But the news immediately spooked investors. Futures tied to the Dow Jones industrial average “indicated an opening loss of more than 400 points, recovering a bit after earlier trading down more than 500 points. S&P 500 futures and Nasdaq 100 futures were also in negative territory,” CNBC’s Eustance Huang and Pippa Stevens report.

The development throws a major unknown into the election at a time when uncertainty over voting and its outcome already has been weighing on investor sentiment. “Market sentiment was already delicately balanced ahead of the November election, and today’s news only adds to the uncertainty,” Karen Ward, chief market strategist for EMEA at J.P. Morgan Asset Management, told Bloomberg’s Yakob Peterseil. But, she said, “with such a wide range of outcomes and implications stemming from the President’s diagnosis, it’s too soon to ascertain what the final market direction will be.”

The market’s record suggests investors quickly

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Since I wrote my book The Million-Dollar, One-Person Business, many entrepreneurs have asked me if publishing their own book will help them take their business to the next level. Some hope it will attract new business or speaking opportunities. Others want it to become the basis for a new product, such as a course.

I usually tell them it depends.

A book can be very helpful in growing a business, but not always. Before you dive in, it’s important to give it serious thought. Writing and polishing book requires more time and effort than most people think, whether you work with a commercial publisher or self-publish. As an entrepreneur, you’ve got to balance that against other demands on your time—like running your business. 

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Shares of Carnival Corp. dropped Tuesday, helping drag down its peers’ stocks, after the cruise operator disclosed plans for a $1 billion stock offering and for accelerated capacity reductions, as it deals with the negative effects of the COVID-19 pandemic on its operations.

The company also said it swung to a net loss of nearly $3 billion in the third quarter, including more than $900 million in losses on ship sales and impairments.

The stock
CCL,
-10.75%

 tumbled 9.3% in afternoon trading, enough to be the biggest percentage decliner on the New York Stock Exchange. Trading volume was 64.2 million shares, enough to make the stock the NYSE’s fourth-most actively traded, and well above the full-day average of about 36.9 million shares.

Carnival earlier filed a prospectus with the Securities and Exchange Commission under which it could sell up to $1 billion worth of its common stock. Based on current

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By Shashwat Awasthi

Sept 4 (Reuters)Most stock markets in emerging Asia slid on Friday after a steep selloff on Wall Street heightened investors’ concerns ahead of U.S. jobs data later in the session.

Trading among regional currencies was muted, with most roughly flat on the day as the U.S. dollar steadied and investors held their bets ahead of U.S. non-farm payrolls data.

U.S. indexes marked their biggest one-day falls since June on Thursday, leading Singapore stocks .STI to their lowest in more than a month, while Philippine shares .PSI were set for their third straight weekly loss.

Bourses in South Korea .KS11 and Taiwan .TWII, which house heavyweight tech stocks, shed 1.6% and 1.3% respectively, after dealers booking profits in the U.S. sent the tech-heavy Nasdaq .IXIC plummeting 5% on Thursday.

Analysts said the payrolls report could deepen the selling, as data is expected to show

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A shopping center is sparsely attended in Sydney, Wednesday, Sept. 2, 2020. Australia's economy has suffered its sharpest quarterly drop since the Great Depression because of the pandemic, with data released on Wednesday confirming the country is experiencing its first recession in 28 years. (AP Photo/Rick Rycroft)


© Provided by Associated Press
A shopping center is sparsely attended in Sydney, Wednesday, Sept. 2, 2020. Australia’s economy has suffered its sharpest quarterly drop since the Great Depression because of the pandemic, with data released on Wednesday confirming the country is experiencing its first recession in 28 years. (AP Photo/Rick Rycroft)

CANBERRA, Australia (AP) — Australia’s economy suffered its sharpest economic contraction since the Great Depression due to the pandemic, with data released Wednesday confirming the country is in its first recession in 28 years.



Workers go about their duties at a construction site in Sydney, Wednesday, Sept. 2, 2020. Australia's economy has suffered its sharpest quarterly drop since the Great Depression because of the pandemic, with data released on Wednesday confirming the country is experiencing its first recession in 28 years. (AP Photo/Rick Rycroft)


© Provided by Associated Press
Workers go about their duties at a construction site in Sydney, Wednesday, Sept. 2, 2020. Australia’s economy has suffered its sharpest quarterly drop since the Great Depression because of the pandemic, with data released on Wednesday confirming the country is experiencing its first recession in 28 years. (AP Photo/Rick Rycroft)

The economy shrank 7% in the June, the biggest

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BRIAN KENNY: Here’s a little Cold Call trivia for you. What do lipstick, pizza dough, and biodiesel fuel have in common? And the answer is palm oil. Palm oil is one of the most widely used ingredients in the world. You’ll find it in 50% of the products on supermarket shelves from laundry detergent to cookies. Americans consume about eight and a half pounds of this stuff every year. 85% of the world’s supply is produced from palm trees grown in Malaysia and Indonesia where deforestation is a growing concern. That is precisely the opportunity that Shara Ticku and her co-founders saw when they created C16 Biosciences, a startup whose goal is to be to palm oil users what Impossible Burger is to meat lovers. The opportunity is real and so are the challenges. Today on Cold Call we’ll discuss Professor Jeff Bussgang’s case entitled, “C16 Biosciences: Lab-Grown Palm Oil.”

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