Month: April 2021

Rendering of a United Launch Alliance’ Atlas V rocket carrying Amazon satellites. ULA/Amazon Amazon is preparing to send its first Project Kuiper internet satellites into orbit, with Jeff Bezos‘ company announcing on Monday that it signed a contract with United Launch Alliance for nine launches. ULA, a joint venture of Boeing and Lockheed Martin, will
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Warren Buffett, the jocular Midwestern billionaire best known for his appearances in business magazines and on CNBC, has joined Twitter. Yes, that’s right, the online bastion of starlets and rappers and millions of ordinary teenagers is now an outlet for probably the most anti-technology curmudgeon of modern times. His first tweet? “Warren is in the
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Federal statistics show Puerto Rico’s employment increased in recent months. According to the U.S. Bureau of Labor Statistics household survey, Puerto Rico’s number of employed increased 0.7% in March from February. According to BLS’s survey of non-farm establishments, employment went up 0.3% in the period. Though the household survey only shows a single month of
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Friends spending the weekend in the shopping mall martin-dm | E+ | Getty Images Company: Genesco Inc. (GCO) Business: Genesco is a retailer and wholesaler of branded footwear, apparel and accessories that operates through four business segments: (i) Journeys Group, comprised of retail footwear chains and e-commerce operations; (ii) Schuh Group, which includes the Schuh
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Georgia’s unemployment rate dropped 0.3% to 4.5% in March, the state Department of Labor said Friday, which is far below the national average of 6.0%. “Georgia’s economy is firing on all cylinders as a result of our balanced approach in protecting both lives and livelihoods during the COVID-19 pandemic,” said Gov. Brian Kemp. “While we
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A lot of hair has been pulled over the United Kingdom’s Brexit vote. Sure, there were a couple of days when there was extreme volatility, but there are more important investment truths that need to be heeded. It’s easy to take your eye off the ball when so much turmoil is dominating the business headlines. You want
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The municipal market rallied Thursday with robust secondary activity, primary deals repricing lower, following better-than-expected economic data, a much stronger U.S. Treasury market, and high-yield municipal bond mutual funds reporting a record $1.28 billion of inflows. Municipals were stronger as the reality of an improved credit outlook, and strong demand buoyed by fund flows and
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With Bitcoin prices skyrocketing, the crypto market is seeing an uptick in the finance sector bigger than ever before. Despite that, the reoccurring argument remains: “nobody uses the top cryptocurrency for actual transactions.” Although this claim has existed for a long time, there has been a shift in daily transaction volume, and it is nearing
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Chesnot | Getty Images Check out the companies making headlines in midday trading.  UnitedHealth – Shares of health care giant jumped more than 3% after results topped the Street’s forecasts. Its adjusted earnings came in at $5.31 per share, exceeding the $4.39 per share expected by analysts, according to FactSet. UnitedHealth also raised its earnings
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Florida’s Barrier Islands have a wealth of attributes – waterfront, abundant views and a tropical paradise vibe.  This palatial Georgian estate graces 160 feet of Intracoastal Waterway on private Gem Island in the John’s Island community of Indian River Shores. The 11,758-square-foot home lies on the 1,650-acre John’s Island, a waterway envisioned half a …
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