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Edward Jones joins the crowd to sell more alternative investments
Kevin Gannon, CEO, Robert A. Stanger & Co. “There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said. Add Edward Jones, the closely held private partnership with more than 20,000 financial advisors and $2.2...
Madison’s Haruki Toyama on Moat Investing: Inside Active
Understand every aspect of the global economy – and know how to make your next move.
Merck to invest $1B in new US plant to make blockbuster cancer…
Drugmaker Merck said Tuesday it is investing $1 billion in a new Delaware plant to expand domestic production as it prepares to deal with President Trump’s tariffs. The new facility will produce biologic drugs and Keytruda, becoming Merck’s first in-house US site to make the blockbuster cancer treatment, the company said. Merck said last week its biggest...
Anaheim Ducks Owner Henry Samueli Is Investing $1 Billion In City-Owned Arena
Anaheim Arena first opened its doors in June 1993 with a sold-out Barry Manilow concert. At the time, it was a state-of-the-art facility with a price tag to match: $123 million. That fall, it became home to the NHL’s newest expansion team, the Mighty Ducks of Anaheim. But much has...
Meta launches standalone AI assistant
Meta launched a standalone version of their artificial intelligence (AI) assistant on Tuesday, touting its more “personal” and “relevant” computer generated responses. The company’s new application…
Meta launches standalone AI app rivaling OpenAI’s ChatGPT
The Meta AI app expands on the company's existing AI chatbot, which is built into its social media apps.