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Wells Fargo Reverses Course On Ending 401(k) Match After “Swift Backlash” From Affected Employees

Wells Fargo has reversed course from a decision it made mid-week last week to stop matching 401(k) contributions for its highest earning employees. As Bloomberg notes, the decision didn’t go over very well with employees and, by Friday, the bank had already reversed course on its decision. There was “swift backlash” to the decision from affected...

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Europe’s regional leaders chafe at curbs from above as second wave hits

First Madrid, then Marseille, and now Manchester and Munich. Political leaders in some of Europe’s biggest cities have fiercely resisted coronavirus restrictions imposed by national governments in a sign of how disagreements between central, regional and local authorities are increasingly weighing on efforts to contain the pandemic. The UK in the past week joined a...

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Coca-Cola Is About To Break Out (NYSE:KO)

Image source Drinks maker Coca-Cola (KO) has been performing quite well of late. The stock took a fair bit of punishment earlier this year, and while that was certainly warranted given the conditions, it appears to me the recovery is visible enough to support the buying we’ve seen of late. I’ve annotated this chart much...

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Welsh People Blocked From Buying “Non-Essential” Items Due To Lockdown

Authored by Paul Joseph Watson via Summit News, People living under new lockdown rules in Wales have been prevented from buying so-called “non-essential” items, which are being covered with plastic sheeting at supermarkets. “Non-essential items being covered up in supermarkets in Wales. Has it really come to this?” asked journalist Grant Tucker. The image shows...

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Drive-through democracy: Texas official makes voting easier

There are benefits to drive-through voting as Joy McCormack, 45, discovered last week when she accepted the invitation of a poll worker at NRG Park in Houston, Texas, and steered her SUV towards a tent in the parking lot. Not more than 20 minutes later, without ever leaving her vehicle, she had cast her ballot...

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The world must prepare for a contested US election

The writer is an Oxford university professor and Hoover Institution senior fellow Democracies everywhere must prepare for the contingency of a contested result in the most important US election in living memory. Learning from the disarray around the disputed 2000 election, they should have an informally co-ordinated stance. Listening to international election monitors, they should...

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Housing REITs Remain Cheap | Seeking Alpha

The batch of housing REITs we’re going to discuss in this article is shown below: Ticker Subsector Company Name Ticker Div Yield AFFO or Core Yield RESI Single-Family Rental Front Yard Residential Corp RESI 0.00% 3.67% AMH Single-Family Rental American Homes 4 Rent AMH 0.67% 3.52% INVH Single-Family Rental Invitation Homes Inc INVH 2.13% 3.91%...

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Magic Novichok

Via Craig Murray, The security services put an extraordinary amount of media priming effort into explaining why the alleged novichok attack on the Skripals had a delayed effect of several hours, and then failed to kill them. Excuses included that it was a cold day which slowed their metabolisms, that the chemical took a long time to...

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Trump and racial justice rally black voters in Wisconsin

It was President Donald Trump who inspired Wisconsin high school student Courvosia Cotton to vote. Mr Cotton lives in Milwaukee, a city in a battleground county in a battleground state. He turned 18 on June 1, days after the country erupted into protest after a white police officer killed Minnesota resident George Floyd. The black...

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Visualizing All Of Earth’s Satellites: Who Owns Our Orbit?

For centuries, humans have looked to space and the stars for answers. The fascination is more than philosophical – it’s coupled with the need to solve problems here on Earth. Today, as Visual Capitalist’s Therese Wood details below, there are seemingly countless benefits and applications of space technology. Satellites, for instance, are becoming critical for...

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Italy set to introduce its harshest pandemic restrictions since May

The Italian government is expected to introduce the harshest public health restrictions since the end of its first national lockdown in May as new coronavirus cases hit a fresh daily record on Saturday. A draft government decree leaked to multiple Italian media outlets on Saturday suggested that Giuseppe Conte, prime minister, was preparing as early...

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Non-OPEC Oil Production Starts To Rebound

By Ovi at peakoilbarrel Below are a number of oil (C + C ) production charts for Non-OPEC countries created from data provided by the EIA’s International Energy Statistics and updated to June 2020. Information from other sources such as OPEC, the STEO and country specific sites is used to provide a short-term outlook for...

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France broadens retail investor access to private equity

France’s state-backed investment bank BPI has launched an innovative fund to provide access for retail investors to private equity strategies as part of a government plan to encourage greater participation in long-term investments. France’s push to open private equity to retail investors follows similar moves in the US and comes amid a growing debate over whether...

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Sweden Refuses To Impose New Lockdown Measures, Saying People Have Suffered Enough

Authored by Paul Joseph Watson via Summit News, Health authorities in Sweden have refused to follow the rest of Europe by imposing new coronavirus lockdown measures on their population, arguing that those beset by loneliness and misery of being isolated have suffered enough. Despite Sweden mirroring other countries on the continent with rising coronavirus infections,...

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Gold, Tech, And Clean Energy Plays Attract Assets

Since the COVID-related market meltdown in March, equity funds (including ETFs) have continued to suffer net outflows despite the average equity fund moving into positive territory and posting a year-to-date return of 2.93%. They have handed back some $317.0 billion year to date (their largest net outflows for any full one-year period) through the Refinitiv...

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NantKwest COVID-19 Candidate, And Other News: The Good, Bad And Ugly Of Biopharma (NASDAQ:NK)

NantKwest announces initiation of second generation COVID-19 vaccine candidate NantKwest Inc. (NK) announced that it has dosed the first participant for its clinical trial of hAd5-COVID-19. The vaccine candidate uses a second-generation adenovirus to deliver multiple proteins of the SARS-CoV-2. The trial is currently enrolling healthy adult participants of up to age 55. The main...

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Hurrah for the companies giving staff more time off

On the first Monday of this month, millions of people woke to a beeping alarm, rubbed their eyes and plodded off to get ready for another week of work. At Unilever, they stayed in bed. Or went to the beach, or binged on Netflix or did whatever else took their fancy because their company had...