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Fed's Evans Says Too Soon to Say if Coronavirus Shock Needs Rate Cut MEXICO CITY—Chicago Fed President Charles Evans said Thursday that the U.S. central bank is closely monitoring the fallout from the spread of the coronavirus, but would look for an impact on the economy before thinking of a monetary policy response.
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Thyssenkrupp to Sell Elevator Unit in Nearly $19 Billion Private-Equity Deal BERLIN—Germany's troubled Thyssenkrupp AG said Thursday it would sell its lucrative elevators business to a consortium led by global buyout firms Advent International and Cinven Ltd. for €17.2 billion ($18.91 billion) in one of Europe's largest private equity ...
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What travel insurance covers for coronavirus — and what it doesn't Americans planning to travel abroad may be looking nervously as coronavirus spreads to multiple countries and wondering how much protection they have if they want to change or cancel their travel plans. They may have questions about what's covered if ...
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Here's how low stocks could go in a coronavirus 'growth scare' Stocks on Thursday were flirting with a correction — a drop of 10% from a recent high. Analysts at RBC Capital Markets argued that the S&P 500 could fall as much as 20% from their peak if the spread of COVID-19 sparks a full-fledged growth scare. The S&P ...
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Tim Cook says Apple is reopening factories as China gets 'coronavirus under control' Apple CEO Tim Cook said today that factories in China that manufacture the company's products are reopening as "China is getting the coronavirus under control." The comments came from a preview of an upcoming interview with Fox Business. Here is a ...
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Credit card vs. debit card: What's the difference? Credit card and debit cards may seem like the same thing — after all they're both rectangular pieces of plastic — but they act quite differently. One card provides you with a revolving loan, while the other card subtracts money from your bank account.
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FCC to Propose Fines for US Cellphone Carriers Over Consumer Data Disclosures WASHINGTON — The U.S. Federal Communications Commission is set to propose fining four major U.S. mobile phone companies at least $200 million in total for improperly disclosing some consumer real-time location data, two people briefed on the matter ...
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Review: Gus's World Famous Fried Chicken finally comes to roost in Santa Ana Recently, when it comes to fried chicken, no other state since Kentucky has captured our collective imagination like Tennessee. Orange County is still crazy for Nashville hot chicken, as the likes of Popeyes and other purveyors try to replicate the success of ...
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DoorDash Has Confidentially Filed IPO Paperwork as the Company Prepares to Go Public DoorDash is preparing for a public offering and has confidentially filed IPO paperwork with the SEC, the company announced Thursday. The food-delivery startup has made a series of high-profile acquisitions in the past year, including Scotty Labs and Caviar.
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JC Penney sees key sales figure down for the year NEW YORK — J.C. Penney Co. dumped more bad news on investors Thursday, estimating that sales for the current year at established stores would be down more than Wall Street expected. The disappointing sales outlook came as the struggling department ...
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Salesforce's Cloud Computing Acquisition Spree Is Gaining Momentum After just a year and a half sharing the workload with co-founder Marc Benioff, salesforce.com (NYSE: CRM) co-CEO Keith Block announced he was stepping down from the role and pursuing his "next chapter." Block will stay on as an advisor to Benioff, who's ...
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China Pops Tesla's Bubble Tesla's stock skidded as much as 15% on Thursday amid signs of weak sales in China due to a softening economy and the still-spreading coronavirus. The electric carmaker's shares fell to as low as $669.02 during morning trading from yesterday's close at ...
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This is where iBuyers dominated the market in 2019 It's safe to say that iBuying made waves in the housing market in 2019. From Zillow to Opendoor, the instant buyer conversation dominated the internet and the real estate industry, evolving and changing the way consumers purchase a home. While Phoenix ...
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EQT Corp sells half its stake in pipeline operator, strikes rate relief deal (Reuters) - EQT Corp (EQT.N) said on Thursday it renegotiated its gas transportation rates and sold half its stake in pipeline company Equitrans Midstream Corp (ETRN.N) as the largest U.S. natural gas producer tries to cope with low fuel prices. U.S. natural ...
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Kia Recalls Over 193K Vehicles; Fuel Leaks Can Cause Fires DETROIT — Kia is recalling more than 193,000 cars and minvans in yet another move to fix nagging problems that could cause engine fires. The largest of two U.S. recalls released by the government Thursday covers nearly 142,000 2013 and 2014 Optima ...
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Marilyn "Mar" F. Anfenson, 88, St. Cloud Marilyn "Mar" Faye Anfenson, age 88, St. Cloud, MN, died Wednesday, February 26, 2020 at St. Benedict's Senior Community, St. Cloud, MN. Funeral services will be Wednesday, March 4, 2020 at 11:00 AM at First United Methodist Church, Sartell, MN.
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Beyond Meat earnings: Shares rise 6% on big revenue beat There was plenty of bite in Beyond Meat Inc.'s quarterly sales. Beyond Meat's BYND, -5.66% shares were initially up 6% in after-hours trading Thursday after the maker of plant-based products reported fourth-quarter earnings that blew past Wall Street ...
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2022 Volkswagen GTI First Look in. Seminal hot hatch enters its eighth generation; 2.0-liter turbo I4 makes 242 horsepower; 6-speed manual, 7-speed dual-clutch automatic; Digital instrument cluster, smartphone as key; Current GTI pricing ranges from $28,595 to $36,495; Expected to reach ...
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Starbucks Is Back in Business in China Starbucks (NASDAQ:SBUX) is resuming its business in China. The coffee giant said on Thursday that it has reopened nearly all of its stores in the country after shuttering them temporarily in response to the coronavirus outbreak and the subsequent drop in ...
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The Frenzied Era of E-Scooters Is Over When they first appeared on the sidewalks of American cities in the fall of 2017 and spring 2018, rentable electric scooters felt as though they'd popped up out of nowhere—in part because they basically had. In cities like Santa Monica, California, and Austin, ...
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GM's last Chevrolet Impala just rolled off the Detroit-Hamtramck assembly line Jamie L. LaReau, Detroit Free Press Published 10:40 a.m. ET Feb. 27, 2020 | Updated 1:21 p.m. ET Feb. 27, 2020. CLOSE. CONNECTTWEETLINKEDINCOMMENTEMAILMORE. Joe Nickowski, 62, of Taylor works at getting a small bump out of a 2020 ...
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Pedestrian Deaths in 2019 Were Highest in 30 Years, Report Says Rising numbers of pedestrian deaths have garnered increasing attention across the country, spurring Vision Zero programs—a road-safety initiative aimed at bringing pedestrian fatalities to zero—to be adopted and municipalities to reconsider how cars and ...
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FTC filing suit to block Jefferson Health from acquiring Einstein Federal regulators said Thursday they will seek to block Jefferson Health's proposed acquisition of Einstein Healthcare Network, saying the deal will hinder competition in both Philadelphia and Montgomery counties. The Federal Trade Commission, jointly ...
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Drunken driving up, other crime down in region around MGM Springfield, analysis finds SPRINGFIELD — A crime analysis covering the first year of operations at MGM Springfield has provided mostly good news, but raised concerns about an increase in drunken driving. Christopher Bruce, a crime analyst for the Massachusetts Gaming ...
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Airlines deferring cabin upgrades as 737 MAX grounding drags on The passenger experience is facing a medium-term setback as airlines put off non-essential upgrades in the wake of the prolonged Boeing 737 MAX grounding, according to Astronics Corporation, the dominant provider of in-seat power with additional ...
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Yum Brands to stop using EPS packaging The owner of KFC, Taco Bell and Pizza Hut, Yum Brands Inc., is ditching expanded polystyrene packaging by 2022. The EPS removal is just one facet of Yum Brands plans to make all plastic packaging reusable, recyclable or compostable by the end of the ...
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Cities with most luxury hotels in US, according to AAA ratings New York City isn't just the city that never sleeps -- it also has the most luxury hotels in North America, according to one report. Continue Reading Below. On Thursday, 24/7 Wall Street published a list of 36 cities with the most luxury hotels, using AAA's annual ...
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Uber improving pickup process with new features in app STATEN ISLAND, N.Y. -- Having trouble finding your Uber driver even though the app says they've arrived? New features coming soon could solve your problems. The new features include a redesign of the arrival status menu, offering improved directions for ...
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Birmingham cracks list of 13 cities with 'incredible hidden beer scenes' Birmingham's beer scene keeps racking up the accolades. Food and travel site Thrillist released a list of 13 destinations in the country that are "secretly hiding incredible beer scenes." And you guessed it: Birmingham is one of them. Briefly nodding to the "free ...
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L Brands Beats Earnings Expectations Before Taking Victoria's Secret Private Victoria's Secret continued to weigh on sales, but management is hopeful a turnaround is in store with the sale to Sycamore Partners. John Ballard. (TMFRazorback). Feb 27, 2020 at 10:29AM. Author Bio. John covers consumer goods and technology ...
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TSX shut down for 'technical halt' as stock markets sell off The company that owns and operates the Toronto Stock Exchange ordered a "technical halt" to all trading on Canada's largest stock exchange on Thursday, a day when stock markets around the world saw heavy losses. TMX Corp. ordered the halt a little ...
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Lawmakers concerned ticket resale sites are hitting customers with hidden fees WASHINGTON (NEXSTAR) – Whether it's a ballgame or a concert, Americans spend tens of billions of dollars every year on ticket reseller sites like StubHub and Ticketmaster. Some members of Congress say that leaves room for consumers to be taken ...
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Supreme Court Rejects Stricter Deadline for Employee Claims Against Retirement Plans The U.S. Supreme Court on Wednesday refused to back stricter deadlines for workers to sue retirement plans over alleged mismanagement, ruling Intel Corp. cannot avoid a suit accusing it of unlawfully making high-risk investments that cost retirement plan ...
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Reward offered in Naperville identity theft case Police in west suburban Naperville are seeking to identify a woman who allegedly stole someone's identity to withdraw money from the victim's bank account. Naperville Crime Stoppers are offering a reward of $1,000 for information on a woman who ...
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Northrop Grumman's space zombie slayer grants Intelsat 901 five more years in orbit Northrop Grumman's zombie satellite-slaying Mission Extension Vehicle (MEV) has docked to the Intelsat 901 satellite, potentially affording the latter a life extension. It is the first time two commercial spacecraft have docked in orbit as well as the first time a ...
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Zoom Confusion Strikes Again as Investors Hunt Coronavirus Plays (Bloomberg) -- Shares of Zoom Technologies Inc., a Beijing-based maker of mobile phone components with a market value of just $18 million, have more than doubled this week as investors bet on companies that could benefit if coronavirus fears push ...
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AG Healey Reaches $1 Million Settlement With 7 Companies To Increase Behavioral Health Access Seven health care companies have agreed to take steps to improve access to behavioral health care in Massachusetts. Story continues below. Most Viewed Stories. People in disposable face masks have become a defining image of the coronavirus outbreak.
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Can Boston's taxi industry be saved? City councilors want to try. Boston's taxi industry has seen better days. Before transportation networking companies — better known as ride sharing businesses like Uber and Lyft — populated the hail-a-ride market, the medallions needed to operate a cab in the Hub could fetch as high ...
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CA lawmaker introduces bill that would offer financial incentives for meth users to stay sober A new California bill would offer financial rewards to meth users who stay sober. SB-888 was introduced this week by state Sen. Scott Wiener, D-San Francisco, in response to the increase in meth usage and overdose deaths across the state, according to ...
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