Month: November 2020

Spencer Rascoff, cofounder of Zillow Group Inc. © 2016 Bloomberg Finance LP Spencer Rascoff, former CEO of the real estate search site Zillow Z , has bought another Brentwood Park property minutes away from the one he purchased for $20 million a few years ago. This latest acquisition is a more modest three-bedroom, 3.5-bath home
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People sit as Macys shopping bags are placed on a table at Herald Square as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 20, 2020 in New York City. The fourth phase allows outdoor arts and entertainment, sporting events without fans and media production. Alexi
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Liberty Media’s John Malone Michael Kovac | Getty Images Liberty Media Chairman John Malone said hard assets look attractive as the unprecedented coronavirus stimulus is poised to lead to a depreciation in currencies. “We’ve survived this [pandemic] because of enormous fiscal and monetary stimulus,” Malone said in an interview that aired Thursday with CNBC’s David Faber. “And
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SINGAPORE — The Covid-19 pandemic has changed the way companies deploy their employees and how they organize their supply chains — and that could create opportunities for Southeast Asia, says Singapore’s trade and industry minister. As the pandemic hit, workers have moved to work remotely from home, and several companies have announced policies to allow
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Sonos celebrates its IPO at the Nasdaq, August 2, 2018. Source: Nasdaq Shares of speaker maker Sonos rose as much as 23% in extended trading on Wednesday after the company reported fiscal fourth-quarter earnings and fiscal-year revenue guidance that beat expectations. Here’s how the company did: Earnings: 33 cents, excluding certain items, vs. 0 cents
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According to Jamie Dimon, chairman and CEO of JPMorgan Chase, the most successful leaders have certain key traits. “[H]umility, openness, fairness [and] being authentic” are most important – “not [being] the smartest person in the room or the hardest working person in the room,” Dimon, who runs the nation’s largest bank and oversees more than
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getty Readers, I have been remiss. I have been watching reports of major pension funds overseas divesting from fossil fuel corporations, and have been placing the topic on my to-do list, intending to share this development with readers “someday.” Last year in Norway, for instance, the $1.6 trillion Government Pension Fund Global will divest from
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A shopper visits a Lowe’s hardware store in Philadelphia, Pennsylvania, November 4, 2020. Mark Makela | Reuters Lowe’s shares fell Wednesday after the home improvement retailer reported third-quarter earnings and a profit outlook slightly short of estimates, weighed down by higher labor costs and investments in its e-commerce business. Its same-store sales surged more than
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