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Stewart Butterfield speaks on November 08, 2019 in San Francisco, California. Phillip Faraone | Getty Images Shares of Slack continued to drop double digits Friday, as investors remained disappointed that the company reported steady revenue growth rather than blowout numbers. Earnings also showed that Slack doesn’t have the massive revenue growth that Zoom does. The
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Kevin O’Leary, investor on ABC’s “Shark Tank,” isn’t one to shy away from offering business advice – from small business owners to anyone trying to save extra money or in need of career guidance. And on the debut of his CNBC web series “Money Dispute,” O’Leary helped a woman named Denise who was arguing with her family over an inheritance dispute.  “There’s
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Billionaire businessman Barry Diller joined CNBC’s “Squawk Box” on Friday.  Diller, chairman of Expedia Group and digital media group IAC, told Squawk Box in April that the U.S. government needed to bail out every company hit hard by the coronavirus pandemic and “we’ll worry about paying the bills later.”  Expedia Group’s brands include Expedia, Hotels.com, and Trivago, while IAC’s brands include
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Business owners who received a forgivable loan through the Paycheck Protection Program are likely getting more leeway on how to spend those funds.   The Senate passed legislation Wednesday night that restructures how entrepreneurs can use loans issued through a new federal relief program for small businesses ailing from the economic contagion unleashed by the coronavirus
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Carlina Teteris This summer, it may become more difficult for investors to determine whether a financial advisor indeed has their best interests at heart. Starting June 30, financial advisors who are affiliated with broker-dealers legally will be required to place clients’ interests first when they give financial advice. This rule, which was handed down by the
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CNBC’s Jim Cramer on Thursday warned young investors about the potential pitfalls of daytrading in speculative stocks, especially the really cheap ones. “It’s a little disheartening to see all the $1 to $3 stocks that people are gunning,” Cramer said on “Squawk on the Street.” ”If you want to try and make money and it’s legal,
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British inventor and billionaire Sir James Dyson scrapped plans to mass-produce an electric SUV in October after deciding it would not be “commercially viable,” ending a bid to join a list of rivals to Tesla that already includes startups like Rivian and Byton. Now, Dyson — who is best known as the founder of the eponymous brand
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Matthew Mitchell, center, talks with customers as Sierra Phillips adjusts a denim display at the American Eagle/Aerie store at Easton Town Center in Columbus, Ohio on May 15, 2020. Andrew Spear | The Washington Post | Getty Images American Eagle Outfitters posted a steeper-than-expected loss on Wednesday, as sales and store traffic plummeted following coronavirus-led
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Networking has become a whole lot tougher under the coronavirus pandemic. At a time when many people need to build their professional contacts to scope out new job opportunities, in-person networking events have become all but impossible. Not all is lost, however. According to LinkedIn’s co-founder Reid Hoffman, now is the perfect time to try out
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► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Why do huge external imbalances herald disaster? Martin Wolf, the FT’s chief economics commentator, explains what happens when some countries spend much less than their incomes and so run big current account surpluses, while others do the opposite. ► FT Comment: http://bit.ly/1ImtZ8r ► FT World News:
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Fake videos and audio keep getting better, faster and easier to make, increasing the mind-blowing technology’s potential for harm if put in the wrong hands. Bloomberg QuickTake explains how good deep fakes have gotten in the last few months, and what’s being done to counter them. Video by Henry Baker, Christian Capestany
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