Business

The space industry is valued at over $350 billion but Morgan Stanley is telling its clients to pay attention to a market that could grow very quickly, as the firm said it expects “significant development” from space ventures. “Some investors struggle to understand the investment significance of space,” Morgan Stanley analysts wrote in a note
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JSW Steel USA is investing $1 billion in facilities in Mingo Junction, Ohio, and Baytown, Texas, President and CEO John Hritz told CNBC. “We are going to be hiring over 1,000 people,” Hritz said on “Closing Bell” on Thursday. The U.S. steel mill, headquartered outside Houston, produces hot-rolled plates and pipes. The capital expansion projects
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Canada’s upper house of parliament on Tuesday approved a revised bill to legalize recreational marijuana, setting the stage for the country to become the first Group of Seven nation to legalize cannabis. The Senate voted 52-29 in favor of the revised bill from the elected House of Commons, paving the way for a fully legal
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The Trump administration is poised to announce its departure from the United Nations’ main human rights body in its latest withdrawal from an international institution. Officials say Secretary of State Mike Pompeo and U.S. Ambassador to the United Nations Nikki Haley will deliver the verdict on the U.N. Human Rights Council in a joint appearance
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U.S. online survey company SurveyMonkey on Monday said it had confidentially registered for an initial public offering with the Securities and Exchange Commission, through its parent SVMK. The number of shares to be offered and the price range for the proposed offering have not yet been determined, the company said. In May, sources told Reuters
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Hard work and dedication propelled these people to the CEO positions they hold today, but they all received an education that put them on the path for professional success. The leaders who run the top companies in the nation attended a variety of schools to build a strong academic foundation. See where the CEOs at
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Taiwanese electronics manufacturer Foxconn said it would establish its North American corporate headquarters in Milwaukee, Wisconsin, following the purchase of a building in the city’s downtown area. In a statement, Foxconn said more than 500 people would work at the seven-story building in downtown Milwaukee. The announcement comes almost a year after the company disclosed
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J.P. Morgan added Weight Watchers to the firm’s list of “overweight” stocks, saying the weight loss company is poised for “outsized” growth as it looks to add more big-name celebrities through its partnership with Oprah Winfrey. “Management stabilized the trajectory … by revamping its points program, significantly improving the mobile platform, and recruiting pivotal social
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