Business

By now you’ve probably gathered that Facebook uses things like your interest, age and other demographic and geographic information to help advertisers reach you. Then there’s the stuff your friends do and like — the idea being that it’s a good indicator for what you might do and like. So, if you have a friend
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“All that turmoil doesn’t help,” said Dan Stephenson, founder and chairman of the Rancon Group, a Murrieta, California-based real estate development firm. Indeed, the Chinese earlier this month slapped a new tariff on U.S. wine exports. And Beijing could spur an anti-U.S. backlash that discourages Chinese citizens from investing in American businesses. Regardless, there has
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Generic drug maker Mylan is in advanced discussions to acquire Merck’s consumer health business after other bidders failed to meet the German company’s price expectations, people familiar with the matter said. “Although it’s Mylan’s policy to not comment on rumors or speculation, given the egregious inaccuracy of reports issued this morning, the company is compelled
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Check out the companies making headlines before the bell: J.P. Morgan Chase – The bank reported quarterly profit of $2.37 per share, beating the consensus estimate of $2.28. Revenue also beat forecasts, and CEO Jamie Dimon said J.P. Morgan’s business were doing well “across the board”. Qualcomm – Former chairman Paul Jacobs is talking to
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Check out the companies making headlines before the bell: BlackRock – The asset management firm reported adjusted quarterly profit of $6.70 per share, beating the consensus estimate of $6.39, with revenue also above forecasts. Profit was up nearly 27 percent from a year earlier, helped by a lower tax rate and an increase in advisory
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Check out the companies making headlines before the bell: General Electric – In a new report, Cowen recommends avoiding GE stock ahead of an upcoming restatement of earnings and its first quarter report scheduled for Apr. 20. Cowen feels a first-quarter earnings miss is “probable,” and doesn’t feel the already-cut dividend is necessarily safe. Facebook
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A measure of Australian consumer sentiment eased slightly in April as worries about the future for family finances just managed to offset optimism about the economic outlook. A Melbourne Institute and Westpac Bank survey of 1,200 people published on Wednesday showed its index of consumer sentiment dipped 0.6 percent in April, from March when it
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The total number of high profile investors and venture capital funds continues to increase in 2018 – a trend Space Angels traces back to 2009. Andreeseen Horowitz and Accel Partners are the latest Silicon Valley funds to back space ventures, with the former investing in satellite start-up Astranis and the latter funding World View. Jeff
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Pool | Getty Images Chinese President Xi Jinping and U.S. President Donald Trump attend a welcoming ceremony November 9, 2017 in Beijing, China. President Donald Trump is suggesting China will ease trade barriers “because it is the right thing to do” and Washington and Beijing can settle disputes that have rattled financial markets, consumers and
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China’s announcement this past week also concerns other agricultural commodities, particularly wheat, frozen beef and cotton. “It is unsettling to see American-produced beef listed as a target for retaliation,” said Kent Bacus, director of international trade and market access for the National Cattlemen’s Beef Association. “This is a battle between two governments, and the unfortunate
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The U.S. Department of Agriculture (USDA) is looking to find ways to shield farmers from the growing trade conflict between the United States and China, a department official said Thursday evening, without providing details of options under review. “There’s a lot of different options out there” to protect farmers, said USDA Farm Production And Conservation
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