growth Stocks For July Using a grading scale from A to F, our deep learning paired with AI have rated some Top Growth Stocks in the US Large Cap.
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The 26 most successful Harvard Business School graduates

Business Insider - 22 Jul 2020 17:02
The 26 most successful Harvard Business School graduates Harvard Business School boasts some of the world's richest and most influential alumni. Founded in 1908, HBS was the first institution in the world to grant a Masters in Business Administration. Here are several notable ...
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Ecommerce sales will decelerate this year globally - but certain national markets may see success Insider Intelligence publishes thousands of research reports, charts, and forecasts on the Media, Advertising, and Marketing industry. You can learn more about becoming a client here. The following is a preview of one Me...
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Crypto Entrepreneurs Sue Google, Facebook, Twitter Over Ad Ban Following the infamous crypto advertising ban by Google and its video-sharing site YouTube, Facebook, and Twitter, a law firm representing crypto entrepreneurs and investors who claim their business was hurt as a result ...
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Cracks begin to show in multifamily lending

American Banker - 22 Jul 2020 21:16
Delinquencies have been ticking up since the start of the coronavirus pandemic and Capital One is warning of more pain unless the government provides additional relief to tenants and landlords.
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Selena Gomez's Rare Beauty Pledges To Raise $100M For Mental Health Today, Rare Beauty, the mission-driven beauty brand founded by Selena Gomez, is launching the Rare Impact Fund, which will raise $100 million over the next ten years to help address the gaps in mental health services, pa...
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Humans arrived in North America at least 15,000 years earlier than we thought, discoveries show -- which suggests they came by boat Mads Thomsen Archaeologists have long debated when and how the first people made it to North America from Asia. Researchers previously thought early humans crossed the Bering land bridge from Siberia to Canada 13,000 yea...
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Apple, Amazon offices in Italy searched in antitrust probe The Italian offices of Apple and Amazon were raided Tuesday as the country's antitrust authority opened an investigation into whether the companies engaged in anti-competitive practices.
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Snap shares sink as coronavirus boost wears off sooner than expected Shares of Snapchat parent company Snap Inc. were down as much as 7 percent Wednesday morning after the company said that its coronavirus-related user boost fizzled out sooner than it had anticipated.
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Bill Ackman raises $4 billion for blank check company

New York Post - 22 Jul 2020 16:26
Bill Ackman raises $4 billion for blank check company In mid-June, Bill Ackman asked Wall Street for $1 billion to hunt down a major investment. Six weeks later, the street gave him $4 billion. The 54-year-old hedge fund manager disclosed Wednesday morning that he has raise...
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Slack Files EU Antitrust Complaint Against Microsoft

Wall Street Journal - 22 Jul 2020 16:24
Slack Files EU Antitrust Complaint Against Microsoft Microsoft is facing an antitrust complaint in the European Union over its push into workplace-collaboration software, joining a series of big tech firms under scrutiny on both sides of the Atlantic for allegedly abusing ...
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US stocks edged higher on Wednesday as traders weighed the prospects of a new spending bill against inflamed tensions with China. Concerns about a fresh US-China conflict intensified after the US ordered the closure of C...
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Wave.tv Secures $32 Million to License, Acquire Sports Media Brands With most live sports on hold for the past several months, sports media publishers have had to stretch their imaginations to find interesting stories to show and tell. Wave.tv, a digital media company built around workin...
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Digital Investing Tools That Target Retirees Having enough money to last a retirement that can last 30 years or more is certainly a challenge.
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Four schemes of Nippon India Mutual Fund have exposure to downgraded debt of Morgan Credits
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