Bill Ackman, founder and CEO of Pershing Square Capital Management. Adam Jeffery | CNBC Bill Ackman has found another typical investment for him: a high quality business with predictable cash flows, durable growth and a catalyst in the coronavirus to separate it from other stocks. Company: Restaurant Brands International Inc. (QSR) Business: A quick service restaurant
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More than 70% of married couples choose to completely combine their finances, according to Kasey Eickmeyer, a postdoctoral researcher at Rutgers University. That means they’ll also face a lifetime of financial logistics to work through together. It’s important for couples to understand that ”marriage is a legal merger between two people,” says Kristin O’Keeffe Merrick, a financial advisor of O’Keeffe
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On March 16, San Francisco Mayor London Breed issued a stay-at-home order for the city, forcing many local businesses to shut down amid the coronavirus pandemic. One of those businesses was popular flower company Farmgirl Flowers, which was started over nine years ago by Christina Stembel. The company, which provides customized flower arrangements to clients across
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This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 3.93 million Global deaths: At least 276,860 Most cases reported: United States (1,283,846), Spain (222,857), Italy (217,185), United Kingdom (212,629), and Russia (187,859).  The data above was
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In between days filled with finding the latest Sesame Street episode to entertain her two-year-old son and scheduling conference calls during naptime, there’s a question Luisa Herrmann-Nowosielski continues to grapple with as states start to roll back their coronavirus-related stay-at-home orders. What happens to parents who have no child care and can’t return to work? 
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Budweiser beer bottle labels during a Anheuser-Busch InBev NV news conference in Hong Kong, China, on Tuesday, Sept. 17, 2019. Kyle Lam | Bloomberg | Getty Images Anheuser-Busch InBev, the world’s largest beer maker, forecast a “materially worse” second quarter as coronavirus restrictions curb drinking across the globe, while noting some improvement in China. The
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Jeff Lawson Abigail Stevenson | CNBC Twilio shares were up as much as 25% in extended trading on Wednesday after the company reported first-quarter results and quarterly guidance that surpassed analysts’ estimates. The company’s shares exceeded the $149.95 record close from July 2019. The company reported: Earnings: 6 cents per share, adjusted Revenue: $364.9 million Revenue grew
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This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks. Global cases: More than 3.8 million Global deaths: More than 268,000 Most cases reported: United States (1,254,740), Spain (221,447), Italy (215,858), United Kingdom (207,977), and Russia (177,160).  The data above was
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Rolex watches are some of the most sought-after timepieces in the world. Last year, a vintage Rolex Daytona worn by Paul Newman was sold at auction for $17.8 million. Cara Barrett, editor at Hodinkee, fills us in on why Rolex’s are so pricey. Business Insider tells you all you need to know about business, finance,
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A Boeing 747 cargo freighter belonging to the Atlas Air flies into the clouds after lifting off from Hong Kong International Airport, on 23 October 2017, in Hong Kong, Hong Kong. S3studio | Getty Images Not all airlines are reeling from the coronavirus pandemic. Cargo airlines are cashing in on rush for medical supplies and
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