Finance
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Exxon is slashing workers and cutting costs as oil prices stumble. Here’s everything we know. (XOM)
Exxon is cutting costs and shrinking its workforce to stay afloat amid the worst oil downturn in a generation. Here’s everything we...
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Plaid has been quietly building a new payments tool and Visa wants to buy it to squash competition, US antitrust regulators say
The Department of Justice filed an antitrust lawsuit against Visa, calling into question its $5.3 billion acquisition of Plaid. In the complaint,...
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Global stocks slip after Trump insists he won the tightest election in 20 years, while Biden inches closer to victory
Global stocks tumbled on Friday after President Trump claimed he won the 2020 election, even though Joe Biden has now overtaken the...
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Flex-workspace firm Breather has hired bankers to explore options including a sale, and it’s a sign of a bigger consolidation push as office demand tanks
Flex-workspace brand Breather has hired Moelis to help it explore options including a potential sale, according to two sources with direct knowledge...
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The DOJ’s antitrust lawsuit over Visa’s $5 billion Plaid deal could put fintech M&A through a ‘cold shower,’ according to lawyers and fintech execs
The Department of Justice sued Visa over its planned $5.3 billion acquisition of Plaid on Thursday. Plaid and Visa don’t currently compete...
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405Warren Buffett’s favorite market indicator nears record high, signaling stocks are overvalued and riskier than ever
Berkshire Hathaway CEO Warren Buffett. REUTERS/Rick Wilking Warren Buffett’s preferred market gauge is nearing a new high, indicating stocks are overvalued and...
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The 21 billion-dollar startups to watch that are revolutionizing healthcare in 2020
2020 has been a bumpy year for startups as they navigate the financial fallout of the coronavirus pandemic. Even so, healthcare startups...
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JPMorgan’s Dimon preaches patience — Ex-Coatue MD to launch new fund — Election fallout continues
Still trying to make heads or tails of the election? Click here to get the full rundown on all the races. If...
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The ultrawealthy were in a “frenzy” about taxes pre-election — but now, according to one wealth advisor, clients are breathing a sigh of relief
Prior to the election, the ultra-wealthy were frantically planning for new tax legislation and potential changes to the gift tax exemption, so...
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In leaked email, Knotel CEO lays out how the troubled office company will rethink office spaces
Knotel’s CEO sent an email to staff on Tuesday announcing that the company would continue cutting its real estate footprint with a...