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Hedge funds just weathered what might be their worst month ever, with some of the industry’s biggest names getting hit the hardest. Panicked investors yanked roughly $33 billion from hedge funds during the first quarter as the coronavirus pandemic rocked the global economy. Data from Hedge Fund Research released late Wednesday shows that net outflows …

The Rolling Stones have released the brand-new song “Living in a Ghost Town” to tide fans over until they’re able to reschedule the upcoming leg of their No Filter tour. It’s their first original composition since “Doom and Gloom” and “One More Shot” came out on their 2012 compilation album “GRRR!,” although they did put …

The Strokes named their latest album “The New Abnormal” well before knowing what our new normal would be. “It feels so prescient because of the parallel between something like coronavirus,” says Julian Casablancas, 41, lead singer and lyricist of the New York garage-rock band. “But the name came from the [2018 California] fires, when Malibu …

Hershey pulled its 2020 forecast on Thursday and warned of weak sales in certain categories as households worried about their financial futures cut spending on snacks and chocolates. The company said sales of products, including SkinnyPop popcorn and Pirate’s Booty rice and corn puffs, had slowed in recent weeks, after rising in double digits in …

When an Arizona couple had to cancel their wedding due to coronavirus, @hodakotb stepped in to help officiate their wedding virtually! pic.twitter.com/NcTZiDiHhi — TODAY (@TODAYshow) April 23, 2020 Hoda Kotb officiated an Arizona couple’s wedding via Zoom after their in-person festivities were canceled because of the coronavirus pandemic. And all they had to do to …

The combined wealth of America’s billionaires, including Amazon founder Jeff Bezos and Tesla chief Elon Musk, increased nearly 10 percent during the ongoing COVID-19 pandemic, according to a report published by the Institute for Policy Studies (IPS). The wealth surge of America’s richest men happened during a period that saw as many as 22 million …

Amazon’s globetrotting CEO Jeff Bezos has been pulled back into the company’s day-to-day operations by the coronavirus, according to a new report. The 56-year-old Bezos — who in recent years has delegated management of his $1.2 trillion e-commerce juggernaut while he turned his focus to moonshot projects like his Blue Origin rocket company — has …

Walmart said it is creating one-way aisles at its massive superstores beginning Thursday in a bid to stem the spread of coronavirus. “One-way aisles are designed to increase social distancing and give customers more space on each aisle,” Walmart explained in a Facebook post this week. “There will be floor decals in place to help …

Actor John Cho has penned a candid essay about the racial discrimination Asian Americans currently face amid the coronavirus pandemic. In the op-ed, published Wednesday for The Los Angeles Times, the South Korean-born “Harold & Kumar” star confessed that it “felt so strange” for him to warn his parents about leaving their house, worried they …

The Chinese Foreign Ministry announced on Thursday it will donate another $30 million to the World Health Organization (W.H.O.), which is under growing scrutiny from member states for its poor handling of the Wuhan coronavirus pandemic and its suspicious tendency to toe the political line from Beijing. American taxpayers are far and away the most …