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Two Ways to Resolve the Opioid Crisis

I always thought that the Vietnam War would be the worst mass killer of Americans I’d see in my lifetime. More than 58,000 American soldiers died.
But the opioid epidemic’s appalling toll amounts to nearly seven Vietnam Wars.
Opioid addiction is a national tragedy. Opioids have caused more than 400,000 deaths in America alone. And when counting the friends, family and loved ones of those victims, millions more have suffered.
It’s also a deeply personal tragedy shared by millions of Americans. I’ve written about addiction in my own family.
Enough is enough. I’m for anything that fights or reduces opioid addiction. And I mean …read more […]

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Microsoft’s Head of AI and Research to Leave the Company

(Bloomberg) — Microsoft Corp. said Harry Shum, who oversees research and artificial intelligence at the world’s largest software maker, will leave the company in February. Chief Technology Officer Kevin Scott will take over Shum’s duties effective immediately.Shum, a 23-year Microsoft veteran with a doctorate in robotics, was one of the founding members of Microsoft’s research lab in Beijing and also ran Bing search engine product development. He plans to depart Feb. 1, and then will be an adviser to Chief Executive Officer Satya Nadella and co-founder Bill Gates, Microsoft said Wednesday in a statement.“Harry has had a profound impact on …read more […]

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Despite Headwinds, Aurora Cannabis (ACB) Stock Is Still a Solid Long-Term Investment

With Aurora Cannabis (ACB) ready to report first quarter results after the closing bell on Thursday, November 14th, the question arises as to whether or not the company will show signs of strength in the near term, or it’ll report numbers that aren’t inspiring at this season of time in its progress.In this article we’ll look at why investors and/or shareholders need to temper their expectations for Aurora in the near term, and why the long-term outlook remains strong.Near-Term OutlookIn the short term I don’t see any significant positive catalysts that will drive the share price of the company up. …read more […]

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CME Plans to Start Brazilian Soybean Futures With B3 Exchange

(Bloomberg) — CME Group Inc. plans to start Brazilian soybean futures with the country’s B3 exchange, giving traders a new hedging tool as the U.S.-China trade war disrupts the global flow of beans, people familiar with the matter said.The contract for soybeans loaded at the port of Santos, Brazil’s biggest, would be cash-settled, according to the people, who asked not to be identified because the plan hasn’t been announced. Futures will be based on assessments by a price-reporting agency, most likely S&P Global Platts, the people said.Brazil has become a powerhouse in soybeans and overtook the U.S. as the top …read more […]

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RF Capital Bets On Garrett Motion, Trims Position in Joint Corp

RF Capital Management released its 2019 Q3 investor letter – you can download a copy here. The investment management company reported a 6.98% decline in its quarterly returns. On the other hand, the S&P 500 index returned 1.7%, bringing its year-to-date return to 20.6%. Insider Monkey follows corporate insiders and hedge funds to identify profitable investment ideas in advance. In addition […] …read more […]

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UPDATE 1-African swine fever in China more severe than previously thought – ADM CFO

China’s African swine fever outbreak is far more severe than previously thought and the full impact of the disease on animal feed producers has yet to be realized, U.S. agribusiness company Archer Daniels Midland Co said on Wednesday. The fatal pig disease has slashed China’s hog herd by as much as half since August 2018 and has already lifted margins for processing soybeans into animal feed, Ray Young, ADM’s chief financial officer, told the Stephens Nashville Investment Conference. Millions of pigs have died from or been culled to control African swine fever (ASF) in China and other Asian …read more […]

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Fannie-Freddie Might Not Sell Shares Until 2022, Watchdog Says

(Bloomberg) — Fannie Mae and Freddie Mac’s regulator said the mortgage giants will likely be ready for public offerings by 2021 or 2022, a key step toward their exits from government control.Federal Housing Finance Agency Director Mark Calabria, speaking Wednesday at a housing finance policy conference in Washington, said he expects that his agency will have a rule dictating capital requirements in place before Fannie and Freddie go to market. He said they may face a period where they operate under a consent decree in which they technically exit conservatorship but aren’t free of the government’s grip.“If all goes well, …read more […]

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Conventional Oil and Gas Discoveries Hit 70-Year Lows

It would seem that electric vehicles are taking over from internal combustion engine (ICE) vehicles at the right time. Or should I say, just in time?
Whether you invest in oil and gas or drive an ICE vehicle, you should pay close attention to this trend. I’m talking about the big decline in conventional oil and gas discoveries.
Over the last three years, new oil discoveries hit a 70-year low, according to an IHS Markit report. And there is no indication there is going to be any kind of rebound.
The lack of discoveries is a direct result of a pullback in wildcat …read more […]