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Former Wells Fargo Execs Accused of Fraud: Live Updates Federal regulators raised fresh claims against two former top Wells Fargo executives for their role in the bank's misdeeds, accusing them of misleading investors about financial results in the unit that caters to individual customers. The Securities and Exchange ...
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Stock market live updates: Dow up 350, cyclical rally returns, Disney rises on earnings The Dow traded more than 250 points higher, or nearly 1%, as it heads for strong weekly gains amid a sharp rotation out of growth stocks and into value names. The S&P 500 and Nasdaq also rose 0.9% and 0.6%, respectively. —Fred Imbert. 4 Hours Ago ...
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DoorDash releases filing to go public, reports $149 million in losses on revenue of $1.9 billion through September DoorDash, the leading food delivery app in the U.S., filed its IPO prospectus with the Securities and Exchange Commission. DoorDash reported $1.9 billion in revenue for the nine months ended Sept. 30 and a net loss of $149 million. Its last private valuation ...
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Does Value investing still work? This investment manager isn't sure. Now that the presidential election has been decided, let's take a look at some numbers that don't involve political philosophies. Rather, they involve investment philosophies — Value and Growth. Follow the latest on Election 2020. As a bonus, I'll give you an ...
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Jim Cramer's week ahead: 'Next week will be pivotal' "If you're more worried about the virus than encouraged by the vaccine, next week will be pivotal for you," CNBC's Jim Cramer said. The "Mad Money" host said: "We hear from some major national retailers and I think they'll have a surprisingly positive story to ...
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TikTok gets short extension before it must be sold TikTok's Chinese parent company has been given until Nov. 27 to divest itself of the video streaming app's operations in the United States, according to a court filing made Friday. According to the filing, the extension was granted by the Committee on Foreign ...
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Solar CEO is relieved the next president isn't a climate denier New York (CNN Business) America's climate policy is about to undergo another radical reversal. For the past four years, President Donald Trump propped up fossil fuels, called climate change a "hoax" and falsely claimed wind power causes cancer.
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Black Friday 2020: Everything We Know About The Best Sales & Deals So Far Thanksgiving is less than two weeks away, which means the biggest shopping weekend of the year—Black Friday to Cyber Monday—is right around the corner. And if your holiday shopping list hasn't yet entered your consciousness, now might be a good time ...
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Biden's Transition Teams Suggest Tougher Wall Street Oversight WASHINGTON — For four years, Wall Street has benefited from the Trump administration's push to loosen bank rules and weaken post-crisis financial regulations. President-elect Joseph R. Biden Jr. appears ready to shift things in the opposite direction, ...
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Don't expect a coronavirus vaccine before December, experts caution (CNN) Pfizer released surprisingly positive data about its experimental coronavirus vaccine this week and may hope to apply for regulatory approval by the end of the month, but it will take several weeks more to get a vaccine through the approval process, ...
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