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Business

How Much Sense Does Lyft At $ 20B Or $ 25B Make?

Morning Markets: The IPO season is back in the end. Subscribe to Crunchbase Daily The news broke out yesterday that the Lyft IPO is fighting with us, along with the famous company offering a ride to start its roadshow in mid-March, and the company is ready to publish an S-1 document as soon as next week. The unicorn, originally filed …

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What The Giant Beer Said About Marijuana Stocks – The Motley Fool The

Constellation Brands (NYSE: STZ) is best known for leading brands of beer, wine, and spirits, including Corona Light, Robert Mondavi, and Svedka Vodka. The company has acquired a 38% stake in Canada's share-leading cannabis market, Canopy Growth (NYSE: CGC) in 2018, offering some insight into potential marijuana to justify its $ 4 billion investment. Suds to buds Worldwide, consumers spend …

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China Will Not Open Yuan Rates for Trade Disputes: Foreign Ministry

China will not use the yuan exchange rate as a bargaining chip to resolve trade disputes in the United States, spokesman of the Ministry of Foreign Affairs said on Wednesday. China will not do the depreciation of money for competitive purposes in the trade and hopes the US can respect market rules and not politicize currency issues, Geng Shuang, a …

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Barclays income boost cheers investors, makes Brexit provision

LONDON (Reuters) – Barclays reported a lower than forecast attributable profit of 3.5 billion pounds ($ 4.56 billion) for 2018, as it set aside cash to cushion against Brexit losses and its trading business weathered a difficult fourth quarter. FILE PHOTO – The logo of Barclays bank is seen at its office in the Canary Wharf business district of London …

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Johnson & Johnson Subpoenaed By DOJ, SEC Over Baby Powder Safety Concerns

(Reuters) – Johnson & Johnson said Wednesday it has received subpoenas from the U.S. Justice Department and the Securities and Exchange Commission (SEC) related to litigation involving alleged asbestos contamination in its signature Baby Powder product line. The company said it intends to "cooperate fully with these inquiries and will continue to defend the Company in the talc-related litigation. " …

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Johnson & Johnson receives federal subpoenas related to baby powder litigation

REUTERS: Johnson & Johnson said Wednesday it has received subpoenas from the U.S. Justice Department and the Securities and Exchange Commission (SEC) related to litigation involving alleged asbestos contamination in its signature Baby Powder product line. The company said it intends to "cooperate fully with these inquiries and will continue to defend the Company in the talc-related litigation. " Advertisement …

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