Jul 14, 2020
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BREAKING NEWS BRIEF
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In California, reopening is “rolling back”
Image Source: FOX News
Governor Gavin Newsome placed California back on lockdown after a surge of COVID-19 cases.
Churches, restaurants, and fitness centers are among those activities shut down.
Will Newsome wreck his state’s economy?
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More Breaking News
After extensive search, “Glee” star’s body is recovered
Soldier Dies In Non-Combat Incident In Afghanistan
This southern baseball team has no intentions to change their name
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TECHNOLOGY BRIEF
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Could a Facebook robot could make internet cheaper?
Facebook just unveiled its latest project – a fiber-spinning robot with a code name Bombyx.
The social media giant plans to use the robot to help install fiber cables across the globe. The new technology should decrease the cost of fiber installation, potentially passing that savings along to internet service customers.
How does the robot operate and when will Facebook put it to work?
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More Technology News
Verizon turns to Google technology for customer service help
Google’s Pixel Buds available in more countries – new colors on the way
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JUST FOLLOW THESE SIMPLE INSTRUCTIONS
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THIS DAY IN HISTORY BRIEF
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Billy The Kid’s Criminal Career is Brought to an End
Image Source: History
Billy the Kid had been on the run for three months after a prison escape.
Pat Garrett, a lawman, tracked him down. Then, while Billy was absent his room, Pat slipped in and waited in the dark.
When Billy returned, Pat Garrett then shot the Wild West’s most famous outlaw.
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INVESTING BRIEF
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JPMorgan just beat their Q2 expectations by a long shot
Heading into earnings week for the big banks, there was a lot of gloom and doom.
Ugly, terrible, horrible – there were a lot of icky adjectives being thrown around.
But for JPMorgan, it’s been a great week.
Despite second quarter net profits being cut in half (and plenty of other struggles), JPMorgan was able to outperform analysts’ expectations for both revenue and earnings per share.
So, what was JPMorgan doing right?
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Related Investing Headlines
Stock futures are rising ahead of big bank earnings
Stay Informed,
Rex Jackson
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