Bleeding Billions
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The Hill - Politics
Evening Report — Can Biden stop the bleeding?
A second House Dem is urging Biden to step aside {beacon} Evening Report Wednesday, July 3 © AP Photo/Evan Vucci Biden tries to rally the troops as Dem panic consumes Washington President Biden began widespread outreach to Democrats on ...Joe Biden -
The Hill - Politics
White House seeks to stop the bleeding amid new calls for Biden dropout
The White House and Biden campaign sought to stop the bleeding Wednesday, forcefully saying the president will not be dropping out of the race after a disastrous debate underscored concerns about his age and ability to serve. Allies and staff ...Joe Biden -
The Wall Street Journal - World
The Formula for Impressive Wall Art: Large, Dynamic, No Frame Required
Mounting big prints and paintings costs a lot. Instead, plow that money into distinctive hangings made of different materials, such as ceramic or wood, that don’t require a frame. -
The Wall Street Journal - World
Biden Bleeds Democratic Support, Undermining Case to Take on Trump
The latest WSJ Poll shows the incumbent has allowed the race to become referendum on his leadership rather than a choice between him and an unpopular challenger.Joe Biden -
The Hill - Politics
Karl Rove predicts Biden will end campaign: It's ‘bleeding out in front of us’
Republican strategist Karl Rove suggested Friday that President Biden may step aside before November, saying his campaign is "bleeding out in front of us" following a poor debate showing last week. “That situation has deteriorated, and who thinks ...Joe Biden -
The Wall Street Journal - World
Your Old Clothes Are Worth Billions
Secondhand apparel retail is a booming business, but turning a profit is harder than it sounds. -
The Wall Street Journal - World
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
The Wall Street Journal - World
Shell to Take Impairment Hit of Up to $2 Billion
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a major biofuels plant as European energy majors grapple with weak market conditions, while trading in its core gas division is set to fall on quarter. -
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CBS News - Top stories
Saks Fifth Avenue owner buying Neiman Marcus for $2.65 billion
Canada's Hudson's Bay Company, which owns Saks Fifth Avenue and other retailers, is buying 117-year-old Neiman Marcus. -
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The Hill - Politics
Saks Fifth Avenue parent to buy Neiman Marcus Group for $2.65 billion
Saks Fifth Avenue parent company HBC announced Thursday a $2.65 billion deal to acquire Neiman Marcus Group, the parent company of Neiman Marcus and Bergdorf Goodman. HBC said that after the deal goes through it will launch Saks Global, which will ... -
The Wall Street Journal - Business
Ericsson Intends to Book $1.1 Billion Charge for Latest Quarter
The Swedish telecom-equipment company said lower-than-expected growth at its Vonage cloud subsidiary prompted the impairment charge. -
The Wall Street Journal - World
China's Central Bank Borrows 'Hundreds of Billions' of Yuan in Government Bonds
China’s central bank has signed agreements with major brokers to borrow “hundreds of billions” of yuan worth of government bonds, a move analysts say is likely aimed at stabilizing plummeting long-term bond yields.China -
MarketWatch - Business
CureVac’s stock soars on GSK’s $1.56 billion deal for its COVID-19 and flu vaccines
U.K. pharmaceutical giant GSK said the deal gives it the rights to develop, manufacture and commercialize messenger RNA-based candidate vaccines for flu and COVID-19. -
MarketWatch - Business
Jeff Bezos aims to sell another $5 billion of Amazon stock, after earlier selling spree
The Amazon founder and executive chair has filed to sell up to 25 million shares, after he dumped 50 million in February. -
CNBC - Business
Romance scams cost consumers $1.14 billion last year. It's a 'more insidious' fraud, expert says
Cyber criminals are tapping into wealth accounts through human connection. Here's how to spot it and cut ties as soon as you can. -
CNBC - Business
Tesla short sellers lost $3.5 billion in two days of trading after deliveries report
With Tesla's stock close to wiping out its losses for the years, investors betting for a decline have had a rough week.Tesla -
CNBC - Business
Saks Fifth Avenue parent HBC to acquire Neiman Marcus Group in $2.65 billion deal
The deal will establish Saks Global, which will include Saks Fifth Avenue, Saks OFF 5TH, Neiman Marcus' namesake department store chain and Bergdorf Goodman. -
MarketWatch - Business
Saks Fifth Avenue buying Neiman Marcus in $2.65 billion deal, with backing by Amazon
High-end retail chains Saks Fifth Avenue will buy rival Neiman Marcus in a deal that will see Amazon.com and Salesforce also take stakes, the companies said in a statement on Thursday. -
CNBC - Business
Over $170 billion wiped off cryptocurrencies as market tanks on Mt. Gox bitcoin payout fears
Cryptocurrencies plunged on Friday as investors get anxious about the planned payout of nearly $9 billion to users of collapsed bitcoin exchange Mt. Gox.Crypto -
CNBC - Business
Energy giant Shell to take up to a $2 billion impairment hit on Rotterdam, Singapore plants
Energy giant Shell on Friday said it expects to record a post-tax impairment hit of up to $2 billion mainly linked to its Singapore and Rotterdam plants. -
MarketWatch - Business
How a burger-shack owner allegedly toppled a government and evaded taxes on $7 billion in U.S. military contracts
Douglas Edelman has been charged with hiding $350 million in income. He allegedly spent the money on yachts and an Austrian chalet. -
The Wall Street Journal - World
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a biofuels plant.
Shell expects to book up to $2 billion in post-tax impairments after delaying construction of a biofuels plant. -
The Wall Street Journal - World
Amazon will build a top-secret cloud for Australia's government to deepen collaboration with the U.S. and strengthen Canberra's defense communications.
Amazon will build a top-secret cloud for Australia’s government to deepen collaboration with the U.S. and strengthen Canberra’s defense communications. -
The Wall Street Journal - World
Saks Fifth Avenue's parent company sealed a $2.65 billion deal to buy rival Neiman Marcus, creating a powerhouse in luxury retailing that seeks to hang on to wealthy shoppers.
Saks Fifth Avenue’s parent company sealed a $2.65 billion deal to buy rival Neiman Marcus, creating a powerhouse in luxury retailing that seeks to hang on to wealthy shoppers. -
The Wall Street Journal - World
Private-equity firm Carlyle Group is in exclusive talks to acquire medical-device maker Baxter's kidney-care spinoff Vantive for more $4 billion, including debt.
Private-equity firm Carlyle Group is in exclusive talks to acquire medical-device maker Baxter’s kidney-care spinoff Vantive for more $4 billion, including debt.