London Markets: London markets lose ground from last week’s surge; Reckitt Benckiser adds 4%

London markets were down on Monday, losing some of the advances made last week, with trading volumes potentially lower due to a U.S. holiday. Investor concerns remain over trade negotiation progress between the U.S. and China. Meanwhile, consumer goods company Reckitt Benckiser Group PLC added close to 4% after posting results. How are markets performing?…

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Key Words: Berkshire’s Charlie Munger has a very blunt response to those ‘driving rich people away’ as Amazon scraps HQ2

That is the famously plain-spoken Charlie Munger, speaking to CNBC’s Becky Quick in an interview on the network that aired on Friday. “They’re old. They keep your hospitals busy. They don’t burden your schools, the police department, your prisons. They give a lot. Who wouldn’t want rich people?” The nonagenarian’s comments come as Inc.…

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Market Extra: Presidents Day: Everything you need to know about market closures on Washington’s Birthday

U.S. financial markets will pause Monday in observance of Presidents Day — which, technically, is not the name of the holiday. The New York Stock Exchange and Nasdaq will shutter on Feb. 18. And the Securities Industry and Financial Markets Association, or Sifma, is recommending no trading in dollar-denominated securities, meaning the closely watched 10-year…

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NewsWatch: Amazon riled up the left for not paying federal taxes — and it’s in a position to offset future profits, too

MARKETWATCH FRONT PAGE Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez slammed Amazon for getting a federal tax refund this year and last despite booking billions in profit. A close look at Amazon’s finances shows the Vermont independent and Bronx Democrat will have more to get upset about, because the internet giant has billions of dollars…

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