Month: November 2020

Uber missed Wall Street forecasts as the pandemic weighed on the company’s ride-sharing revenues, although it said its business came back “steadily” as countries loosened restrictions on travel and socialising in the third quarter. The company narrowed its losses in the quarter to $1.09bn, marginally worse than a consensus of analysts’ estimates of $1.02bn, according
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Silestone used here as the countertop. Photo courtesy of Silestone. The use of quartz surfacing has grown over the last several years. It is becoming increasingly popular because of its durability, unlimited color options, consistency of the slabs, nonporous nature and ease of maintenance. I had an opportunity to interview Edwardo Cosentino, the son of
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At its current price per unit, the decentralized cryptocurrency Bitcoin’s market valuation has surpassed the overall value of the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $281 billion). Since the massive global market rout on March 12, bitcoin has risen over 323% since the crypto asset’s $3,600 low in 2020. The price of
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The Federal Reserve again stated it will use all tools necessary to support the economy and in his press conference, Board Chairman Jerome Powell said the Federal Open Market Committee has started to discuss whether the emergency facilities created earlier this year need to be extended as the number of coronavirus cases is again rising.
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by confoundedinterest17 Good Thing! Challenger US Job Cut Announcements Year Over Year Percent Change fell from 185.9% in September to 60.4% in October. However, unit labor costs (a favorite measure of The Fed) fell from +9.0% to -8.9%. Both Gold and Bitcoin are up this morning. And the Dow Mini is up over 300 points prior to
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Americans appear to want divided government, and that could spell good news for growth stocks, CNBC’s Jim Cramer said Wednesday. “Finally, we can stop fretting about politics and start focusing on business and your money again, because a divided Congress and a blue White House … is nirvana for growth stocks,” the “Mad Money” host
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FT Reporters Millions of mail-in ballots and extraordinarily narrow margins in several battleground states mean the result of the 2020 presidential election remains in the balance. To further complicate the outcome, President Donald Trump’s legal team spent much of Wednesday peppering several states with lawsuits in an attempt to stop the counting of ballots where
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Villa Machiavelli in Tuscany, created at the behest of Cardinal Francesco Maria Machiavelli in the … [+] late 15th-century. Courtesy Villa Machiavelli Somewhere among Tuscany’s rolling hills, speckled with vineyards stretching beyond the horizon, nestles a piece of history. A prominent pink structure, said to be designed by the great Michelangelo himself, Villa Machiavelli was
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Democratic presidential nominee Joe Biden is displayed on a television monitor in the James S. Brady Press Briefing Room at the White House while speaking during a news conference Wednesday.Bloomberg News Democratic presidential candidate Joe Biden stood only one battleground state away from winning the White House Thursday morning with the outcome in four key
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Bloomberg Hanes Plummets as Champion Owner Announces a Business Review (Bloomberg) — Hanesbrands Inc. shares plunged as much as 16% after the company reported a review of its business and a slump in sales at a time when everyone’s wearing sweatpants.As consumers stay away from sporting events and college bookstores, the maker of Champion athletic
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Shares of Zygna were down 5% in pre-market trading on Nov. 5 as the mobile game developer reported a loss in the third quarter even as mobile gaming demand increased during the pandemic. Zynga’s (ZNGA) 3Q revenue surged 45.8% to $503 million driven by the company’s live services and stronger-than-anticipated performances from Words With Friends,
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