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Elon Musk’s Big Business and Conflicts of Interest With the U.S. Government
Elon Musk’s influence over the federal government is extraordinary, and extraordinarily lucrative.Mr. Musk’s rocket company, SpaceX, effectively dictates NASA’s rocket launch schedule. The Defense Department relies on him to get most of its satellites to orbit. His companies were promised $3 billion across nearly 100 different contracts last…
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Gelato Recognized as Top Etsy POD Provider by Expert Consumers
BOSTON, MA / ACCESSWIRE / October 21, 2024 / The year 2024 sees Gelato standing out as a top choice among Etsy print-on-demand (POD) providers, according to a review by Expert Consumers. Gelato's global reach, seamless integration, and product focus position it as a leading solution for Etsy sellers seeking quality,…
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Bank of America Enables Companies to Lock in FX Rates
Bank of America now allows companies to lock in foreign exchange (FX) rates for up to one year.
The Guaranteed FX Rates offering simplifies the management of FX risk associated with cross-border payments and receipts, mitigates exposure to currency fluctuations and simplifies treasury management processes, the bank said in a Sunday…
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Companies targeted by activist funds see value decline over the long run: Federation of
Is rise of shareholder activism boon or burden?By Lee Yeon-wooCompanies targeted by successful activist campaigns tend to experience a short-term boost in corporate value, but in the long run, their value falls below pre-campaign levels, the Federation of Korean Industries (FKI) said Monday.In its report, the FKI analyzed the impact of activist…
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China’s listed companies rush to tap central bank funding for share purchases
SHANGHAI (Reuters) - More than 20 Chinese listed companies have announced plans to tap special central bank lending for share purchases, according to exchange filings, days after the People's Bank of China (PBOC) kicked off the $42 billion funding scheme.The PBOC launched the relending programme on Friday, allowing listed companies or their…
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Drone Maker DJI Sues US Over Inclusion on ‘Chinese Military Companies’ List
DJI has sued the US Department of Defense for designating it as a Chinese military company.DJI, which is based in Shenzhen, China, is estimated to control 90% of the consumer drone market. Its drones, such as the DJI Mavic 2 Pro, are commonly used for civilian use cases like aerial photography. They are popular in industries like film and TV…
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Amazon’s Matt Garman says to workers return to office or quit
Amazon Web Services CEO Matt Garman made headlines this week for putting his feelings plainly when it comes to the company’s five-day-in-office policy."If there are people who just don't work well in that environment and don't want to, that's okay, there are other companies around,” Garman said. "By the way, I don't mean that in a bad way," he…
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Company Is Betraying “America First — ProPublica
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EL) Is A Stock With High Consensus ROE
We recently looked at Goldman Sachs’ Stocks With Highest Consensus Returns: 42 Stocks With The Highest Consensus ROE. In this piece, we will look at where The Estée Lauder Companies Inc. (NYSE:EL) ranks in the list.As the fourth quarter of 2024 settles in, the narrative surrounding stocks on Wall Street is starting to shift. This is unsurprising…
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Tech companies head to Las Vegas to tout health AI tools
Visitors check out Nvidia's AI technology at the 2024 Apsara Conference in Hangzhou, China, on September 19, 2024.Costfoto | Nurphoto | Getty ImagesNvidia, Google, Microsoft and dozens of other tech companies are descending on Las Vegas next week to showcase artificial intelligence tools they say will save doctors and nurses valuable time. …
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