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Business Report: More money flowing into hedge funds amid global unrest

October 22, 2020 - Jeffrey Katzenberg's video app Quibi is shutting down after six months
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More money flowing into hedge funds amid global unrest
For the first time in more than two years, more money is flowing into hedge funds than is being pulled out of them as smart-money investors look to protect themselves…
Jeffrey Katzenberg's video app Quibi is shutting down after six months
Quibi, the short-form video app founded by Hollywood mogul Jeffrey Katzenberg, is calling it quits after...
Netflix says COVID-19 won't delay most 2021 releases
Netflix said it has restarted production on some of its highest-profile shows, including the fourth season...
Tesla reports fifth-straight quarterly profit on record revenue
Elon Musk's Tesla reported its fifth consecutive quarter of profitability on Wednesday in just the latest...
Ferragamo family explores stake sale in turnaround strategy: report
The family owners of Italian fashion house Salvatore Ferragamo have held informal talks with investors to...
JCPenney's new owners reject a $3.2 billion pension plan
JCPenney is getting rescued from bankruptcy in a plan that stands to worsen its workers' nest...
Facebook is experimenting with a Nextdoor copycat app
Facebook is once again copying the features of another fast-growing social network. The Silicon Valley giant...
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