The 4.5 percent drop in the benchmark S&P 500 over the last five days has not dented strategists’ expectations for mild to moderate gains in the U.S. stock market by the end of the year, with corporate earnings and interest rates not expected to derail equities. |
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U.S. casino mogul Steve Wynn has resigned as CEO of his company Wynn Resorts following claims he subjected women who worked for him to unwanted advances, becoming one of the most prominent business leaders to quit over sexual misconduct allegations in recent months. |
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Commentary: The SpaceX launch has opened a new frontier in space commerce, writes columnist Peter Apps. While private companies once primarily relied on existing government technology, they are now striking out on their own. "If the costs can be controlled, it’s easy to imagine firms going further in the decades to come, perhaps mining asteroids or being allocated rights to explore different planets in return for taking a much greater share of the financial risk ." |
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