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WSJ Wealth Adviser Briefing: Value Stocks Outperform, BP Goes Green, Friendships Reclaim Fun

Raymond James is combining its unit that provides custody services to independent registered investment advisers with another unit that offers similar services to broker-dealers. The merged business, called the RIA & Custody Services Division, could help Raymond James stand out as the competitive landscape shifts for custodians, which hold securities on behalf of independent advisors and…

Developers vs. App Store: Apple’s Fights, Explained

Now Playing 10/1/2020 5:30AM      Apple’s stock-market value hit a new record this year, but its long-standing disputes with app developers are bubbling over into public view. WSJ explains why high-profile companies like Epic Games, Spotify and Tinder are at odds with App Store rules. Video/illustration: Jaden Urbi/WSJ Up Next Editor Picks Shelf 3:30 How Tourism…

Pre-Existing Condition Fiction – The Wall Street Journal

Sept. 30, 2020 7:19 pm ET Photo: Lola Gomez/Zuma Press Joe Biden claimed at Tuesday’s debate that “100 million people who have pre-existing conditions” will lose insurance if the Trump Administration wins an Affordable Care Act case at the Supreme Court. Democrats have terrified voters with this fiction for years, and Republican confusion has helped…

S&P 500 Shudders at 10-Year Winter as Billionaires Fear Tech Stocks

The S&P 500 could stagnate for ten years, a historically accurate indicator and strategists say.The U.S. stock market is at risk of long-term underperformance, especially as the prospect of vaccines by the year’s end worsens.Moderna CEO Stéphane Bancel said the vaccines would not be ready for FDA approval before November 25.According to a historical indicator that evaluates average investor...

Who Are the Proud Boys? Trump Tells Far-Right Group to ‘Stand Back and Stand By’ – The Wall Street Journal

At the first presidential debate on Tuesday, President Trump was asked if he would denounce the Proud Boys, a far-right extremist group. Mr. Trump said, “Proud Boys, stand back and stand by…Somebody has got to do something about antifa and the left.”Several Proud Boys celebrated the comment on social media afterward, viewing it as support.…

Bayer to Cut More Costs as Farm Business Hurts – The Wall Street Journal

BERLIN—Bayer AG unveiled on Wednesday billions in new costs cuts to offset falling demand in agricultural products—the market on which it had made a huge bet with its acquisition of Monsanto. The German chemicals and pharmaceuticals company said the coronavirus pandemic would hit its crop-science business harder than anticipated as prices for various crops fell,…

WSJ Opinion: Biden to Trump: ‘Will You Shut Up, Man?’

WSJ Opinion: Wonder Land by Daniel HenningerEpisode 22October 01, 2020Henninger: "Presidential debates are about winning over undecided voters at the margin. And in that objective, the Biden team has a simple two-pronged strategy."By WSJ OpinionOct. 01, 2020 12:04 amWonder Land: Amazing that just five words from the debate may tip voters who are undecided between…

Did Prince William & Harry Really ‘Fall Out’ Over Sandringham Summit?

A new “royal biography” claims to know what happened between Prince William and Prince Harry at the so-called “Sandringham Summit.”Robert Lacey, a royal biographer, says he got the “inside scoop” on what really happened.But how could he truly have known — and is this more of a cover for the future King?What really went on between Prince William and...

Katie Porter Obliterates Price-Gouging CEO – Watch Her Greatest Hits

Katie Porter was trending today on Twitter.A clip of eviscerating a pharmaceutical CEO spread gloriously throughout the internet.Porter has been calling out ‘the Man’ for years, and we’ve compiled her greatest hits.The world needs more Katie Porter.After watching Donald Trump’s blown fuses and Joe Biden’s faulty wiring during last night’s debates, we could all use a nice clip of...
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