Larry Kudlow, director of the U.S. National Economic Council, speaks during a television interview at the White House in Washington, D.C., U.S. on Thursday, Jan. 30, 2020. Alex Edelman | Bloomberg | Getty Images National Economic Council Director Larry Kudlow said the coronavirus-triggered selloff has created a buying opportunity for long-term investors. “The virus story
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Baseball, known locally as yakyuu (or literally “field ball”), is a national phenomenon in Japan. Masaoka Shiki, one of Japan’s four great haiku masters, wrote several poems praising it. Osaka’s most infamous urban legend centers around it. It’s even more popular than the nation’s native sumo. According to data published by Japan’s Central Research Services
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Klarna CEO Sebastian Siemiatkowski speaks at a technology and music conference in Stockholm, Sweden. Johan Jeppsson | Bloomberg via Getty Images Swedish financial technology start-up Klarna has reported an annual loss for the first time, following years of profitability. Klarna, which lets people buy items online and pay for them over instalments, reported a loss
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People walk outside a Lowe’s store in East Peoria, Ill. Daniel Acker | Bloomberg | Getty Images Lowe’s shares fell Wednesday after the company reported mixed fourth-quarter results, with sales weaker than expected, and provided a disappointing forecast. Shares were down more than 3% in premarket trading. Here’s what Lowe’s reported compared with what Wall
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Bob Chapek (C) Chairman of Parks, Experiences, and Products for the Walt Disney Company speaks during the dedication ceremony for the “Rise of the Resistance” attraction opening at Galaxy’s Edge at Disney’s Hollywood Studios on December 04, 2019 in Orlando, Florida. Gerardo Mora The head of Disney’s parks, experiences and products is now its new
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At $25 per pound, macadamia nuts are the world’s most expensive nuts.The nuts keep breaking price records every year. Macadamia trees take 7 to 10 years to begin producing nuts, and the nuts can only be harvested a few times a year. Although the demand for the nuts has largely outpaced the supply, exporters worry
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► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs Private equity firms have come of age since their corporate raider days and are increasingly vying for retail investors’ cash. But what do they do? And what risks do investors face? John Authers, senior investment columnist, explains. ► FT Markets: http://bit.ly/1J5HNd3 ► FT Business: http://bit.ly/1KUK08s ►
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Investors must take precaution about the stocks they want to put their money in because the coronavirus outbreak is disrupting supply chains of many companies, CNBC’s Jim Cramer warned on Monday. American businesses are “far too dependent” on manufacturing products in China, he said. The comments came after the three major U.S. stock indexes plunged
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Historic England is the country’s official list keeper of the most historically and architecturally significant places in England — places such as monuments, shipwrecks and battlefields. And pubs. Earlier this month, the heritage organization updated 11 English pub listings to reflect their cultural heritage and national importance, with one receiving a coveted Grade I designation.
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This is a live blog. Check back for updates 6:27 am: Futures point to muted gains at the open Stock futures implied a positive open for the major averages, with the Dow Jones Industrial Average indicating a gain of 113 points at the open. This hardly makes up for Monday’s losses, however, which saw $1.7
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A Home Depot store in Miami, Florida. Getty Images Home Depot is set to report earnings for the fourth quarter before the bell Tuesday and update investors on whether its significant investments in the company are paying off. Here’s what analysts expect, based on Refinitiv data: Earnings per share: $2.10, adjusted Revenue: $25.76 billion Same-store
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Amazon Go Grocery spans 10,400 square feet and includes about 5,000 different items. Source: Lauren Thomas, CNBC SEATTLE — Amazon is cracking further into the $800 billion U.S. grocery industry, keeping the likes of Walmart, Kroger, 7-Eleven and Instacart on their toes. The online behemoth on Tuesday is opening its first, full-size, cashierless grocery store.
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Investors should remain in the market despite Monday’s major coronavirus-induced sell-off, CNBC’s Jim Cramer said. “Stay in. Stay in,” Cramer said on “Closing Bell.” “We’re getting a comprehensive decline. I think you can start buying the staples tomorrow.” The “Mad Money” host reiterated his belief that drug companies remain attractive in the current market conditions.
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The green paste you’ve been eating with your sushi isn’t really wasabi. If you check the ingredients on the packet, you might see a mixture of sweetener, horseradish and perhaps a small percentage of the real thing. Real wasabi is hard to come across and it can cost $250 per kilo. So what actually is
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