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🍨 Daily Scoop: Bye Bye, Yahoo!
Hey Scoopers, The declining consumer confidence and political turmoil dragged the stock market down. Japanese got a new cannabidiol drink, and what’s left of Yahoo!’s business got liquidated piece by...Read More
Here are the most generous tippers in America
“Give as if you were taking,” Hisham Matar, the Pulitzer Prize-winning author of the memoir “The Return,” said his late father advised him. But not everyone follows that rule when...Read More
🍨 Daily Scoop: Thank you, Apple
Hey Scoopers, The stock market’s mood on Monday wasn’t too different from last week and wanted to fall. However, one company offset the overall macro fears and kept the market...Read More
The Wall Street Journal: Juul Labs under criminal probe
Federal prosecutors in California are conducting a criminal probe into e-cigarette maker Juul Labs Inc., according to people familiar with the matter, escalating law-enforcement scrutiny of the startup. The investigation...Read More
Deep Dive: These loss-averse investment managers help you cut risk by diversifying away from index funds
Kimball Brooker says he and his co-managers at the $50 billion First Eagle Global Fund use an insurance term to refer to their process of assessing companies for investment: underwriting....Read More
🍨 Daily Scoop: Last week’s lightning-round
Happy Monday Scoopers, The stock market wrapped last week in the red. However, the start of the week was far from the red zone. What happened in five days to...Read More
Billington profit up 42%, reports record order book
Billington Holdings PLC on Monday reported a significantly increased first-half pretax profit and said it had a record order book over the period. The London-listed structural steel and construction safety...Read More
XLMedia warns on revenue, earnings
XLMedia PLC warned Monday that it expects lower revenue and adjusted earnings for the full year, as the company reported a 22% fall in pretax profit in the first half...Read More
Market Extra: How the Fed’s funding struggles highlight the fragility of Wall Street confidence
When obscure corners of the financial markets that are typically considered mundane draw outsize attention on Wall Street, it is always cause for investor concern. That was the case last...Read More
Why Saudi Arabia’s output hit won’t lead to shocking prices at the gas pump
Global crude production has taken a serious hit following the weekend attack on Saudi oil facilities, leading to a spike in oil prices, but for gasoline — and U.S. drivers...Read More
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