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UofM president describes $50M losses from pandemic in letter to colleagues; layoffs, pay cuts coming for some MEMPHIS, Tenn. (WMC) - It's no secret the COVID-19 pandemic has been financially devastating to many people and businesses alike. The University of Memphis is no different. UofM President David Rudd laid out the university's tens of millions of dollars ...
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A shocking number of women dropped out of the workforce last month Furloughed worker: 'I'm at the top of the roller coaster with no harness'. New York (CNN Business) Hundreds of thousands of women — nearly eight times more than the number of men — dropped out of the US labor force last month, as the pandemic continues ...
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Higher TSP Contributions Kick In, and More The Thrift Savings Plan last week implemented changes to how it automatically enrolls new federal employees and members of the military, increasing the rate at which new workers contribute to their retirement savings accounts by default. All new federal ...
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3 bars and restaurants reopen after being shut down for violating COVID-19 guidelines Three metro Phoenix businesses forced to shut down in late August after violating coronavirus guidelines have since been allowed by state officials to reopen. Bars and nightclubs that serve food in Maricopa County were allowed to reopen on Aug.
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Report: Wells Fargo Slashes 700 Jobs Wells Fargo & Co. has eliminated more than 700 jobs in commercial banking, kicking off a series of cuts that eventually could number in the tens of thousands, Bloomberg News reported on Wednesday (Oct. 7), citing unnamed sources. Bloomberg reported ...
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Ron Perelman shopping side-by-side Upper East Side homes for $75M Billionaire businessman Ron Perelman is looking to unload two connected townhouses on the Upper East Side for $75 million. The investment banker is seeking $65 million for the larger of two homes he owns on East 63rd Street, the Wall Street Journal ...
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Samsung says profits likely rose 58% in the third quarter, beating estimates Samsung Electronics said Thursday its profit for the three months that ended in September likely rose 58% from a year ago. Operating profit for the quarter likely came in at 12.3 trillion Korean won (about $10.6 billion), Samsung said in its guidance.
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Disney Should Yank Its Dividend and Double Down on Streaming, Activist Dan Loeb Says Walt Disney has a new activist investor to contend with: Dan Loeb's Third Point. The hedge fund sent a letter to Disney CEO Bob Chapek on Wednesday pitching its favored strategy for the company. It includes doubling down on streaming by bolstering ...
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MacArthur airport breaks ground on new transportation hub, officials say MacArthur airport officials broke ground Wednesday on a $8.4 million transportation facility that will centralize access to ground transportation to and from the airport. The project will renovate an existing building to create a 12,000 square foot space containing ...
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The Stock Market's Gain Wasn't as Impressive as It Looked The stock market had a great day. Anytime the indexes are all within spitting distance of 2% gains certainly qualifies. But today's rise, as impressive as it was, couldn't lift the S&P 500 above its resistance level. Until it does, there's reason to doubt the rally.
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Burgum announces launch of intermodal service, after yearslong effort North Dakota soon will have intermodal rail service, after an effort that has spanned two decades and included at least two unsuccessful attempts. Gov. Doug Burgum on Wednesday announced that BNSF Railway will provide an intermodal unit train at a ...
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Canada to ban some single-use plastics, eyes tighter regs on others The Canadian government unveiled a far-reaching plastics waste plan Oct. 7 that bans a handful of single-use products like bags and moves toward mandates for recycled content, producer responsibility and tighter regulations of other plastics. Government ...
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Southern Nevada utilities resume late fees, collections; how to prevent shutoff LAS VEGAS (FOX5) – Another utility company is resuming late fees and collections in Southern Nevada as thousands wonder how they'll be able to pay. On October 22, NV Energy will join the Las Vegas Valley Water District in resuming shutoffs for some ...
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Tesla Stock Rises Again. This Time, It's About Fourth-Quarter Deliveries. Tesla shares (ticker: TSLA) are up 3.1% in recent trading, at $426.66. The S&P 500 is up 1.9% on hopes of more government stimulus. The reason for Tesla's outperformance appears ...
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SMH experts explain what COVID-19 experimental treatments are available SARASOTA COUNTY, Fla. — President Donald Trump's treatment at Walter Reed National Military Medical Center has raised general questions about the timing and administration of experimental and standard therapies available to those with COVID-19.
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New name alert: Eskimo Pie becomes Edy's Pie The maker of Eskimo Pies has officially changed the name of the nearly 100-year-old sweet treat. Dreyer's, the parent company of the ice cream maker, announced the product will now be called Edy's Pies. "The name Edy's Pie was chosen in honor of one of ...
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US indicts six more chicken executives over alleged price fixing CHICAGO, Oct 7 (Reuters) - The U.S. government has indicted six more chicken-industry executives over alleged price-fixing, expanding antitrust prosecutions in its probe of the $65 billion poultry sector, according to court documents. In June, the Justice ...
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Bowling Green named Top 100 Places to Live BOWLING GREEN, Ky. (WBKO) - Livability selected Bowling Green as one of the Top 100 Places to Live in the United States. This award is given to communities that offer a high quality of life at an attractive cost of living for both individuals and families.
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Resources Connection: Fiscal 1Q Earnings Snapshot IRVINE, Calif. (AP) — Resources Connection Inc. (RGP) on Wednesday reported fiscal first-quarter earnings of $2.3 million. On a per-share basis, the Irvine, California-based company said it had net income of 7 cents. Earnings, adjusted for one-time gains ...
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Walmart insurance expands to all 50 states BENTONVILLE, Arkansas — Walmart is now licensed to sell Medicare insurance plans in all 50 states. The retail giant said it has a licensed insurance agency equipped to sell Medicare products. Talk Business & Politics first reported these efforts in July as ...
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Facebook to temporarily halt political ads in US after polls close Nov. 3, broadening earlier restrictions Facebook said it plans to temporarily suspend all political and issue-based advertising after polls close Nov. 3, a move the company said was intended to limit confusion, misinformation and abuse of its services in the days after the presidential election.
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Pandemic is amplifying the US anti-vaccine movement — and globalizing it A nephew of President John F. Kennedy rallied a German crowd against big pharma and Bill Gates. American conspiracy theories have spurred anti-vaccine protests in Canada and Britain. A California-made video seeded "plandemic" panic around the world.
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Hackers could have used Comcast's XR11 voice remote to spy on homes Comcast's Xfinity XR11 remote—which features a much-touted voice control feature—had a security flaw that could have theoretically let a hacker use the device to bug your living room. That scary scenario has been ended thanks to the Philadelphia-based ...
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Police: Van Meter teacher tore shirt of teen toilet-papering home A Van Meter teacher has been arrested and placed on paid leave after reportedly hitting a student who was toilet-papering his home in September. At 10 p.m. Sept. 17, a truck with students went to the home of Joel Bartz, a middle school science teacher, ...
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Four virtual job fairs in October LAS VEGAS (KLAS) — A virtual job fair hosted by Clark County commissioners will take take place Thursday and is focused on open warehouse and logistics jobs. Employers such as Eastridge Workforce Solutions, Bed, Bath and Beyond Distribution Center ...
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Lottery Market in North America - Post Pandemic Recovery Plan Strategies and Processes | High Penetration of ... LONDON--(BUSINESS WIRE)--Oct 7, 2020--. The lottery market in North America is expected to grow by USD 25.60 billion during 2020-2024. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic.
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