Investors are going nuts for Snapchat — here's how Snap thinks it can turn a $500 million loss into profit

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Investors are going nuts for Snapchat — here's how Snap thinks it can turn a $500 million loss into profit

Investors are going crazy for Snapchat parent company Snap, and the stock is up more than 50% since its Thursday IPO, with a market cap of more than $30 billion.
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Clean water is good for business

On Tuesday, President Donald Trump signed an executive order relieving the Environmental Protection Agency from defending the Clean Water Rule of 2015, a rule created by executive order of former-President Barack Obama.
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Place Your Bet on Whether the SEC Approves a Bitcoin ETF

Bloomberg Intelligence's Eric Balchunas discusses the possibility of the Securities and Exchange Commission approving a bitcoin ETF. He speaks
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Accounting for VAT in Nigeria – cash or accrual basis?

The VATA contains provisions which appear to support both the cash and accrual basis of accounting for VAT. The accrual basis requires taxpayers to
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Turkey's Unlikely Step Into Sovereign Wealth Club: QuickTake Q&A

Turkey might not seem like a natural home for a new sovereign wealth fund. It doesn't boast a savings surplus, like Singapore and Japan do, and it
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