Business > Banking and Financial Institutions

Cuomo: NYC Museums, Other Cultural Institutions Can Open Aug. 24

2 hours ago   |   NY Times

Gov. Andrew M. Cuomo said that museums would be allowed to open at 25 percent capacity and with timed ticketing in place.
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Citi's $900 Million Blunder Raises Stakes in Revlon Showdown

4 hours ago   |   Bloomberg

Even for Citigroup Inc., it was big money. On Wednesday, loan operations staff at the New York bank wired $900 million, seemingly on behalf of Revlon Inc., to lenders of the...
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Miami businessman pleads guilty in Vermont ski fraud case

6 hours ago   |   Boston Herald

A Miami businessman accused of being the mastermind behind the largest fraud case in Vermont's history pleaded guilty on Friday over a failed plan to build a biotechnology...
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Warren Buffett traded Goldman Sachs for gold in Berkshire Hathaway's newly revealed portfolio

7 hours ago   |   Fortune

Airlines weren't the only stocks Warren Buffett soured on during the pandemic. In addition to selling all his airline holdings including Delta and Southwest, which Buffett...
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What you need to know about US Postal Service's funding crisis, and how it could impact your vote in the November election

What you need to know about US Postal Service's funding crisis, and how it could impact your vote in the November election

7 hours ago   |   Business Insider

The United States Postal Service is currently suffering a financial crunch exacerbated by the COVID-19 pandemic. The decline in Americans using the Postal Service due to the...
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Novogratz Says Stock-Market Bubble Will Probably Pop If Biden Wins

8 hours ago   |   Bloomberg

Cryptocurrency investor Michael Novogratz, while a big fan of Democrats, said the relentless rally in the stock market could end if Joe Biden wins the U.S. presidency.
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Warren Buffett slashes JPMorgan and Wells Fargo stakes, bets on Barrick Gold

Warren Buffett slashes JPMorgan and Wells Fargo stakes, bets on Barrick Gold

8 hours ago   |   Business Insider

Warren Buffett slashed his stakes in JPMorgan and Wells Fargo in the second quarter, a regulatory filing revealed on Thursday. The billionaire investor's Berkshire Hathaway...
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Stocks Close Flat, S&P 500 Fails To Hit New Record High

9 hours ago   |   Forbes

The S&P is struggling to reach a new record high.
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Top Wall Street analysts say these are the 7 cannabis stocks to bet on now that will benefit if Biden defeats Trump in November

Top Wall Street analysts say these are the 7 cannabis stocks to bet on now that will benefit if Biden defeats Trump in November

10 hours ago   |   Business Insider

Wall Street analysts say a Democratic sweep in November that puts Joe Biden in the White House and the party in control of the Senate could be a boon for cannabis...
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Americans who get federal benefits now have until September 30 to claim $500 stimulus checks for their dependents under age 17

Americans who get federal benefits now have until September 30 to claim $500 stimulus checks for their dependents under age 17

10 hours ago   |   Business Insider

Federal benefits recipients, including those collecting Social Security retirement, Supplemental Security Income , and Veterans Affairs benefits, now have until September 30 to...
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TikTok ban gets extended to 90 days with new executive order

TikTok ban gets extended to 90 days with new executive order

TikTok survives in the United States for little longer. What you need to know Trump has issued a new executive order concerning TikTok. The new order forces ByteDance to divest... Read more ...

Facebook is calling Apple out for refusing to reduce its 30% App Store fee...

Facebook is calling Apple out for refusing to reduce its 30% App Store fee for a new Facebook feature that could help small business owners during the pandemic

Facebook said Apple refused to reduce its App Store fee for the social network's new paid feature that could help small business owners during the pandemic. Facebook executive... Read more ...

Kamala Harris has been called too ambitious to be Joe Biden's VP. But Tim...

Kamala Harris has been called too ambitious to be Joe Biden's VP. But Tim Kaine, who was Hillary Clinton's running mate in 2016, says no one would think that about a male candidate

Virginia Democratic Sen. Tim Kaine doesn't recall anyone calling him too ambitious or discussing his clothes or looks when he was Hillary Clinton's VP pick four years... Read more ...

Trump signals willingness to compromise on USPS funding

Trump signals willingness to compromise on USPS funding

President Donald Trump suggested Friday that he would be open to approving additional funding for the U.S. Postal Service if congressional Democrats agree to his legislative... Read more ...

Obama slams Trump's attacks on the Postal Service, says the current...

Obama slams Trump's attacks on the Postal Service, says the current administration is 'more concerned with suppressing the vote than suppressing a virus'

Former President Barack Obama on Friday accused President Donald Trump of attempting to suppress the vote with his recent attacks on the US Postal Service. Trump this week said... Read more ...

Government watchdog says Trump's acting Homeland Security chief is not...

Government watchdog says Trump's acting Homeland Security chief is not legally eligible to serve in the role

Acting Homeland Security chief Chad Wolf and acting deputy secretary Ken Cuccinelli are legally ineligible to serve in their current roles, a government watchdog has... Read more ...

Trump's younger brother, Robert, is hospitalized in New York

Trump's younger brother, Robert, is hospitalized in New York

WASHINGTON - President Donald Trump's younger brother, Robert Trump, has been hospitalized in New York, according to the White House. The president is expected to visit his... Read more ...

Billionaire Trump donor Stephen Ross is reportedly raising $100 million for...

Billionaire Trump donor Stephen Ross is reportedly raising $100 million for the next NYC mayoral race, and teaming with Mike Bloomberg's old deputy

New York billionaire Stephen Ross is considering raising $100 million to garner support for a candidate of his choosing in the city's next mayoral race, and a major partner in... Read more ...

Bank of America upgrades Tesla and sees 8% upside over the next year after...

Bank of America upgrades Tesla and sees 8% upside over the next year after more than doubling price target

Bank of America on Friday upgraded Tesla to "neutral" from "underperform" and raised its price target to $1,750 from $800. The new price target from the firm implies an 8%... Read more ...

Warren Buffett may have dumped his $5 billion JPMorgan stake last quarter...

Warren Buffett may have dumped his $5 billion JPMorgan stake last quarter, investor Chris Bloomstran says

Warren Buffett may have sold some, or all, of his $5 billion worth of JPMorgan shares last quarter. "Looks like JPMorgan is likely gone, or sold way down," tweeted Chris... Read more ...