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Fed seen slashing rates amid virus threat, low inflation SAN FRANCISCO/MEXICO CITY (Reuters) - The Federal Reserve may need to move aggressively to cut borrowing costs to cushion the economy from the rapid spread of the new coronavirus, in part because interest rates are already low and so is inflation.
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Best credit cards for commuters See how they all compare. Best overall. Wells Fargo Propel American Express® Card. Wells Fargo Propel American Express® Card. Learn More. Rewards. 3X points on dining out and ordering in; gas, rideshares and transit; flights, hotels, homestays and car ...
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Bob Iger was more than Steve Jobs' friend: He was legacy media's most tech-savvy CEO New York (CNN Business) Weeks after becoming chief executive of Walt Disney Co. in 2005, Bob Iger sat down with Steve Jobs to tell him about an idea he'd been mulling: The "iTV." "I'd been thinking about the future of television, and it occurred to me that it ...
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Oil prices dive to lowest in over a year as virus fears grow NEW YORK (Reuters) - Oil prices fell for a fifth straight day on Thursday, plunging to their lowest levels since January 2019 as more new coronavirus cases outside China fanned fears that a pandemic could slow the global economy. This video file cannot be ...
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With a $7 Billion Price Tag, Is Intuit Overpaying for Credit Karma? The accounting and small business software provider is attempting to sharpen its personal finance capabilities. Asit Sharma. (TMFfinosus). Feb 27, 2020 at 11:47AM. Author Bio. Midnight oil burners, unite! I'm a CPA & CMA (Certified Management Accountant) ...
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Stocks Go on a Wild Ride as Virus Threatens Economic Damage By DAMIAN J. TROISE and STAN CHOE, AP Business Writers. NEW YORK (AP) — Stocks went on a wild ride Thursday as investors struggle to gauge the potential impact of the coronavirus outbreak on the global economy. The Dow Jones Industrial Average ...
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Here's When You Should Buy Stocks Again Well, the bull market was fun while it lasted. Or maybe it isn't over at all. Stocks are in free fall this week as investors are spooked by the coronavirus. The S&P 500 (^GSPC) kicked off the week Monday by gapping down 2.4%, the worst opening gap lower for ...
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Judge Throws Out Bribery Charges in US Trial of Former Alstom Executive (Reuters) - A federal judge on Wednesday tossed all bribery charges on which a former executive at French industrial company Alstom SA had been found guilty at trial, a setback for U.S. prosecutors in a case that has tested the scope of an anti-bribery law.
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Windhaven Insurance Ceasing Operations, Assets to be Auctioned Off Auto and home insurer Windhaven Insurance has alerted its agents and employees in Florida that it is winding down the insurance operations of its entities, including Windhaven National Insurance Co., ClutchAnalytics and The Hearth Group, and that its ...
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Investors shy away from risk as coronavirus rattles markets LOS ANGELES — This week's big sell-off on Wall Street suggests stocks have finally caught up to the bond market, where fear of an economic slowdown has been evident for months. Signs that the new coronavirus that originated in China is now spreading to ...
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GLD: ETF Inflow Alert Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Gold Shares (Symbol: GLD) where we have detected an approximate $523.5 million dollar inflow -- that's a ...
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Recalibrating global data center energy-use estimates Data centers represent the information backbone of an increasingly digitalized world. Demand for their services has been rising rapidly (1), and data-intensive technologies such as artificial intelligence, smart and connected energy systems, distributed ...
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How to Make a Student Loan Complaint That Gets Results Trying to make a complaint against your student loan lender or servicer may feel like screaming into the void. In 2019, federal student aid customers made 44,155 complaints using the Federal Student Aid Feedback System, according to the most recent report ...
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Square Earnings Highlight Soaring Cash App Revenue Shares of Square (NYSE: SQ) were trading more than 7% higher in after-hours trading on Wednesday, following the company's fourth-quarter and full-year results. Investors are probably impressed by the company's strong top-line performance, sharp growth ...
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Citroen Ami Is An Unconventional EV You Can Give To Your Teenager For $22 A Month New mobility efforts need new vehicle ideas, and for that, the Citroen Ami is set to deliver. Designed for European cities, the all-electric Ami is a tiny, electric vehicle that people as young as 14 can drive (in France, anyway, for the rest of Europe it's mostly 16) ...
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Walmart developing a membership program to rival Amazon's Prime Walmart's battle with Amazon.com is going Prime time. The world's largest retailer is developing a paid membership program to challenge the internet giant's Prime offering — which has become the default online shopping option for millions around the globe.
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St. Cloud Man Sentenced for Sexually Assaulting Girl ST. CLOUD -- A Stearns County judge has sentenced a St. Cloud man to five years in prison for sexually molesting a 15-year-old girl multiple times in 2017. Fifty-six-year-old David Lenarz Jr. previously pleaded guilty to two counts of 2nd-degree criminal ...
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Facebook cancels F8 developer conference due to coronavirus risk Facebook Inc. FB, -1.96% announced Thursday that it would be canceling its F8 developer conference due to "growing concerns" around the coronavirus. The event was to take place in early May. The company said it would still stream videos and other ...
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Cubs channel that fans can't see symbolizes sports network woes (Bloomberg) — A new cable channel that carries the Chicago Cubs made its debut on Saturday, but Ken Matuszak, a lifelong fan of the team, wasn't able to tune in. His cable company, Comcast Corp., doesn't carry the new Marquee Sports Network, which is ...
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JetBlue offers free cancellations or changes as coronavirus outbreak spreads JetBlue will void change and cancellation fees for flights as the coronavirus continues to spread globally. On Wednesday, JetBlue announced that customers can change or cancel for free all bookings made from Thursday through March 11 for travel through ...
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Tesla shares slump as coronavirus hits China car registrations (Reuters) - Shares of Tesla Inc (TSLA.O) fell as much as 14% on Thursday on concerns about the impact of the coronavirus on the electric-car maker's vehicle registrations in China. Data from LMC Automotive showed that 3,563 Tesla vehicles were registered ...
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Apple CEO Tim Cook launches coding program for Alabama students 'The skills that people need as they graduate have changed,' Cook tells FOX Business Network's Susan Li. Facebook; Twitter; Comments; Print; Email. By Thomas BarrabiFOXBusiness. close. Apple CEO Tim Cook discusses how coding and creativity should ...
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Yum! Brands to Eliminate Use of Polystyrene Foam by 2022 A non-profit organization called As You Sow has successfully lobbied for environmentally friendly changes at Yum! Brands (NYSE:YUM). Yum! has committed to fully eliminating the use of expanded polystyrene packaging (commonly referred to by the ...
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Co-Diagnostics stock soars 57% on high hopes for its coronavirus test Shares of Co-Diagnostics Inc. CODX, +70.90%, a molecular diagnostics company that has developed a test for the coronavirus, rose another 57% on Thursday, bringing its month-to-date gains to 333%, after the company said it has received a CE Mark for its ...
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Growing Alabama bank to acquire Houston-area financial services firm Birmingham, Alabama-based Regions Bank is acquiring Kingwood-based equipment finance lender Ascentium Capital LLC. Ascentium Capital is the largest independent equipment finance lender in the U.S., according to a Feb. 27 news release from ...
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Canadian Stocks Grind to Halt on Technical Issue, TMX Group Says Canadian stock exchanges operated by TMX Group Ltd. have been halted due to a technical issue, the company said in series of tweets. The Toronto-based company said clients aren't able to enter, modify or cancel any open orders on TSX, TSX-Ventures ...
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Thyssenkrupp seals €17bn private equity deal for elevator unit Thyssenkrupp has clinched what is expected to be one of the largest ever buyout deals in Europe by agreeing to sell its elevator division to private equity groups Advent and Cinven for €17.2bn. The decision by the ailing German ...
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UPDATE: Eversource to buy Columbia Gas after deal with feds BOSTON — Columbia Gas of Massachusetts will be sold to Eversource Energy for $1.1 billion in a deal announced hours after federal prosecutors made public a settlement with the company to resolve a criminal charge for its role in the Merrimack Valley gas ...
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To Gauge The Impact Of The Coronavirus On China's Oil Demand, Look To West Africa Over the course of every month, about two dozen supertankers carrying more than a million barrels of oil apiece lumber past Cape Town, South Africa, on their way from west Africa to oil terminals on China's coast. The 12,000-mile journey takes nearly a ...
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How long will it take to pay off your student loan? Collectively, Americans owe a staggering $1.45 trillion in student loans -- and that's just for federal student loans. Outstanding private student loans add another $119 billion to the total, bringing it to $1.6 trillion overall. Continue Reading Below. The typical ...
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While stock market hit by coronavirus fears, Teladoc could see uptick in business Teladoc also has been actively partnering with the Centers for Disease Control and Prevention for several weeks to provide near real-time disease surveillance data. (Teladoc). Share Facebook Twitter LinkedIn Email Print. Teladoc executives are closely ...
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T-Mobile conducts layoffs as it prepares to complete Sprint merger T-Mobile "has laid off a number of employees" in its prepaid business, Light Reading reported yesterday. Light Reading said three sources confirmed layoffs in the Metro by T-Mobile prepaid business, but "the extent of the layoffs is unclear." We contacted ...
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BP Quits Oil Lobby Groups in its Pursuit of a Zero-Carbon Future The oil and gas giant continues moving further away from its peers in its efforts to reduce carbon emissions. Jason Hall. (TMFVelvetHammer). Feb 26, 2020 at 5:36PM. Author Bio. Born and raised in the Deep South of Georgia, Jason now calls Southern ...
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Cruise ship docks at Mexico's Cozumel amid virus fears MEXICO CITY -- The cruise ship MSC Meraviglia, turned away by two nations due to fears of a virus outbreak, docked at Mexico's Caribbean island of Cozumel on Thursday and President Andres Manuel Lopez Obrador said passengers will be allowed to ...
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Discovery Hires Hulu's Lisa Holme to Lead Streaming Strategy Lisa Holme, a Hulu veteran who had been leading its international expansion strategy, has joined Discovery in a newly created role to oversee content and commercial strategy for the company's direct-to-consumer streaming group. Discovery named Holme ...
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Here's How Colorado Ranks In Pedestrian Traffic Deaths Here's How Colorado Ranks In Pedestrian Traffic Deaths. The Governors Highway Safety Association has released preliminary data for 2019 on rates of pedestrian traffic deaths across the nation. By Amber Fisher, Patch Staff. Feb 27, 2020 1:10 pm MT ...
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Video-conferencing company Zoom lifts the limit on its free version in China because so many people are using it amid ... Video-conferencing software company Zoom announced it would be lifting the 40-minute limit on video calls for its free version inside China as the country continues to grapple with the novel coronavirus, CEO Eric Yuan wrote in a blog post Wednesday.
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