D Color Flawless Diamond Source: Sotheby’s Sotheby’s is set to auction off a 102-carat diamond that could become the most expensive jewel ever sold to an online bidder. The stone, a 102.39-carat D Colour Flawless Oval Diamond, could fetch $10 million to $30 million. Only seven flawless white diamonds of more than 100 carats have
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SpaceX CEO Elon Musk participates in a postlaunch news conference inside the Press Site auditorium at NASA’s Kennedy Space Center in Florida on May 30, 2020, following the launch of the agency’s SpaceX Demo-2 mission to the International Space Station. NASA/Kim Shiflett JPMorgan Chase thinks it’s found the next hot market for investors:  Taking stakes
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The Internal Revenue Service issued the special per diem rates Friday for 2020-2021 that taxpayers can use to substantiate the amount of expenses they can deduct for lodging, meals and incidental expenses when they’re traveling away from home, effective Oct. 1, 2020. Notice 2020-71 provides the special transportation industry rate, the rate for the incidental-expenses-only
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Roberto Machado Noa Check out the companies making headlines midday Friday: Peloton — The exercise equipment maker’s stock jumped 2.5% after the company handily beat earnings expectations for the fourth quarter. The company earned 27 cents per share, compared with the 10 cents expected by analysts polled by Refinitiv. Sales surged 172% during the quarter
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Ex-New York Jets wide receiver Josh Bellamy was arrested Thursday for his alleged role in a $24 million Covid-19 relief scheme, the U.S. Justice Department announced Thursday.  The complaint says that Bellamy, along with 10 other defendants, allegedly applied for Paycheck Protection Program (PPP) loans via at least 90 fraudulent applications for a total more
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An antenna for a satellite ground station Amazon Microsoft is looking to challenge Amazon in offering a service that connects satellites directly to the company’s cloud computing network, according to documents the company filed with the Federal Communications Commission last month The effort shows how the two largest providers of cloud infrastructure — data centers in
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New York City cannot count on financial assistance from Washington to help it recover from the coronavirus pandemic, RXR Realty CEO Scott Rechler told CNBC on Friday. Instead, the real estate executive said the city’s leadership needs to be proactive in charting a path forward despite its budgetary challenges. “The answer can’t be, simply, that
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The Senate is poised to vote on a coronavirus aid relief package today, which would provide additional funding for individuals, businesses, and states combatting the pandemic. The “Delivering Immediate Relief to America’s Families, Schools, and Small Businesses Act” enters the negotiations as a Senate Republican response to multiple packages proposed by Democrats and Republicans in
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A “critical part” of pharmaceutical company AbbVie‘s success is “face-to-face” interaction, CEO Richard Gonzalez explained in an Aug. 27 email outlining its process for bringing thousands of U.S.-based employees back to work.  Gonzalez said “cross-functional collaboration” was a cornerstone of AbbVie’s high performance, adding that employees needed to “preserve and nurture our culture so we can
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Bill Gates helped build Microsoft into one of the world’s most valuable companies. But between the hard work it took to get the company off the ground and the pressure to succeed against fierce competition, the billionaire Microsoft co-founder wasn’t always such a nice guy to his employees. Gates, much like fellow tech icon Steve
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