Shoot for the moon; half a century later, the moon is still great for business

NEW YORK — Fifty years after humans first visited, businesses are still trying to make a buck off the moon. Hundreds of millions of people were riveted when Apollo 11 landed on the moon on July 20, 1969. Naturally, marketers jumped at the chance to sell products from cars and televisions, to cereal and a once-obscure powdered drink called Tang. […]

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Bristol-Myers plans to divest Celgene's psoriasis drug

(Reuters) – Bristol-Myers Squibb Co on Monday offered to divest Celgene Corp’s psoriasis treatment Otezla to allay concerns raised by the U.S. competition regulator, and pushed back the closing of their $74 billion deal. The surprise move sent Bristol’s shares down 4.3% in morning trading, while Celgene fell nearly 4%. Bristol announced its plans to buy Celgene in a cash-and-stock […]

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John Koufos: I am a former prisoner. Here's why second chance hiring is so important

Kim Kardashian West speaks on second chance hiring ‘Keeping Up with the Kardashians’ star Kim Kardashian West makes remarks on second chance hiring. This month, the Trump administration served as a catalyst for perhaps the largest criminal justice public-private-partnership ever assembled, jobs for formerly incarcerated people as they reenter society. As a former prisoner myself, this initiative is personal to […]

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Scared, Boris? Hunt taunts Johnson as Tory leadership race erupts – ‘Anytime, anywhere!’

The Foreign Secretary has written directly to his opponent telling him not to “hide away” from public scrutiny in the final stages of the contest. Making a Martini-pledge to Mr Johnson to “debate you anytime anywhere” on live TV, Mr Hunt dared his adversary to sign up. Mr Johnson has faced claims he is remaining below the radar to avoid […]

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Fed could signal a policy shift toward future rate cuts

FILE – In this June 4, 2019, file photo Federal Reserve Chairman Jerome Powell speaks at a conference involving its review of its interest-rate policy strategy and communications in Chicago. On Wednesday, June 19, the Federal Reserve releases its latest monetary policy statement and updated economic projections. (AP Photo/Kiichiro Sato, File) The Federal Reserve seems poised to pivot from keeping […]

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How to Become a Retail Legend: Recognize That “Selling” Isn’t the Whole Story

Actions speak louder than words, or so they say. But if you're trying to understand what makes a person tick, letting them explain their actions isn't so bad a method. For this Rule Breaker Investing episode, host David Gardner is delivering his tenth "Great Quotes" themed show, and he leads it off with an unusually long quote from a businessman […]

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‘It’s like a sport’: Tax agents face hot water over clients’ claiming

Tax professionals say they face continued pressure from clients to put in dodgy expenses while the Australian Taxation Office says it will take strong action against tax professionals who exhibit unprofessional conduct at tax time. The ATO secured additional money in this year's budget specifically aimed at agent-prepared returns. Tax agents say clients still pressure them to over-claim even though […]

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Is Chevron a Buy?

Chevron (NYSE: CVX) was outbid by Occidental Petroleum in the Andadarko Petroleum acquisition fight. It was something of a stunner to see the oil giant lose out to a company that's around a fifth of its size. If Chevron had won, it would have expanded its reach in the hot onshore U.S. energy market. Is Chevron worth owning without that? […]

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