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Casper’s sales are surging but it can’t stop losing money

Casper’s sales are surging but it can’t stop losing money

Mattress startup Casper has big ambitions to become a publicly traded wellness company. The problem is it can’t stop losing money. The company reported Monday sales soared 23% to about $439 million, but it lost about $94 million in the past quarter. Its loss was about 2% more than its losses during the fourth quarter…MORE

Oil prices have fallen 10% as coronavirus raises fears for global growth

Oil prices have fallen 10% as coronavirus raises fears for global growth

China’s coronavirus outbreak has rattled oil markets, sending prices sharply lower as investors worry that efforts to prevent it spreading will harm the country’s economy and reduce demand for crude. Brent crude futures traded around 3% lower on Monday at $58.88 a barrel, their lowest level since October. US crude futures were down roughly 3%.…MORE

The heroines STEM: Ten women in science you should know

The heroines STEM: Ten women in science you should know

Science is often considered a male-dominated field. In fact, according to United Nations data, less than 30% of scientific researchers worldwide are women. Studies have shown that women are discouraged from, or become less interested in, entering the fields of science, technology, engineering and math (STEM) beginning at a young age. And according to the…MORE

Impeachment state of play: Bolton’s surprise scrambles GOP strategy

Impeachment state of play: Bolton’s surprise scrambles GOP strategy

Call it the October surprise of President Donald Trump’s impeachment trial. John Bolton, the former national security adviser who has been playing his own personal game of footsie with impeachment negotiators for months, has written in a draft book manuscript in which he alleges the President did, in fact, condition US security assistance to Ukraine…MORE

Economists are even more optimistic about the US economy

Economists are even more optimistic about the US economy

A growing number of American economists are bullish about growth in the coming year. The National Association for Business Economics said in a survey released Monday that 67% of respondents expect America’s gross domestic product — the most complete measure of the nation’s economy — to grow by 1.1% to 2% this year. A growing…MORE

The biggest US tech companies could still drive stocks this week

The biggest US tech companies could still drive stocks this week

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. Concerns about the spreading Wuhan coronavirus will be front of mind this week, with the death toll continuing to rise and the number of confirmed cases soaring. But the downside for US…MORE

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