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Better Buy: Apple (AAPL) vs. Amazon (AMZN) Stock

Apple (AAPL) and Amazon (AMZN) are two of the richest companies in the world, and both have helped shape the modern economy. Both stocks would have also been some of the best investments ever, had investors bought AAPL or AMZN years ago, but it’s not too late to get in on the action. So let’s see which stock looks like the better buy at the moment. …read more […]

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Twitter’s Jack Dorsey Agrees to Appear Before a House Committee

Twitter Inc. Chief Executive Officer Jack Dorsey will testify before the House Energy and Commerce Committee on Sept. 5 on how the company monitors and moderates user content, the panel announced Friday. Dorsey, who is said to be planning testimony on Russian election interference before the Senate Intelligence Committee the same day, will address algorithms and content moderation, according to the announcement. Twitter and other social media companies have been accused by prominent Republicans of censoring conservatives and their opinions. …read more […]

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Mexico government seeking companies for Alibaba e-commerce deal

Nearly a year after Mexico’s government began recruiting local exporters to sell avocados, tequila and other goods wholesale with Alibaba, China’s biggest e-commerce site, the trade body responsible still needs to sign up dozens more to meet its goal. Twenty-four companies are now approved to export to businesses in China and other countries as paying members on business-to-business platform Alibaba.com, said Carlos Alvarez, a project coordinator at government trade and investment group Promexico, in an interview. The Mexican government signed a deal with Alibaba last September to help small- and mid-sized businesses enter Mexico’s nascent e-commerce industry alongside …read more […]

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Lisa Brennan-Jobs said she would give her father's billions to the Bill and Melinda Gates Foundation if she could

Lisa Brennan-Jobs’ upcoming memoir, “Small Fry,” describes her relationship with her father, Apple founder Steve Jobs. Brennan-Jobs received an inheritance after her father’s death, but his $20 billion fortune is controlled by Laurene Powell Jobs. …read more […]

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Robin Leach of ‘Lifestyles of the Rich and Famous’ dies

Robin Leach, whose voice crystallized the opulent 1980s on TV’s “Lifestyles of the Rich and Famous,” died Friday. Leach’s family said through a public relations firm that he died in Las Vegas, where he made his home. Leach had a stroke in November while on vacation in Mexico that led to a months-long recovery, much of which he spent at the Cleveland Clinic in Ohio before returning to Las Vegas in June. …read more […]

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U.S. Fed's Powell defends policy of gradual interest rate hikes

Federal Reserve Chairman Jerome Powell on Friday defended the U.S. central bank’s push to raise interest rates as healthy for the economy and signaled more hikes were coming despite President Donald Trump’s criticism of higher borrowing costs. The Fed, which began to tighten monetary policy in 2015, has raised rates twice this year and is widely expected to do so again next month and in December. Powell made no mention of Trump’s criticism of the Fed’s monetary policy. …read more […]

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Buy Netflix (NFLX) Stock After International Expansion Upgrade?

Shares of Netflix (NFLX) surged over 4% Friday on the back of an analyst upgrade, which helped cap off a strong week for the streaming TV titan amid what had been a dismal post-earnings stretch. So let’s take a look at the reasoning for the upgrade, along with some other Netflix news, before we see if it might be time to buy Netflix stock. …read more […]