Month: May 2019

Luxury Miami homes on an island Getty It’s been more than six months since the U.S. Treasury’s money laundering enforcement arm expanded ownership disclosure requirements for all cash real estate deals in South Florida to include any transactions of $300,000 or more. For the first time, the Financial Crimes Enforcement Network also cast the net beyond Miami-Dade
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Dyson, a British manufacturer best known for vacuums, fans, air purifiers and hand dryers, could add electric vehicles to its product portfolio, the company confirmed this week, releasing images of new patents it has received. “We’ve been researching motors, batteries, aerodynamics, vision systems and robotics for 22 years. Now the time is right to bring
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The U.S. government on Friday approved the formation of a new Silicon Valley stock exchange following a regulatory criticism late last year. Backed by top Valley figures such as venture capitalist Marc Andreessen, the Long-Term Stock Exchange was born out of concern from the nation’s tech elite who were frustrated that the public market’s focus
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The Trump administration a year ago began sending American businesses a clear-cut message to get out of China, CNBC’s Jim Cramer said Friday. Despite another round of tariff increases Friday and a new episode in tense U.S.-China trade relations, many companies heard the message loud and clear. “Nearly everyone in the business community saw this
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Facebook co-founder Chris Hughes says Facebook should be br9ken up.  Getty Chris Hughes, a Facebook co-founder who says he sold all of his shares in 2012, believes the company should be broken up. He was as wrong about Facebook in 2012 as he is now. Here are three reasons Facebook should not be broken up.
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(Photo by Leon Neal/Getty Images) Getty Telefonica-owned U.K. mobile operator O2 has partnered with U.K.-based Wireless Infrastructure Group to bring 5G to U.K. hotels, shopping malls, sports stadiums, and conference centers. The multi-million-pound investment is designed to deliver enhanced connectivity to these busy public spaces. “This significant investment in our network will give O2 customers an even
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Symantec stock fell as much as 15% Thursday after the security company said its president and CEO, Greg Clark, has stepped down. The company is looking for a replacement. Symantec director Richard Hill, formerly CEO of Novellus Systems, was named interim president and CEO, effective immediately, according to a statement. “As we enter into a
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