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Pope Francis brings spotlight to climate migration: ‘Many are being devoured in conditions that make it impossible to survive’

Pope Francis is using his pulpit to call attention to climate migration.”When we look, what do we see? Many are being devoured in conditions that make it impossible to survive. Forced to abandon fields and shorelines, homes and villages, people flee in haste carrying just a few souvenirs and treasures, scraps of their culture and heritage,” the pope wrote in a statement released Tuesday. “They set out in hope, meaning to restart their lives in a place of safety. But where they mostly end up are dangerously overcrowded slums or makeshift settlements, waiting on fate.”The pope published his …

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Here’s how you can be forced to get the Covid vaccine in the U.S.

President Joe Biden said in March that the U.S. aims to have 200 million Covid vaccine doses administered during his first 100 days in office. By May, every American adult who wants a vaccine will be eligible to get in line for a shot.That said, 30% of U.S. adults still don’t want to get the Covid vaccine. But many of them may not have much of a choice. Both states and cities can mandate vaccines based on their legislative authority, and employers also have the right to require inoculation as a health and safety work rule. Watch this video to …

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Stocks making the biggest moves midday: Microsoft, Western Digital, Micron, Nio & more

Satya Nadella, chief executive officer of Microsoft Corp., speaks during the Microsoft Developers Build Conference in Seattle, Washington, U.S., on Monday, May 7, 2018. The Build conference, marking its second consecutive year in Seattle, is expected to put emphasis on the company’s cloud technologies and the artificial intelligence features within those services.Grant Hindsley | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading. Microsoft — Microsoft shares rose 2.4% in midday trading after the software giant confirmed that it will build more than 120,000 custom HoloLens augmented reality headsets for the U.S. Army. The contract will be worth $21.9 billion over 10 years …

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Top Wall Street analysts bet on these stocks for long-term growth

The logo of Alcon is seen on the company’s corporate headquarters in Huenenberg, Switzerland, on Monday, Jan. 4., 2010.Peter Frommenwiler | Bloomberg | Getty ImagesAs the first quarter of 2021 winds down, analysts are taking a look at the stocks in their coverage universes and evaluating where they stand over the long term. Against this backdrop are elevated levels of unemployment and a vaccine rollout that is still in its early stages, with over two-thirds of adults in the U.S. not yet receiving a single dose.In such uncertain times, one approach to finding stocks poised to deliver long-term growth is to follow …

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Lululemon forecasts better-than-expected sales as digital business accelerates

Pedestrians wearing protective masks walk past a Lululemon store in San Francisco, California, on Monday, March 29, 2021.David Paul Morris | Bloomberg | Getty ImagesLululemon on Tuesday reported revenue and profit for the fiscal fourth quarter that topped analysts’ estimates, boosted by the athletic apparel maker’s online business, and double-digit sales growth in both its women’s and men’s divisions. It offered an upbeat outlook for sales during the current quarter and for the year, anticipating consumer demand for its sweat-wicking leggings and sports bras will continue. The retailer has been a huge pandemic beneficiary, with many people stuck at home gravitating toward workout …

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Micron, QuantumScape and Hyzon Motors CEOs react to Biden’s plans for infrastructure

U.S. President Joe Biden speaks about his $2 trillion infrastructure plan during an event to tout the plan at Carpenters Pittsburgh Training Center in Pittsburgh, Pennsylvania, March 31, 2021.Jonathan Ernst | ReutersMicron”This is clearly important because the semiconductors form the backbone of everything today in the economies,” Micron’s Mehrotra said. “We are really a leader in memory and storage, the only U.S. company. We are definitely excited about the prospects of driving greater leadership in research, technology and products through the U.S., as well as on a worldwide basis.”Micron is a major player in the market of dynamic …

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How locked-in retail investors plan to navigate Deliveroo’s nightmare stock market debut

Deliveroo CEO Will Shu.Aurelien Morissard | IP3 | Getty ImagesLONDON – Tens of thousands of amateur investors have been left wondering whether they were right to snap up the stock of food delivery app Deliveroo.Shares of British start-up Deliveroo on Wednesday crashed by more than a quarter on the firm’s first day of trading on the London Stock Exchange.Deliveroo tried to tempt U.K. customers to buy shares in its IPO by showing them ads within the main app and emailing them ahead of the listing.Some 70,000 Deliveroo customers agreed to buy £50 million ($68.9 million) worth of shares at the £3.90 issue …

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Japan stocks set to trade higher as major markets are closed for Good Friday

Electronic displays reflect the current stock market trends as the financial world reacts to the COVID-19 pandemic in Tokyo on March 16, 2020 in Tokyo, Japan.Clive Rose | Getty ImagesSINGAPORE – Shares in Japan were set to open higher on Friday after the S&P 500 surged to a record close overnight on Wall Street.  Futures pointed to a positive start for Japanese stocks. The Nikkei futures contract in Chicago was at 29,740 while its counterpart in Osaka was at 29,700. That compared against the Nikkei 225’s last close at 29,388.87.Japan markets are set to be a muted in the trading day ahead, as major Asia-Pacific …

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Myanmar has become a global flashpoint as violence escalates. Here’s what to know

A protester stands near a burning makeshift barricade during a protest against the military coup, in Yangon.STR | AFP | Getty ImagesMyanmar has descended into chaos as protestors show no signs of backing down against the Feb. 1 military coup that ousted the democratically elected government led by Aung San Suu Kyi, the National League for Democracy party head. The protestors have been met with brutal force.A U.N. special envoy warned of an imminent “bloodbath” if the military doesn’t end its brutal crackdown, which has taken the lives of hundreds so far.In the latest move, the military has shutdown …

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Gabelli started buying Buffett’s Berkshire on the cheap in 1986. His stake is now worth $83 million

Value investor Mario Gabelli told CNBC on Monday that he first started buying shares of Warren Buffett’s Berkshire Hathaway back in 1986. Decades later, he’s made more than 60 times his money, illustrating the power of buy-and-hold investing.In an interview on “Squawk Box,” the Gamco Investors CEO said the purchases were for two of his mutual funds: Gabelli Equity Trust and Gabelli Asset Fund. The funds began investment operations a few months apart in 1986.Combined, the funds own 220 shares of Berkshire Hathaway’s Class A stock, which was trading around $377,000 apiece Monday afternoon. Gabelli said his cost basis — the average price paid …

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