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Facebook Shares Fall as More Advertisers Join Boycott: Live Updates This week: How banks will spend their capital, Mnuchin-Powell on the Hill and a twofer jobs day on Thursday. Here's what you need to know: How costly is the Facebook advertising boycott? The Fed includes Apple, AT&T and others in its corporate bond ...
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Chesapeake Energy to Start Tapping $925 Million Bankruptcy Loan Chesapeake Energy Corp. has been cleared to begin drawing on a $925 million bankruptcy loan, a crucial first step in the oil-and-gas producer's plan to eliminate billions of dollars of debt from its balance sheet in chapter 11. The loan is designed to cover ...
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Safe-haven currencies soften as signs of recovery fan risk appetite TOKYO (Reuters) - Safe-haven currencies were on the backfoot on Tuesday as hopes of an economic turnaround boosted riskier assets like the Aussie and yuan, although worries about a blowout in British public spending kept the pound under pressure.
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All the Companies Quitting Facebook Want this delivered to your inbox each day? Sign up here. This is getting serious. A boycott of advertisers on social media is gaining momentum, and Facebook is the primary target. Marketers are expressing unease with how it handles misinformation and ...
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US Stock Futures Tick Up to Start the Week U.S. stock futures climbed on Monday, as investors weighed the rise in coronavirus infections with the likelihood of future lockdowns and the continuation of easy monetary policy. Futures tied to the Dow Jones Industrial Average gained 0.8%. The gauge of ...
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Stock market live updates: Dow up 300, Boeing driving gains, record pending home sales spike This is a live blog. Please check back for updates. 10:10 am: Most fund managers see next 20% stock market move as lower- survey. Citigroup's quarterly fund managers survey shows about 70% believe the next 20% move in stocks will be lower, not higher.
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The Fed is buying some of the biggest companies' bonds, raising questions over why The Federal Reserve is continuing to buy corporate bonds, following up on a pledge it made in March. Corporate America titans such as Microsoft, Apple and Home Depot have been among the beneficiaries. Questions have been raised over "moral hazard" ...
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Here's how much Covid-19 drug remdesivir will cost Gilead Sciences, the company that makes the Covid-19 drug remdesivir, announced in an open letter on Monday morning that it has decided to set a price of $390 per vial for the US government, which would include Veterans Affairs and Department of ...
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Oil Giant Files For Bankruptcy While Its Executives Receive $25 Million Dollars Chesapeake Energy, one of the nation's largest and most successful oil and gas producers, suddenly found itself saddled with too much debt and fierce competition from Saudi Arabian and Russian producers, causing dramatic declines in oil prices.
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The Hydrogen Revolution And Natural Gas: In Tandem For A Greener Future In 1977, Jack O'Leary, deputy secretary of the newly-minted Department of Energy, called reporters to a press conference at the Old Post Office building in Washington — now the Trump International Hotel — and laid out a dismal energy future. Richard Myers ...
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