Shares of Bank of America Corp. BAC, -1.42% hit 1.42% to $ 26.35 on Thursday, proving to be a very fierce trading session for the stock, with the S&P 500 Index SPX, -0.20% fell 0.20% to 3,373.43 and Dow Jones Industrial Average DJIA, -0.28% falling 0.29% to 27,896.72. This was …
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The maker of “Fortnite” has launched a Battle Royale against Apple Inc., accusing the tech giant of seeking to “maintain its legitimacy of its monopoly.” Epic games said Thursday it has filed legal papers against Apple AAPL, + 1.77% after the iPhone maker launched the company’s hit game “Fortnite” from …
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Cisco Systems Inc. shares recorded their worst one-day drop in nearly a decade Thursday, following the network giant’s decision to circle the wagons in the form of cost cuts, as the company suffers from increasingly selective business expenses during the COVID-19 pandemic. Cisco CSCO, -11.18% shares, which fell as much …
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US users of Facebook Inc. those voting on voting may soon begin to look at fact-checking notes added to their announcements about the Nov. 3 presidential election. The addendum will refer to a new voter information hub similar to the one about COVID-19 that Facebook says has been seen by …
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Economist Joseph Stiglitz famously warned that the only perfect hedge is a Japanese garden. As the UK economy sinks into recession, with 1 million jobs lost and hundreds of thousands of companies at risk of collapse, many investors will be asked to stack in so-called recession-resistant stocks. Russ Mold, investment …
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