Business Newser

Visitors try out the Huawei Mate S smartphone. Sean Gallup | Getty Images News | Getty Images A sell-off in chip stocks intensified on Monday following a report that semiconductor makers are cutting ties with Huawei following restrictions imposed by President Donald Trump’s administration. The U.S. Commerce Department last week blacklisted Huawei and effectively halted
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There are two schools of thought on 61-year-old SoftBank founder Masayoshi Son. To quote from the 1990s animated cartoon theme song for “Pinky and the Brain”: One is a genius, the other’s insane. Son is one of the world’s wealthiest men, with a net worth of more than $20 billion. He founded a Japanese wireless
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Warren Buffett Gerard Miller | CNBC Billionaire Warren Buffett is a master when it comes to investing. The Berkshire Hathaway CEO is famous for buying and holding stock — and not giving in to the volatility of the market. He’s also well-known for taking big stakes in companies, such as the $900 million worth of
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With 401(k) balances near all-time highs, retirement savers are probably feeling pretty good about themselves these days. The first part of this year saw record contributions, thanks, in part, to a strong stock market, according to Fidelity, the nation’s largest provider of 401(k) plans. Eventually though, savers will have to take distributions from those accounts.
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Arena Pharmaceuticals Inc.: “We like Arena. We’ve liked it. I know it’s speculative. It’s O.K. for a spec, as long as you’re willing to understand that this is not Merck. “ IAC/InterActiveCorp.: “I thought that was an amazing quarter. I think that company is so inexpensive, I frankly don’t even understand it. I say it’s
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Signage is displayed inside the Consumer Financial Protection Bureau (CFPB) headquarters in Washington, D.C., U.S., on Monday, March 4, 2019. Andrew Harrer | Bloomberg | Getty Images The nation’s consumer watchdog agency on Friday filed suit against a debt-collection law firm, accusing it of using deceptive practices to get consumers to pay money that they
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Packages of Beyond Meat Inc. beef crumbles are displayed for a photograph in Tiskilwa, Illinois, U.S., on Tuesday, April 23, 2019. Daniel Acker | Bloomberg | Getty Images A notable short seller is roasting newly public Beyond Meat. Andrew Left of Citron Research took to Twitter Friday afternoon, saying the hype around the plant-based meat
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