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All the Companies Quitting Facebook Want this delivered to your inbox each day? Sign up here. This is getting serious. A boycott of advertisers on social media is gaining momentum, and Facebook is the primary target. Marketers are expressing unease with how it handles misinformation and ...
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Chesapeake Energy Finally Succumbs With Chapter 11 Filing One of the longest-running dramas in corporate oil and gas history finally came to a climax on Sunday when management for Chesapeake Energy announced it would seek Chapter 11 protection under the U.S. bankruptcy code. The company has traveled a ...
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Single-Use Plastic Is Back in the Pandemic Era The world's reopening from coronavirus lockdowns is wrapped in plastic, most of which will never be recycled. The virus has given a new foothold to single-use plastics previously criticized for the waste they generate. To stem transmission of Covid-19, bars ...
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Quantum Joins Russell 2000®, Russell 3000® and Microcap® Indexes SAN JOSE, Calif., June 29, 2020 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO), a global leader and pioneer in video and unstructured data solutions, today announced it was added to the Russell 2000® Index, Russell 3000® Index and the ...
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Meet the Stock That Turned $100 Into $2.7 Million This year has represented quite the adventure for Wall Street and investors. While volatility never quite goes away when investing, we've had about a decade's worth of wild vacillations crammed into a four-month period, all thanks to the coronavirus disease ...
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The Fed now owns Walmart's debt. Here's why it matters A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business) Coca-Cola. Berkshire Hathaway. Marriott. Philip Morris. Walmart. These are just some of the companies ...
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Burger King's US same-store sales are flat as fast-food customers return to restaurants Burger King's U.S. same-store sales are trending flat. Popeyes Louisiana Kitchen's same-store sales have risen by the very high 20s. Canadian coffee chain Tim Hortons saw same-store sales declines in the negative high teens as of last week. A Burger King ...
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Edison, Energean cut oil and gas deal's value by two thirds MILAN/LONDON (Reuters) - Italy's Edison has agreed to reduce the value of the sale of its oil and gas operations to Energean by two thirds to $284 million after dropping the Algerian and Norwegian assets from the deal. Mediterranean-focused Energean last ...
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American Express adds new small business shopping credits to its cards CNN Underscored reviews financial products such as credit cards and bank accounts based on their overall value. We may receive a commission through The Points Guy affiliate network if you apply and are approved for a card, but our reporting is always ...
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What You Can Learn From Elon Musk's $700 Million Tesla Payday Elon Musk made over $700 million last month after Tesla hit certain performance thresholds that triggered his compensation agreement. While the dollar amount got all the attention, there is a hidden lesson in how Elon was able to achieve it. Ironically, that ...
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Gilead prices COVID-19 drug candidate remdesivir at $2340 per patient (Reuters) - Gilead Sciences Inc has priced its COVID-19 drug candidate remdesivir at $2,340 for a five-day treatment in the United States and some other developed countries, it said on Monday, as it set the price for a single vial at $390. FILE PHOTO: Gilead ...
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German inflation picks up in June BERLIN (Reuters) - German annual inflation accelerated at low levels in June, preliminary data showed on Monday, but remained well below the European Central Bank's target, providing further justification for stimulus. German consumer prices, harmonised ...
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Mortgage Interest Rates Today, June 29, 2020 | Rates slide Several closely watched mortgage rates receded today. The average rates on 30-year fixed and 15-year fixed mortgages both were down. On the variable-mortgage side, the average rate on 5/1 adjustable-rate mortgages also tapered off. Rates for mortgages ...
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Amazon warehouse workers go on strike in Germany over coronavirus infections Amazon warehouse workers have gone on strike in Germany after staff tested positive for the coronavirus. Labor union Verdi said Amazon is endangering the lives of warehouse workers. Amazon said it will have invested approximately $4 billion worldwide ...
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Area 1 Security raises $25 million for AI tools to protect against phishing Area 1 Security, a cybersecurity company offering AI-driven protections against phishing attacks, today announced it has raised a $25 million round. A spokesperson said the funding will accelerate R&D and the expansion of Area 1's go-to-market resources, ...
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The Toughest Times May Be Over for Asia's Worst-Performing Currency India's rupee, this year's worst-performing currency in Asia, may finally be ready to join the recovery seen in emerging markets. The rupee may strengthen to 75 per dollar by the end of December, an advance of about 1% from 75.5650 at 11:20 a.m. in Mumbai ...
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TABLE-India's mobile subscriber base rises in Feb; Vodafone Idea loses 3.5 mln subscribers June 29 - India's mobile phone customer base rose by 4.15 million subscribers to 1.16 billion in February, data released by the country's telecoms regulator showed on Monday. The table below shows mobile phone subscriptions in India, the world's ...
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Dodge Hints at an 8950-HP Lineup with Patriotic Teaser Video After Ram teased the TRX to the world last week, the excitement was palpable, and now we have even more high-performance news from the house of horsepower. This morning Dodge released a video teasing upcoming models. In typical Dodge fashion, the ...
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Shaq Surprises Papa John's Customers From Inside the Box as They Try His New Pizza His new item—which the restaurant chain has been teasing on its website—is an extra large pepperoni pizza with extra cheese and extra pepperoni. The Shaq-a-Roni, as the brand is calling it, launches today. And for every Shaq-a-Roni purchased, Papa ...
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Online used-car seller Shift to go public through reverse merger June 29 (Reuters) - Online used-car seller Shift Technologies on Monday said it plans to go public later this year through a reverse merger with a blank-check company, as U.S. capital markets rebound after the coronavirus crisis forced companies to halt new ...
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Bagged salad mixes recalled after more than 200 people get infection Twenty three people have been hospitalized and 206 have lab-confirmed infections after eating a bagged salad mix, the U.S. Centers for Disease Control and Prevention said. The cases, which are in eight states mostly in the Midwest, are infected with ...
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Nearly 60000 lbs. of chicken nuggets being recalled because they may contain a rubber material (CNN) Pilgrim's Pride is recalling about 59,800 pound of chicken breast nuggets because they may be "contaminated with extraneous materials, specifically flexible rubber material," officials said. The Department of Agriculture announced the recall Sunday.
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Too-big-to-fail banks mostly a thing of the past, say regulators LONDON (Reuters) - Reforms to the global financial system following the banking crisis a decade ago have cut the risk of taxpayers having to rescue lenders again but some gaps still need plugging, the Financial Stability Board (FSB) said on Sunday.
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Asian shares slide, following Wall St selloff on virus fears Shares fell Monday in Asia, tracking losses on Wall Street as rising virus cases cause some U.S. states to backtrack on pandemic reopenings. Tokyo's Nikkei 225 index lost 1.3% in early trading. Shares also fell in Hong Kong, Sydney, Shanghai and South ...
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GrubHub's stock gets a lift after Chipotle partnership announced Shares of GrubHub Inc. GRUB, +0.14% got a 1.2% lift in premarket trading Monday, after the web-based food delivery company announced a partnership with Chipotle Mexican Grill Inc. CMG, -1.50% , as the casual dining restaurant chain looks to expand its ...
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Wirecard soars as business activities continue Wirecard AG shares soared higher Monday after the company said Saturday that its business activities are continuing despite its having filed for insolvency in a court in Munich, Germany. At 0820 GMT, Wirecard shares traded 170% higher at EUR3.45, ...
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Nokia wins exclusive Taiwan Mobile 5G deal Press Release. Nokia wins exclusive Taiwan Mobile 5G deal. Nokia selected as single vendor for 5G RAN, Core and IMS in three-year deal; Continues long-standing partnership into 5G era; Taiwan Mobile pursuing 5G strategy focused on digital ...
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Barista receives nearly 80k in tips after being publicly 'shamed' by customer who was asked to wear a mask SAN DIEGO, California- The public came to the defense with tips and words of support for a 24-year-old Starbucks barista who was publicly shamed for asking a customer to wear a mask. According to CNN, Lenin Gutierrez is the San Diego-based barista who ...
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Nikola Sells $5000 Reservations for a Truck With No Prototype Even in the innovative world of electric vehicles, it's an unusual proposition: Plunk down as much as $5,000 now to reserve the right in a few years to buy a battery-powered truck, before seeing a prototype or manufacturing plan to assure it'll ever be built.
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Sensex falls 210 points as Covid cases surge; Nifty ends at 10312 Mumbai: A late rally in private lenders and firm FMCG stocks helped Sensex end off day's lows on Monday, but sentiment remained poor following weakness in global stocks markets amid a relentless rise in new coronavirus cases across the globe.
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Recovery of euro zone economic sentiment gathers pace in June BRUSSELS (Reuters) - The recovery of economic sentiment in the euro zone intensified in June after a modest pick-up in May, with improvements across all sectors and a much more buoyant sense of future business, European Commission data showed on ...
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How hackers extorted $1.14m from University of California, San Francisco A leading medical-research institution working on a cure for Covid-19 has admitted it paid hackers a $1.14m (£910,000) ransom after a covert negotiation witnessed by BBC News. The Netwalker criminal gang attacked University of California San Francisco ...
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The golden era for yellow metal is here to stay The first half of the year 2020 turned out to be a solid one for gold investors with the yellow metal offering double-digit returns. While prices of gold in the international market soared 16 per cent, MCX gold gained by around 23 per cent in the same time frame.
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Congress holds nationwide protests against fuel price hike; Sonia, Rahul slam Centre NEW DELHI: The Congress on Monday organised protests in several cities across the country against the increase in fuel prices and demanded immediate roll back of the hike. Congress president Sonia Gandhi attacked the Centre for raising fuel prices 22 ...
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SAP Launches Global Bharat Programme To Make MSMEs Globally Competitive New Delhi, June 29: Tech giant SAP India on Monday announced the launch of the Global Bharat programme to equip Micro, Small, and Medium Enterprises (MSMEs) in the country with digital technologies, and help them become globally more competitive.
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All-new Ford F-150 unveiled As America returns to work, Ford reveals its all-new F-150 – part of the F-Series lineup that's been America's choice for getting the job done for 43 consecutive years. The all-new F-150 is purpose-built to be the toughest, most productive F-150 ever and ...
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AAA: Gas prices rise slowly going into July Gas prices are rising slowly, but remain affordable for summer road trips heading into July, according to AAA. The national average price for gas is $2.17/gallon, which is four cents higher than a week ago. Last year at this time the price was $2.72/gallon.
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Oracle sets up second cloud region in India to take on Amazon, Microsoft Oracle, one of the world's biggest technology companies, is increasing its investments in India, which is becoming its major battleground to take on rivals Amazon, Microsoft and Google and dominate cloud computing services. The Redwood City- ...
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Britons to spend £210m in rush to the pub on July 4 weekend New research by the Centre for Economics and Business Research (CEBR) predicts that more than a third of UK adults plan to visit a pub in the first week they reopen after the lockdown. After more than three months stuck at home, drinkers are expected to ...
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Innoviti Covers 30% Of Employees Under ESOP, Enhances Pool To $10 Mn Bengaluru-based digital payments solutions startup Innoviti said on Monday (June 29) that it was enhancing its ESOP pool to $10 Mn. The pool was created as a part of the structuring carried out during the recent Series C fundraise from Netherlands-based ...
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Deliveroo debuts dine-in feature for reopening restaurants Deliveroo has today announced a new so-called table service feature, which will help restaurants cater to customers choosing to dine in without breaching social distancing measures. Available from 15 July, the tool will let customers browse the menu, order ...
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Regional airline Rex is moving ahead with its plan to fly between Sydney, Melbourne and Brisbane Regional Express Airlines says it will push ahead with plans to launch jet services between Sydney, Melbourne and Brisbane as a direct competitor to Qantas and Virgin Australia. The ASX-listed airline said on Monday it will raise $30 million either by selling ...
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Telegram to pay US SEC fine of $18.5mn over digital token charges San Francisco: Telegram has agreed to return more than $1.2 billion to investors and to pay an $18.5 million civil penalty to resolve the US Securities and Exchange Commission's charges that the instant messaging platform's unregistered offering of digital ...
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Gold marginally down Rs 26: HDFC Securities New Delhi, Jun 29 () Gold prices in the national capital went down marginally by Rs 26 to Rs 49,245 per 10 gram on Monday, according to HDFC Securities. In the previous trade, the precious metal had closed at Rs 49,271 per 10 gram. Silver also witnessed ...
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India is "directionally right" in achieving renewable target: Tata Power Solar MD Ashish Khanna Ashish Khanna, Managing Director & CEO, Tata Power Solar and President, Tata Power Renewables, has said India is "directionally right" in achieving the ambitious 175GW renewable target by 2022. He has, however, issued a note of caution in regard to the ...
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S&P affirms China rating; flags risk to growth from coronavirus, tensions with US Credit rating agency S&P Global Ratings on Monday affirmed China's sovereign credit ratings at 'A+/A-1' with a stable outlook, amid the ongoing coronavirus outbreak. S&P said China is likely to maintain above-average economic growth relative to other ...
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Shares pare losses amid virus worries Australian shares have pared back some of the early losses but sentiment remains cautious amid investor concerns over rising coronavirus cases at home as well as in the United States. The S&P/ASX200 benchmark index was lower by 69 points, or 1.17 per ...
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AWS launches Outposts in New Zealand & APAC Amazon Web Services (AWS) Outposts has launched in New Zealand this week, as the company announced general availability of fully managed and configurable racks of AWS-designed hardware. This hardware assists customers with running AWS ...
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Iron Ore & Steel Q3 China Outlook: Iron ore prices seen lower, steel output strong Iron ore prices are expected to soften from current high levels in the July-September quarter, though Chinese steel margins will remain healthy, driven by demand from infrastructure and property construction, according to the latest S&P Global Platts Iron Ore ...
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