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 The same order is blocking downloads of WeChat, owned by Tencent Holdings, also based in China.
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If the Federal Reserve wants the public to embrace its new approach to inflation and monetary policy, it's got a lot of work to do.
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The Centers for Disease Control now says those exposed to someone with Covid-19 but are as yet asymptomatic do need to get tested before returning to the workplace.
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 Commerce Secretary Wilbur Ross says the U.S. plans to restrict U.S. access to the Chinese-owned apps TikTok and WeChat on Sunday night on national security and data privacy grounds.
IMD Business School LEGO Professor of Management and Innovation Howard Yu told Yahoo Finance's On the Move that there's a "lack of security experts' opinions weighing in" on the situation.
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"All the great earnings in the world won't save this Humpty Dumpty market if we keep getting slammed by people selling good [stocks] to buy the smoking-hot, 100-times sales IPOs," the "Mad Money" host said.
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Find out what's behind their big run-ups to see if they can make it happen again.
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History isn't repeating itself when it comes to the highflying technology stocks sector, according to one longtime Wall Street bull.
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The software IPO market remained strong Friday as Unity Software shares headed higher after what the chief executive described as a 'UPO' built in the company's image
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Covid-19: Second wave now hitting the UK, says Boris Johnson BBC NewsUK eyes short-term closures as coronavirus cases spike | TheHill The HillUK coronavirus: Boris Johnson says 'second wave coming in' and warns measures may be intensified - as it happened The GuardianThe Guardian view on a second wave: Boris Johnson should be worried The Guardian
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 "Big Pharma" doesn't come much bigger than Pfizer (PFE). Although you could argue it is so big, the stock can hardly move. Shares are essentially trading for the same price as 3 years ago. Pfizer is also one of the leading names in the hunt for a COVID-19 vaccine. But unlike other names in the race to be first to market with a solution, the catalyst has had no bearing on the stock.However, after attending the company's investor presentation, Mizuho analyst Vamil Divan believes the event "successfully illustrated how the company is evolving into a ‘New Pfizer.'"Pfizer has an extensive pipeline of vaccines and treatments that it expects will generate over $15 billion of annual sales by 2025. The "New Pfizer" is also an attempt to highlight the giant's growth potential. The upcoming spin-off of its Upjohn portfolio should rid it of unwanted bulk and help it become an "innovation-driven biopharma company." The company expects to grow the top-line by 6% a year, while delivering double-digit growth on the bottom line.On the rare diseases front, Pfizer anticipates six rare disease assets will be in Phase 3 trials by the end of the year, including three gene therapies.The company is also developing a wide range of immunology products, "each for a targeted number of indications where there appears the potential for a truly differentiated product."Leading the charge form this business unit is abrocitinib, an oral JAK-inhibitor which Pfizer last month filed for the treatment of atopic dermatitis. Pfizer believes the treatmen
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The company is not imposing a strict lockup period for its workers.
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When downloads of the Chinese-owned messaging service are barred in the U.S. starting at midnight on Sunday, the feud between the countries will hit home for millions of people.
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Analyst warnings about dot-com bubble valuations have investors selling big tech stocks, while investors continue offloading real estate and utility stocks, usually considered safer investments in uncertainty.
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Hundreds of University of Illinois Hospital nurses and University of Illinois at Chicago service workers who are on strike marched downtown on a chilly Friday morning to Gov. J.B. Pritzker's office, asking the governor for solidarity as they negotiate contracts with the hospital and university.
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Voters endure long, socially distanced lines to cast early ballots in four states CNNYour big questions about voting and the 2020 election, answered CNNTexas is a 'voter suppression' state and one of the hardest places to vote. Will it help Trump win? The GuardianRanked-choice voting is a better way to vote The Boston Globe
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Export growth and rising appetite for Chinese debt help fuel renminbi rally
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2020-09-18 0001437749-20-019912 10 KB
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"Pandemic fatigue" has set in across parts of Europe, where the outbreak is on the rise again in some countries that were hailed early on for stamping out massive outbreaks.
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The latest economic and business news during the coronavirus pandemic.
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Any firm that sells to consumers must understand how four factors will influence their customers as well as their own business, and they need to start planning now to harness these trends to maximize the value of customer relationships.
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Unity Software shares surge 44% in Wall Street debut as IPO market sizzles CNNStocks making the biggest moves midday: U.S. Steel, Tesla, Unity Software, Beyond Meat & more CNBCUnity valued at $13.7 billion following $1.3 billion IPO GamasutraUnity Software's shares soar in NYSE debut New York Post
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Trump officials wrote CDC testing guidance against scientific advice: NYT - Business Insider Business InsiderCDC reportedly objected to COVID-19 testing guidance ABC NewsTrump administration wrote controversial US health agency guidelines on testing: report DAWN.comThis Is the Most Obese State in the Country Yahoo LifestyleReport: Controversial CDC Change Didn't Come From CDC Newser
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A federal grand jury in Washington state has indicted six people on charges of bribing Amazon.com Inc. employees to gain advantages for third-party sellers on the e-retailer's online storefront, where its business practices have drawn increased regulatory scrutiny.
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We want upscale shopping and less extreme weather than New Jersey for $7,000 a month.
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This week's Apple headlines; surprising iPhone 12 benchmarks, big problems with iOS 14, two new iPads, Apple ignores MacOS, the "good/better/best" of the Apple Watch, the controversy around Apple One, and more...
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 More people are spending time at home and buying online. Service businesses need to meet them there.
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The agency now says anyone exposed to an infected person for more than 15 minutes needs a test. An earlier guideline saying it might not be necessary had shocked public health experts.
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The CDC recommends people who come into close contact with someone with Covid-19 get tested, even if they don't show symptoms.
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 By pushing the boundaries of how and where we can do business, the COVID-19 pandemic has forced entrepreneurs to look at digital media in a new light.
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The new guidance says that people without symptoms who have been in close contact with an infected person "need a test."
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MacRumors Giveaway: Win One of Apple's Upcoming iPhone 12 Pro Max Models From iMazing MacRumorsiOS 14: How to use 10 of the most popular new iPhone and iPad features 9to5MacYouTube's website now blocks iOS 14's picture-in-picture mode unless you pay for Premium The VergeGraphical Glitches Plaguing Some 2020 iMac Owners With Radeon Pro 5700 XT GPU MacRumorsDownload the new 2020 iPad Air wallpapers for your devices right her
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The Amex-supported 'Coalition to Back Black Businesses' offers grants and training opportunities for hard-hit founders of color.
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The second woman appointed to the Supreme Court, Justice Ginsburg's pointed and powerful dissenting opinions earned her late-life rock stardom.
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 Mitch McConnell, the Senate majority leader who refused to bring to a confirmation vote President Barack Obama's nominee to replace conservative Supreme Court Justice Antonin Scalia upon his death in 2016 because it was an election year, announced Friday in the wake of news of the death of liberal Justice Ruth Bader Ginsburg that President Donald Trump's selection to replace Ginsburg will get a Senate vote. McConnell argued in a statement that began by paying tribute to Ginsburg's 87 years of life and trailblazing career that the Senate majority in place at the time of Scalia's sudden death had been put there to oppose Obama, while the Senate majority currently in place exists to pursue the Trump agenda. Senate Minority Leader Charles Schumer had moments earlier referenced McConnell's 2016 words in stating the view that the American people should have a voice, through their votes in the presidential election, in the selection of the next Supreme Court justice, which had a 5-4 conservative majority prior to Ginsburg's death. Election Day is 46 days away.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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The outpouring of grief, respect, and affection for Justice Ginsburg at her passing is a tribute to her commitment to law and justice and her sheer humanity.
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Investors want what's worked.
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Jennifer Aniston, Brad Pitt's Flirty Reunion ET CanadaBrad Pitt and Jennifer Aniston reunite on screen for steamy 'Fast Times At Ridgemont High' scene Yahoo EntertainmentPitt! Aniston! Roberts! Freeman! Was this the starriest Zoom ever? The GuardianGod, Brad Pitt Is So Good at This Vulture
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 Every smart investor knows that he doesn't know everything - and there is no shame in turning to the experts for advice. International investment firm Credit Suisse regularly publishes the information that investors need to make informed decisions. According to TipRanks, Credit Suisse ranks number 5 among the top 50 investment firms, with a sustained long-term success rate of 60% out of more than 12,000 stock recommendations made.This makes Credit Suisse a natural place to look for stock picks. With the year winding down, and the fourth quarter just around the corner, the bank is starting to publish its analysts 1 picks to round out 2020 - and to get a strong start on 2021. We've pulled up three of these picks; stocks that Credit Suisse analysts see gaining 20% or more in the year ahead.Using TipRanks' Stock Comparison tool, we were able to evaluate these 3 picks alongside each other to get a sense of what the analyst community has to say.Concho Resources (CXO)First on the list, Concho Resources, is a major hydrocarbon exploration and exploitation company in the Permian Basin of West Texas. The company has exploration rights on 800,000 acres of ground in the region, and extracts both oil and natural gas. Concho is a one of the area's largest unconventional shale producers, and has proven reserves in excess of 1 billion barrels of oil equivalent. The proven reserves are split, 2 to 1, between crude oil and natural gas.Concho has shown great resilience during the corona crisis. While earnings fell by a th
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Live Updates: Firefighter Dies in Blaze Sparked by Gender-Reveal Celebration The New York TimesFirefighter killed battling El Dorado Fire that erupted during gender-reveal party in Yucaipa KTLA 5Firefighter Dies in Blaze Sparked by Gender-Reveal Celebration msnNOWCalifornia, the Most Calamitous Place on Earth The New York TimesA firefighter has died in the California wildfire sparked by a gender reveal party CNN
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 As every investor would know, you don't hit a homerun every time you swing. But it's not unreasonable to try to avoid...
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TikTok deal still has a chance but WeChat 'dead' in the U.S., says senior administration official CNBCUS will ban WeChat and TikTok downloads on Sunday CNNLive Stock Market Tracker The New York TimesTrump bans all TikTok, WeChat downloads in US Fox NewsCan US TikTokers still legally use the app after Sunday's download ban? New York Post
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Shares of Compass Pathways PLC pointed north out of the gate, as the first trade was 37.6% above the initial public offering price. The U.K.-based mental health care company said Friday that it's upsized IPO priced at $17 share, above the expected range of $14 to $16 a share. The stock's first trade on the Nasdaq was at $23.40 at 12:30 p.m. Eastern for 277,349 shares. The company sold 7.5 million shares in the IPO, up from previous expectations of 6.7 million shares, to raise $127.5 million. The company was valued at about $578.1 million at the IPO price. The stock has added to gains since it opened, to trade up 44%. Compass's bullish debut comes at the end of a busy week for IPOs, which was highlighted by Snowflake Inc.'s red-hot debut earlier this week. The Renaissance IPO ETF has rallied 20.1% over the past three months, while the S&P 500 has gained 6.8%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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A newly-opened exhibition in Chicago celebrates the humanistic designs of Indian architect Balkrishna Doshi, his nation's first winner of the field's most prestigious honor, the Pritzker Architecture Prize.
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Shares of Athira Pharma Inc. rallied in their public debut, as the first trade was 17.4% above the initial public offering price. The Seattle-based biopharmaceutical company's upsized IPO priced late Thursday at $17 share, at the top of the expected range of $15 to $17 a share. The stock's first trade on the Nasdaq was at $19.95 at 12.01 p.m. Eastern for 7,69,298 shares. The company sold 12 million shares in the IPO, up from previous expectations of 10 million shares, to raise $204 million. The company was valued at about $489.8 million at the IPO price. The stock has pulled back since it opened, to trade up just 1.6%. Athira's public debut comes at the end of a busy week for IPOs, which was highlighted by Snowflake Inc.'s red-hot debut earlier this week. The Renaissance IPO ETF has rallied 20.1% over the past three months, while the S&P 500 has gained 7.3%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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 Was the recent market volatility just a fake out? After notching an all-time high on September 2, fears related to overheated valuations spurred a rapid correction, marking the first material correction of the current bull market. However, this doesn't mean the bears have been vindicated, so says Wells Fargo's Sameer Samana.Samana highlights the fact that both the S&P 500 and the NASDAQ "were able to hold above the levels we saw in June," arguing "from a higher highs, higher lows standpoint, the fact you were able to hold at higher levels than June or July is encouraging." He added, "Right away, it tells a lot to investors, nothing is wrong with the trend, we just got a blowoff and kind of a pullback."On top of this, the absorption of 10-year and 30-year Treasury issuances, recent M&A activity and easing of financial conditions like the volatility indexes and the dollar are all "helping sentiment on the day and leading to a rebound from the volatility over the past week or two," in Samana's opinion.With Samana's outlook in mind, we took a closer look at two stocks Wells Fargo is backing. The firm's analysts see over 100% upside potential in store for each. We used TipRanks' database to find out what the rest of the Street has to say.Bellicum Pharmaceuticals (BLCM)Developing high-performance cellular immunotherapies, Bellicum Pharmaceuticals wants to unleash their power against a wide range of cancers. Given the progress of its controllable CAR-T therapeutic pipeline, Wells Fargo is pounding the table on this hea
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FedEx's strong earnings report is sending both stocks higher.
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President will ban the download of the video-sharing app effective Sunday.
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Liberal judge of ‘historic stature' served 27 years on the country's highest court
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President's prediction comes as CDC reverses course on testing guidelines
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President Of Guatemala Tests Positive For COVID-19 : Coronavirus Live Updates NPRGuatemalan President Latest World Leader To Contract Coronavirus. Here Are The Other 7. ForbesGuatemalan president tests positive for new coronavirus WTOPView Full Coverage on Google News
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President Donald Trump said Friday the U.S. will manufacture at least 100 million coronavirus vaccine doses before the end of the year with enough to inoculate every American by April.
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Minneapolis Fed President Neel Kashkari on Friday called for meaningful banking and financial system reform.
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Check out the companies making headlines in midday trading.
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Workers at the University of Illinois at Chicago who are on strike have filed 20 complaints with the city, alleging the university is paying them below Chicago's $14 per hour minimum wage.
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U.S. stocks trade lower Thursday, but off the worst levels of the session, as investors digest the Federal Reserve's economic outlook and its decision to hold benchmark interest rates at superlow levels for at least the next three years.
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Veteran hedge-fund manager says capitalists don't divide the economic pie well, so the system isn't working effectively for all.
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Makuria's assets have slumped after a poor run of performance
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The 30-year fixed-rate average moved slightly higher but remained below 3 percent. It hasn't been above 3 percent for almost two months.
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