The Wall Street Journal
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Caitlin McCabe
– Feb 25, 12:29 PM
Legendary investor Charlie Munger continued a war of words Thursday with popular online brokerage Robinhood Markets Inc. over the way it and others have enabled and profited from the recent boom of individual investing. “I hate this luring…
The Wall Street Journal
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Sarah Nassauer
– Feb 25, 9:01 AM
Costco Wholesale Corp. will pay its U.S. workers at least $16 an hour starting next week, the company's chief executive told Congress on Thursday as lawmakers debate raising the federal minimum to $15 an hour. The warehouse retail chain's minimum…
Democrats for weeks have argued that the minimum wage hike could be included in the package through the so-called reconciliation process. The Senate parliamentarian ruled Thursday that Democrats would be deemed out of order if they include a $15…
The New York Times
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Erin Griffith
– Feb 25, 1:10 PM
Technology |Airbnb posts a $3.9 billion loss in its first report as public company. Continue reading the main story Tech Stocks Lead Wall Street Lower as Bond Yields Rise: Live Updates Airbnb, which has faced sky-high expectations since its…
Broadcasting+Cable
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Jon Lafayette
– Feb 25, 1:30 PM
AT&T said it reach an agreement with investment company TPG to spin off its pay-TV assets -- DirecTV, AT&T TV and Uverse -- into a new company. AT&T bought DirecTV in 2015 for $49 billion. The new deal reportedly values the pay-TV assets at $15…
