Zero-Sales Biotechs May Damage Your Financial Health

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China's biotech unicorns are chasing a big prize. Landing it may prove elusive. BeiGene Ltd. raised $903 million in a secondary listing in Hong Kong last week. The company’s market value has swelled to $9.4 billion since its 2016 initial public offering on the Nasdaq, despite the firm being at the “clinical stage”– a euphemism for having sales. Competitor […]

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Trump and Kim Can Learn a Thing or Two From Singapore

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U.S. President Donald Trump and North Korean leader Kim Jong Un are spending such a short amount of time in Singapore this week. Maybe they should stick around longer to see what makes its economy tick. Singapore is an especially wealthy nation, with a per capita income of bonuses attached that can double that sum […]

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Marcus, Casper, Oscar: Why StartupsAre Obsessed With Human Names

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“A person’s name is to him or her the sweetest and most important sound in any language.” Though Dale Carnegie was talking about nurturing relationships, a lot of startups these days are incorporating his observation into branding strategy. They are naming themselves after people.  Over the past few years, a crowd of new companies has emerged across […]

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Here Are the Stocks to Watch After Two Koreas Agree to End War

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Kospi index closed before agreement was announced Friday Kim pledges to close main nuclear weapons test site in May agreed to finally end a seven-decade war this year, and pursue the “complete denuclearization” of the Korean Peninsula. On Sunday, Kim agreed to look at ways to connect their rail and road networks. Builder Hyundai Engineering […]

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Amazon, Berkshire, JPMorgan Link Up to Form New Health-Care Company

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It’s no secret Jeff Bezos has been looking to crack health care. But no one expected him to pull in Warren Buffett and Jamie Dimon, too. News Tuesday that Bezos’s Amazon.com Inc., Buffett’s Berkshire Hathaway Inc. and JPMorgan Chase & Co., led by Dimon, plan to join forces to change how health care is provided to […]

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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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