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Florida virus toll might rival New York’s

People keep saying not to worry so much about the Covid-19 surge in Florida, because it isn’t killing a lot of people. I’m not buying it. And I’m sorry to predict that by early August, deaths in Florida will be almost as bad as New York at its worst. Florida and New York have similar populations (21.5 million and 19.5 ...

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A $44bn IPO isn’t the win SoftBank needs

For SoftBank Group Corp Chief Executive Officer Masayoshi Son, selling a stake in Arm, the British semiconductor firm that kicked off his tech spending splurge, cannot have been part of the plan. At least, not yet. When SoftBank agreed to buy the Cambridge, England-based firm for 24 billion pounds ($32 billion) four years ago, the expectation was that it wouldn’t ...

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Is Moderna’s Covid-19 vaccine news good?

About two months after Moderna Therapeutics Inc released preliminary Covid-19 vaccine data that sent the stock market into a tizzy, the company published a complete look at the initial human trial of its drug — and it promptly moved the market again. Moderna shares surged 20% on the results in after-market trading, and stocks in general got a loft as ...

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