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Yahoo BusinessAug 08, 2020
Twitter expressed interest in buying TikTok's U.S. operations - sources
It is far from certain that Twitter would be able to outbid Microsoft Corp and complete such a transformative deal in the 45 days that U.S. President Donald Trump has given ByteDance to agree to a sale, the sources said on Saturday. The news of Twitter and TikTok being in preliminary talks and Microsoft still being seen as the front-runner in bidding for the app's U.S. operations was reported earlier by the Wall Street Journal.


Forbes HeadlinesAug 08, 2020
Trump's Much-Hyped Plan For Kodak Pharmaceuticals Put On Hold
The deal, made possible by new executive orders from President Trump, was designed to bolster the domestic response to Covid-19 under the Defense Production Act.

KiplingerAug 07, 2020
Stock Market Today: Strong July Jobs Report Has a Dark Side
Wall Street got the July jobs report it was hoping for, but the market didn't do much with it.

The Labor Department on Friday reported that the unemployment rate dropped to 10.2% last month, from 11.1% in June, as the U.S. added nearly 1.8 million jobs. That total was better than economists' estimates, though far lower than the 4.8 million jobs tacked on in June.

SEE MORE 10 Best Cloud Stocks to Buy for Rapid Growth But investors didn't reap many gains in blue-chip stocks. While the small-cap Russell 2000 soared 1.6% to 1,569, the Dow Jones Industrial Average finished the day with a modest 0.2% improvement, and the S&P 500 inched ahead by a mere 2 points to 3,351.

The Nasdaq Composite fared much worse, declining by 0.9% to 11,010 as hot-running components such as Apple (AAPL, -2.3%), Microsoft (MSFT, -1.8%) and Amazon.com (AMZN, -1.8%) stalled out Friday.

"While the U.S. economy added more jobs and the unemployment rate fell (both better than expectations), the July increase in non-farm payrolls confirms that the rise in new virus cases did slow the economic recovery to some extent," writes Gene Goldman, chief investment officer at Cetera Investment Management, a broker-dealer network encompassing more than 8,000 advisors and $250 billion in assets. 

"One worry about


USA Today MoneyAug 05, 2020
Dems, White House inch closer on coronavirus stimulus deal with hopes of agreement by end of week
The White House's lead negotiators said they might halt talks on a stimulus package if a deal is not reached by Friday.       
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