LONDON (Reuters) – Britain’s LV= said on Monday its chairman Alan Cook would step down after members of the mutual life insurer voted in December to reject a takeover approach by private equity giant Bain Capital. Cook will be replaced in April by Seamus Creedon as part of a wider board reshuffle, the company said. LV= is currently in discussions […]
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(Reuters) – The coronavirus pandemic reached a grim new milestone in the United States on Friday with the nation’s cumulative death toll from COVID-19 surpassing 900,000, even as the daily number of lives lost has begun to level off, according to data collected by Reuters.FILE PHOTO: ICU doctor Jamie Spiegelman speaks to a coronavirus disease (COVID-19) patient before intubation as […]
Read moreFacebook desperate to find relevance with the Metaverse: Ross Gerber Gerber Kawasaki CEO Ross Gerber and CNET managing editor Russell Holly discuss Big Tech earnings expectations on ‘The Claman Countdown.’ A new exchange-traded fund is investing in all things having to do with the metaverse, with one glaring exception: Mark Zuckerberg’s "Meta." The "Subversive Metaverse ETF," from Subversive Capital Advisor, […]
Read moreInvestors got ‘complacent’ owning Big Tech stocks: Market expert Penn Capital CIO Eric Green discusses volatility in the market. U.S. stocks tumbled following the stronger-than-expected monthly jobs report. as bond yields moved higher on the view the data strengthens the case for more aggressive tightening from the Federal Reserve. Ticker Security Last Change Change % I:DJI DOW JONES AVERAGES 35071.97 […]
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WASHINGTON (Reuters) – Former President Donald Trump received bad advice from “snake oil salesmen” who falsely told him Vice President Mike Pence had the authority to overturn the results of the 2020 presidential election, Pence’s former chief of staff Marc Short said.Slideshow ( 2 images )“Unfortunately, the president had many bad advisers who were basically snake oil salesman giving him […]
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On January 31, the Economic Survey said India’s economy is expected to grow by 8-8.5% in the fiscal beginning April 1 Sensex surged over 600 points and Nifty advanced 159 points in opening trade on February 1, ahead of the Union Budget 2022-23 presentation in Parliament. The 30-share Sensex was trading 603.39 points or 1.04% higher at 58,617.56, and the […]
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Wednesday’s big earnings shocker came after the closing bell, when Meta Platforms missed earnings estimates and offered weak guidance. Analysts reacted quickly to the report, and while most have maintained upbeat ratings, price targets have been lowered across the board. After markets close Thursday, four firms will report quarterly results: Activision Blizzard, Amazon, Ford and Snap. There are no notable […]
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The January employment report came in stronger than expected, which suggests that the Federal Reserve will be more likely to raise interest rates in the coming months. Markets took a dip early Friday, as equities and interest rates tend to have an inverse relationship. However, the markets turned positive again, at least for the time being. 24/7 Wall St. is […]
Read moreNEW YORK (Reuters) – Bring on the broccoli. New York City’s public schools have started serving vegan meals once a week on Fridays, as part of an initiative by the city’s Department of Education to introduce healthier food choices. Items on the menu on the first day of the new food plan included vegan tacos, seasoned broccoli, and black bean […]
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