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US consumer spending rises steadily; inflation remains tame WASHINGTON (Reuters - U.S. consumer spending rose steadily in December, but tepid income gains pointed to moderate consumption growth this year, which together with slumping business investment likely set the economy on a slower growth path this ...
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Aston Martin's lifeline buys carmaker time as SUV hits road LONDON (Reuters) - Canadian billionaire Lawrence Stroll and investors have rescued Aston Martin with a 500 million pound cash injection that analysts say will help stabilize the British carmaker whose first sport utility vehicle (SUV) is set to hit the road.
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Today's Logistics Report: Parceling Out Profits; Amazon's Shipping Prime; Flipping Reverse Logistics United Parcel Service Inc.'s close work with Amazon.com Inc. is paying off for the package carrier. The package carrier's shipping volume and operating profit jumped sharply in the fourth quarter, the WSJ's Paul Ziobro reports, as UPS gets cozier than ever ...
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Coronavirus-Induced Declines Bring Opportunity With Select China ETFs On Thursday, the World Health Organization (WHO) labeled the coronavirus outbreak an "international emergency" and later in the day, the number of confirmed cases of the respiratory illnesses exceeded 10,000 while the death toll exceeded 200.
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Ginni Rometty, The Trailblazing Tech Icon And CEO Of IBM, Is Stepping Down Virginia "Ginni" Rometty, a pioneering icon in the technology space and chief executive of IBM for the last eight years, will be stepping down. Rometty is the chair, president and CEO and was the first woman to lead the world-renowned company. According to ...
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What are the obstacles to Bayer settling Roundup lawsuits? (Reuters) - Bayer AG (BAYGn.DE) is in mediation to potentially settle thousands of U.S. lawsuits claiming that the company's Roundup weed killer causes cancer, but some legal experts said the cases raises novel questions that may prevent an easy ...
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Is Vertex Pharmaceuticals Stock Still a Strong Buy? Don't let Vertex's current valuation fool you. This elite biotech stock is a steal at current levels. George Budwell. (TMFGBudwell). Jan 31, 2020 at 9:00AM. Author Bio. George Budwell has been writing about healthcare and biotechnology companies at the ...
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CBS chief Joe Ianniello exits early, replaced by George Cheeks CBS Chief Executive Joseph Ianniello is making an early exit, just eight weeks after the ViacomCBS merger. ViacomCBS said Friday that Ianniello no longer would be staying through the end of the year, as initially announced. For a while, it looked like ...
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3 Warren Buffett Picks That Most Investors Missed Warren Buffett is one of the most successful investors of all time, and he's attracted a monumental following in the investing community. Many people follow Buffett's every move closely, something that's a lot easier to do because Berkshire Hathaway's is ...
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Delta agrees to change uniforms workers said were toxic, after months of pressure Delta Air Lines announced that it would replace uniforms for tens of thousands of employees after months of pressure and two lawsuits from workers who said the garments made them sick. The company announced the change in an email to employees, ...
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'It's Rampant': Disposable Flavor Pods Are the New Thing in Vaping The Food and Drug Administration is banning most flavored e-cigarettes, but that isn't keeping banana ice, sour gummy or cool mint out of the hands of McCracken County High School students. Blame a policy loophole. When the Trump administration ...
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Macy's reportedly to open a new kind of store in Texas Macy's is reportedly about to open a new kind of store, which could be a test with a larger rollout to come. The department store chain is opening a new space in Southlake, Texas, with a focus on selling apothecary beauty and hair-care items, and with a cafe ...
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Tesla just proved all its haters wrong. Here's how New York (CNN Business) Less than a year ago, Tesla was strapped for cash. In May 2019, the electric carmaker was selling debt and additional shares of stock to raise $2.7 billion to replenish its coffers. A depressed share price forced the company to pay off ...
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Moda Operandi, an online marketplace for high-end fashion, raises $100M led by NEA and Apax Moda Operandi, an online marketplace that specialises in right-off-the-runway luxury fashion, accessories and home decor, is today announcing a high-priced event of its own: it's raised $100 million, a mix of equity and debt that it will use to invest in its ...
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Rocket Lab kicks off busy year with NRO launch WASHINGTON — Rocket Lab successfully launched a classified payload for the National Reconnaissance Office Jan. 30 in the first of up to a dozen launches planned by the company this year. Rocket Lab's Electron rocket lifted off from the company's launch ...
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It's Oregon Craft Beer Month; Function PDX pop-up gets celebration started Oregon Craft Beer Month — a celebration of craft beer that includes brewery tours, releases and other events — kicks off Friday with the Oregon Beer Showcase, a 10-day pop-up in Northwest Portland offering beers from all regions of the state. The showcase ...
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Utilities sign 5.3 GW wind PPAs in 2019, hitting new record: AWEA Utilities and corporations signed 8.7 GW of wind energy power purchase agreements (PPAs) in 2019, according to the American Wind Energy Association's (AWEA) quarterly report on Wednesday. Utilities procured a record amount of wind capacity 2019, ...
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Pound Ends Tough Month on a Bright Note After BOE Decision The pound is ending a tumultuous month on a high note just hours before Britain exits the European Union. Sterling is on course for its second weekly gain of the year, a day after the Bank of England kept interest rates unchanged, supporting the currency.
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Reynolds Wrap Maker Rises After Raising $1.2 Billion in IPO Reynolds Consumer Products Inc., the maker of Reynolds Wrap aluminum foil and Hefty trash bags, rose in its trading debut after raising $1.23 billion in the biggest initial public offering by a household goods maker. The company's shares rose Friday as much ...
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Cott To Sell S&D Coffee And Tea To Westrock Coffee For $405 Mln - Quick Facts (RTTNews) - Cott Corp. (COT, BCB.TO) said Friday it has agreed to sell S&D Coffee and Tea to Westrock Coffee Company, LLC for $405 million on a debt free and cash free basis, subject to a customary working capital adjustment. The sale is part of Cott's ...
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137 countries start work on tax rules for tech giants; Tim Cook backs approach Officials from 137 governments have begun work on new international tax rules for tech giants. The new rules will be designed to ensure that tech companies pay tax in each of the countries in which they operate, preventing them from funnelling profits ...
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Caterpillar 4Q Profit Rises Despite Sales Decline Caterpillar put a lid on costs in the fourth quarter, pushing profits higher despite an 8% decline in revenue. The strong profits, however, were overshadowed by an uncertain take on the year ahead with global growth slowing. Shares slipped $1.06 to $134.31 ...
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Telecoms group Orange chooses Nokia and Ericsson for French 5G network PARIS, Jan 31 (Reuters) - Orange, France's biggest telecoms company, said it had chosen Nokia and Ericsson to deploy its 5G network in mainland France, as China's Huawei Technologies faces intense political scrutiny in Europe. "For Orange, the ...
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Soon, there may be a lot fewer emotional support animals, service dogs on airplanes Travelers soon may be denied their chance to board airplanes with squirrels, peacocks and other exotic pets that are often disguised as emotional support animals. And, lovers of cats and miniature horses will be out of luck, too. If the U.S. Department of ...
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Gold inches down as WHO eases virus fears, but set for monthly gain (Updates prices, adds comments and details) * WHO opposes restrictions on travel or trade with China * Virus fears ensures break below $1,560 in gold unlikely- analyst * Palladium set to post best month since November 2016 * Platinum on track to decline ...
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Ordering pizza for Super Bowl 2020? We ranked the top chains Snacking is a Super Bowl ritual. For some, the party starts with hot and crispy Buffalo wings. For others, it's chips and dips, while a select fanbase rallies behind subs and sandwiches. Ahead of the big game Feb. 2, we tackled another crowd-pleaser – pizza.
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Roku stock falls after report says it's losing Fox apps ahead of the Super Bowl Shares of Roku Inc. ROKU, -5.73% are off 4% in Friday morning trading after a Verge report discussed a carriage dispute between Fox Sports and the streaming company, which could mean Roku would pull Fox apps off its platform just before the Super Bowl.
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HUL Q3 profit meets Street estimates: Key takeaways Mumbai: Hindustan Unilever (HUL) posted an in-line 12 per cent year-on-year rise in standalone net profit, but warned demand outlook and market growth may continue to be challenging in the short term. The country's largest consumer goods maker posted a ...
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Consumer Sentiment Improved in January By Harriet Torry. Americans' economic outlook improved at the end of January, as a University of Michigan survey released Friday hit an eight-month high. --The survey's headline index of consumer sentiment was 99.8 at the end of January, up from 99.3 at ...
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Under new management! Disgraced Neil Woodford's smaller Income Focus fund WILL reopen for investors on ... Investors in Neil Woodford's Income Focus fund will regain access to their cash at midday on 13 February 2020, when it will be reopened by administrators. Advertisement. The £270million fund has been overhauled since being taken over by Aberdeen ...
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WILD VIDEO: Deer bulldozes man; drink remains in tact CHARLOTTE, NC (CBS46) A man has quite a story to tell after a deer did an acrobatic back flip into him and took off running, barely breaking stride. Ken Worthy posted to Facebook, saying he and his wife were walking out of a McDonald's restaurant in the ...
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Tech Mahindra Q3 profit declines 4.7% at Rs1,146 crore MUMBAI : Information technology services provider Tech Mahindra on Friday surpassed street estimates while posting consolidated net profit at Rs1,146 crore for the December quarter, a 4.7% decline on a year-on-year basis in. On a sequential basis net ...
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A year after Bank of Valletta 'cyber heist', cuffs applied as cash-cleansing case continues Nearly a year after Malta's Bank of Valletta (BOV) yanked itself from the internet amid a "cyber intrusion", Britain's National Crime Agency (NCA) has made three arrests. Around £800k was transferred to a number of accounts during the 2019 "cyber heist", ...
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Tether Gold Stablecoin Gets Margin Trading Option with Leverage on Bitfinex Bitfinex presents a 5x leverage for trading of its XAUT gold-backed stablecoin against the U.S. dollar, Tether and Bitcoin. Tether Gold Stablecoin Gets Margin Trading Option with Leverage on Bitfinex Photo: Bitfinex / Twitter Altcoins, Bitcoin (BTC), ...
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Tongaat Hulett's share to resume trading on JSE on Monday Embattled sugar producer Tongaat Hulett, whose share will resume trading on the JSE on Monday after more than six months of suspension, is considering tapping shareholders as it seeks to reduce its SA debt by R8.1bn over the next 13 months. The group ...
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Amazon plans to open two 4-star brick-and-mortar stores in New Jersey in 2020 As global tech giant Amazon gets deeper into the world of physical retail, two New Jersey stores are now in the company's plans for 2020. A running list of brick-and-morter Amazon locations includes a pair of 4-star locations at the new American Dream Mall ...
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Arthur J. Gallagher: 4Q Earnings Snapshot ROLLING MEADOWS, Ill. (AP) _ Arthur J. Gallagher & Co. (AJG) on Thursday reported fourth-quarter profit of $98.5 million. The Rolling Meadows, Illinois-based company said it had profit of 51 cents per share. Earnings, adjusted for non-recurring costs, were ...
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2021 Mercedes-Benz C-Class mule reveals production design Prototypes of the next-gen Mercedes-Benz C-Class have been spotted winter testing, revealing the model's final production design ahead of a launch in 2021. The C-Class has been redesigned from the ground up, with highly efficient new hybrid drivetrains ...
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There are a couple of flight bargains on SAA - but its tickets remain much more expensive on the whole Business Insider South Africa compared some of SAA's cheapest economy flights, and found a number that were cheaper than Kulula.com, British Airways and even FlySafair. Overall, however, SAA flights remained more expensive than it's low-cost ...
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Warner Music Group Tops $1.25 Billion for the Quarter as Streaming Jumps 17% Warner Music Group just keeps chugging along, generating revenue of $1.256 billion during its first fiscal quarter, a 4% improvement on the corresponding period in the previous year. WMG also saw its net income jump 40%, from $86 million a year ago to ...
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Neighbors express concerns after fatal oil well blowout near Deanville DEANVILLE, Tex. (KBTX) - Local and federal investigators are working to find the cause of an oil well blowout that happened Wednesday on County Road 127 in Burleson County. One contractor was killed and three more were injured in the incident near ...
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