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David Herro was the world's best international stock-picker for a decade straight. He breaks down 8 stocks he bet on after the coronavirus decimated markets - and 3 he sold

David Herro was the world's best international stock-picker for a decade straight. He breaks down 8 stocks he bet on after the coronavirus decimated markets - and 3 he sold

14 minutes ago   |   Business Insider

David Herro's Oakmark funds have brought in huge returns over the past 30 years, and Morningstar named him international fund manger of the decade in 2010. Herro told Business...
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Morning News: May 28, 2020

20 minutes ago   |   Crossing Wall Street   |   11 articles

Will the U.S. Soon Treat Hong Kong Like China? Much Is at Stake. Trump-China Feud Is Increasing Risks for Markets and Economy Should We Fear Post-Pandemic Inflation? Big...
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Part Two: Roundtable Of Industry Pros Discussing Cannabis Landscape

22 minutes ago   |   Forbes

In the initial installment of this roundtable, six cannabis leaders shared their provocative insights on the pandemic's effects on their industry. In this second part, those...
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Home trading triggers bank 'black hole' surveillance alerts

46 minutes ago   |   Reuters

Potential breaches of market rules have spiked since traders began working from home in March, drawing scrutiny from regulators and piling pressure on banks to plug "black...
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Google and Microsoft reportedly considering stakes in Indian telecom firms after Facebook deal

54 minutes ago   |   Tech Crunch   |   2 articles

Weeks after Facebook acquired a 9.9% stake in India's Reliance Jio Platforms , two more American firms are reportedly interested in the Indian telecom market. Google is...
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Providing card services to fintech companies around the world gives Marqeta a $4.3 billion valuation

Providing card services to fintech companies around the world gives Marqeta a $4.3 billion valuation

54 minutes ago   |   Tech Crunch

This could have been Marqeta's year to list as a public company on a major American stock exchange. The company, while still unprofitable, is a darling of the financial...
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Many more likely sought US jobless aid even as layoffs slow

1 hour ago   |   Chron   |   3 articles

WASHINGTON - The U.S. government is set to sketch its latest picture Thursday of the layoffs that have left tens of millions of people unemployed but have slowed as states...
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EasyJet stock surges 7% as it slashes up to 4,500 jobs over COVID-19, and warns demand won't fully return until 2023

EasyJet stock surges 7% as it slashes up to 4,500 jobs over COVID-19, and warns demand won't fully return until 2023

1 hour ago   |   Business Insider   |   2 articles

EasyJet shares surged as much as 7.5% on Thursday as the company announced 4,500 job cuts due to COVID-19. The budget airline plans to restart flying on 15 June but only...
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EQT acquires freemium graphics and stock photo marketplace, Freepik

1 hour ago   |   Tech Crunch

Freepik , a Malaga-Spain based website which offers a curated freemium marketplace of vector graphics and stock photos fed by a community of contributing designers and...
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Unemployment Numbers: Live Updates

2 hours ago   |   NY Times   |   2 articles

The latest on stock market and business news during the coronavirus outbreak.
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Nissan workers in Barcelona stage massive protest over factory closure plans

Nissan workers in Barcelona stage massive protest over factory closure plans

Thousands of people have marched in Barcelona to protest Japanese auto giant Nissan's decision to close its factory in the region which will result in the loss of up to 3,000... Read more ...

It looks like Trump's draft executive order targeting Facebook and Twitter...

It looks like Trump's draft executive order targeting Facebook and Twitter got leaked online

It looks like the executive order threatened by President Trump against social media companies has leaked. Law professor Kate Klonick published what she claimed was a draft of... Read more ...

Venezuela hopes to have gold frozen by Britain returned in order to buy food...

Venezuela hopes to have gold frozen by Britain returned in order to buy food and medical supplies amid Covid-19 pandemic

Venezuela has reached a deal with the United Nations to use its gold - frozen by the Bank of England - to fund necessary food and medical purchases during the Covid-19... Read more ...

EasyJet stock surges 7% as it slashes up to 4,500 jobs over COVID-19, and...

EasyJet stock surges 7% as it slashes up to 4,500 jobs over COVID-19, and warns demand won't fully return until 2023

EasyJet shares surged as much as 7.5% on Thursday as the company announced 4,500 job cuts due to COVID-19. The budget airline plans to restart flying on 15 June but only... Read more ...

China passes landmark legislation to force national security laws in Hong...

China passes landmark legislation to force national security laws in Hong Kong, effectively crushing the city's autonomy

China passed new national security legislation for Hong Kong on Thursday in a major blow to the city's autonomy. The proposal was voted on by the annual and largely... Read more ...

Billionaire investor Carl Icahn dumped all of his Hertz shares at an almost...

Billionaire investor Carl Icahn dumped all of his Hertz shares at an almost $2 billion loss after the car-rental giant's bankruptcy

Carl Icahn dumped his 39% stake in Hertz at a loss of nearly $2 billion on Tuesday. The billionaire investor sold his 55.3 million shares for less than $40 million after the... Read more ...

German economy may shrink by over 9% this year due to coronavirus crisis

German economy may shrink by over 9% this year due to coronavirus crisis

Europe's biggest economy, Germany, may decline by 9.3 percent in 2020, according to the worst-case scenario outlined by one of the country's largest economic think tanks, the... Read more ...

10 things in tech you need to know today

10 things in tech you need to know today

Good morning! This is the tech news you need to know this Thursday. Trump will sign an executive order 'pertaining to social media' on Thursday, shortly after he accused... Read more ...

A new poll shows one in 5 people would refuse a COVID-19 vaccine as...

A new poll shows one in 5 people would refuse a COVID-19 vaccine as companies race to create one

A new AP-NORC poll published Wednesday revealed about one in five people would refuse a coronavirus vaccine, and only about half of Americans would get the vaccination, as... Read more ...

Twitter fact-checks Trump; he threatens new regs or shutdown

Twitter fact-checks Trump; he threatens new regs or shutdown

WASHINGTON - President Donald Trump, the historically prolific tweeter of political barbs and blasts, threatened social media companies with new regulation or even shuttering... Read more ...