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Shareholders entitled to opioid distributor's board records

A Delaware judge has ordered one of the world’s largest distributors of opioid painkillers to turn over corporate records to shareholders investigating whether the company engaged in wrongdoing. “The plaintiffs have shown by a preponderance of the evidence that there is a credible basis to infer that AmerisourceBergen possibly violated the Controlled Substances Act,” Vice Chancellor J. Travis Laster wrote. …read more […]

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Investing in Technology

Machine learning, artificial intelligence, virtual reality, blockchain, 5G…these are just some of the things that come to mind when we look at emerging modern technologies. The 4th industrial revolution is certainly well underway. Staying up to date on the latest tech trends and inventions is absolutely critical for investors this year and moving forward.

Thinking of Investing in Technology?
If you’re interested investing in technology, look no further than our Tech Stocks hub page. Here we discuss how technology has not only opened new doors to investors, but also has increased the speed at which wealth is built.
Profit Trends’ Energy Expert David …read more […]

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iShares U.S. Aerospace & Defense ETF Could Outperform Following a Middle East Crisis Event

According to CNBC, defense companies have historically outperformed the broader market over the six months following a crisis event in the Middle East.
According to data going back to the 1990 Gulf War, the defense sector averaged a 6.7% return after 19 separate “Middle East crisis events” over the past three decades.
This outperforms the 3.3% average return for the S&P 500 over the same time frame.
So, when Middle East tensions once again flared up earlier this month – which could lead to more military action as the 2020 year progresses – I thought it would be a smart idea to look …read more […]

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Uber and Lyft 'cut costs at the expense of workers,' says California lawmaker

Controversial California law, AB-5, went into effect on January 1 – but ride-hailing giants Uber and Lyft are continuing to challenge the legislation, which aims to disrupt the gig economy in a way that benefits its most vulnerable workers. State Assemblywoman Lorena Gonzalez, who authored AB-5, joins The Final Round to discuss. …read more […]

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PG&E’s $1.7 Billion Fire Settlement Could Mean a Big Tax Break

(Bloomberg) — PG&E Corp.’s $1.68 billion settlement agreement with California over wildfires sparked by its power lines could save the bankrupt utility about $470 in million in taxes.Nearly all the wildfire recovery and prevention work included in the agreement should be deductible from both its state and federal taxes, PG&E said in a regulatory filing late Friday.The agreement reached with state regulators in December covers Northern California blazes in 2017 and the 2018 Camp Fire, the deadliest in state history. As part of the deal, PG&E agreed not to saddle customers with $1.63 billion in costs it will incur preventing …read more […]

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Apple could be close to a $2T company in 2020: Munster

Apple’s stock has been soaring over the past 12 months. According to analyst Gene Munster, Apple could be a $2 trillion company in 2020. Constellation Research Principal Analyst Ray Wang joins Yahoo Finance’s Zack Guzman, Emily McCormick and CapitalistBook.com author Nathan Latka to discuss. …read more […]