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Saturday, November 17, 2018
But Lee is betting on a recovery. He told clients in a note Friday that even in the depths of a previous bitcoin bear market between 2013 and 2015, it "never sustained a move below breakeven." "While bitcoin broke below that psychologically important $6,000, this...
NEW YORK (Reuters) - There are untapped opportunities in corporate debt securities denominated in emerging-market currencies, Eaton Vance’s director of diversified fixed-income said at the Reuters Global Investment 2019 Outlook Summit on Friday. Kathleen Gaffney, vice president, director of diversified fixed income and lead portfolio manager for Eaton...
John Moore | Getty Images A cancelled flight waits in a snow storm at the Newark Liberty International Airport on November 15, 2018 in Newark, New Jersey. The early season storm caused...
The Product of the Year, according to the New Hampshire Tech Alliance, is SmartStack, an active system for sensing lab exhaust, from a company based in Manchester, New Hampshire, called Measured Air Performance. Steve Graves, CEO of Measured Air Performance, estimates the market for SmartStack is about $500...
PORT MORESBY, Papua New Guinea - China's leader Xi Jinping and U.S. Vice-President Mike Pence traded barbs in speeches to a summit of world leaders Saturday, outlining competing visions for global leadership as trade and other tensions between them simmer.Pence said there would be no letup in President...
The U.S. central bank left interest rates unchanged last Thursday, but is expected to increase borrowing costs in December for a fourth time this year. In its statement after last week's policy meeting, the Fed noted that annual inflation measures "remain near 2 percent." Last...
The Securities and Exchange Commission announced its first civil penalties on Friday against crypto founders who failed to register new coin offerings, part of a bigger regulatory and legal crackdown aimed at abuses and outright fraud in the growing digital currency industry. The SEC said it settled separate cases...
BOSTON (Reuters) - Fidelity Investments on Friday named technology executive Steve Neff to run its big asset management division, a move that shows the growing importance of data systems for fund companies. Neff, a 22-year Fidelity veteran, replaces Charlie Morrison, whose pending retirement the privately held Boston firm...
Coca-Cola's $5.1 billion acquisition of U.K. coffee chain Costa was less of an effort to take on giants like Starbucks than a move to create a new type of coffee experience, Coca-Cola President and CEO James Quincey tells CNBC. To Quincey, who joined Jim Cramer for an exclusive interview...
Wall Street capped a day of volatile trading with a late-afternoon buying spree that sent U.S. stock indexes to a mostly higher finish Friday. Despite the 11th-hour rally, the benchmark S&P 500 index ended with its second weekly loss in four weeks. Gains in health care and energy companies powered...

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