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 Goldman Sachs is planning to name President David Solomon to succeed Lloyd Blankfein as chief executive officer as early as this week, the New York Times reported late Sunday, citing unnamed sources. People had widely expected Solomon to be tapped for the powerful post since his appointment as the investment bank's president in March, the newspaper said. However, the official announcement of his promotion had not been expected until later this year, the report said. Goldman Sachs is scheduled to report second-quarter earnings on Tuesday. The bank's stock fell 0.4% to close at $226.41 on Friday and is down 11% for the year, underperforming the S&P 500 which is up 4.8%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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CleanTechnica
July 15th, 2018 by Zachary Shahan. I thought the Model 3 would be great, top of its class, similar to the Model S we've had for approximately a year. However, it seems I was caught off guard due to Tesla's incessant improvements and all of the nitpicky
Is Elon M
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Quartz
Running a sale on an e-commerce portal in India is tough. Given the massive demand, most such events experience website crashes and app failures. But that is not deterring Amazon from holding its flagship Prime Day sale in the country for the second
Why Prime Day is important
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Dick Bove, Hilton Capital Management's chief strategist, said the three major U.S. banks that have reported earnings have one thing in common: Their capital hasn't grown by much since a year ago.
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France took the World Cup with a 4-2 victory over Croatia. After a final that combined moments of individual shine with jaw-dropping fortune, Les Bleus lifted the trophy for the second time in their history, 20 years after the first.
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Paul Simon is bringing down the curtain on his five-decade touring career. He has just finished a concert billed as "Homeward Bound: The Farewell Performance" in London's Hyde Park.
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The uranium mining giant is off to a great start to the year for a couple of reasons.
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The mobile-game publisher's stock is up more than 140% over the past year.
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 Jul.15 -- China's gross domestic product increased 6.7 percent in the second quarter from a year earlier, the same as forecast in a Bloomberg survey. Grace Ng, a China economist at JPMorgan Chase & Co. in Hong Kong, weighs in, and also discusses the trade dispute with the U.S. on "Bloomberg Markets: Asia" with Rishaad Salamat.
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TODAY Derek From is a successful lawyer in Canada. Twelve years ago, he was roughing it in Arizona, trying to break into the recording industry. So he started selling his blood plasma. Twice a week, he sat for an hour in a Grifols Biomat centre, as an apheresis machine whirled, siphoning the plasma out of his blood. For this, he took home $45. "As a poor person" at the time, he found that "a huge economic benefit".
It was also part of a thriving industry. Blood products made up a remarkable 1.6% of American exports in 2016. Since 2005 blood-plasma collections have nearly quadrupled. To critics, this is evidence of a rapacious industry coercing the poor to auction bits of themselves to make ends meet. In fact, plasma, 90% of which is water, is quickly replenished. Giving it has no obvious negative health effects—though the long-term consequences of repeated siphoning have not been fully studied. Strict testing (and later heat-treating) of the extracted plasma ensures that those with communicable...Continue reading
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Private Label