Reddit, the controversy-laden social media company, has emerged into such a popular place for discussions on gaming, politics, pornography and celebrity gossip that it’s become one of the five most trafficked U.S. web sites But unlike the other top sites like Google, Facebook and Amazon, Reddit has a diminutive business limited primarily to banner ads […]
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Tesla seems to be able to weather negative headline after negative headline without any substantial decline because there are no “real sellers,” CNBC’s Jim Cramer said Thursday. While the stock was under pressure Thursday after Tuesday’s 7 percent decline, Tesla has gained more than 200 percent in the past five years. The longs, or those […]
Read moreAmerica’s labor shortage is approaching epidemic proportions, and it could be employers who end up paying. A report Thursday from ADP and Moody’s Analytics cast an even brighter light on what is becoming one of the most important economic stories of 2018: the difficulty employers are having in finding qualified employees to fill a record […]
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THE story of China Merchants Group began in the 1870s. After its defeats in the Opium wars, the Qing government tried to learn from the West by adopting foreign technology and encouraging new commercial ventures, including China Merchants. The banking-to-shipping conglomerate, based in Hong Kong, has since evolved into one of China’s largest state-owned enterprises, […]
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[unable to retrieve full-text content] IT EMERGED on July 2nd that Hollywood may make “The King of Oil”, a film about Marc Rich, an American-Swiss commodities trader who became a fabulously rich fugitive from American justice. On July 3rd Glencore, the firm founded by Mr Rich, said America’s Department of Justice (DoJ) had requested documents […]
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[unable to retrieve full-text content] Straight outta South Carolina THE menace to Americans from immigration of the wrong sort is immense, according to President Donald Trump. The list of items he wants to deter from crossing the border includes objects as well as people, and one in particular holds his attention. In trade terms, he […]
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[unable to retrieve full-text content] Jeff dispenses more disruption FOR roughly a year speculation has been feverish: would Amazon, an online retail giant, muscle into America’s prescription-drugs market? On June 28th that uncertainty ended when it bought a small online pharmacy, PillPack, based in Manchester, New Hampshire, for about $1bn. When the deal is completed […]
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[unable to retrieve full-text content] Here’s to carbon capture IN THEORY, the world has too much carbon dioxide. In 2015 the Paris climate agreement set limits on emissions of the gas to prevent global temperatures rising by more than two degrees Celsius above those of pre-industrial times. But in practice, makers of food and drink […]
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[unable to retrieve full-text content] IT IS rare to see the words “Canada” and “world domination” in the same sentence. The country’s cannabis producers want to change that. With an eye on October 17th, the date on which recreational marijuana will become legal, medical-cannabis firms have been expanding at home and talking up their global […]
Read moreElon Musk had some choice words for reporters Thursday. The Tesla CEO sounded off on Twitter at media organizations Reuters, Business Insider and CNBC. Musk accused both Reuters and Business Insider of publishing false or misleading stories. He also suggested that CNBC features analysts with poor prediction records. Musk has criticized journalists in the past […]
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