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Business

XPO Logistics stumbled as Amazon seems to move deliveries internally

Amazon's "demanding" contracts helped kill a trucking company earlier this week. And on Thursday, one of the truck's giants indicated that Amazon's move to internal deliveries knocked down the bottom line. Leaders at XPO Logistics, which consisted of UPS to become the top logistics company by revenue in 2017, told investors on Friday that its biggest customer is cutting approx. …

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Economic Development Group Larger MSP names new CEO

Peter Frosch will take the helm of the regional economic development organization Greater MSP on March 22, replacing the retiring CEO Michael Langley. Frosch, who has leadership roles in the group for six years, is currently Chief of Staff and senior vice president of strategy and partnerships. Langley announced his plans to retire after eight years as CEO in May …

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4 reasons why marijuana shares and ETFs could be high in 2019

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Marijuana shares and related ETF & # 39; , like the pure play marijuana ETF ETFMG Alternative Harvest ETF MJ, caught enough investors' attention last year, thanks to its mysterious rally in mid-2018 on Canada's legalization of recreational marijuana in …

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Shell buys the Sun, a German home battery boot

On Friday, the oil giant announced that it has bought the Sonnen, a German startup that produces home batteries that store energy from solar panels. The move puts Shell in direct competition with companies such as Samsung ( SSNLF ) LG ( LPL and Tesla ] ( TSLA ) who makes a home battery system called Powerwall Shell ( RDSA …

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Dow jumps 280 points, set to end week with a flourish as the US-China talks show progress

U.S. stock indexes on Friday rose sharply higher than investors focused on continued progress in trade negotiations between China and the US in the final day of its weeklong round of discussions. The Dow Jones Industrial Average                                                                                                                                                                                                                               DJIA, + 1.06% rose 280 points, or 1.1%, to …

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Warren Buffett's Berkshire slightly reduces the AAPL effort

Warren Buffett's Berkshire Hathaway has slightly reduced its share in the AAPL, new regulatory findings reveal. Buffett also left a $ 2.13bn. Share in Oracle and retrieved new positions in the software company Red Hat and Suncor Energy. Sylvania HomeKit Light Strip As reported by Reuters Berkshire's AAPL position went from 252.5 million shares to 249.6 million. This is a …

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Charlie Munger issue of stock repurchase at current level is smart

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "Charlie Munger, Vice-President of Berkshire Hathaway ( BRK-A & BRK-B ) and Warren Buffett's right hand spoke Thursday from the Daily Journal's ( DJCO ) Annual Meetings in Los Angeles on a number of issues, including the controversial issue …

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