IBM's stock surges after plan to spin off managed infrastructure services unit

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IBM's stock surges after plan to spin off managed infrastructure services unit

The separation is expected to be completed through a tax-free spinoff to IBM shareholders by the end of 2021. The move is part of IBM’s plan to accelerate its hybrid cloud growth strategy. “Now is the right time to create two market-leading companies focused on …
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'Bloomberg Daybreak: Australia' Full Show (10/08/2020)

'Bloomberg Daybreak: Australia' Full Show (10/08/2020). Bloomberg Daybreak: Australia · TV Shows. October 7th, 2020, 6:25 PM PDT.
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Debate Civility Won't Survive Trump's Return

Ardern bumps elbows with a supporter. Photographer: Sara Orme for Bloomberg Businessweek. — With assistance by Karl Maier. SHARE THIS
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The pandemic killed 107000 oil and gas jobs. Most aren't coming back anytime soon

New York (CNN Business) The oil and gas industry is laying off workers at an unprecedented pace to cope with a pandemic that crashed energy prices and raised doubts about the future of fossil fuels. A staggering 107,000 jobs vanished from the US oil, gas …
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Don't take money out of your Roth IRA until five years after your first contribution

A Roth IRA is a retirement account that comes with powerful tax breaks. Roths are a great option for seniors because while you invest with after-tax dollars, any money you withdraw as a retiree is tax-free. You won’t pay taxes on investment gains, and …
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