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Abraham Lincoln statue in front of the Illinois State Capital Building in Springfield, Illinois getty Longtime readers with particularly good memories may recall my first actuary-splainer: “Why Public Pension Pre-Funding Matters.” Knowing that many public pensions have had a long legacy of unfunding, and that the elected officials in charge of those plans have been
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Bristol-Myers Squibb CEO Giovanni Caforio told CNBC’s Jim Cramer on Monday why the pharmaceutical company paid a premium for heart drugs company MyoKardia. Bristol Myers announced earlier that day it would dish out $13 billion for MyoKardia, whose stock surged double digits during the session to close short almost five points from Bristol Myers’ $225 offer price.
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Crowdcube co-founder and CEO Darren Westlake. Crowdcube LONDON — British start-up investing platforms Crowdcube and Seedrs are set to merge in an industry-shaking deal that will create a £140 million ($181.4 million) equity crowdfunding powerhouse. Crowdcube and Seedrs, founded in the wake of the 2008 financial crisis, shook up the capital markets by allowing the
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CNBC’s Jim Cramer said Monday he thinks the stalemate in coronavirus stimulus discussions could be close to breaking, potentially giving a boost to stocks. “Talks this morning could be fruitful, and I think that therefore I wouldn’t bet against this market right now,” Cramer said on “Squawk on the Street.” House Speaker Nancy Pelosi, D-Calif.,
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Mark Cuban, entrepreneur and investor on ABC’s “Shark Tank,” has invested in hundreds of successful companies to date. In the 1990s, Cuban founded and sold several start-ups that helped him reach billionaire status. And in 2000, he paid $285 million for a majority stake in the Dallas Mavericks. (Under his ownership, the team won an NBA championship in 2011 and is now valued at an estimated $2.3 billion,
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A technician prepares a flow cell slide for loading onto a genetic sequencing machine at a Regeneron Pharmaceuticals laboratory at the biotechnology company’s headquarters in Tarrytown, New York Mike Segar | Reuters Check out the companies making headlines in midday trading.  Regeneron — Shares of the biotech company rose 5.9% after President Donald Trump used
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Melissa Bradley founded 1863 Ventures to help women and people of color jump start their businesses. Source: Melissa Bradley Melissa Bradley’s mission to help women and people of color build their businesses stems from the hardships she faced as a young entrepreneur. The 52-year-old, co-founder of the mentorship tech platform Ureeka and a Georgetown University
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WASHINGTON, DC – SEPTEMBER 30: U.S. President Donald Trump speaks to reporters on his way to Marine … [+] One on the South Lawn of the White House on September 30, 2020 in Washington, DC. President Trump is traveling to Minnesota for a fundraising event and a campaign rally. (Photo by Drew Angerer/Getty Images) Getty
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The pandemic has changed the world and the world of aging particularly. As elders are at significantly higher risk than others for serious illness and death from Covid-19, more precautions have been in place from the beginning. Where immediate steps for extra preventive measures were not in place, deaths rapidly increased. Even with awareness, the
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Exemplifying the building boom of new residential properties in South Harlem is 300 West, a … [+] 15-story, attainably-priced luxury condominium. Asthetique Extending from Morningstar Park to Fifth Avenue, and from Central Park North to West 125th St., New York City’s South Harlem continues experiencing a major transformation. Across the enclave a blossoming of upscale
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