Month: September 2020

Dr. Anthony Fauci, director of the National Institute for Allergy and Infectious Diseases, testifies at the House Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C., July 31, 2020. Kevin Dietsch | Pool via Reuters White House coronavirus advisor Dr. Anthony Fauci said Wednesday that the number of daily coronavirus cases in the United
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Rolls-Royce makes some of the world’s most luxurious and expensive cars. Known for producing hand-crafted automobiles that promise a seamless “magical carpet ride” for its customers, Rolls-Royce’s cars do not come cheap. With virtually unlimited optional extras, upgrades, and customizations, the true cost of a bespoke Rolls-Royce has no limits. So what are some of
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Elon Musk, co-founder and chief executive officer of Tesla Motors. Yuriko Nakao | Bloomberg | Getty Images Baillie Gifford, Tesla’s largest outside shareholder, has reduced its position in the electric auto maker after the company’s rapid share appreciation made it an outsized influence on the firm’s holdings. A filing with the Securities and Exchange Commission
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Source: Robinhood Popular trading platform Robinhood is under investigation related to its disclosures around its practice of selling clients’ orders to high-frequency traders, the Wall Street Journal reported Wednesday. The Securities and Exchange Commission’s probe into the Silicon Valley start-up is at an advanced stage and could result in a fine of more than $10 million if
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Macy’s got a bigger-than-expected boost online during the latest quarter, even as its stores started to reopen during the coronavirus pandemic.  The department store operator’s digital sales surged 53% from a year earlier, as more shoppers visited its website to buy workout clothes and home decor. That helped it report a narrower loss and higher overall revenue
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President Donald Trump delivers his acceptance speech as the 2020 Republican presidential nominee on the South Lawn of the White House in Washington on Aug. 27. Kevin Lamarque | Reuters It’s the first official day of President Trump’s payroll tax holiday, and plenty of uncertainty is swirling around employers and their workers over how it
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The logo of Swiss banking giant Credit Suisse is seen on October 17, 2017 in Zurich. Fabrice Coffrini | AFP | Getty Images Swiss watchdog FINMA, the country’s financial market supervisory authority, said Wednesday it had initiated enforcement proceedings against Credit Suisse over the spying affair that came to light last year. “FINMA has opened
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Convalescent plasma from a recovered coronavirus disease (COVID-19) patient is seen at the Central Seattle Donor Center of Bloodworks Northwest during the outbreak in Seattle, Washington, April 17, 2020. Lindsey Wasson | Reuters A panel of experts convened by the National Institutes of Health said Tuesday there is “insufficient data” to show convalescent plasma works against
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paul mansfield photography | Moment | Getty Images It’s officially the last day to return that mandatory distribution out of your retirement account and trim your tax bill. The CARES Act, the coronavirus relief act that went into effect this spring, allowed retirement account holders to skip their required minimum distribution for this year. Those
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Peter Navarro, director of the National Trade Council, speaks to members of the media outside the White House in Washington, D.C., on Friday, Aug. 28, 2020. Stefani Reynolds | Sipa | Bloomberg | Getty Images A House oversight subcommittee has opened a probe of all federal contracts negotiated by White House trade advisor Peter Navarro after the
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