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Silicon Valley is famously liberal. Then, investors and employees started clashing over race. SAN FRANCISCO — The day after President Trump told the Proud Boys, a far-right group with a history of inciting violence, to "stand back and stand by," during the first presidential debate last week, tech investor Cyan Banister tweeted that the group had "a ...
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EXPLAINER-Central banks eye digital cash to fend off crypto threat FRANKFURT/LONDON, Oct 9 (Reuters) - The world's largest central banks -- and even some of the smaller ones -- are toying with the idea of issuing digital currencies. These would allow holders to make payments via the internet and possibly even offline, ...
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Exclusive: HSBC targets net zero emissions by 2050, earmarks $1 trln green financing LONDON (Reuters) - HSBC HSBA.L will target net zero carbon emissions across its entire customer base by 2050 at the latest, and provide between $750 billion and $1 trillion in financing to help clients make the transition, Chief Executive Noel Quinn told ...
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Small-Business Loans Will be Forgiven, but Don't Ask How When the federal government began the Paycheck Protection Program in April, one rule was clear to small-business owners bedeviled by its chaotic and messy start: If most of the loan money was used to pay employees, the debt would be forgiven. But as the ...
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DealBook: Morgan Stanley's Makeover Good morning. (Was this email forwarded to you? Sign up here.) Morgan Stanley bets big on boring. Morgan Stanley announced yesterday that it plans to buy Eaton Vance, the investment and wealth management firm, in a $7 billion deal. Coupled with the ...
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Investors' bets on a Democratic sweep grow after Biden debate performance NEW YORK (Reuters) - The debate between Democratic presidential candidate Joe Biden and President Donald Trump, marred by frequent interruptions and name-calling, did little to enlighten the electorate. But it was enough to turn the consensus on Wall ...
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Stock Market Rally Drivers: Merger And Acquisition Activity, Stimulus Hopes, Higher Yields Key Takeaways: Volatility ebbing after spike earlier in the week; Aid for struggling airlines a top focus in ongoing stimulus talks; AMD reportedly in talks to buy rival chipmaker Xilinx XLNX +0.2%. An election with far-reaching policy implications—one way or ...
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Stocks notch best week since July even as stimulus progress stalls U.S. stocks rose Friday as investors remained optimistic over prospects for another round of fiscal stimulus from Congress eventually, with major benchmarks posting their best week since the summer. What did major benchmarks do? Advertisement. The Dow ...
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IBM: Can It Get Its Groove Back? On Thursday, IBM's stock spiked by nearly 6% to $131. The reason for this move was a major announcement: the spin off its managed infrastructure division. The details were a bit sketchy, though. Keep in mind that the unit does not have a name yet and the ...
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Amazon Announces Over 150 Upcoming Amazon Prime Day Deals In an early morning press release today, Amazon announced a slew of upcoming Prime Day deals and discounts. While we've been tracking all the Prime Day deals we know about and the best early Prime Day deals as they go on sale, this list of upcoming ...
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