More people will shop online this holiday season, sending sales soaring, according to Adobe. (Getty Images) Adobe Analytics forecasts U.S. e-commerce sales to rise by one-third this year, reaching a record $ 189 billion, but that number could hit $ 200 billion if stores shut down again and another round …
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The 1 Malaysia Development Berhad (1MDB) logo is seen through the window of a car in Kuala Lumpu, Malaysia, in 2016. AFP/Getty Images Goldman Sachs Group Inc. has agreed to a more-than-$ 2 billion settlement with the U.S. Justice Department for its role in Malaysia’s 1MDB scandal, Bloomberg News reported …
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Devon Energy Corp. and WPX Energy Inc. are in talks to combine, according to people familiar with the matter, in a move that could help the energy companies weather a prolonged industry slump. The companies are discussing an all-stock deal that would create an entity with a combined current market …
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Aurora Cannabis Inc.’s stock tumbled nearly 12% Tuesday, after the Canadian company said it’s recording up to C$ 1.8 billion ($ 1.4 billion) of goodwill impairment charges on some of its past acquisitions. Aurora ACB, +3.05% ACB, +3.22% had the most accumulated non-cash value on its balance sheet of the …
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President Donald Trump answers question during a press conference at the White House on Wednesday. AFP/Getty Images President Donald Trump said Wednesday he would support additional aid for airlines to keep workers on payroll. The president was asked about a plan from more than a dozen Republican senators to provide …
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BP logos are seen at a BP petrol and diesel filling station southeast of London on June 15, 2020, following the announcement that the oil giant will take a hit of up to $ 17.5 billion (11.4 billion euros and 15.3 billion euros), due to the ongoing COVID-19 global pandemic. …
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MacKenzie Scott said Tuesday she has donated about $ 1.7 billion of her fortune over the past year since her divorce from Jeff Bezos. The donations largely went to social-justice, public-health and climate-change organizations, Scott, a novelist and philanthropist, wrote in a Medium blog post. Scott — who recently changed …
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Semiconductor maker Analog Devices Inc. is in talks to buy rival Maxim Integrated Products Inc. for more than $ 17 billion in what would be one of the largest merger deals of the year, according to people familiar with the matter. Analog ADI, +0.20% and Maxim MXIM, -0.58% are discussing …
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In the race to gain a competitive edge in the burgeoning food-delivery business, the major players are carving up the U.S. map. Uber Technology Inc.’s UBER, +5.99% intention to acquire privately held Postmates Inc. for $ 2.65 billion after its failed bid for Grubhub Inc. GRUB, +4.42% is a case …
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