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April 14, 2021

Business

Richard Branson sells over $150 million in Virgin Galactic stock

CNBC
by CNBC02
CNBC – For more and to sign up click here Richard Branson, Founder of Virgin Galactic (C) poses next to George T. Whitesides (R), CEO of Virgin Galactic Holdings after ringing the First Trade Bell to commemorate the company’s first day of trading on the New York Stock Exchange on......
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Surgeon says pausing J&J vaccine for younger populations makes sense, but could be lifted for older age groups

CNBC
by CNBC06
CNBC – For more and to sign up click here Dr. Atul Gawande said he “thinks there is something distinct going on here” when it comes to blood clotting and Johnson & Johnson‘s single-dose Covid-19 vaccine. “We have an unusual kind of blood clotting syndrome, very specific to these vaccines,......
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Holders of ‘cult-assets,’ like crypto, are putting pressure on the market, Jim Cramer says

CNBC
by CNBC08
CNBC – For more and to sign up click here CNBC’s Jim Cramer said Wednesday that he’s growing worried as the dearth of sellers in bitcoin and other crypto assets has reached a “messianic” moment. “Right now there are so many cult-assets — Coinbase, cryptocurrencies, meme stocks, non-fungible-tokens — that......
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CDC panel postpones decision on J&J vaccine while it investigates rare but serious blood-clot issue

CNBC
by CNBC011
CNBC – For more and to sign up click here A Centers for Disease Control and Prevention panel on Wednesday decided to postpone a decision on Johnson & Johnson’s Covid-19 vaccine while it investigates cases of six women developing a rare but potentially life-threatening blood-clotting disorder that left one dead......
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Open middle seats could reduce Covid exposure of maskless air travelers, CDC study shows

CNBC
by CNBC09
CNBC – For more and to sign up click here View of the cabin of a Delta flight between Minneapolis and Baltimore on April 25, 2020. Sebastien Duval | AFP | Getty Images Keeping middle seats open on aircraft could reduce passengers’ exposure to the virus that causes Covid-19 by......
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Here’s who just got rich from the Coinbase debut

CNBC
by CNBC017
CNBC – For more and to sign up click here New York’s Union Square Ventures first invested in Coinbase at 20 cents a share in 2013. Eight years later, the stock debuted on the Nasdaq at $381. Source – Click here for more To Return to the Main Aggregate News......
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Dell jumps as it unveils VMware stock spinoff plan

CNBC
by CNBC013
CNBC – For more and to sign up click here Michael Dell, chairman and CEO of Dell at 2015 WEF in Davos, Switzerland. David A. Grogan | CNBC Dell shares rose as much as 9% in extended trading on Wednesday after the company announced its plan to proceed with the......
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American Airlines ramps up domestic schedule to nearly pre-pandemic levels

CNBC
by CNBC011
CNBC – For more and to sign up click here An American airlines Airbus A321-200 approaches Washington Ronald Reagan National Airport (DCA) in Arlington, Virginia on February 24, 2021. Daniel Slim | AFP | Getty Images American Airlines is expanding its summer schedule in a bet that the resurgence of......
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The Cheesecake Factory tries to bounce back from Covid-19

CNBC
by CNBC013
CNBC – For more and to sign up click here Americans love The Cheesecake Factory.  The restaurant known for its massive 21-page menu and dozens of dessert options is ranked as one of the top casual dining restaurants in the U.S. by trade publication Nation’s Restaurant News. The company reported......
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Restaurants see diners return, but feel a labor crunch as hiring becomes a top priority

CNBC
by CNBC023
CNBC – For more and to sign up click here Daniel Halpern is looking to hire 800 workers, and it hasn’t been easy. Halpern is CEO of Jackmont Hospitality, an Atlanta-based foodservice company that franchises about 45 restaurants including TGI Fridays across the country. Diners are returning. But Halpern hopes......
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Nomad Foods acquires Croatian food business

FoodBusinessNews
by FoodBusinessNews00
FELTHAM, ENGLAND` — Nomad Foods on March 29 announced it has reached an agreement with Fortenova grupa d.d. to acquire Fortenova’s Frozen Food Business Group (FFBG) for €615 million ($724 million) in a cash transaction. Based in Zagreb, Croatia, FFBG offers a variety for frozen foods products in the fish,......
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Coinbase indicated to open on Nasdaq at about $340 per share, up from $250 reference price

CNBC
by CNBC013
CNBC – For more and to sign up click here Coinbase shares were indicated to open at about $340 per share on the Nasdaq Wednesday morning after providing a reference price of $250 per share Tuesday evening. Skirting the traditional IPO process, Coinbase will list its stock directly, allowing employees......
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Bernie Madoff, mastermind of the nation’s biggest investment fraud, dies at 82, AP reports

CNBC
by CNBC014
CNBC – For more and to sign up click here Bernard Madoff leaves federal court in New York on Tuesday, March 10, 2009. Jin Lee | Bloomberg | Getty Images Bernard Madoff, mastermind of the biggest investment fraud in U.S. history, ripping off tens of thousands of clients of as......
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Stocks making the biggest moves in the premarket: Goldman Sachs, Bed Bath & Beyond, JetBlue & more

CNBC
by CNBC018
CNBC – For more and to sign up click here Here are some of the companies making headlines in premarket trading: Goldman Sachs (GS) — Goldman shares rose more than 1% in premarket trading after the company’s first-quarter results handily topped Wall Street’s expectations. The bank earned $18.60 per share,......
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Bed Bath & Beyond quarterly sales tumble 16%, as store closures and divestitures hurt results

CNBC
by CNBC024
CNBC – For more and to sign up click here Source: Bed Bath & Beyond Bed Bath & Beyond on Wednesday reported a double-digit decline in fiscal fourth-quarter sales, as ongoing store closures and divestments that are part of a bigger turnaround plan continue to weigh on results. Its shares......
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Boss Punishes Employee For Taking Time Off After His Mother’s Death, So He Destroys The Entire Business

IA
by IA013
Sadly, there are plenty of jerk bosses whose toxic behavior makes the entire workplace a living hell. But some of these idiots are so exceptionally bad, their own employees start revolting against them. About two decades ago, Reddit user PissedBrewer got a job at a brewpub. Everything was going pretty......
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Senators push for reopening of international travel, lift of CDC’s sailing ban for cruise lines

CNBC
by CNBC021
CNBC – For more and to sign up click here People wait for their baggage in the terminal at Boston Logan International Airport in Boston. Erin Clark | Boston Globe | Getty Images A new Senate subcomittee on travel and tourism held its first hearing on Tuesday, and called for......
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Pausing use of J&J Covid vaccine will not affect timeline of getting U.S. vaccinated, says doctor

CNBC
by CNBC021
CNBC – For more and to sign up click here America’s temporary pause in the use of Johnson & Johnson‘s single-dose Covid-19 vaccine will not interfere with President Joe Biden‘s goal of getting the nation to some semblance of normalcy by Independence Day, the dean of Brown University’s School of......
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Cramer calls Coinbase the ‘real deal,’ but warns investors to brace for a bumpy ride with the stock

CNBC
by CNBC021
CNBC – For more and to sign up click here CNBC’s Jim Cramer endorsed buying Coinbase in its public debut Wednesday, saying he’s impressed by the popular cryptocurrency exchange’s business model and leadership team. Should the stock rally hard out the gate, however, investors must be disciplined not to chase......
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After trimming charitable holdings, Cramer reveals 7 stock market concerns going into earnings season

CNBC
by CNBC07
CNBC – For more and to sign up click here CNBC’s Jim Cramer on Tuesday revealed he recently trimmed holdings in his charitable trust ahead of earnings season as he grows more concerned about potential market headwinds. The fund, ActionAlertsPlus.com, trimmed roughly $100,000 from its holdings in part because of......
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