Losses in U.S. stocks accelerated, with the S&P 500 headed for the worst week of the year, as a deadline approached for America and China to raise reciprocal tariffs. The yen climbed with Treasuries as investors sought havens, while the yuan fell to its …
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New York (CNN Business) Stamps.com broke up with the Post Office. Obviously, that’s going to sting when you have “stamps” in the name of your company. But the damage is going to be worse than Stamps.com expected. The company’s stock plunged about …
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SoftBank is launching a second $100 billion tech fund: Vision Fund II, the company’s chief said Thursday. “This is the first time that they’re officially announcing that we would like to start preparing for the establishment of the SoftBank Vision Fund II,” SoftBank …
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This afternoon, Jeff Bezos’ spaceflight venture Blue Origin is set to make a big announcement about… something. The company hasn’t provided any details yet, but speculation is high that the announcement will be related to Blue Origin’s plans to explore the …
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New York (CNN Business) The Dow’s losses are deepening as the latest back-and-forth in the US-China trade weighed on global markets. US stocks were lower across the board Thursday. The Dow (INDU) was down more than 400 points an hour into the …
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