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Cathie Wood Expects Bitcoin To Reach $500,000
Wednesday, May 19, 2021 - 2:04pm | 440Read More...Cathie Wood, founder, chief investment officer and CEO of Ark Invest, appeared on "The Bloomberg Businessweek" Wednesday for an interview. Inflation Concerns: Wood told Bloomberg she thinks all assets are in a "risk-off period." The innovation sector of the...
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Bloomberg Speculates On Encroaching Aldi; But Don't Fret, Whole Foods Investors
Thursday, June 23, 2016 - 8:18am | 255Read More...As traders have responded to a recent 15 percent decline in shares of Whole Foods Market, Inc. (NASDAQ: WFM) on the heels of an FDA warning letter, some have been left scrambling for good info on the company. Investors have been passing around a Bloomberg Businessweek article Wednesday: "Whole...
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Is Facebook Jealous Of China's WeChat?
Thursday, June 9, 2016 - 9:56am | 331Read More...Facebook Inc (NASDAQ: FB)'s daily active user base dwarfs those of Twitter Inc (NYSE: TWTR) and Snapchat combined. As of the first quarter of 2016, Facebook boasts 1.65 billion users who log on to the platform at least once a month. With statistics like this, Facebook is clearly the king of social...
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The Dark Side Of A Generation's Frugality
Monday, November 3, 2014 - 6:17pm | 1004Read More...Say what you will about Gen Yers, young adults who have come of age at the turn of the century have a proclivity towards frugal spending. How is that possible for a generation that has been described as entitled and narcissistic, spenders of tens of thousands of dollars on education and...
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A Brewing Battle: Apple Pay Vs. MCX CurrentC
Monday, October 27, 2014 - 2:41pm | 669Read More...News broke over the weekend that Rite Aid Corporation (NYSE: RAD) and CVS Corporation (NYSE: CVS) had disabled Apple Inc.’s (NASDAQ: AAPL) Apple Pay mobile wallet payment system in their stores. The story behind the story told of a mobile payment battle involving Apple, a number of...
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The Top 10 Financial Tweets For Monday, August 19
Monday, August 19, 2013 - 1:19pm | 679Read More...There are millions of tweets written every day. Benzinga sifts through the maelstrom of information to find the ten best tweets of the day that are either informative, insightful or just down right comical. 1. Walt Mossberg The Wall Street Journal columnist, Walt Mossberg ( @waltmossberg ), tweeted...
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L. Brooks Patterson: Oakland County Is A 'Job Creating Juggernaut'
Monday, July 29, 2013 - 2:44pm | 995Read More...Oakland County is located just to the northwest of Wayne County, home of Detroit in Southeastern Michigan. As the city of Detroit goes through the largest city bankruptcy in U.S. history, Oakland County is flourishing, attracting more residents and adapting to the modern economy. Bloomberg...
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Tesla's Elon Musk to Reveal Hyperloop Plans By August 12, 2013 (TSLA)
Wednesday, July 17, 2013 - 2:32pm | 534Read More...The wait is almost over. CEO Elon Musk of Tesla Motors (NASDAQ: TSLA), doesn’t just want to revolutionize how people drive cars, but how people get from point A to point B. On Monday, Musk announced via Twitter that he will unveil plans for a new mode of transportation, called the Hyperloop...
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Euro Down Amid German Production Data Speculation
Monday, October 8, 2012 - 7:45am | 291Read More...After a last week's steady growth, the euro opened Monday morning at 1.2967. News from the European Central Bank meeting on Thursday gave the currency a much needed boost against the dollar. The currency rallied as investors seemed to believe that the worst was over in the regions financial crisis...
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Peet's Acquisition Heats Up the Coffee Battle
Thursday, July 26, 2012 - 7:54am | 571Read More...Monday's acquisition announcement of Peet's Coffee & Tea (NASDAQ: PEET) for $73.50 per share by privately-held German firm Joh. A. Benckiser presents yet another development in what Piper Jaffray calls the "Year of the Restaurant." Piper Jaffray's report, published following the Peet's news...
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Dish Network Seeks Cablevision's Help in Battle Against Comcast, News Corp. and CBS
Tuesday, June 5, 2012 - 10:21am | 361Read More...In an effort to fend off multiple lawsuits and prevent its new Hopper feature from being exterminated, Dish Network may enlist in the help of a competitor. Unofficially, of course. But if this Bloomberg Businessweek report is accurate, the satellite provider may be helped by a 2008 federal appeals...
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Are 4G iPad Users Paying for 3G Speeds?
Tuesday, March 27, 2012 - 9:33am | 285Read More...They say you get what you pay for. But if you're an iPad user in Australia, that may not be the case. Bloomberg Businessweek reports that Apple (NASDAQ: AAPL) is being accused of “misleading” Australian consumers. Businessweek quoted the following statement from the Australian Competition &...
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The Transformative IPO — Really?
Thursday, June 9, 2011 - 2:32pm | 406Read More...While listening to CNBC this morning on my Sirius XM radio I heard the CEO of Fusion-io (NYSE: FIO) discussing the IPO. After using the word transformative at least five times to describe his company, I wondered if this was just hyperbole. Of course, with Apple (NASDAQ: AAPL) co-founder Steve...
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Excellent Bloomberg Businessweek Piece On David Sokol Saga
Thursday, April 28, 2011 - 12:54pm | 186Read More...Bloomberg Businessweek just published an excellent piece on the rise and fall of David Sokol, who was harshly criticized by the Berkshire Hathaway (NYSE: BRK-B) audit committee yesterday for his trading in Lubrizol (NYSE: LZ) shares ahead of an eventual Berkshire acquisition. Although this story...
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Reports Indicate 74% Of Oil Gone From Gulf Waters (BP)
Wednesday, August 4, 2010 - 2:31pm | 200Read More...According to a Bloomberg Bussinessweek article, about 74% of the oil that leaked into the Gulf of Mexico from a damaged BP (NYSE: BP) well is no longer in the water. The figures come from a U.S. government report. The report, which was released by a team led by the Interior Department and National...
