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Coronavirus Fears Reverberate Across Global Economy Investors, fearing that the spread of the coronavirus is tipping the global economy into a recession, handed the stock market its largest weekly loss since the 2008 financial crisis on Friday amid worries that one of the longest economic expansions in history ...
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Buy stocks slowly — 'we're getting closer to a bottom,' Jim Cramer says "We've had back-to-back days, though, where 10 times as many stocks were falling versus going up, and that is highly unusual," CNBC's Jim Cramer said. "It suggests we're getting closer to a bottom ... though we probably may not be there yet," the "Mad ...
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Cambridge biotech Moderna leads in the race for a coronavirus vaccine The company has already produced an experimental medicine, but its CEO cautions that an approved treatment is more than a year away. By Jonathan Saltzman Globe Staff,Updated February 28, 2020, 25 minutes ago. Scientist Xinhua Yan worked in a lab at ...
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Biotechnology trade group taps former Biogen CEO as its coronavirus czar (Reuters) - The Biotechnology Innovation Organization (BIO), the biotechnology industry's largest trade association, told Reuters on Friday that former Biogen Inc (BIIB.O) CEO George Scangos would coordinate its response to the global coronavirus outbreak.
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Apple Closely Watching Coronavirus Outbreak in South Korea, Italy: CEO (Reuters) - Apple Inc is closely watching how the coronavirus outbreak is unfolding in South Korea and Italy, where the company has suppliers, Chief Executive Officer Tim Cook said in an interview. Apple counts major Korean display makers Samsung ...
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Pittsburgh restaurant fights against food delivery apps, claim they hijacked their menu PITTSBURGH — A local restaurant is calling out several food delivery service apps, claiming their menu was hijacked and they're being forced to participate in the take-out service. It all came to a head with a heated confrontation this week between a ...
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On Rare Disease Day, Boston area biotechs put a spotlight on patients To mark it, local companies have been hosting events that range from fitness contests to documentary screenings. By Anissa Gardizy Globe Correspondent,Updated February 28, 2020, 12:37 p.m.. At Avrobio in Cambridge's Kendall Square, "Rare Disease ...
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Amazon defers 'non-essential' moves even in US as corporate travel bans spread (Reuters) - Amazon.com deferred all non-essential travel, within the U.S. and beyond, and Google set new restrictions for travel to South Korea and other places, as corporations moved to protect employees from the spread of coronavirus. FILE PHOTO: The ...
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JobsOhio reports lower jobs numbers, larger staff for 2019 COLUMBUS, Ohio — JobsOhio's self-reported jobs figures were down in 2019, the first year under new leadership appointed by Gov. Mike DeWine, according to a new annual report from the state's economic development non-profit. JobsOhio took credit for ...
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Harris Health System warns nearly 2300 patients of possible privacy breach after personal files lost HOUSTON – The Harris Health System is warning 2,298 patients about a potential privacy breach reported on Dec. 30, 2019. Officials said two envelopes containing 143 pages of protected health information were lost while they were being transported to Ben ...
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CVS and Walgreens Warn of Hand Sanitizer Shortage as Coronavirus Spreads Pharmacies and health service providers have begun to warn the public that should the COVID-19 coronavirus outbreak continue, the U.S. could see a shortage of sanitation products. That's exactly what CVS Health (NYSE:CVS) and Walgreens ...
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Muskegon Family Care is not closing says new CEO MUSKEGON, Mich. — Muskegon Family Care announced it would shut its doors by March 31.That announcement came through a statement by Muskegon Family Care on February 17. Now, the broad has elected a new CEO, Daniel Oglesby. He said Friday ...
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Grand Central restaurateur and father of Lady Gaga refuses to pay rent over poor conditions (CNN) Joe Germanotta is the owner of the Art Bird & Whiskey Bar in New York City's Grand Central Terminal, but he hasn't paid more than $260,000 in rent and fees. The restaurateur and father of Lady Gaga says he's refusing to pay because of unclean ...
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Exxon to begin restart of Baton Rouge, Louisiana, refinery this weekend: sources HOUSTON (Reuters) - Exxon Mobil Corp (XOM.N) plans to begin restarting its 502,500 barrel-per-day Baton Rouge, Louisiana, refinery as early as Friday with the largest crude distillation unit (CDU), said sources familiar with plant operations. The 210,000 ...
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Day Around the Bay: Supervisor Claims Discrimination at SF Cigar Bar San Francisco Supervisor Shamann Walton says he was discriminated against at the Occidental Cigar Club on Thursday — an incident which he outlined in a one-star Yelp review. He reports having a rude hostess who "repeatedly informed [our group] that ...
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Leap Day 2020: Top 11 freebies, deals and discounts available STATEN ISLAND, N.Y. -- Leap Day is upon us, granting us 366 days this year. Get yourself something extra on this extra day. After all, there won't be another Feb. 29 for four years. WHY DO WE HAVE LEAP YEARS? A leap year occurs to help synchronize the ...
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Landmark Ford pays $27000 to settle child labor violation Tigard auto dealership Landmark Ford has agreed to pay $27,000 to settle allegations from the U.S. Department of Labor that the company violated child labor laws with the jobs it gave teenage employees. Investigators say Landmark Ford employed a ...
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FDA accuses Jimmy John's of serving vegetables linked to E. coli and salmonella outbreaks The US Food and Drug Administration has issued a warning letter to the Jimmy John's sandwich chain, saying certain vegetables it served were implicated in five outbreaks of E. coli or salmonella in the past seven years. The letter accuses the chain of ...
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Ohio bridal shops look for backup plans after coronavirus could lead to gown shortage DUBLIN, Ohio (WSYX/WTTE) — Summer wedding season will be here soon and now bridal shops are sending a warning to any future brides. China is a leading supplier of wedding gowns but because of the coronavirus, many factories in China have been ...
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Sanofi to pay $11.9 million to resolve US drug kickback probe BOSTON (Reuters) - Sanofi SA (SASY.PA) has agreed to pay nearly $11.9 million to resolve allegations that it used a charity that helps Medicare patients cover out-of-pocket drug costs as a way to pay kickbacks aimed at encouraging the use of a high-priced ...
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What's Causing Today's Gold Sell-Off as Markets Fall The rapid spread of the virus beyond China has heightened investor's fears over its potential impact on the global economy. While countries around the world are stepping up efforts to stop a pandemic, the coronavirus has spread to every continent except ...
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India's economy grows slowly in Dec quarter, with virus impact to come By Manoj Kumar. NEW DELHI, Feb 28 (Reuters) - India's economy expanded by 4.7% in the December quarter compared with the same period a year earlier, the slowest pace in more than six years, and analysts see the global impact of the coronavirus ...
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John Deere laying off 42 at east Iowa location in May WATERLOO, Iowa (AP) -- Deere & Co. plans to lay off 42 workers in Waterloo — the latest round of layoffs in the state the farm equipment maker has announced in recent months. The Des Moines Register reports that the company told Waterloo workers ...
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Here's the File Clearview AI Has Been Keeping on Me, and Probably on You Too After a recent, extensive, and rather withering bout of bad press, the facial recognition company Clearview AI has changed its homepage, which now touts all the things it says its technology can do, and a few things it can't. Clearview's system, the company ...
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Deserted no more: Tens of thousands visit this NJ village yearly Its name may be a misnomer now because it was only truly abandoned for less than two decades, and it's been more or less continually active since the 1880s. But the Deserted Village stands as a unique feature of the Watchung Reservation, and something ...
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Alaska Airlines Suspends Change Fees Airlines are being hit hard by the uncertainty from coronavirus, causing many to put off planning travel. A couple of days ago JetBlue announced that they'd suspend change and cancelation fees, and now Alaska is following their lead. In this post: Alaska cuts ...
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Pennsylvania State Police seize 71 illegal 'skill-based' gambling machines PHILADELPHIA (KYW Newsradio) — Illegal gambling machines are rapidly expanding across Pennsylvania, and the state lottery said sales from unsanctioned devices are cutting into the state's ability to generate funds for senior citizens. Over the past month, ...
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Better Business Bureau: Beware of coronavirus scams KNOXVILLE, Tenn. (WATE) — The Better Business Bureau is warning people to beware of a new scam that uses the coronavirus to steal your money and personal information. The scam usually begins on social media or in an email. The message is usually ...
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There's an All-New Jeep We Didn't Expect Coming Later This Year The Jeep Grand Cherokee may be a stalwart of the SUV brand's lineup — the company moved 242,969 new units out the door last year, making 2019 the best sales year in Grand Cherokee history — but it's an aging contender in the midsize SUV field.
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