Business Tips

Business Tips

Slack shares soar following report of possible Salesforce acquisition

Stewart Butterfield (C), Slack’s co-founder and CEO, and Alan Shim (2nd L), Slack’s chief financial officer, the New York Stock Exchange (NYSE), ring the opening bell in New York on June 20, 2019. Faridabad Drew Anger | Getty Images Shares of Slack rose more than 24% on Wednesday after the Wall Street Journal reported that Salesforce negotiated to buy the …

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Amazon Web Services outage takes some services offline

Attendees at Amazon.com held the Amazon Web Services logo’s previous annual cloud computing conference on November 30, 2017 in Las Vegas, Nevada, USA. Salvador Rodriguez | Reuters On Wednesday, Amazon’s cloud-computing service was hit with an outage, which took over some websites and services. A notice on the status page of Amazon Web Services stated that it was experiencing problems …

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Fed discussed providing more accommodation by changing Treasury buying to keep longer-term rates down

Federal Reserve officials held a detailed discussion about their asset purchase program during a meeting earlier this month, with some members saying they hope to implement several changes. The Fed on Wednesday Issued minutes from 4-5 policy meeting. At that meeting, officials voted to keep benchmark short-term lending rates near zero. Market participants were looking for minutes to gauge where …

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Wall Street eyes other economic members

Democratic US presidential candidate and former Vice President Joe Biden participates in a campaign program dedicated to reopening the US economy during a coronovirus disease (COVID-19) epidemic in Philadelphia, Pennsylvania, USA on June 11, 2020. Bastian Slabbers | Reuters With Janet Yellen for Treasury Secretary, President-Elect Joe Biden must now hand the American economy back to the hands of an …

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After market’s November surge, there may be less of a chance for a big ‘Santa rally’

Traders work the floor of the New York Stock Exchange. NYSE The November strong rally may have stolen some thunder from a year-end rally. Promising Vaccine News made a major rotation in cyclical stocks in November, such as industry and financials – stocks that would do well in the economic recovery. The S&P 500 is up over 11% for the …

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Trump pardons Michael Flynn, former national security advisor

President Donald Trump said Wednesday that he had forgiven his first national security adviser, Michael Flynn, who pleaded guilty three years ago to lying to FBI agents. A judge by the US Department of Justice ruled a pending motion to dismiss the case and ruled on Flynn’s guilty plea, regarding the nature of his negotiations with Russia’s ambassador to the …

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This will be the worst Thanksgiving box office in decades

“The Croods: A New Age” features the voices of Clark Duke, Callie Crawford and Chloris Leachman, Sandy and Gran Universal The week of Thanksgiving is generally a strong time at the box office, but this year the coronovirus epidemic has crippled the film industry, leaving little doubt that the November holiday will be the loss of the same fate. Despite …

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Trump administration officially begins transition to Biden after weeks of delay

General Services Administration chief Emily Murphy told President-Elect Joe Biden on Monday that the Trump administration is providing federal res for his transition to office. Murphy’s letter, which deferred his decision about Biden’s election victory for weeks after the November 3 election, approved the move before President Donald Trump tweeted. Nevertheless, Trump still explicitly denied Biden the race, which is …

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‘Close to 1,000’ Cleveland Clinic caregivers infected with Covid-19

Cleveland Clinic Chief Acting Officer Kelly Hancock urges her community to follow social distinctions and mask guidelines as hundreds of people working inside one of America’s best hospitals hold the Kovid-19. “We had a record today, we saw about 12,000 new cases of Kovid-positive patients in the state of Ohio,” Hancock said during an interview on Monday evening, and so …

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Ghislaine Maxwell quarantined after possible coronavirus exposure

Ghisleen Maxwell, a longtime collaborator of accused sex traffic Jeffrey Epstein, speaks at the UN conference in New York on June 25, 2013, at a news conference on oceans and sustainable development in New York. UNTV | Reuters Prosecution officials said Monday that a British society accused of sexually abusing young girls by British socialite Jeffrey Epstein is in quarantine …

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