Month: November 2019

Rolls of gift paper hang on display at a Nordstrom Local concept store in New York, Sept. 5, 2019. Demetrius Freeman | Bloomberg | Getty Images Shares of Nordstrom spiked more than 10% during extended trading Thursday after the company reported fiscal third-quarter earnings that beat analysts’ estimates, and narrowed its 2019 earnings forecast. Although
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Could the sun be setting on many commercial real estate jobs, as a result of technology disruption? Photo by Gary Hershorn/Getty Images Technology and automation have inexorably advanced over the last few decades. They have seemingly altered everything, say some observers, but commercial real estate. That is now rapidly changing. Dramatic tech disruption threatens the
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Karuna Therapeutics CEO Dr. Steve Paul told CNBC on Friday that the biotech firm is hopeful its new therapy for schizophrenia will prove effective for patients in a late-stage trial. “We have to get this compound through phase three to get it to patients,” Paul told “Power Lunch.” “We’re cautiously optimistic given the robustness of
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Abigail Disney, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, April 30, 2019. Patrick T. Fallon | Bloomberg | Getty Images Abigail Disney, the heiress to the world-renowned entertainment firm, has endorsed the proposed wealth tax from Democratic presidential candidate Sen. Elizabeth Warren, slamming the wealthy people that are
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ATLANTA, GEORGIA – NOVEMBER 20: Democratic presidential candidate Sen. Kamala Harris (D-CA) speaks … [+] during the Democratic Presidential Debate (Photo by Alex Wong/Getty Images) Getty Images Nearly all of the Democratic presidential hopefuls have proposed or supported plans to create a federal family leave program that would include those who are caring for frail
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Nick Gregory, a 26-year-old manager, vapes on a JUUL at Botany Bay in Lexington, Ky. Charles Bertram | Tribune News Service | Getty Images Tobacco executives, vaping industry representatives and public health leaders are scheduled to meet with President Donald Trump on Friday at the White House. Juul, the market leading e-cigarette manufacturer, will send
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Pure Storage CEO Charles Giancarlo. Ryan Anson | Bloomberg | Getty Images Pure Storage, a manufacturer of high-speed storage equipment for data centers, became the latest tech infrastructure provider to issue weak guidance, at least in part because of worsening macroeconomic conditions and the U.S.-China trade war. Pure Storage shares plunged 21% in Friday’s premarket,
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SOPA Images | LightRocket | Getty Images While streaming platform Disney+ is off to a strong start, Wall Street analysts are not shying away from Netflix’s stock. In the week following Disney+’s launch, Netflix app downloads grew 4% year-over-year, Nomura Instinet noted, showing that Disney+ is not having a negative impact on Netflix’s growth potential.
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