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5 things to know before the stock market opens Thursday
Business

5 things to know before the stock market opens Thursday

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street set to drop after a strong Fed-driven relief rally A screen displays the Fed rate announcement as a trader works inside a post on the floor of the New York Stock Exchange (NYSE) in New […]

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Larry Ellison, crypto exchange Binance back Elon Musk’s  billion bid to buy Twitter
World

Larry Ellison, crypto exchange Binance back Elon Musk’s $44 billion bid to buy Twitter

Oracle chairman of the board and chief technology officer Larry Ellison. Justin Sullivan | Getty Images A new filing shows that Oracle co-founder Larry Ellison, venture capital firm Sequoia and crypto exchange platform Binance are among a cohort of investors that plan to support Elon Musk’s $44 billion Twitter takeover. The SEC filing, published Thursday, […]

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These ETFs offer protection to investors worried about a recession, Citi says
World

These ETFs offer protection to investors worried about a recession, Citi says

Investors looking to ride out the uncertainty and cushion their portfolios may find a good defensive play in these minimal volatility funds, Citi says. Source

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Elon Musk will be the most indebted CEO in America if the Twitter deal goes through
Business

Elon Musk will be the most indebted CEO in America if the Twitter deal goes through

The world’s richest person could soon add another title to his name – America’s most leveraged CEO. Two-thirds of Elon Musk’s financing for the $44 billion deal to take Twitter private will have to come out of his own pocket. That pocket is deep. He has a net worth of about $250 billion. Yet because […]

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Warren Buffett’s charity lunch auction is back – and it’s your last chance to bid on a meal with the billionaire investor
World

Warren Buffett’s charity lunch auction is back – and it’s your last chance to bid on a meal with the billionaire investor

If you’re looking for an opportunity to break bread with Warren Buffett, this could be your last chance to bend his ear. The 91-year-old billionaire investor is raising money for charity by auctioning off a lunch with himself, reviving an annual tradition after a two-year hiatus due to the Covid-19 pandemic. And according to the […]

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These stocks look attractive in a beaten-down tech sector, analysts say
World

These stocks look attractive in a beaten-down tech sector, analysts say

The tide is turning for tech stocks, according to a number of analysts who reveal their top stock picks in the sector. Source

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These are the stocks to own if a recession hits, Citi says
World

These are the stocks to own if a recession hits, Citi says

Citi has named a raft of stocks it thinks will do well if a recession comes to town. Source

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Germany’s SAP joins western corporate exodus from Russia
World

Germany’s SAP joins western corporate exodus from Russia

Uwe Anspach | picture alliance | Getty Images Business software group SAP plans to exit Russia completely in response to Moscow’s invasion of Ukraine, although it said on Tuesday it might be possible for Russian users to run its software for years without support. SAP joined a long list of companies, including rival Oracle last month in […]

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Tech companies cautiously bring people back while contending with hesitant employees
Technology

Tech companies cautiously bring people back while contending with hesitant employees

Atsuko Bolinguit, with tech startup company Fast, works in the office at her desk on March 24, 2021 in San Francisco, California. Justin Sullivan | Getty Images Starting Monday, Google is bringing most employees back to assigned physical offices three days a week. The company has said since the beginning of the pandemic that it […]

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Pentagon expects to award up to  billion in cloud contracts in December
World

Pentagon expects to award up to $9 billion in cloud contracts in December

U.S. Defense Secretary Lloyd Austin speaks during a news conference in Tbilisi, Georgia October 18, 2021. Irakli Gedenidze | Reuters The U.S. Defense Department said Tuesday that it plans to award as much as $9 billion in contracts for cloud infrastructure services in December, about eight months later than it expected. The Joint Warfighter Cloud […]

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