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Capital Calls: Bank of America, WeWork, Kering

– Kering rebounds Dodging the question. Sometimes democracy brings change. At Bank of America, it brought more of the same. The bank’s shareholders voted on Monday against a proposal to audit the lender’s impact on communities of color, according to a preliminary tally. That will please rivals JPMorgan, Wells Fargo, Citigroup and Goldman Sachs, whose shareholders face the same question in coming weeks. They should see it as only a temporary reprieve. Big U.S. banks are keen to tout their ...
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Capital Calls: WeWork's crypto dreams

BreakingviewsCapital Calls: WeWork’s crypto dreams Reuters 3 minutes read A representation of virtual currency Bitcoin and U.S. One Dollar banknotes are seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic Concise insights on global finance in the Covid-19 era. ------------------------------------------------ RENT NOW, PAY VIRTUALLY. Companies can now pay for their rent at WeWork in select cryptocurrencies. The shared office provider said Tuesday it...
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Breakingviews - Corona Capital: Wilbur Ross, Bumble IPO, Vax bump

8 Min Read NEW YORK/WASHINGTON/MELBOURNE/LONDON (Reuters Breakingviews) - Corona Capital is a daily column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. Logos of ExxonMobil are seen in its booth at Gastech, the worlds biggest expo for the gas industry, in Chiba, Japan April 4, 2017. REUTERS/Toru Hanai LATEST - Uber’s intoxicating deal BLACK TAR. Exxon Mobil boss Darren Woods made a rare appearance on the $190 billion oil g...
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Breakingviews - Corona Capital: Commercial real estate, IBM

7 Min Read NEW YORK/LONDON/MELBOURNE/MUMBAI (Reuters Breakingviews) - Corona Capital is a column updated throughout the day by Breakingviews columnists around the world with short, sharp pandemic-related insights. The north view of the Manhattan skyline is seen from the 86th floor observation deck of the Empire State Building in midtown Manhattan, as the iconic tower prepares to open to more tenants and visitors following the outbreak of the coronavirus disease (COVID-19) in New York City, New ...
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Breakingviews - MRNA is a $120 billion bet on platform, not vaccines

3 Min Read A researcher works inside a laboratory of Chulalongkorn University during the development of an mRNA type vaccine candidate for the coronavirus disease (COVID-19) in Bangkok, Thailand, May 25, 2020. REUTERS/Athit Perawongmetha NEW YORK (Reuters Breakingviews) - Biotech firms Moderna and BioNTech used a biotechnology known as messenger RNA, or mRNA, to produce vaccines effective against Covid-19 with miraculous speed. That has pushed the combined worth of specialists in this emerging ...
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