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A mutual fund made a $105 million mistake. Here's what investors need to know. When a mutual fund management team made an administrative mistake in May, it cost shareholders over $100 million. Now, that team has been re-assigned, and the asset manager has compensated the fund for the losses. But there are lessons to be learned ...
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Roche Arthritis Drug Fails Covid-19 Testing Roche Holding AG RHHBY 0.83% said its anti-inflammatory drug Actemra failed to help Covid-19 patients in a late-stage clinical trial, the latest setback for a class of drugs that doctors hope can halt a haywire immune reaction linked to the new coronavirus.
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The Average Car On The Road Is Now Nearly A Dozen Years Old Perhaps it's a testament to how well they're built, or how expensive new models have become, but the nation's fleet of cars, trucks, and sport-utility vehicles continues to grow older. The average age sits at a decidedly senior 11.9 years this year.
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Shingrix crashes for GlaxoSmithKline as vaccination slows amid COVID-19 Because of a sharp decline in shingles vaccine Shingrix amid the COVID-19 pandemic, GlaxoSmithkline's vaccines business saw a year-over-year sales decline of 29% in the second quarter. (GlaxoSmithKline). Share Facebook Twitter LinkedIn Email Print.
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Here's who's eligible for a credit card and what factors card issuers consider when you apply Credit card applications can be completed in minutes, but in order to make the process go fast, you'll need to meet certain requirements and provide specific information. While each card issuer uses their own criteria and formula for determining whether you're ...
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PRECIOUS-Gold eases as investors await US Fed's stance ... * Holdings in SPDR Gold Trust at seven-year peak * Silver eases from multiyear high * Interactive graphic tracking global spread of coronavirus: open tmsnrt.rs/3aIRuz7 in an external browser (Recasts, adds comments, updates prices) By Nakul Iyer July 29 ...
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US energy use hit 30-year low during pandemic shutdowns BILLINGS, Mont. — U.S. energy consumption plummeted to its lowest level in more than 30 years this spring as the nation's economy largely shut down because of the coronavirus, federal officials reported Wednesday. Support our journalism. Subscribe today ...
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Blue Apron Earnings Buoyed By At-Home Meals Trend Blue Apron Holdings Inc., the meal kit delivery service, reported second-quarter (Q2) net income of $1.1 million after reporting a $7.7 million loss in the same period last year, the company announced on Wednesday (July 29). As a surge of Americans ordered ...
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Why Elon Musk Is the Marketer Of the Moment For many years, automobiles was the most boring category to cover from a marketing/advertising perspective. That's partially because there were no new entrants, merely new sub-brands from the big industry players. But the lack of competition in autos was ...
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Dow sees muted gains but Nasdaq kicks off Wednesday solidly higher ahead of Fed policy update, key tech hearing U.S. stock benchmarks on Wednesday opened with gains as investors awaited the conclusion of a Federal Reserve policy meeting later in the day, watched talks on a coronavirus aid package in Congress, and awaited a highly anticipated congressional ...
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Home Care Startup Draws $100M Investment From Humana Humana is placing a $100 million bet that the future of healthcare can be found in a 21st-century version of the old-fashioned house call. The health insurance giant on Wednesday (July 29) announced that it will invest $100 million in Los Angeles-based Heal, ...
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Pending home sales continued to rebound across the country in June (for now) The numbers: The index of pending home sales rose 16.6% in June as compared with May, the National Association of Realtors reported Wednesday. The increase comes after pending home sales experienced the largest monthly rise on record last month, ...
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2021 Consumer Electronics Show In Las Vegas Cancelled By COVID-19, To Go All-Digital COVID-19 has just claimed another travel. industry victim. The Consumer Electronics Show, one of the largest trade shows in the world, has been cancelled as an in-person event. Instead of the show taking over Las Vegas from January 6 to 9, 2021, CES ...
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How to take a high-interest loan and skip the debt cycle For the millions of Americans who struggle to afford an unexpected expense, high-interest payday and online loans may seem like acceptable options despite the inherent risk. But guidance issued by federal regulators in the spring could bring a competitor to ...
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Historically Black colleges: MacKenzie Scott donates millions of dollars to diverse institutions Author and billionaire philanthropist MacKenzie Scott has donated more than $1.7 billion to diverse organizations, including historically Black colleges and universities. Scott's former husband is Amazon co-founder Jeff Bezos. This is according to a statement ...
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AMD Gains Server Chip Market Share at Intel's Expense Ian King (Bloomberg) -- Advanced Micro Devices Inc. is gaining share in the lucrative market for server chips, the latest sign it's benefiting from close ties to a major Taiwanese factory partner to win orders from larger rival Intel Corp. Shares surged in late ...
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Shopify stock surges toward record high as pandemic drives booming e-commerce growth Revenue nearly doubles from a year earlier as the company easily tops expectations with latest results. Shopify topped expectations across the board as the pandemic drove more people to shop online. Cole Burston/Bloomberg. Email icon; Facebook icon ...
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Hidden Costs of Roth IRA Conversions First, let me start off by saying I love Roth IRAs. The younger you are the better Roth IRAs potentially look. The same goes for people who don't need the money and would like to leave it to future generations. There are very few more effective options for ...
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Norwegian Cruise Line cancels cruises until November, one month past CDC ban Norwegian Cruise Line Holdings is canceling cruises until November. The Miami-based company announced it is canceling cruises worldwide through October 31, a full month after the ban on cruises put in place by the U.S. Center for Disease Control and ...
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WATCH: JetBlue Deploys Honeywell's Ultraviolet Cleaning System JetBlue Airways has partnered with Honeywell to put the company's new UV Cabin System into service as part of a pilot program by the airline. In clinical studies, ultraviolet light has been found to be capable of significantly reducing certain viruses and ...
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GM teases Hummer EV truck and SUV ahead of new late 2020 reveal date General Motors is now set to unveil the all-electric Hummer truck sometime in the fourth quarter of this year, after scratching the original May 20th reveal due to the COVID-19 pandemic. But in the meantime, the company (and the GMC brand, under which the ...
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Sampo and RMI in talks to buy British insurer Hastings LONDON, July 29 (Reuters) - Finnish insurer Sampo and South Africa's Rand Merchant Investment (RMI) are in talks to buy British motor insurer Hastings, the two insurers said on Wednesday, sending Hastings' shares up 15%. Sampo wants to expand into ...
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Massachusetts is home to the best luxury hotel in the US, according to Tripadvisor users Nantucket is home to the best luxury hotel in America, according to Tripadvisor users. Related Links. These 2 New England beaches just ranked among the best in the U.S. · Mass. has changed its coronavirus travel rules. Here's what to know. Show us photos ...
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Morgan Stanley Raises Tesla's Price Target, But Remains Bearish Tesla Inc (NASDAQ: TSLA) got a price target hike on Wednesday, but the analyst remains bearish on the stock and says too much success is already priced in. The Tesla Analyst: Morgan Stanley analyst Adam Jonas reiterated his Underperform rating for ...
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These retail stores are closing in the Triad: Justice, Lane Bryant and Catherines The Triad is losing one Lane Bryant Factory store, three Catherines and four Justice retail stores as part of Ascena Retail Group Inc.'s Chapter 11 bankruptcy protection plan. Ascena is the parent company of the Ann Taylor, Loft, Lane Bryant, Justice and Lou ...
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Europe secures supply of Gilead's COVID-19 drug remdesivir Gilead agreed to supply European Union countries with enough doses of the COVID-19 medicine remdesivir to treat about 30,000 patients. The July 28 contract is worth 63 million euros, or about $74 million, and calls for shipments to begin in early August, ...
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US News report: UF Health, Jax's Mayo tie as state's best University of Florida Health Shands Hospital emerged as Florida's top health center in the U.S. News & World Report's 2020-21 Best Hospitals survey Tuesday, with nine medical specialties placing in the nation's Top 50. Mayo Clinic in Jacksonville tied with ...
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Planet Fitness to require gym goers to wear masks Staring Saturday, anyone visiting or working out at a Planet Fitness location will need to wear a mask for the duration of their visit. Already, employees at the gym franchise's 1,450 locations have been required to wear facial coverings but on Monday, the ...
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CANADA STOCKS-TSX climbs after upbeat earnings from Shopify, Enbridge July 29 (Reuters) - Canada's main stock index rose on Wednesday after a slew of upbeat earnings reports from those including e-commerce company Shopify Inc and pipeline operator Enbridge Inc. * Technology sector rose 3% boosted by Shopify Inc, which ...
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Tops makes changes in produce to reduce environmental impact Williamsville, N.Y.-based Tops Friendly Markets has moved away from foam produce trays and has switched to a local supplier of greenhouse-grown tomatoes as part of ongoing efforts to reduce the company's environmental impact. Director of produce and ...
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In Celebration Of National Mustard Day French's Releases Mustard Beer In Partnership With Oskar Blues Brewery HUNT VALLEY, Md., July 29, 2020 /PRNewswire/ -- Today, French's® announced the availability of French's Mustard Beer, just in time for National Mustard Day. Developed in partnership with Oskar Blues Brewery, known as the maker of the original craft beer ...
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Airline Pilots Association calls for FedEx to suspend operations in Hong Kong, cites 'unacceptable risks' The FedEx Express unit of the Airline Pilots Association (ALPA) passed a resolution July 23that calls for a suspension of the company's operations in Hong Kong, due to circumstances related to COVID-19. "In Hong Kong, recent government mandates ...
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Unibail Rodamco's net rental income hit by pandemic July 29 (Reuters) - Europe's largest property firm Unibail-Rodamco-Westfield on Wednesday posted a 14.2% like-for-like decline in first-half net rental income after the company was forced to close most shopping centres because of the COVID-19 pandemic.
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CVS Health Selects Vida Health's Weight Loss+ Program for Inclusion in Its Point Solutions Management Offering SAN FRANCISCO--(BUSINESS WIRE)--Jul 29, 2020--. CVS Health has selected Vida Health's Weight Loss+ program to be part of the company's Point Solutions Management offering, which enables CVS Caremark pharmacy benefit management (PBM) ...
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IndiGo to raise at least ₹20 billion via leaseback BENGALURU/NEW DELHI: IndiGo, India's largest airline, said on Wednesday it planned to raise at least ₹20 billion ($268 million) through the sale and leaseback of planes and other assets, after reporting its steepest quarterly loss in at least five years.
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Penske: 2Q Earnings Snapshot BLOOMFIELD HILLS, Mich. (AP) _ Penske Automotive Group Inc. (PAG) on Wednesday reported second-quarter net income of $45.1 million. The Bloomfield Hills, Michigan-based company said it had profit of 56 cents per share. The results exceeded Wall ...
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Tower Semiconductor falls sharply after Q2 results Israeli chipmaker Tower Semiconductor Ltd. (Nasdaq: TSEM; TASE: TSEM) reported financial results for the second quarter of 2020 today in line with expectations. Nevertheless, the company's share price was down 9% on Nasdaq today at $20.88, giving a ...
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Rite Aid used facial recognition cameras in multiple US stores for years, but has since shut them off: Report An investigation by international media outlet Reuters found that, for years, Rite Aid used facial recognition cameras and technology in hundreds of its U.S. stores. The drug store chain, which is headquartered in Camp Hill, has since turned the cameras off, ...
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Federal Judge Orders Unemployment Payouts For Uber, Lyft Drivers On Tuesday, a federal judge ruled that rideshare drivers must receive state unemployment benefits within 45 days. A group of drivers and an advocacy group called the New York Taxi Workers Alliance sued Gov. Andrew Cuomo in late May, arguing that Uber ...
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Smith+Nephew misses on profit as hospitals focus on critical care Medical products maker Smith+Nephew has posted a lower than expected first half profit as patients and hospitals delayed elective surgeries to replace hip and knee joints during the coronavirus crisis to focus on critical care instead. By Ros Snowdon.
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Aegean Airways offers up to 50% discount on flight tickets Run to catch the flight (offer)!. Aegean Airlines is offering a discount of up to 50% for plane tickets. Valid for all direct and connecting flights from all international destinations to/from Greece, between 01/09/2020 – 31/10/2020. The offer is valid for bookings until ...
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