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Cellphone Carriers May Face $200 Million in Fines for Selling Location Data The Federal Communications Commission is set to propose about $200 million in fines against four major cellphone carriers for selling customers' real-time location data, according to three people briefed on the discussions. The penalties would be some of ...
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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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California regulators rebuke PG&E with $2.1 billion fine for wildfires SAN FRANCISCO — California power regulators slapped Pacific Gas and Electric with a $2.1 billion fine for igniting a series of deadly wildfires that landed the beleaguered utility in bankruptcy. The record penalty imposed Thursday in an administrative law ...
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The Wrong Kind of Market Record: S&P Falls by Double Digits in Fastest Time Ever Investors have seen their portfolios drop in record time. According to Torsten Slok, the chief economist at Deutsche Bank Securities, the (10.76%) decline the S&P 500 index has posted over the past six trading days marks the fewest trading sessions for the ...
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Trade Desk is behind seemingly ubiquitous 2020 online political ads, CEO says "We're having an amazing start to our 2020 and ... we're just feeling really great about our Q1," The Trade Desk CEO Jeff Green told CNBC. "We're feeling really great about the year, of course, as well and that's largely driven by political advertising," he said in ...
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Amazon cracks down on coronavirus price gouging and products making false claims Amazon has blocked or removed more than 1 million products from its third-party marketplace that made false claims about the coronavirus. The company also suspended or took down tens of thousands of deals from sellers that it accused of charging ...
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SEC orders Wells Fargo pay $35 million for recommendations of high-risk products WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission said on Thursday it ordered Wells Fargo & Co (WFC.N) to pay $35 million to settle charges it failed to adequately supervise investment advisers who were recommending high-risk ...
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Burning battery charger forces United flight from Newark to make emergency landing A United Airlines flight from Newark Liberty International Airport to the Bahamas was forced to make an emergency landing in Florida Wednesday after a passenger's backup laptop battery charger caught fire, officials said. Flight 1456, a United Airbus A320, ...
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Thyssenkrupp Sells Elevator Unit for $18.7 Billion to Advent, Cinven Consortium FRANKFURT/DUESSELDORF — Thyssenkrupp on Thursday said it agreed to sell its elevators division to a consortium of Advent, Cinven [CINV.UL] and Germany's RAG foundation for 17.2 billion euros ($18.7 billion) in what could be the world's largest ...
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How to buy a Tesla Cybertruck for just $400 Mattel Inc. has added the Tesla Inc. Cybertruck to the Hot Wheels lineup. The toy maker has radio-controlled versions available for pre-order in two sizes: a three-inch vehicle that can race on a Hot Wheels track, priced at $20; and a limited-edition version ...
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OnlyFans says it wasn't hacked after hundreds of performers' videos leak online More than 1.6TB worth of videos and images from OnlyFans has been leaked online. The data dump appears to be primarily comprised of women's accounts, specifically those who use the site to share pornographic images. OnlyFans claims it's not due to a ...
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Best Buy lease-to-own program under fire Best Buy last spring began offering a splashy lease-to-own program to customers who had been rejected for its store credit card. Progressive Leasing, executives said, would help cash-strapped shoppers buy big-ticket items they couldn't otherwise afford.
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Blue Apron is on the block: report Meal kit delivery service Blue Apron could get gobbled up by a tech investor. Continue Reading Below. The New York-based national food company which sends subscribers ingredients and recipes to make at home could get bought by an investor in rival ...
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Fiat Chrysler to cut shift at Windsor Assembly Plant; move affects 1500 workers Fiat Chrysler Automobiles plans to cut a shift this year at its Windsor Assembly Plant, where it produces the Chrysler Pacifica minivan. The move, from three shifts to two at the plant in Ontario, will affect 1,500 workers. It is effective June 29. The company said it ...
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This Common Piece of Social Security Advice Could Backfire Your Social Security benefits are calculated based on how much you earn during your 35 highest-paid years in the workforce. From there, you're entitled to your full monthly benefit based on those earnings once you reach full retirement age, or FRA. That age ...
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Baidu Expects Sales to Fall as Much as 13% After Virus Outbreak Baidu Inc. predicted revenue may slide as much as 13% this quarter, joining its fellow Chinese technology giants in warning about the uncertain impact of the deadly coronavirus. China's internet search leader forecast a 5% to 13% plunge in sales to between ...
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Eversource exec says restoring trust top priority following Columbia Gas purchase As Eversource Energy prepares to take the reins from the company responsible for the deadly 2018 Merrimack Valley gas explosions, one of its top executives said that restoring the public's trust through improved engagement and transparency is its top ...
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Tesla Model Y Order Confirmations In Canada Now February 27th, 2020 by Johnna Crider. Tesla Model Y deliveries are soon starting in Canada (as well the USA) and it is beginning to feel like Christmas in March. Tesla Model Y buyers in both Canada and the US have now received emails from Tesla telling ...
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India Plans Incentives To Woo Renewable Energy Companies Back To Auctions February 27th, 2020 by Smiti. India is struggling to attract renewable energy companies to set up new projects. Multiple factors, like delays in setting up transmission support infrastructure, delays in payment by off-takers, threats of retrospective changes to ...
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Chipotle is upgrading its queso — again After years of tinkering, Chipotle is confident it's finally found the right queso recipe. The chain first added the melted cheese dip to the menu in 2017. But many customers didn't like it, complaining that the texture was "gritty." A few months later, Chipotle ...
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Spotify inks lease for South Florida headquarters in Miami's Wynwood Spotify signed a lease in Wynwood for its South Florida headquarters, The Real Deal has learned. The music streaming company has been looking for office space in the Wynwood, Brickell and downtown Miami submarkets for months, sources said. Spotify ...
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18-year-old Charged with Robbing Twin Falls Store with Gun TWIN FALLS, Idaho (KLIX)-An 18-year-old is accused of robbing a small Twin Falls department store earlier this week. According to charging documents, Twin Falls Police arrested Marcos Rodriguez on Feb. 25, and charged him with one felony count of ...
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Brew City Brand created 'Miller Strong' T-shirts for Milwaukee Molson Coors employees in wake of shooting A popular local T-shirt company, Brew City Brand, was making "Miller Strong" shirts for Molson Coors employees Thursday. The shirts being offered to the employees are gray and white with a screen-printed heart featuring the classic "Miller" script.
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Long-awaited I-35 improvements could be coming in 2025 after state secures $4.3B in funding The 8-mile stretch of I-35 through Central Austin may be getting its first significant upgrade in 50 years. On Feb. 27, the Texas Transportation Commission authorized a plan to allocate $4.3 billion to fill the funding gap needed to kickstart what the state calls the ...
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Dell Sales Match Estimates as Company Announces $1 Billion Stock-Buyback Plan Dell Technologies on Thursday afternoon announced in-line results for the fiscal fourth quarter ended Jan. 31 and unveiled plans for a two-year, $1 billion stock-repurchase plan. For the quarter, Dell (ticker: DELL) posted revenue of $24 billion, with non-GAAP ...
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US Supreme Court Sides With ERISA Plaintiff The ruling in a case against Intel could make it easier for retirement plan beneficiaries to sue administrators for investing plan funds imprudently. Linkedin Share · Facebook Share · Twitter Share · Mail Share ...
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Both Gordmans stores in Wichita are closing Wichita's two Gordmans stores will close their doors soon. A spokesperson with Gordmans parent company, Stage Stores, said the stores at 2057 N. Rock Road and 7011 W. Central would close "in the near future." The spokesperson said the decision to ...
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One person hospitalized after crash in Pittsburgh One person was sent to a local hospital with injuries suffered in a crash Thursday evening in Pittsburgh's Uptown neighborhood. Allegheny County 911 dispatchers said a call came in shortly before 6:30 p.m. for a vehicle that crashed into multiple parked cars ...
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Marriott Is Already Reopening China Hotels During Coronavirus Crisis Marriott was already having trouble in Asia-Pacific in 2019 before the coronavirus impact hit. The company isn't forecasting a major impact outside of Asia, and it's already reopening hotels inside China. It pays to collect fees — and not actually own or run ...
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Gray Television: 4Q Earnings Snapshot ATLANTA (AP) _ Gray Television Inc. (GTN) on Thursday reported fourth-quarter earnings of $94 million. On a per-share basis, the Atlanta-based company said it had profit of 81 cents. The broadcast television company posted revenue of $579 million in the ...
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Live Nation Revenue Grew to $11.5B in 2019, But Can Its Stock Rebound? Live Nation posted big gains in 2019 that show the live music marketplace was alive and well -- that is, before the coronavirus spread outside of China and led to huge losses on Wall Street. Live Nation's revenue grew 7% to $11.5 billion and adjusted ...
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