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CNBC’s Jim Cramer on Wednesday blasted Bed Bath & Beyond‘s decision to announce disappointing same-store sales figures well ahead of its fourth-quarter earnings release. However, Cramer said investors could use the subsequent stock plunge as a buying opportunity. “I would buy it,” he added. Bed Bath & Beyond shares sank about 25% on Wednesday after
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Riyad Mahrez of Manchester City in action during the Premier League match between Manchester City and Huddersfield Town at Etihad Stadium on August 19, 2018 in Manchester, United Kingdom. Michael Regan/Getty Images The Union of European Football Associations (UEFA) declared on Friday it has banned Manchester City from European competitions for two seasons for “serious
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Giant letters, reading the word ‘blockchain’, are displayed at the blockchain centre, which aims at boosting start-ups, on February 7, 2018 in Lithuania’s capital Vilnius. Petras Malukas | AFP | Getty Images BEIJING – As Chinese authorities rush to support businesses struggling to survive the effects of the new coronavirus, blockchain technology is showing its
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With thousands of store closures in the last three years and petitions against Subway from its franchise owners, the fast-food chain with the most locations globally seems to be on the rocks. We unpack what’s going on and where Subway’s headed from here. MORE FAST FOOD CONTENT: Animated Map Shows Where Your Favorite Coffee Actually
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Ashlee Vance explores lithium mining in Chile’s Atacama Desert. Watch the full episode of ‘Hello World: Chile’: https://www.youtube.com/watch?v=ii1aMY-vU70 Like this video? Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg?sub_confirmation=1 And subscribe to Bloomberg Politics for the latest political news: http://www.youtube.com/BloombergPolitics?sub_confirmation=1 Bloomberg is the First Word in business news, delivering breaking news & analysis, up-to-the-minute market data, features,
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The FT travels to the Cardiff Diamond Foundry to see how a diamond is grown in a chemical vapour deposition system, and how lab-grown diamonds differ from natural ones. ► Subscribe to FT.com here: http://bit.ly/2r8RJzM ► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs For more video content from the Financial Times, visit http://www.FT.com/video Twitter
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A pedestrian walks past a stock ticker at a Fidelity Investments office in Boston, Massachusetts. Brian Snyder | Reuters Thanks to record-breaking markets and more retirement savings, the number of 401(k) and IRA millionaires has reached a new record, according to Fidelity. Fidelity, the largest 401(k) provider in the United States, released its quarterly analysis
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A screen displays the transaction volume of the 24-hour Alibaba Singles’ Day global shopping festival at the company’s headquarters in Hangzhou, China, November 12, 2019. Reuters China’s Alibaba beat analysts’ estimates for quarterly results on Thursday, driven by record sales during its annual Singles’ Day shopping blitz and demand for its cloud computing business. The e-commerce
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Goodboy Picture Company A hot tax-advantaged opportunity is making the rounds among financial advisors. Just make sure you don’t overlook the risks. The Tax Cuts and Jobs Act, which went into effect in 2018, established so-called qualified opportunity zones — economically disadvantaged areas across the country. Funds specializing in qualified opportunity zones allow people to
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Hillary Clinton speaks onstage at ‘Hillary Clinton and Chelsea Clinton discuss their new book ‘The Book of Gutsy Women’ at The Wilshire Ebell Theatre on November 05, 2019 in Los Angeles, Emma McIntyre | Getty Images Presidential candidate Mike Bloomberg is considering Hillary Clinton as a vice presidential running mate after positive internal polling about
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Anthony Wood David Orrell | CNBC Roku reported earnings for its fourth quarter of 2019 Thursday that beat analyst estimates for quarterly revenue and included a lower loss per share than analysts expected. Shares of Roku rose as much as 9% after hours on the report but later settled around 5%. Here are the key
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The Royal Air Force is leaping towards the future with the arrival of the new F35 fighter jets but the threat picture is shifting fast and uncertainty surrounds the UK defence budget. As the RAF marks its 100th year the FT’s David Bond explores what all this means for British air power. ► Subscribe to
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With a few tricks, these restaurants still manage to turn a profit — despite offering endless food. ————————————————– Follow Business Insider on Twitter: https://twitter.com/businessinsider Follow BI on Facebook: http://bit.ly/1W9Lk0n Read more: http://www.businessinsider.com/ ————————————————– Business Insider is the fastest growing business news site in the US. Our mission: to tell you all you need to know
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For nearly 40 years, Geoff Hinton has been trying to get computers to learn like people do, a quest almost everyone thought was crazy or at least hopeless – right up until the moment it revolutionized the field. In this Hello World video, Bloomberg Businessweek’s Ashlee Vance meets the Godfather of AI. #BloombergHelloWorld ——– Like
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