Samsung Unveils Note 9, Upgraded Watchand Home Speaker

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Apple Inc.’s upcoming iPhones over the holidays. The 6.4-inch screen Note 9 will start at $999.99 and max out at $1,249.99 — becoming, at about $100 above the iPhone X’s upper limit, one of the world’s most expensive consumer phones. It looks similar to last year’s 6.3-inch Note 8 but sports a revamped Bluetooth stylus […]

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Cars Keep Getting Better. That Makes Disruption Harder.

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On Wednesday, Tesla Inc. announced its second-quarter results. Those results, along with Elon Musk’s apologies to analysts for his rudeness three months earlier, pushed its stock price up and 2025 bond yields down. During the earnings call, Musk and his colleagues said “improve” or “improvements” 14 times in describing everything from Tesla’s production lines to […]

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The Worlds Highest Paid Expats Live in This Place

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Go East, expatriates looking to make the big bucks. Mumbai, India’s financial, commercial and entertainment capital, tops global rankings for expat salaries, according to a survey conducted by HSBC Bank International Ltd. Foreigners moving to the subcontinent’s most populous city reported average annual earnings of $217,165. That’s more than double the global expat average of $99,903, the […]

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Netflix is now worth more than $100B

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Netflix crossed a fun milestone today, crossing the $100 billion mark for its market cap as it once again surprised industry observers with better-than-expected growth in its subscribers. We’ll get to the financial numbers in a minute but, as usual, the big story here is that it continues to wow Wall Street with impressive growth in […]

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Everything You Need to Know About the GOP Tax Bill

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Here are key changes to U.S. tax law for individuals and businesses that have emerged from the final Republican bill that’s headed for votes in the House and Senate next week. Individual Tax Rates (Note: Individual rate cuts would expire after 2025.) Current law: Seven rates, starting at 10 percent and reaching 39.6 percent for […]

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A Manager of $42 Billion Fears Bubble in World’s Biggest Stocks

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The world’s biggest companies could be hiding the biggest risks. That’s because companies such as Amazon.com Inc. and Alibaba Group Holding Ltd are overvalued, according to Robert Naess, who manages about $42 billion in stocks at Nordea Bank AB, Scandinavia’s largest bank. “I’m a bit worried about the valuation of these very popular companies,” Naess, […]

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NFL’s Litany of Excuses Runs Out After Ratings Fall for Second Year

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TV networks are running out of excuses for the dwindling popularity of the Walt Disney Co. set to report earnings in the next few days, analysts are bound to raise questions. These companies have used the popularity of the games to extract additional fees from cable operators, promote other shows on their networks and sell lots […]

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Blue Apron is having a really bad day

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Things are not going so well for Blue Apron this morning after reporting its second-quarter earnings (its first earnings report ever), and the stock is crashing as a result of it. The companys stock is down more than 14 percent on the earnings report, which came in pretty mixed compared to what Wall Street wanted. […]

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