Snap's gender-swap filter went viral. So did the stock

Snap's gender-swap filter went viral. So did the stock

It only took six months and a basket of disguises for Wall Street to love Snap Inc. again. Snap stock has seen a dramatic recovery over the past several months, with shares more than tripling off a record low in December to trade at their highest level in more …
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UPDATE 1-Fed-backed group outlines framework on SOFR-linked mortgages

(Recasts, adds graphic, quote from Fed’s Quarles). July 11 (Reuters) – A financial industry group backed by the Federal Reserve and other U.S. government agencies on Thursday released a proposal on how the mortgage industry would adopt a new …
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After Hours: Illumina Issues a Warning, Colgate-Palmolive Makes an Acquisition

The DNA sequencing specialist indicates its Q2 revenue won’t be as high as previously expected, while the consumer goods giant pushes deeper into the cosmetics segment. Eric Volkman. (TMFVolkman). Jul 11, 2019 at 9:39PM. Tonight is shaping up to be …
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Deutsche Bank CEO says he reprimanded executives for having $1800 suits fitted day of mass layoffs

Deutsche Bank CEO Christian Sewing says he reprimanded executives for having expensive custom suits tailored the day that mass layoffs hit the troubled bank’s offices in London, New York and Tokyo. Two tailors were photographed coming out of the …
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For Uber Riders, Guaranteed Comfort Comes at a Cost

Uber is letting passengers tell their driver in advance that they’d like a little less conversation, and more legroom, if those passengers are willing to pay. The ride-hailing giant launched “comfort” rides in dozens of cities Tuesday. Riders are guaranteed 36 …
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