Family and friends place Humberto Rosales casket, who passed away from Covid-19 complications, at his gravesite at Memorial Pines Cemetery in Santa Teresa, New Mexico, on December 3, 2020. Paul Ratje | AFP | Getty Images The Centers for Disease Control and Prevention quietly revised its estimates for the disproportionately deadly toll that Covid-19 is
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Check out the companies making headlines before the bell Thursday: Ollie’s Bargain Outlet (OLLI) — Shares of the retailer slid more than 11% following commentary around a slowdown in the company’s fourth-quarter trends. “Quarter-to-date, our comparable-store sales increases are tracking in the low single-digits,” CEO John Swygert said in a statement. Goldman Sachs downgraded the
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Recently, there has been much debate about whether billionaires should exist, an idea popularized by Congresswoman Alexandria Ocasio-Cortez. But to former Alphabet executive chairman and investor Eric Schmidt, who is worth more than $17 billion, the idea that extreme wealth is a moral failure is reductive. “We would probably all be better off spending more
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If Senate Majority Leader Mitch McConnell, R-Ky., has his way, parents will have a lot more flexibility when it comes to covering the extra expenses that have gone hand in hand with distance learning. McConnell’s proposal for pandemic relief would allow parents of K-12 students at public or private schools to use 529 college savings funds
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Jeff Smith, chief executive officer and chief investment officer of Starboard Value LP. Chris Goodney | Bloomberg | Getty Images Starboard Value hit an unexpected stumbling block in its activist campaign in AECOM when one of the hedge fund’s members quit the infrastructure company’s board of directors over the summer. Peter Feld quit the AECOM
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