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In 2015, Mark Cuban gave four entrepreneurs a valuable piece of advice for their start-up: “Don’t drown in opportunity.” They listened — at first. The four co-founders of Chicago-based Dude Wipes, a flushable toilet wipes company marketed towards men, met Cuban six years ago on Season 7 of ABC’s “Shark Tank.” After hearing their pitch,
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Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021. Kyle Grillot | Bloomberg | Getty Images Cathie Wood — known for her innovation ETFs that garnered billions in inflows during the pandemic — said Ark Invest is internally
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One concern that some lawmakers and academics share is whether policies that incentivize investments in capital, such as full expensing or bonus depreciation, may hurt workers by encouraging firms to automate. A new paper casts doubt on that concern and finds the opposite—low-skilled workers are most helped by policies that encourage capital investments because those
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Protesters rally against vaccine mandates on November 20, 2021 in New York City. Stephanie Keith | Getty Images As the latest wave of Covid-19 sweeps across Europe, governments across the region are once again tightening restrictions, with some specifically cracking down on their unvaccinated populations. In Austria, which has the second-lowest Covid vaccination rate in
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In this article JWN A shopper leaves a Nordstrom store on May 26, 2021 in Chicago, Illinois. Scott Olson | Getty Images Nordstrom on Tuesday reported earnings that fell short of analysts’ expectations as labor costs ate into profits and sales and its Nordstrom Rack business struggled to return to pre-pandemic levels. The news sent
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Shares of HP were up more than 8% in extended trading Tuesday after the computer hardware maker reported better-than-expected quarterly results and strong guidance for the current quarter. Here’s how it did versus Refinitiv consensus expectations for the quarter ending Oct. 31: Earnings: $0.94, adjusted, versus $.88 expected Revenue: $16.68 billion versus $15.4 billion expected
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In this article GPS A pedestrian walks by the closed GAP flagship store on August 18, 2020 in San Francisco, California. Justin Sullivan | Getty Images Gap Inc. shares tumbled Tuesday after the company slashed its full-year outlook, with fiscal third-quarter results falling short as Covid-related factory closures led to significant product delays in the
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