Finance
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3 charts track the epic poaching war between top hedge funds and Big Tech, and show which firms are coming out ahead in an escalating battle
As hedge funds have become sophisticated, their talent needs have evolved — and top managers now are searching out people with engineering...
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PayPal’s CFO outlines ambitious plans to become your virtual wallet and why potential partnerships with the likes of Amazon and Alibaba make more sense now
PayPal has been an independent company for five years since it was spun off from eBay, which acquired the payments platform in...
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Warren Buffett’s best-performing stock over the past 3 months isn’t Apple or Amazon. It’s a luxury furniture company.
Warren Buffett’s best-performing stock over the past three months isn’t Apple or Amazon. The billionaire investor and Berkshire Hathaway CEO’s biggest gainer...
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Primary-care startup Oak Street Health surged in its stock market debut. Here’s how its CEO plans to keep growing its senior care business, which still isn’t profitable.
On Thursday, primary care startup Oak Street Health went public on the New York Stock Exchange under the ticker “OSH.” The company...
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Exxon just warned there could be more job cuts ahead. Here are the positions most at risk.
Exxon warned last week that there’s “significant potential” for additional spending reductions, which could include job cuts. The cuts would take place...
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Facial recognition could be coming to your office. Here’s why companies pitching the tech say the pandemic is a huge tipping point for adoption.
Facial-recognition experts say the technology could become normalized during the coronavirus crisis as tenants and landlords seek seamless entry methods to reduce...
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POWER PLAYERS: Meet the 11 American Express execs leading the card giant’s adoption of digital payments
The adoption of digital payments has taken off amid the coronavirus pandemic, as consumers look to avoid cash. American Express, both a...
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328The US needs to stop acting as though it has ‘infinite fiscal space,’ and provide more targeted coronavirus stimulus, a top economist warned
Anindito Mukherjee/Reuters Any further US stimulus should be targeted at medium-sized businesses, rather than being broad-based, Chicago Booth Business School economist Raghuram...
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441Warren Buffett plowed $2.1 billion into Bank of America in 12 days. Experts warn it could be years before he sees a return.
Getty Images / Bill Pugliano Warren Buffett bought $2.1 billion worth of Bank of America stock over 12 straight trading days. It...
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451The Bank of England avoids ‘last resort’ negative rates and warns the UK economy will not recover to pre-pandemic levels until late 2021
Leon Neal/Getty Britain’s central bank avoided ‘last resort’ negative interest rates and held its benchmark borrowing rate unchanged at a record low...