We got an inside look at the United States Marine Corps’ intense 13-week basic training program. Senior video correspondent Graham Flanagan spent five days at the Marine Corps Recruit Training Depot in Parris Island, South Carolina, where he observed different companies at various stages of training. Recruits endure a series of intense physical challenges such
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► Visit our brand new YouTube channel, FT Life at: http://bit.ly/2qzoKSt Prime Minister Theresa May has brought forward the UK’s next general election. The FT’s Henry Mance explains why and how the country votes for its government Credits: Graphics by Russell Birkett. Produced by Seb Morton-Clark. ► Subscribe to FT.com here: http://bit.ly/2r8RJzM ► Subscribe to
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For a long time it’s been said “fusion is the energy of the future. And always will be”. But now, with an influx of private investment, fusion startups are in the race for the holy grail of energy – limitless, clean power. A company based in Oxford, U.K. believes they’re close. #BloombergGiantLeap #Science #Technology ——–
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Tesla has a long way to go before it justifies its current stock price, New York University finance professor Aswath Damodaran told CNBC on Thursday. Damodaran, known as the “dean of valuation” for his company analyses, said the electric-auto maker would need to have revenues comparable to the Volkswagen Group in 10 years, margins similar
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PepsiCo on Thursday reported quarterly earnings and revenue that topped analysts’ expectations. Shares of the company rose less than 1% in premarket trading. Here’s what the company reported compared with what Wall Street was expecting, based on a survey of analysts by Refinitiv: Earnings per share: $1.45, adjusted, vs. $1.44 expected Revenue: $20.67 billion, vs.
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Barbie dolls for sale at a Target store. Scott Mlyn | CNBC Mattel turned in mixed fourth-quarter results after holiday revenue was weighed down by continuing sales declines in its American Girl and Fisher-Price brands. The company’s stock initially dropped, but now was up about 5% in extended trading, after posting the results. Sales during
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A man pushes a man on wheelchair past a propaganda banner on a wall in a hutong, following an outbreak of the novel coronavirus in the country, in Beijing, China February 11, 2020. The Chinese characters on the banner read, “Strengthen self-protection, do not panic, believe in science, do not spread rumours”. Tingshu Wang |
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► Try the Financial Times for 4 weeks for just £1. Start your trial now – http://bit.ly/2ry7Tkz ► Read more at https://on.ft.com/2UDyj5n The world’s largest muslim-majority nation goes to the polls to elect its president in a rerun of the 2014 choice between incumbent Joko Widodo and former general Prabowo Subianto ► Subscribe to FT.com
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About 115 pages into President Trump’s proposed 2021 budget are two line items that Medicare beneficiaries might want to take note of. While the president’s proposals pertaining to Medicare are largely aimed at behind-the-scenes shifts — i.e., lowering reimbursement rates to providers and rooting out waste or fraud — the budget also includes changes that
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Charles Munger David A. Grogan | CNBC Charlie Munger, vice chairman of Berkshire Hathaway and Warren Buffett’s longtime business partner, issued a dire warning about the future on Wednesday. “I think there are lots of troubles coming,” he said at the Los Angeles-based Daily Journal annual shareholders meeting. “There’s too much wretched excess.” Munger —
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Cisco Systems headquarters Getty Images Check out the companies making headlines after the bell: Cisco Systems – Shares of the networking hardware company dropped 4% in extended trading despite reporting strong second-quarter results that beat analysts’ estimates. Cisco reported earnings of 77 cents a share excluding some items on revenue of $12.01 billion while analysts
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Shoppers enter a Kohl’s store in Peoria, Illinois. Daniel Acker | Bloomberg | Getty Images Kohl’s is laying off 250 people as it restructures parts of its business following a dismal holiday season. The changes will help Kohl’s streamline communications and eliminate the overlap of management positions, Kohl’s senior vice president of communications, Jen Johnson,
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