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Mortgage rates stay steady amid economic and political turmoil Mortgage rates stayed steady despite a roller-coaster week in the stock market, largely calmed by Federal Reserve policies stabilizing the housing market the past few months. The average for a 30-year fixed-rate mortgage reached 2.87 percent, down from ...
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Chevron Dethrones Exxon As America's Most Valuable Oil Company The U.S. oil sector witnessed a historic day yesterday, as ExxonMobil fell behind its breakaway sister Chevron CVX +2.1% in market capitalization with $141.6 billion versus $142 billion at NYSE closing, making it America's most valuable oil company. This is ...
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Trump's endorsement sends Regeneron and Eli Lilly stocks rising New York (CNN Business) President Trump said he "felt good immediately" after receiving an experimental antibody treatment for coronavirus from biotech Regeneron. Now, he wants regulators to approve emergency use of Regeneron's drug and a similar ...
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The $185 million campaign to keep Uber and Lyft drivers as contractors in California (CNN Business) At first, Uber and Lyft driver Michael Richert was undecided about how he would vote on Proposition 22, a California ballot initiative sponsored by gig economy giants Uber, Lyft, DoorDash, Instacart and Uber-owned Postmates that comes up ...
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US STOCKS-Wall St hits one-month high as Trump signals stimulus progress (For a live blog on the U.S. stock market, click or type LIVE/ in a news window.) * Trump says talks ongoing for fiscal stimulus. * Pelosi rejects airline aid without larger stimulus bill. * Weekly jobless claims inch lower but remain elevated. * IBM jumps on ...
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Square buys $50 million in bitcoin, says cryptocurrency 'aligns with company's purpose' Square said Thursday it bought 4,709 bitcoins, worth approximately $50 million. This represents about 1% of Square's total assets as of the end of the second quarter of 2020. "Square believes that cryptocurrency is an instrument of economic empowerment ...
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Amazon Offers A Peek Of Rivian-Designed Delivery Vans Amazon unveiled Thursday the first of the electric delivery vans resulting from its partnership with Rivian Automotive. The retail giant placed its first order last year with the Plymouth, Michigan-based electric vehicle startup for up to 100,000 delivery vans by ...
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Gilead Sciences agrees to sell Europe up to 500000 doses of remdesivir Gilead Sciences said on Thursday that it has agreed to supply Europe with up to 500,000 courses of remdesivir, as the region looks to boost its stockpile of the antiviral drug amid a surge in COVID-19 cases. The deal with the European Commission (EC) ...
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Bank of Canada head says pandemic response will boost risks from future economic shocks OTTAWA (Reuters) - Bold policy actions taken in response to the coronavirus pandemic were needed but will make Canada's economy and financial system more vulnerable to economic shocks down the road, the governor of the Bank of Canada said on ...
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Goldcliff Acquires Significant Position in the Aurora District, Walker Lane Nevada VANCOUVER, British Columbia, Oct. 08, 2020 (GLOBE NEWSWIRE) -- George Sanders, President of Goldcliff Resource Corporation ("Goldcliff" or the "Company") (GCN: TSX.V, GCFFF: OTCBB PINKS) is pleased to announce an option agreement with ...
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Winners of Chicago's Winter Dining Challenge Announced Each winner will receive $5,000 and opportunities to start their idea at restaurants and bars around the city. Published 2 mins ago • Updated 1 min ago. Pause. 1:46. City Receives Hundreds of Submissions for Winter Outdoor Dining Challenge. Replay.
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Dollar General targets a higher-end shopper in the suburbs with new store, Popshelf Dollar General is launching a new store, Popshelf, aimed at wealthier customers. It will feature home decor, beauty items, cleaning supplies, party goods and more — with the majority of items costing $5 or less. Even before the recession, the discount retailer ...
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Lyft Links Up Ride-Hailing With Epic's Medical Records System Ride-sharing firm Lyft is teaming up with Epic, which offers electronic health records (EHR), to offer services that will allow healthcare workers "to schedule a Lyft ride for a patient directly from that patient's record," Lyft announced in a Thursday (Oct. 8) blog ...
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Lime revamps its app to include competitors, starting with Wheels ebikes Lime might best known for its bright green micromobility devices, or more recently, its ownership of the iconic red Jump electric bikes. But now, the company is expanding in a way that could see it "housing" numerous other micromobility brands on its own app.
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Ruby Tuesday files for Chapter 11 bankruptcy protection. Ruby Tuesday filed for bankruptcy protection on Wednesday, citing the "unprecedented impact" of the coronavirus pandemic. The casual dining chain said it would use the Chapter 11 process to cut debt and buttress its financial position. Ruby Tuesday ...
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Exclusive: Virgin Hyperloop Picks West Virginia to Test High-Speed Transport System SEATTLE (Reuters) - Virgin Hyperloop has picked the U.S. state of West Virginia to host a $500 million certification center and test track for billionaire Richard Branson's super high-speed travel system, the company told Reuters. The center will be the first U.S. ...
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Southwest Airlines adds flights to another Colorado ski destination this winter Southwest Airlines is adding Montrose Regional Airport in Colorado to its network this winter, according to the carrier's website, as airlines continue to add flights to leisure destinations. Montrose Regional Airport is a 90-minute drive to Telluride, home to a ...
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No more midday Egg McMuffins? McDonald's weighs the return of all-day breakfast All-day breakfast was a major hit for fans of McDonald's and a major headache for franchisees. As the fast-food giant weighs whether to bring it back from its pandemic hiatus, one fact has recently become apparent: The company doesn't need to offer ...
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Morgan Stanley pays a big price for a piece of old Wall Street Ailing industries often see consolidation waves. There's one underway on Wall Street involving investment firms that try—and mostly fail—to beat the market. These companies, many of which date back to the days of ticker tape and top hats, have been busily ...
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Bottom Fishers Jumping Into Royal Caribbean (RCL) Carnival Corporation & PLC (CCL) stock is ticking lower on Thursday after a lengthy business update regurgitated what we already know about the pandemic's impact on the cruise line business. Cash burn offered the most useful statistic in the release, with a ...
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French court: Google must open payment talks with publishers PARIS — A French appeals court upheld an order for Google to open negotiations with French publishers over payments to use their news content. The Paris Court of Appeal sided with France's competition authority, which had ordered the U.S. tech company ...
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Best Buy misreads calendar, thinks Black Friday starts next Tuesday Best Buy has announced that it will be kicking off its Black Friday deals not on the Friday following Thanksgiving in the US, but next Tuesday, October 13th. This two-day deal fest will last through October 14th. Of course, it's no coincidence that this window of ...
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Rental listings in Manhattan hit 14-year high as vacancies soar Looking for a new apartment to rent in Manhattan? You've got options. The number of listings in the borough hit a 14-year high last month. The total of 15,923 is more than triple that of the same period last year, according to the latest Douglas Elliman rental ...
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Sports Betting Firm GVC Boosted by Online Surge. US Growth is Gathering Pace. GVC stock climbed close to 4% early on Thursday, as the British betting company reported surging online revenue and said its U.S. expansion was gathering momentum. The London-listed gambling group upgraded its full-year earnings guidance following a ...
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Plastic Fuels: Do They Fix Waste Or Greenwash It? Marketed as a solution to the environmental and waste problems the plastic industry is currently facing, recycled carbon fuels are problematic. And they will be at odds with Wednesday's vote from the EU Parliament backing a 60% reduction in greenhouse gas ...
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Target Introduces Exclusive FAO Schwarz Collection And Largest Top Toys List Ever Target and FAO Schwarz are partnering on an exclusive 70-piece toy collection - Bullseye's Top Toys list features 50 of the most anticipated toys from the hottest brands - Target continues Toys for Tots partnership, donating up to $1 million* - Guests can count ...
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Pennsylvania server 'shocked' to receive note about mask in lieu of tip She wasn't expecting this kind of tip. A server in Pennsylvania was surprised to receive a nasty note about face masks in lieu of a tip from a customer who came in for a few beers over the weekend. Jamie Ledwith works at John Henry's Pub in Ardmore, ...
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US price-fixing investigation tags another Pilgrim's Pride chief A federal grand jury indicted former chief executive William Lovette of Pilgrim's Pride, one of the largest U.S. poultry processors, and five other industry executives on charges of conspiring to fix prices and rig bids for broiler chicken products, announced the ...
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Citigroup fined $400M for compliance, risk management failures Federal banking regulators on Wednesday fined Citigroup $400 million for failing to address "significant" risk and compliance failures. The Office of the Comptroller of the Currency (OCC) and the Federal Reserve each issued orders outlining steps the South ...
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Carrier Global partners with Amazon to enhance delivery of refrigerated goods Palm Beach Gardens-based Carrier Global Corp. entered into a multi-year deal with Amazon Web Services, part of e-commerce giant Amazon.com, that will use technology to enhance the delivery of frozen goods around the world. The alliance with one of the ...
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Condé Nast Traveler ranks Arizona hotels and resorts among best in the West Travel publication Condé Nast Traveler has recognized a number of Arizona hotels and resorts, and even one city among the best destinations in the country and region. In its 2020 Readers' Choice Awards, which were published this week, three Valley hotels ...
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Enough Doses of COVID-19 Vaccine Could Be Made for US by March to April: HHS (Reuters) - Enough doses of a coronavirus vaccine could be manufactured by March to April next year for every American who wants one, U.S. Health and Human Services Secretary Alex Azar said on Thursday. There could be up to 100 million doses of a ...
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4 Things Retirees Need to Know Before Claiming Social Security Are you thinking about claiming Social Security benefits? Before you do, there are four key things you need to know so you can fully understand how much income your benefits will provide -- and how much of it you get to keep.
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Tesla owner surprised by $4280 Autopilot upgrade via 'butt dial' One Tesla owner was surprised when he got a text acknowledging the upgrade to his Tesla Model 3 and confirming that he would be charged $4,280 for it. The first problem: Dr. Ali Vaziri wasn't aware he made the purchase, which he surmised was done ...
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Domino's gets boost from higher pandemic sales Domino's Pizza Inc. posted higher profit and revenue figures year over year in the latest quarter as people ordered in more pizza during the Covid-19 pandemic. The Ann Arbor, Mich.-based company posted a third-quarter net profit of $99.1 million, or $2.49 a ...
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Planning to renew your expired car insurance policy? Here is how to do it Note that you will have to purchase the new car insurance policy as soon as the inspection is done as the inspection is not valid for a longer duration. insurance, motor insurance, renewal of motor insurance policy, motor insurance claims, pollution.
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24 Minnesota Hy-Vee stores now offer free COVID-19 testing Hy-Vee has expanded its free COVID-19 testing to include 24 stores in Minnesota. The free tests are available at Hy-Vee's pharmacy drive-thru, and people do not need to have symptoms to get a test, a news release says. Hy-Vee has also expanded testing to ...
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Mazda confirms MX-30 will get a rotary engine as a range extender Mazda teased out the possible return of the rotary engine as a range extender in the MX-30 earlier this year, but now the rotary's return appears to be official for Mazda's new crossover. In a video (below, skip to 7:34, and turn on English subtitles) streamed to ...
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A Rundown of Google Patents from the First Half of 2020 Want to discover all of the Google Search Patents of interest for the first six months of 2020? Then read on. I've rounded them all up in this article for you. I've categorized them to make it a bit easier for those looking to research in specific areas. Advertisement.
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Ant Group faces US headwinds in race to IPO before Trump vote By Julia Fioretti, Lulu Yilun Chen and Abhishek Vishnoi Jack Ma's Ant Group has a narrow window to make its much-anticipated market debut ahead of U.S. election turbulence. Now its bankers must grapple with any potential delays stemming from a debate ...
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Israeli startup Zero Egg enters US market with b2b launch of plant-based egg replacement Following a successful launch in Israel and the Netherlands, Israeli startup Zero Egg is hoping to crack the US market with the launch of plant-based egg alternatives for CPG manufacturers and foodservice operators that it claims blows rivals out of the water ...
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GST reduction and other benefits have created the right framework for EVs in India: Mercedes-Benz New Delhi: The Indian government's decision to reduce Goods and Services Tax levied on electric cars to just 5% and the other incentives being offered by the state governments will help automobile manufacturers launch more electric vehicles in the ...
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Current spike in local COVID-19 cases can be traced back to universities The spike in COVID-19 cases in Erie County is being traced back to universities. During Erie County's weekly news conference, County Executive Kathy Dahlkemper expressed her concerns for activities taking place outside of school and an increase in case ...
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'Down in Alabama': Camping at Disney, partying in T-Town From today's Down in Alabama podcast: A man who was arrested during the coronavirus lockdown while camping out on Discovery Island at Disney World turned out to be from Alabama. Which means we should be happy they stopped him before he snuck ...
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Ford shows off fully kitted-out Bronco Overland concept Ford has revealed a new concept based on the new Bronco SUV that showcases the level of customisation possible in the new model using factory-backed accessories. The Bronco Overalnd concept is on display at the Bronco Super Celebration East in ...
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3 Gold Miners Trading At Dirt-Cheap Valuations The Gold Miners Index (GDX) has suffered a sharp correction since its August highs as the price of gold (GLD) has reversed sharply lower after hitting a new all-time high above $2,050/oz. Fortunately, the $150/oz correction in the yellow metal has not ...
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AMC to open more cinema theaters in the United States AMC Entertainment Holdings Inc., the largest theater chain in the United States, said on Thursday it expects to open more locations in Washington state and have more than 520 theaters open in the country by mid-October. "With 14 AMC locations in ...
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The immense potential of solar panels floating on dams Solar farms need vast swaths of land that might not always be easily available. So why not put them on water? Many countries in Asia are starting to do that by sprinkling floating solar panels on lakes, ponds, and reservoirs. But coupling floating photovoltaics ...
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French Restaurant Aix Is Closing to Become a Neighborhood Spot Called Nick's Westside After opening French Provençal restaurant Aix and adjoining wine bar Tin Tin nearly two years ago along Brady Avenue, chef Nick Leahy plans to close both this Saturday night and reopen the space on October 13 as a neighborhood spot called Nick's ...
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Solar aircraft hits the stratosphere HAPSMobile's Sunglider solar-powered unnmanned aircraft system has completed its first stratospheric flight reaching a height of 19,050 metres. The test flight lasted a total 20 hours and 16 minutes, with five hours and 38 minutes of them in the stratosphere.
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