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payday

Asian shares poised to follow Wall Street's rocky lead

People wearing protective face masks look at a stock quotation board outside a brokerage in Tokyo

Reuters

By Chris Prentice(Reuters) - Asian stock futures were under pressure on Wednesday after a late, sharp sell-off on Wall Street and as oil prices slumped under pressure from swelling global supplies.Australian shares were expected to open lower as warnings of an economic slump and a spike in unemployment due to the coronavirus pandemic dampened sentiment. ...

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Wobbly U.S. fiscal response could deepen coronavirus recession

President Trump hosts coronavirus aid bill signing ceremony at the White House in Washington

Reuters

By Howard Schneider and David LawderWASHINGTON (Reuters) - The U.Instead of a quick "V-shaped" recession, with a deep drop but a fast and sharp rebound, delay could generate more chronic, systemic problems. ...

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Airbnb is reportedly paying a steep 10% interest on the debt it just raised in its $1 billion funding and its valuation is nearly half what it was in 2017

The investors were also offered warrants that can convert into stock based on a valuation of $18 billion, a significant drop from Airbnb's previous valuation of $31 billion, according to The Wall Street Journal.The company is paying a steep 10% in interest plus a benchmark rate called the London Interbank Offered Rate (LIBOR), which will amount to more than $100 million per year, The Wall Street Journal reported. ...

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Billionaire Bill Ackman doubled down on Hilton, Starbucks, and Berkshire Hathaway after the coronavirus sell-off

Bill Ackman's Pershing Square took a big hit to its stock portfolio during the coronavirus sell-off.The billionaire's hedge fund saw its stakes in Hilton, Burger King-parent Restaurant Brands, Lowe's, and Berkshire Hathaway tumble in value by upwards of 20% last quarter. ...

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Startup Away furloughs half of its staff and lays off 60 employees

Buzzy unicorn luggage startup has furloughed about half of its workforce and laid off another 60 corporate employees, a company spokesman confirmed to Business Insider.The unicorn luggage startup has furloughed about half of its workforce and laid off another 60 corporate employees, a company spokesman confirmed to Business Insider. ...

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A top YouTuber slammed Dasani over additive conspiracy theories. Experts say they don't hold water.

A trend of dunking on the taste and ingredients of Dasani bottled water.Coca-Cola's Dasani bottled water brand has faced some bumps in the road since its 1991 release. ...

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U.S. Treasury liquidity on the mend, but without Fed remains fragile

Without the Fed's intervention, analysts were concerned that liquidity would break down and market volatility would spike again.Through myriad programs, the Fed has bought more than $1 trillion in U. ...

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Trump takes aim at agency watchdogs: 'Give me the name'

It was unclear who might replace Fine, who also lost his title as acting inspector general.“Give me the name of the inspector general,” Trump demanded, before asking, “Could politics be entered into that? ...

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Trump challenges authority, independence of agency watchdogs

(AP Photo/Evan Vucci)

Associated Press

WASHINGTON (AP) — President Donald Trump is moving aggressively to challenge the authority and independence of agency watchdogs overseeing his administration, including removing the inspector general tasked with overseeing the $2.It was unclear who might replace Fine, who also lost his title as acting inspector general. ...

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Experts can’t agree on how long the coronavirus lingers in the air, and the controversy has huge implications for mask-wearing

Does the coronavirus linger in the air, or not?But the WHO stresses that there's "no evidence" healthy people wearing masks will do much to stop a pandemic. ...

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Airbnb is reportedly already looking to raise another $1 billion to see it through the coronavirus crisis

According to Bloomberg, the company is still on the hunt for further investment and has held talks of raising a further $500 million to $1 billion.The company is reportedly weighing up different types of debt, from first-lien debt to convertible notes. ...

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The fabulous life of Twitter CEO Jack Dorsey

From fighting armies of bots to quashing rumours about posting his beard hair to rapper Azealia Banks, Twitter CEO Jack Dorsey leads an unusual life of luxury.Scroll on to read more about the fabulous life of Jack Dorsey. ...

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Google's G Suite now has 6 million paying business customers, as it ramps up competition with Microsoft and Zoom

However, Google faces intense competition from Zoom, Microsoft Teams and Cisco WebEx, especially as an increase in remote work creates more demand for these tools.That represents an increase from the 5 million customers G Suite had in February 2019. ...

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The Global 5G Landscape Report - Business Insider

This is a preview of Business Insider Intelligence's Global 5G Landscape premium research reports.Business Insider Intelligence offers even more technology coverage with our Connectivity & Tech Briefing. ...

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All hotel change and cancellation policies due to the coronavirus pandemic: Marriott, Hilton, Hyatt, IHG, Four Seasons, Airbnb and more

Here's what you need to know about all of the major hotel and online booking platforms' cancellation and change policies.To help make the process easier, we've compiled a list of current hotel policies surrounding the COVID-19 virus. ...

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How to update apps on iOS 13 manually or automatically

To update apps on iOS 13, you'll need to head to your "Account" menu in the App Store.Most apps will update on their own, but you can use this page to manually update any apps that are queued up. ...

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Renter upset after landlord shows apartment during COVID-19 pandemic

Then, apartment management notified Might that potential new renters would be coming in to see the apartment, which happened Friday, Might said.It was quick, Might said, but everyone was closer than 6 feet. ...

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Finding joy amid the worry, fear and anger

We are living with immense uncertainty and considerable fear as the coronavirus steals its way across the country (and world).And cries from health care providers for the personal protective equipment, the ventilators and hospital beds they desperately need. ...

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Louisville doctor charged in Norton Commons social distancing assault

A local doctor has been charged in connection with a confrontation that was caught on video over the weekend in Louisville's Norton Commons neighborhood.John Rademaker, 57, of Prospect, was arrested Tuesday afternoon, according to a Louisville Metro Police statement, and charged with first-degree strangulation and three counts of harassment with physical contact. ...

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Social media reacts as musician dies from COVID-19

As soon as the news broke, his name and links to his songs filled social media as people mourned the loss of the 2-time Grammy winner.Such memorable lyrics about Kentucky: 'And daddy won't you take me back to Muhlenberg County Down by the Green River where Paradise lay. ...

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