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The Space-Linked Internet Investing Idea Bill Gates Has Backed Since 1990s
Bill Gates has been a believer in new technology for satellite internet since the 1990s and failed Teledesic. A recent investment in Kymeta is his longest bet.
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The Silicon Valley Fallout From Waging Economic War Against Russia
Silicon Valley links between VCs, Russian founders and investors have created a range of issues as a result of the invasion of Ukraine and business retreat.
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For Vodka, America's Most-Popular Spirit, the Trouble Started Before Russia Invaded Ukraine
Vodka has long been the dominant spirit in the U.S. market, but the rise of tequila and whiskey, and now its ties to Russia, has lessened that gap.
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Cryptocurrency Companies Take Multimillion-Dollar Step Into Sports
The NBA, MLB and the NWSL are just some of the sports leagues that are now signing deals with cryptocurrency platforms as the popularity of crypto explodes.
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Buffett-Backed Nubank Closes Up Nearly 15% in Trading After Blockbuster Fintech IPO
Brazilian fintech company Nubank makes its market debut Thursday on the New York Stock Exchange trading under the ticker symbol “NU.”
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Retail Icon Mickey Drexler on Breaking Up Department Stores: “I Don't Get It.”
Saks, Macy’s and now Kohls. Big retailers are keeping up with the e-commerce times but investors say they aren’t seeing it in stock market valuations.
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Buy Now Pay Later Boom Shows No Signs of Slowing This Holiday Season
The popularity of buy now, pay later credit providers like Affirm, Klarna and Afterpay has boomed amid the pandemic, and the payment option isn’t slowing down.
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Shoppers Are Buying From Resale Retailers More Than Ever. Here's Why
The market for secondhand and new-with-tags items is booming as consumer habits change and they seek out hard-to-find luxury items.
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Small Business Saturday Holiday Shopping Is Back, and Maybe Changed Forever
A CNBC|Momentive Small Business Survey for Small Business Saturday shows how high prices and low inventory are influencing consumer holiday shopping plans.
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On Black Friday, Here's How Holiday Shoppers Feel About Inflation, the Supply Chain and Inventory
Shoppers are not excited to shop across Black Friday, Small Business Saturday, and Cyber Monday this holiday season as factors like inventory and pricing weigh.
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Why Thanksgiving Dinner Could Cost More This Year
With turkey prices rising, Thanksgiving dinner this year might end up being one of the priciest holiday meals on record.
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Inside Mark Zuckerberg's Metaverse, How Will the World of Advertisements Look?
Facebook now Meta Platforms is primarily an ad revenue company and Madison Avenue already is at work on figuring out how to rethink ads for the virtual future.
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Why Billionaire Jeff Vinik Is “Taking the Over” on Workers Going Back to the Office
Jeff Vinik is overseeing a $3.5 billion development in downtown Tampa that is betting on workers returning to offices, something he said he’s bullish on.
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The Benefits and Risks When Using Buy Now, Pay Later for Holiday Shopping: Credit Experts
The ‘buy now, pay later’ alternative to credit cards will be popular this holiday season, but it does not come without consumer risks.
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How Peloton Is Trying to Stay Ahead of Supply Chain Issues
Peloton’s massive sales uptick amid the pandemic put even more pressure on the company’s supply chain as global shipping and freight remain in crisis.
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Amazon Launches In-Store Pickup Option for Items From Local Businesses
Sellers can offer in-store pickup and fast local delivery to Amazon shoppers who live near the merchant’s brick-and-mortar stores.
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Here's How Crocs Avoided Some of the Pain of Shipping Delays and Factory Closures
Crocs says it has created a playbook to manage through the supply chain crisis with mitigated impact.
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Goldman Sachs Enlists American Express to Take on Cash Management Titans Like Citigroup
Goldman and AmEx are teaming up to take on big banks and fend off fintech upstarts.
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Do You Need to Start Holiday Shopping Even Earlier This Year? Here's What Retail Experts Say
Supply chain issues are driving early holiday deals as retailers chase anxious consumers. But some experts say gift buying isn’t yet the focus of shoppers.
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Golf's Growth in Popularity Is Much Bigger Than a Pandemic Story
Golf has soared in popularity amid the pandemic, and it appears that trend will continue as golf equipment and golf course rounds played has continued to spike.