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Jim Cramer says to buy Costco's stock after its 'absurd' post-earnings decline Investors should take advantage of Costco's post-earnings pullback and buy the stock, CNBC's Jim Cramer advised Friday. The "Mad Money" host said he considers Wall Street's concerns about the wholesale retailer to be "moronic." "Every quarter the stock ...
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Cramer recommends Palantir at the right price, but says its governance is most 'egregious' since WeWork CNBC's Jim Cramer said he hesitates to give Palantir's stock "a full-throated endorsement" ahead of its expected direct listing next week. The "Mad Money" host said the data software company has solid financials, but he expressed reservations about its ...
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Novavax Researcher Says No Chance Of A 'Shortcut' In Vaccine Safety Novavax, a vaccine maker in Maryland, is becoming the 10th coronavirus vaccine candidate to enter the final phase of testing, called phase 3. The trial is taking place in the U.K., where researchers plan to enroll up to 10,000 adults of various ages in the next ...
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Nikola Short Seller Hindenburg Research Wants to Oust Bad Actors From the Market Nathan Anderson is an activist investor and the founder of Hindenburg Research, which has made headlines for its short call on Nikola. Since Hindenburg's 67-page report on Nikola (ticker: NKLA)—detailing a list of objections it has to the electric-truck ...
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New York City To Allow Outdoor Dining Permanently, But Is It Enough? As New York City still struggles to recover from the coronavirus-led shutdowns and restrictions, the outdoor dining scene that has come alive in recent months will now become a permanent fixture of the city. The decision came after the "success" and "an ...
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SEC Finalizes Changes to the Requirements for Submission of Shareholder Proposals: Prepare for 2022 Proxy Season On September 23, 2020, the Securities and Exchange Commission (SEC) adopted amendments to certain of the procedural requirements for the submission of shareholder proposals under Rule 14a-8 of the Securities Exchange Act (Exchange Act).
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Oil falls on mounting COVID-19 cases, supply concerns NEW YORK (Reuters) - Oil edged lower on Friday, falling more than 2% on the week as COVID-19 cases surged globally and oil supply is set to rise in coming weeks. FILE PHOTO: the sun sets behind a crude oil pump jack on a drill pad in the Permian Basin ...
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Hims Inc. May Go Public Through Blank-Check Company Remote healthcare firm Hims Inc. is getting close to an arrangement to go public via a merger with special purpose acquisition company (SPAC) Oaktree Acquisition Corp., Bloomberg reported, citing unnamed sources, at a time when the SPAC model has ...
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Ex-traders found guilty of fraud The two former Deutsche Bank metals traders on trial in federal court in Chicago were convicted today on some counts of fraud, but acquitted of conspiracy charges. Lynne Marek · Tweet · Share; More. Share · Email · Reprints Print. Bloomberg. Deutsche Bank ...
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Colonial Pipeline Co. violated NC law in massive gasoline spill, state says Colonial Pipeline Co. violated North Carolina law when a massive amount of gasoline spilled from an underground pipe near Huntersville, the state's top environmental regulator said Friday. "We will continue to hold Colonial Pipeline accountable for harm to ...
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Lucid shows off its Air doing a 9.245-second quarter-mile With the specs that Lucid has been touting, we knew it would be fast. Lucid. It should be no surprise by now that electric cars are pretty damned good at drag racing. We've seen stock Teslas embarrassing some very serious pieces of kit on YouTube for years ...
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Trump could intervene in Ohio fight over terminated Delphi pensions, Gov. DeWine says Ohio's governor said the "The President was receptive to our message of the plight of these retirees." Facebook; Twitter; Comments; Print; Email. By Thomas BarrabiFOXBusiness. close. President Trump discusses employment in the Black community. video ...
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Google settles shareholder lawsuits over sexual-harassment scandals After revelations of top executives receiving big payouts while facing accusations of harassment led to employee walkouts and lawsuits, Alphabet promises changes that include waiving mandatory arbitration. Email icon; Facebook icon; Twitter icon; Linkedin ...
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American Air Gets $5.48 Billion US Loan in Upsized Deal American Airlines Group Inc. closed a $5.48 billion loan with the U.S. Treasury, increasing its pool of cash to help fund operations until travel demand begins to return. The credit facility, backed by American's loyalty program, increased from an original $4.75 ...
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FDA grants new indication for mepolizumab in hypereosinophilic syndrome The FDA has approved mepolizumab for certain adults and children with hypereosinophilic syndrome, according to a press release. The approval of mepolizumab (Nucala, GlaxoSmithKline) applies to adults and children 12 years and older who have had ...
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Stock Markets Rise; Time to Bet on Sports Betting Stocks? Major indexes gained ground but didn't make huge progress in clawing back ground during a tough September. Dan Caplinger. (TMFGalagan). Sep 25, 2020 at 12:12PM. Author Bio. Dan Caplinger has been a contract writer for the Motley Fool since 2006.
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FTC asks appeals court to take a second look at Qualcomm antitrust ruling A 9th Circuit Court of Appeals panel found Qualcomm's business practices are legal under anti-monopoly laws; The FTC is seeking reconsideration by the full court. By Mike Freeman. Sep. 25, 2020. 4:11 PM. Facebook · Twitter; Show more sharing options.
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Uber doubles down on 'No Mask, No Ride' with new rider selfie verification (KSNW) – Rideshare app Uber announced Thursday a mask verification feature would roll out to the US and Canada, requiring riders to upload an image of themselves with a face covering before being allowed to use the service. Since May, the company has ...
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Trillium Brewing Company reopening beer garden on Kennedy Greenway BOSTON (WHDH) - Trillium Brewing Company announced Friday they are reopening their beer garden on the Rose Kennedy Greenway. The beer garden is located at the intersection of High Street and Atlantic Avenue and will be open –weather permitting– ...
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GM stops sales of Chevy Corvette, 5 other models due to brake issue General Motors has placed a stop-sale order on several models, including the new 2020 Chevrolet Corvette, due to an issue with their braking systems. 2020 Chevrolet Corvette Stingray. The problem relates to the vehicle's brake booster, which is a "by wire" ...
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Prime Avenue for Building Dividend Defense Durability is the name of the game when it comes to dividend investing and that concept has rarely been more important than it is this year as investors are enduring a spate of negative dividend action. Advisors can keep investors from that negativity with ...
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General Mills bringing 80s cereal taste, shapes back to select products COLUMBUS, Ohio (WSYX/WTTE) — Remember waking up on Saturday mornings, turning on your favorite cartoon, and grabbing a bowl of delicious cereal? General Mills wants to bring back those memories with the retro shapes and taste of a few of its ...
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Casino at Dania Beach plans to host three indoor concerts in October The Casino at Dania Beach plans to host three live concerts in October after receiving clearance from Broward County officials. These will be among the first large-scale, in-person public events in South Florida since the onset of the Covid-19 pandemic in ...
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Rite Aid offering new COVID-19 testing sites starting today (WIVB)–Starting today, Rite Aid is offering 39 new COVID-19 drive-through testing sites in Buffalo and across the country. The pharmacy now runs over 300 testing sites across 15 states. Each site will have self-swab nasal tests. You have to be at least 18 ...
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Surly Brewing, employees reach deal on union vote Surly Brewing and a local hospitality union seeking to organize the Minneapolis brewery's employees have reached an agreement on a worker vote, lowering tensions between labor and management that have ratcheted up in recent weeks. Both Surly and ...
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Local funding still available for small business grants TEMPLE, Texas — The City of Temple has extended the application period for small businesses to receive COVID-19 relief funding. Applications will be accepted until funds are exhausted, on a first-come, first-serve basis, the city said in a release. Businesses ...
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McDonald's is being sued for its McNuggets. Here's why McDonald's is the target of yet another lawsuit. Alexei Stolfat of Florida is asking for $1.1 million in damages, claiming a bone hidden inside a chicken McNugget cracked his tooth. Part of the award would be used to pay his dental bill, and some would ...
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California Law to Ban Food Delivery Services From Adding Non-Partnered Restaurants California Gov. Gavin Newsom signed a piece of legislation into law this week that hits at third-party delivery services listing non-partnered restaurants on their websites. At the tail-end of yesterday, the Los Angeles Times reported that the first law will require ...
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The Original Hot Dog Factory to open third Atlanta area location at Marietta Square Market In accordance with his plan to open five new locations, The Original Hot Dog Factory will open its third Atlanta-area location Marietta Square Market this Saturday, Sept. 26. Known as an Atlanta staple, The Original Hot Dog Factory has received national ...
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Ottawa pitches in $320M to help Newfoundland and Labrador offshore oil sector ST. JOHN'S, N.L. — The Canadian government is giving $320 million to Newfoundland and Labrador's struggling offshore oil and gas industry. Natural Resources Minister Seamus O'Regan made the funding announcement Friday at a news conference in St.
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'Complete Mess': Traders Fear Volatility Long After Election Day (Bloomberg) -- Donald Trump has all but promised to dispute the election outcome if he loses. Wall Street's taking him at his word. Volatility markets from stocks to currencies and bonds show investors bracing for turbulence not just on election day, but for the ...
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