Month: November 2018

Marathon Petroleum Corp.: “Here’s what’s happened: the spread has narrowed between what we can sell the oil at and what you get from gasoline for the refiners. MPC is the class of the joint [with] its 3 percent yield, but it is going lower. It’s in a bear market mode now. I still think it’s
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United Technologies says it expects to finish the separation in 2020. Chairman and CEO Gregory Hayes said in a statement that by splitting up its businesses, each company will be better positioned. “As standalone companies, United Technologies, Otis and Carrier will be ready to solve our customers’ biggest challenges, provide rewarding career opportunities, and contribute
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Measured in dollars, this year’s damage has been much more significant. Roughly $700 billion has been wiped off cryptocurrencies’ global market capitalization since the high, according to data from CoinMarketCap.com. The price of one bitcoin has dropped more than $15,000 since December. Bitcoin skyrocketed to current its all-time high of almost $20,000 in December 2017.
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And yet, just 15 percent of Americans are concerned about cybersecurity when shopping online, according to separate report by ExpressVPN, another VPN service provider. About 2 in 3 respondents said the convenience of online shopping during the holidays outweighs the risk of a potential data breach, according to the University of Phoenix’s cybersecurity dangers for
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Yu Chun Christopher Wong | S3studio | Getty Images A photo illustration of the digital Cryptocurrency, Litecoin (LTC), Monero (XMR), Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) and Dash are seen on September 13 2018 in Hong Kong, Hong Kong. Post-Thanksgiving, sentiment surrounding bitcoin has changed drastically, and certainly since last holiday season. The cryptocurrency was
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Big-box retailers such as Target and Walmart are capitalizing on the demise of Toys R Us this holiday season, and it’s paying off, according to industry leaders. The well-known toy retailer, which shuttered its U.S. stores in June, accounted for 15 to 20 percent of the country’s total toy sales in 2017, based on estimates
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European e-scooter start-up VOI raised $50 million in a Series A round led by Balderton Capital. VOI launched in August and has since expanded beyond Scandinavia to operate in Spain. The company counts Amazon CEO of Worldwide Consumer Jeff Wilkes and Zillow CEO Spencer Rascoff among its angel investors. PlayVS, a start-up working to get
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