Day: October 5, 2024
China-linked security breach targeted U.S. wiretap systems, WSJ reports
People observe the scenery near Chinese national flags displayed for National Day celebrations on October 3, 2024 in Chongqing, China. National Day Golden Week is a holiday in China commemorates the founding of the People’s Republic of China in 1949. Cheng Xin | Getty Images U.S. broadband providers had their networks breached in a cyberattack […]
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Fed rate cuts should favor preferred stocks, Virtus money manager says
ETF Edge Fed rate cuts should favor preferred stocks, Virtus money manager says Published Sat, Oct 5 202411:00 AM EDT Krysta Escobar WATCH LIVE Source
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Nasrallah’s possible successor out of contact since Friday, Lebanese source says
A portrait of Hezbollah chief Hassan Nasrallah sits amid destruction in a area targeted overnight by Israeli airstrikes in Saksakiyeh on September 26, 2024. Mahmoud Zayyat | Afp | Getty Images The potential successor to slain Hezbollah leader Sayyed Hassan Nasrallah has been out of contact since Friday, a Lebanese security source said on Saturday, after an […]
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Trump to return to Pennsylvania site of his first assassination attempt, joined by Musk, Vance
Former President Donald Trump arrives for a campaign rally in Butler, Pennsylvania, on July 13, 2024. Evan Vucci | AP Former President Donald Trump is set to hold a Saturday rally in Butler, Pennsylvania, the site of his July 13 rally that erupted in chaos after a gunman opened fire in a failed attempt to […]
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Cheap stocks to buy in the fourth quarter, according to HSBC
It’s officially a new trading month, and HSBC recommends investors broaden their exposure in the fourth quarter by seeking out stocks with more reasonable valuations. September was another winning month for stocks, as the S & P 500 saw its fifth consecutive month in the green. On the final trading day of the month, the […]
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Amazon bets on selling cashierless technology to retailers after pulling it from most U.S. stores
In 2012, Amazon founder Jeff Bezos was asked by TV host Charlie Rose whether his e-commerce company would ever venture into brick-and-mortar stores. Bezos said shoppers were well-served by existing physical retailers and that Amazon wasn’t interested in launching a “me-too” product. “We want to do something that’s uniquely Amazon,” Bezos said. “If we can […]
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Keep buying these top stock picks in October, Morgan Stanley says
Morgan Stanley is pounding the table on several stocks as investors wait to see if October markets are tumultous or quiet. The investment bank says these top companies are well positioned for the long term. They include Lineage, Thermo Fisher Scientific , M & T Bank and Taiwan Semiconductor . Lineage Analyst Ronald Kamdem is […]
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How China’s stimulus could provide a boost to new CEOs at Nike and Starbucks down the line
If the economic stimulus plans in China prove successful in boosting consumer spending and economic growth, it could make life easier for two new CEOs in the United States who are trying to orchestrate their own turnarounds. Brian Niccol and Elliott Hill are taking over Starbucks and Nike , respectively, just as a key market […]
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Why WordPress founder Matt Mullenweg has gone ‘nuclear’ against tech investing giant Silver Lake
Automattic founder, Matt Mullenweg Source: Automattic Matt Mullenweg, who turned 40 in January, has now spent more than half his life working on WordPress. He’s never had such an insane two weeks. WordPress, best known as a leading content management system, has hundreds of millions of sites currently using its templates, tools and plugins. But […]
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A new Blue Origin: CEO Dave Limp is bringing urgency and ‘decisiveness’ to Jeff Bezos’ space company
Blue Origin CEO Dave Limp, left, and founder Jeff Bezos look up at a New Glenn rocket on at the company’s LC-36 facility in Florida. Blue Origin Dave Limp had only one question for Jeff Bezos when he interviewed last year to become CEO of Blue Origin, the billionaire’s space venture. “Jeff, is Blue Origin […]
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