INVESTING
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Costco sales jumped by more than $1.5 billion as coronavirus spread in March
Costco Wholesale Corp. late Wednesday said that its March net sales rose nearly 12%, including a 48% jump in online…
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Ontario’s pot shops to reopen with delivery, click-and-collect options
Ontario’s licensed pot shops are set to reopen following an emergency order approved by the provincial cabinet on Tuesday, but…
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Airlines to tap wage subsidy program to rehire workers who have been laid off amid COVID-19
Air Canada and Flair Airlines will tap a government wage subsidy program to rehire workers laid off after most global…
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Carnival Cruise Lines Seeks to Borrow $3 Billion, Raise $3 Billion More
(Bloomberg) — Cruise line operator Carnival Corp. is turning to all corners of the capital markets to raise at least…
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Europe Feels Jobs Shockwave With Shutdown Damage Spreading
(Bloomberg) — Job losses are mounting across Europe, intensifying pressure on governments to protect their labor markets from the backlash…
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Stock Market Has Entered a 25-35year Crisis Cycle Re-evaluation Event
We can only imagine what many of you are thinking and feeling right now. Shock? Concern? Despair? Some of you…
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Wall Street’s Top Crypto Bets Outpermed the S&P 500 During Market Crash
Wall Street’s top companies betting on cryptocurrency to succeed vastly outperformed the general S&P 500 during March’s market crash. According…
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Ford to keep Europe manufacturing ops offline at least until May 4
(Reuters) – Ford Motor Co on Friday extended the temporary suspension of vehicle and engine production at most of its…
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Samsung Electronics shuts U.S. factory after two coronavirus cases
SEOUL (Reuters) – Samsung Electronics <005930.KS> said on Friday that it has suspended its home appliance factory in the United…
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Zoom CEO apologizes for having ‘fallen short’ on privacy and security
San Francisco (CNN Business)The founder and CEO of Zoom has apologized to the video conferencing app’s millions of users after…
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