Day: March 20, 2022
Goldman strategist names two sectors with ‘incredibly cheap’ stocks after Fed rate hike
A top Goldman Sachs strategist has named sectors that look “cheap” right now, including one which she says provides a “lovely hedge” to inflation. Source
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The Nasdaq is down more than 10% this year. Here are Wall Street’s top picks to buy the dip
As tech stocks endure a broad sell-off this year, Wall Street analysts name some of their top stocks to buy right now. Source
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Stock futures are steady after S&P 500’s best week since 2020
Steven Birdsall, chief revenue officer of Anaplan Inc., left, and Frank Calderoni, president and chief executive officer of Anaplan Inc., center, talk to a trader during the company’s initial public offering on the floor of the New York Stock Exchange in New York on Oct. 12, 2018. Michael Nagle | Bloomberg | Getty Images U.S. […]
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Biden administration rules Myanmar army committed genocide against Rohingya
A Rohingya family stands by their makeshift tent at a new IDP camp in Tankhali, Bangladesh. Nearly 400,000 Rohingya refugees have fled into Bangladesh since late August during the outbreak of violence in the Rakhine state as recent satellite images released by Amnesty International provided evidence that security forces were trying to push the minority […]
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Health experts predict uptick in U.S. Covid cases due to new BA.2 variant
Dr. Anthony Fauci, White House Chief Medical Advisor and Director of the NIAID, responds to questions from Sen. Rand Paul (R-KY) at a Senate Health, Education, Labor, and Pensions Committee hearing on Capitol Hill on January 11, 2022 in Washington, D.C. Getty Images U.S. health experts are warning an emerging, highly contagious Covid omicron variant, […]
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Shanghai Disney to close starting Monday amid Covid outbreak in China
Shanghai Disneyland reopened in early May. Hu Chengwei The Shanghai Disney Resort said on Sunday it will temporarily close until further notice starting Monday, citing the new coronavirus outbreak in China. “Due to the current pandemic situation, Shanghai Disney Resort, including Shanghai Disneyland, Disneytown and Wishing Star Park will be temporarily closed from Monday, March […]
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Oligarch Roman Abramovich’s $50 million Colorado mansion could become a sanctions target
A Rocky Mountain mansion owned by Russian oligarch Roman Abramovich would likely be among the first assets frozen by the U.S. government if he is sanctioned by the White House in response to the war in Ukraine, according to attorneys and real-estate executives. Among Abramovich’s many global real-estate trophies is a 14,000-square-foot modern mega-home on […]
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Big food automation is making its way to Main Street’s menu
The Tally 3.0 autonomous mobile robot scans inventory in a grocery store. Simbe Robotics Automation and robotics are typically associated with multi-million budgets at multi-billion dollar companies. But as the cost of technology has come down, it’s become more affordable to smaller companies — even small businesses. Outside of Atlanta in Jonesboro, Georgia, THAT […]
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‘Extremely awkward’: Bob Chapek and Bob Iger had a falling out, they rarely talk — and the rift looms over Disney’s future
Bob Iger, left, and Bob Chapek of Disney Charley Gallay | Getty Images; Patrick T. Fallon | Bloomberg | Getty Images April 12, 2020. That’s the day former Disney CEO Bob Iger’s relationship with his handpicked successor, current Disney CEO Bob Chapek, began to fall apart. Iger had stunned the world in February of that […]
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Wendy’s prepares to overtake Burger King in breakfast, two years after its nationwide launch
The Breakfast Baconator and Seasoned Potatoes are part of the breakfast menu at Wendy’s restaurants on March 2, 2020 in New York City. David Dee Delgado | Getty Images Two years ago, Wendy’s launched its breakfast menu nationwide, finally crossing the finish line for a goal it tried and failed at for nearly four decades. […]
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