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Chief of Calpers resigns after 18 months from a $ 400 billion fund

The head of investment at Calpers resigned after 18 months in the top job in the largest U.S. public sector pension fund. Calpers, the Californian $ 400 billion employee pension fund, said late Wednesday that Ben Meng would actually leave immediately. The fund said Dan Bienvenue, deputy chief investment officer, should serve as interim chief investment officer as he was …

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USDA issues warning for salads with salty onions, salmonella outbreak

Close E.Coli, metal and even dead carcasses were found in the recalled food. In fact, food recalls are on the rise. However, that may indeed be a good sign. Here’s why. USA TODAY Several products including salads sold at some Walmart, Kroger and HEB stores in five states are included in a new public health alert because they contain recalled …

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The Bank of England keeps rates constant and maintains bond buying levels

The Bank of England on Thursday kept interest rates constant and maintained its existing level of asset buying, as investors see signs that it is anticipating a slower economic recovery. The key lending rate was maintained at 0.1%, with the central bank halving rates by 0.75% since the onset of the coronavirus pandemic. The Monetary Policy Committee voted unanimously against …

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What will happen to Virgin Australia’s Widebody Fleet?

This week, Virgin Australia outlined its plans for the future. The recently sold airline is looking forward to getting back to business. The new Virgin Australia will bear many similarities to the old Virgin Australia. But there will also be some differences. Notably, Virgin Australia returns to an entire Boeing 737 fleet. Where will you leave that wide air fleet? …

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Asian markets mix as US talks on stimulus plan cease

Stocks were mixed in Asia on Thursday despite strong overnight gains on Wall Street, where the rally is still ongoing. Investors are looking at whether lawmakers will move forward with a new stimulus to the U.S. economy. Tokyo Nikkei 225 index in NIK, -0.42% spread 0.4% while the Shanghai Composite SHCOMP index, -0.44% yielded 0.7%. Hong Kong HSI, -1.41% lost …

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Modern charges much more for its experimental coronavirus vaccine than for rival treatments

Modern, the first pharmaceutical firm to conduct human trials of la coronavirus vaccine in the United States, is charging as much as $ 37 per dose for his experimental treatment. That’s more than three times what some industry rivals say they plan to claim their vaccines. Individuals are expected to need two doses to be completely vaccinated with COVID-19, which …

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Goldman Warns of Covid-19 Vaccine Approval Could Improve Markets

Investors should consider the risk that markets getting rid of the coronavirus vaccine will disrupt bond markets and the rotation of technology in cyclical stocks, warned Goldman Sachs Group Inc. The increased likelihood of an approved vaccine by the end of November is underestimated by equity markets and by then the outcome of the U.S. election will be known, strategists …

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Power in New York cut off by Isaias will not be fully restored until Sunday, says ConEd

Fox Business Flash headlines above. Check out what you are clicking on on FoxBusiness.com. ConEd announced Wednesday that their fast crews have restored power to 119,000 customers in New York City, but said it will take until Sunday to complete the restoration. This came after Tropical Storm Isaias winds caused a historic amount of power outages in the greater New …

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