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Trump administration says Sinochem and others backed by Chinese military
September 8, 2020September 2, 2020 444sqnorg

Trump administration says Sinochem and others backed by Chinese military

Business

The Trump administration has determined that another 11 Chinese firms, including construction giant China Communications Construction Company, are owned or controlled by the Chinese military,

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Ackman sees more gains for his portfolio, urges stock ownership for all Americans
September 7, 2020September 2, 2020 444sqnorg

Ackman sees more gains for his portfolio, urges stock ownership for all Americans

Business

Billionaire hedge fund manager William Ackman touted the success of his funds on Friday, citing attractive valuations for his holdings and saying he has up

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Oil prices dip as producers, refiners avoid worst of hurricane
September 6, 2020September 2, 2020 444sqnorg

Oil prices dip as producers, refiners avoid worst of hurricane

Business

Oil prices inched lower on Friday as Hurricane Laura passed the heart of the U.S. oil industry in Louisiana and Texas without causing any widespread

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MGM Resorts to lay off 18,000 furloughed U.S. employees
September 5, 2020September 2, 2020 444sqnorg

MGM Resorts to lay off 18,000 furloughed U.S. employees

Business

Casino operator MGM Resorts International (MGM.N) informed its staff on Friday it would lay off 18,000 furloughed employees in the United States as the coronavirus-induced

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Wall Street’s ‘fear gauge’ climbs despite U.S. stock rally
September 4, 2020September 2, 2020 444sqnorg

Wall Street’s ‘fear gauge’ climbs despite U.S. stock rally

Business

U.S. stocks are rallying, but so too is Wall Street’s “fear gauge,” in an unusual twist. The Cboe Volatility Index was set for a second

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U.S. IPO market channels spirit of ’99 to tee up bumper 2020
September 2, 2020 444sqnorg

U.S. IPO market channels spirit of ’99 to tee up bumper 2020

Business

A host of companies have filed for U.S. initial public offerings (IPOs) this week in the busiest period in recent history, as businesses rush to

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