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Business News

Location American Business News for 15 August 2020
Bill Gates-backed vaccine maker CureVac shares nearly triple in Nasdaq debut Shares of German biotechnology firm CureVac nearly tripled in their Nasdaq debut Friday, marking the first stock market debut of a company developing a potential vaccine to combat the novel coronavirus. The stock opened ...
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Warren Buffett slashes JPMorgan and Wells Fargo stakes, bets on Barrick Gold Drew Angerer/Getty Images Warren Buffett slashed his stakes in JPMorgan and Wells Fargo last quarter, a regulatory filing revealed on Friday. The billionaire investor's Berkshire Hathaway conglomerate also took a $560 mi...
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Wine prices could soon go up while some bottles will become harder to find in the US, thanks to a dangerous 'one-two punch' Reuters A 25% tariff on many European wines is staying in place, the US Trade Representative said this week. Wine importers and retailers say the tariffs have unnecessarily hurt small American businesses. Certain wines h...
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Where Robocalls Hide: the House Next Door

Wall Street Journal - 15 Aug 2020 06:00
Where Robocalls Hide: the House Next Door Mom-and-pop carriers are a key link in the telecom system. They can also open the door to scams.
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Gold Will Need More Bad News to Keep Prospering

Wall Street Journal - 15 Aug 2020 14:37
Gold is sending a signal, but of what? Rampant inflation on the way? The collapse of the dollar as a mainstay of the global monetary system? Low interest rates? WSJ columnist James Mackintosh explores the partial truths ...
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The world's largest hedge fund dumped these 5 investments last quarter as the coronavirus recovery raged Eoin Noonan/Web Summit/Getty Images Bridgewater Associates, the largest hedge fund in the world, released in an SEC filing what investments it bought and sold in the second quarter on Wednesday. The hedge fund, founded b...
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No, the US is not the 'weak link in the global economic recovery' Alexi Rosenfeld/Getty Images The Associated Press wrote a story that claimed the US was the "weak link in global economic recovery." There's no doubt that the US response to the COVID-19 pandemic has been a mess compared...
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How to prevent misuse of Aadhaar?

livemint.com - 15 Aug 2020 09:43
A resident can lock the Aadhaar number or lock the biometrics to strengthen the security of Aadhaar.
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Trump Officially Orders TikTok's Chinese Owner to Divest

The New York Times - 15 Aug 2020 04:37
Trump Officially Orders TikTok's Chinese Owner to Divest The president, who last week gave ByteDance 45 days to sell its stake or else face U.S. restrictions, added a 90-day deadline under a national security law.
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25% of Small Businesses Worry Most About Government Closing Their Business Again As small businesses across the country begin to see customers coming back strong, they worry about potential closing orders from government officials.
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The Five Factors That Decide How Much Compensation After A Major Oil Spill What factors are used to determine how much compensation to award following a major oil heavy fuel oil spill? Here are the five critical steps that every country should be aware of.
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The Critical First Five Steps Every Country Should Take When Responding To A Major Oil Spill As the risk of a major oil spill threatens the pristine waters of the Red Sea and the Indian Ocean island of Mauritius, many countries are waking up to the risks of a major oil spill on their shores. What steps should th...
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The US Postal Service is weighing higher fees on domestic packages Spencer Platt/Getty Images The US Postal Service wants to charge higher fees for domestic shipping, The Wall Street Journal reported Friday. The changes would go into effect from October 8 and end on December 27, accordi...
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Trump: I'm 'Ready' To Take Action On Stimulus Checks, Rental Assistance, Business Loans And State And Local Aid President Donald Trump says he's "ready" to send more money to the American people.
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Victor Kislyi has built Wargaming into 5,000 employees and multiple games thanks to the endurance of the World of Tanks online game.
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Why Do Chinese Companies List Their Shares In New York? The American government is threatening to ban "corporate China" from the U.S. stock market, delisting hundreds of Chinese companies. But lots more Chinese firms are rushing to go public - not in Shenzhen, but in New York...
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Chicago Bulls Finally Fire Head Coach Jim Boylen It look a bit longer than hoped, but the Chicago Bulls finally fired head coach Jim Boylen.
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Warren Buffett Buying Gold May Push Bitcoin to $50K, Investors Say Warren Buffett's Berkshire Hathaway sold bank stocks to buy a gold mining company, which will indirectly boost the price of Bitcoin, investors say.
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Toxic In The Tropics: The Invisible Killer Now In Mauritian Waters Although the leak on the vessel is being stemmed, a larger, invisible second wave is about to hit Mauritius. This is why the Wakashio disaster is so bad, and could go down in history as having one of the world's worst ev...
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Niccolo de Masi wants to take another private company public in short order using a special acquisitions process. His target is a gaming firm.
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How To Attract Candidates To Hard-To-Fill Positions Think of your job posting as a living, breathing call for applicants that gets air-time in front of the right eyeballs all around the web and draws them in. Here are a few ways to attract more top-notch candidates to you...
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Here's How To Stay One Step Ahead Of Your Customers What to do when the world changes overnight.
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