• Dems believed they had a strong negotiation position with the federal $600: Fmr. Assistant Treasury Secretary on stimulus

    Dems believed they had a strong negotiation position with the federal $600: Fmr. Assistant Treasury Secretary on stimulus	Chris Campbell, Chief Strategist at Duff & Phelps Institute and Former Assistant Secretary of the Treasury for Financial Institutions joins Yahoo Finance’s On The Move to break down the Fed’s economic outlook amid the coronavirus crisis.

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  • Elon Musk Confirms Cybertruck Can Come in Multiple Colors

    Elon Musk Confirms Cybertruck Can Come in Multiple ColorsAs construction starts on the Tesla Inc (NASDAQ: TSLA) Gigafactory in Austin, Texas, Tesla fans are looking forward to receiving their Tesla Cybertruck. A new tweet from CEO Elon Musk confirms the truck's cold-rolled stainless steel can be given various colors with a simple heat treatment.Responding to a fan asking if Cybertruck's steel can be tempered, Musk simply responded "Yes." Stainless steel can be tempered many different shades, depending on the temperature used. This would give a permanent look to the metallic surface> Different colors the CyberTruck can be tempered: pic.twitter.com/GQnyHTCRlC> > — K10✨(C)️ (@Kristennetten) July 26, 2020Benzinga's Take: This is great news for fans that weren't initially impressed with Cybertruck's looks. The stainless steel look was quite controversial at the reveal, and the lack of paint took away one of the main customization options on a vehicle. Many fans also are looking forward to putting a custom wrap on their Cybertruck, which is an option Musk endorsed back in April.See more from Benzinga * Tesla's Battery Production In Germany Will Bring 'Completely New Batteries': Report * Hundreds Of Tesla Model 3s Arrive in Hong Kong For Delivery: Report(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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  • Boeing to cease 747 production as losses hit $2.4bn

    Boeing to cease 747 production as losses hit $2.4bnThe US planemaker has also warned of job cuts beyond the 10% reduction already announced.

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  • ZoomInfo Technologies (ZI) Stock Might Be Expensive, Stay Cautious

    ZoomInfo Technologies (ZI) Stock Might Be Expensive, Stay CautiousMcLain Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -15.4% for the quarter (net of fees), underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. However, you should check out McLain Capital's top 5 stock picks […]

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  • Alibaba Group Holding (NYSE:BABA) Has A Rock Solid Balance Sheet

    Alibaba Group Holding (NYSE:BABA) Has A Rock Solid Balance SheetThe external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says…

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  • We’re in the calm before the storm: Director of Strategy

    We're in the calm before the storm: Director of StrategyFrances Newton Stacy, Optimal Capital’s Director of Strategy, joins The Final Round to highlight notable market action and what she expects in the coming weeks.

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  • These are the 10 best airlines to fly during the coronavirus pandemic

    These are the 10 best airlines to fly during the coronavirus pandemicThe Points Guy ranked Delta as the best airline to fly in 2020.

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  • Kodak Shares Add Another 500% as Drug Shift Keeps Boosting Stock

    Kodak Shares Add Another 500% as Drug Shift Keeps Boosting Stock(Bloomberg) — Shares of Eastman Kodak Co. have leapt 2,441% higher this week, sending its market valuation to nearly $2 billion, after it won a government loan to help produce ingredients used in key generic medicines to fight the coronavirus.Kodak, the storied photography giant whose business and shares were devastated by the switch to filmless cameras, gained as much as 655% on Wednesday, triggering at least six halts for volatility along the way. More than 110 million shares traded hands, more than 23 times its typical volume. The company’s value climbed to $1.99 billion as of 10:25 a.m. in New York, after closing on Friday shy of $100 million.Kodak shares tripled on Tuesday on news of a $765 million loan to shift part of its factories to produce drug ingredients. The development bank loan was the first of its kind under the Defense Production Act in collaboration with the U.S. Department of Defense, and intended to speed production of drugs in short supply and those considered critical to treat Covid-19, including hydroxychloroquine, the controversial antimalarial drug touted by President Donald Trump.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.

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  • Bill Gates: Spread of ‘outrageous’ coronavirus video shows flaw in social media platforms

    Bill Gates: Spread of 'outrageous' coronavirus video shows flaw in social media platformsGates said that the spread of the “outrageous” video shows how social media companies struggle to contain damaging misinformation before it gains wide attention.

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