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Oil drops 3% on weak demand outlook and higher OPEC supplies NEW YORK (Reuters) - Oil prices fell 3% on Thursday as rising coronavirus cases around the world dampened the demand outlook, and a rise in OPEC output last month also pressured prices. FILE PHOTO: The sun is seen behind a crude oil pump jack in ...
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September job growth should be less than August as final report before the election hits The economy is expected to have added 800,000 jobs in September, when the government report is released at 8:30 a.m. ET Friday, the last monthly jobs data until after the election. The pace of jobs growth is expected to slow from the 1.37 million in August ...
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Pfizer CEO pushes back against Trump claim on vaccine timing The head of Pfizer, one of the drugmakers racing to develop a coronavirus vaccine, told employees he was disappointed that its work was politicized during this week's presidential debate and tried to reassure U.S. staff that the company won't bend to ...
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Google to pay $1 billion to some publishers for news, starting in Germany and Brazil TECHNOLOGY. Google to pay some publishers for news. Support our journalism. Subscribe today. Alphabet's Google plans to pay $1 billion to publishers globally for their news over the next three years, its CEO said on Thursday, a step that could help it win ...
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Why restaurant deals are making a comeback New York (CNN Business) Restaurant chains that lost customers during the pandemic are desperate to bring them back. So they're starting to roll out aggressive deals. Both Red Lobster and IHOP launched new promotions this week. Red Lobster's Daily ...
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For Subway, A Ruling Not So Sweet. Irish Court Says Its Bread Isn't Bread In a decision shocking to those familiar with the $5 footlong, Ireland's Supreme Court has ruled: Subway bread isn't actually bread. At least, not legally. That's because its bread has too much sugar, the court said Tuesday. The country's VAT Act of 1972 says ...
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As airlines hit turbulence, Tampa airport pins hopes on coronavirus testing By the time Tampa International Airport rolled out on-site coronavirus testing at 8 a.m. Thursday, there were already 14 passengers in line. Within the hour, 35 had gone through. "We had a gentleman who was going to visit his daughter somewhere in the ...
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Why Yanking Unemployment Payments Didn't Kill the Economy in August When Congress let the $600 weekly unemployment payments it created in response to the coronavirus crisis expire at the end of July, many worried it would deal an immediate and painful blow to the economy. Millions of jobless Americans were relying on ...
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Here are the US airlines offering COVID-19 testing to travelers Several U.S. airlines have recently launched COVID-19 testing programs in an effort to get people flying again in an industry devastated by the coronavirus pandemic. Passengers at New York airports have been getting tested, and Tampa International Airport ...
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Why The Roth IRA Makes More Sense Than Ever During The Covid Crisis For years, mainstream advice has been to invest most of your retirement money in conventional Individual Retirement Accounts (IRAs) or 401(k)-type vehicles. What about their Roth versions, which feature tax-free withdrawals (if you meet certain rules), even ...
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Exxon Flags Further Losses That Add to Pressure on Dividend Exxon Mobil Corp. likely made a third consecutive loss in the last quarter, heaping further pressure on the energy giant's ability to pay its $15 billion-a-year dividend, currently the third-highest in the S&P 500 Index. Exxon suffered further losses in its refining ...
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Comcast updates its xFi Pod mesh Wi-Fi extenders with faster speeds and fewer pods Comcast is announcing a new version of its hexagon-shaped xFi Pods, the mesh Wi-Fi extender pods it sells to extend Wi-Fi networks around your house, with more Wi-Fi bandwidth (up to 500Mbps, which it says is twice as fast) and a second wired Ethernet ...
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Car sales are rebounding, but they're still not back to pre-pandemic levels New York (CNN Business) US car sales are coming back. Major automakers reported their third-quarter sales were down compared to a year ago -- but far less than the substantial plunge in sales during the second quarter. "It's coming in better than we ...
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H&M will close stores and ramp up digital efforts as online sales rise 7 percent. Shares in the Swedish retailer H&M rose more than 7 percent after the company said online sales were growing strongly and the company had already returned to profit in the third quarter. H&M also announced that it would close 250 stores globally next year ...
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Fiat Chrysler sees smaller drop in sales for third quarter, with a boost for its minivan The coronavirus is still a factor, but if Fiat Chrysler Automobiles' U.S. sales in the third quarter are an indication, things are trending upward for the auto industry. After a dismal second-quarter, with sales down 39% compared with the same period the year prior ...
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Many NY City Restaurants on Verge of Closing: Report Nearly half of New York City bars and restaurants that were open pre-pandemic may close permanently within a year due to the coronavirus pandemic, according to an audit released Thursday by State Comptroller Thomas DiNapoli. If a third -- about 8,000 ...
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Lonestar Resources brings $500M bankruptcy to Houston court Fort Worth-based Lonestar Resources US Inc. (Nasdaq: LONE) has filed for bankruptcy protection in Houston, bringing more than $500 million in debt to the court. Lonestar — an oil and gas exploration and production company focused on the Eagle Ford ...
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Frisco fintech firm Payrix investors boost backing to $50 million Payrix, a growing financial technology firm in Frisco, will expand its workforce and push into global markets with new backing from its initial investors. Blue Star Innovation Partners and Providence Strategic Growth are upping their investment in the company ...
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International Coffee Day: 13 places in Orlando to grab a hot or cold brew Coffee fans, prepare your mugs: International Coffee Day is Oct. 1, and the holiday can provide a great opportunity for appreciating our morning jet fuel or indulging in a delicious local brew. Orlando has no shortage of options for buying beverages from nitro ...
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Here's What VW Has Been Able to Achieve with EVs This Year Decades from now perhaps it will be difficult to believe that 2020, defined by the tremendous losses and stresses of the pandemic, was the pivotal year for Volkswagen's launch of its ID-branded electric vehicles. But even now, before the year is out, the ...
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Amazon Off the Hook for Ohio Teen's Caffeine Overdose Death COLUMBUS, Ohio (CN) — In a unanimous decision, the Ohio Supreme Court ruled Wednesday that Amazon is not liable for the death of a high school student caused by an overdose of caffeine powder. The justices found that because Amazon never had ...
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Can Elon Musk Deliver On Tesla's Huge Battery Promise? EV Insiders Weigh In. Exactly a week ago, Tesla unveiled a set of groundbreaking battery technologies at the company's "Battery Day" event. CEO Elon Musk said these tech improvements would significantly reduce the cost of electric vehicles while enhancing driving performance.
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Pappy Van Winkle, other coveted whiskeys, coming to 8 Alabama ABC stores Eight state liquor stores in Alabama will have Pappy Van Winkle Bourbon and other prized whiskeys available for sale on Nov. 9, the Alcoholic Beverage Control Board announced today. Beginning Monday, Alabama residents can enter a sweepstakes to ...
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Grand Hyatt opens on Broadway Southwest Value Partners on Thursday announced the opening of Grand Hyatt Nashville downtown. Sitting at the intersection of 10th Avenue North and Broadway, the 25-floor, 591-room hotel offers retail, restaurants, bars and a cafe. Clark Construction ...
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Air Canada says it's buying 25000 Covid-19 test kits from Abbott Labs Air Canada said it's going to buy 25,000 Covid-19 testing kits from Abbott Laboratories. The Canadian air carrier said it's finalizing an initial order of North Chicago-based Abbott's (NYSE: ABT) ID NOW Covid-19 rapid response tests to test its employees.
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Boeing Moves To Consolidate 787 Production Out Of Washington SEATTLE — Boeing has announced that the company will be consolidating production of 787 jets to their South Carolina facility, leaving up to 1,000 workers in Everett in limbo. Rumors of the move had swirled in the business sector earlier this week, but ...
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HHS Says Gilead, Distributor Can Directly Sell COVID-19 Drug in US (Reuters) - The U.S. Department of Health and Human Services (HHS) said on Thursday that U.S. hospitals can now buy Gilead Sciences Inc's antiviral COVID-19 drug remdesivir from the company and its distributor. The drug, branded as Veklury, was being ...
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Christkindlmarket Website Crashes Following Announcement of Virtual Event This Holiday Season On Thursday, the Chirstkindlmarket website crashed following the announcement that the annual event will move to a digital space as a result of the coronavirus pandemic. The market typically sets up in Chicago's Daley Plaza and the Wrigleyville ...
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Krispy Kreme offering free doughnuts to anyone who visits in costume on Halloween The COVID-19 pandemic may be threatening many Halloween traditions, but Krispy Kreme is doing its part to keep the treats coming this October. Every Saturday from Oct. 10 through Halloween, Krispy Kreme will offer a $1 Sweet-or-Treat dozen to give to ...
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888 Eying William Hill European Arm After Caesars Takeover 888 Holdings would consider making a move for William Hill's European arm, should it come on the market in the wake of a takeover by Caesars Entertainment. 888 CEO Itai Pazner says the opportunity to buy William Hill's European assets would be ...
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Corona Hard Seltzer Lifts Constellation Brands' Q2 Sales Constellation Brands (NYSE:STZ) still has a solid portfolio on its hands. The alcoholic beverage giant on Thursday announced that beer sales grew in the fiscal second quarter despite continued plunging demand from restaurant and bar customers.
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2020 Beer Guide COUSINO'S STEAKHOUSE. Your name: Cory Cousino Your title: VP Business name: Cousino's Steakhouse Address: 1842 Woodville Rd., Oregon Phone number: 419-693-0862. Website: cousinosteaks.com. Hours of operation: 3-9pm, Sunday through ...
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Washington state sues box office company Brown Paper Tickets SEATTLE (AP) — Washington state's attorney general has sued a Seattle-based virtual box office company, alleging Brown Paper Tickets owes nearly $7 million to artists and ticket buyers. The state's lawsuit filed Wednesday says Brown Paper Tickets owes ...
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August construction spending up 1.4%, led by home building U.S. construction spending increased 1.4% in August, led by a surge in spending on single-family homes. WASHINGTON (AP) — U.S. construction spending increased 1.4% in August, led by a surge in single-family homes. The gain was double the 0.7% ...
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NC Oct. 1 COVID-19 update: State surpasses 2K new cases, 47 deaths RALEIGH, N.C. (WAVY) — The North Carolina Department of Health and Human Services is reporting 2,086 new COVID-19 cases Thursday along with 47 additional deaths. The state hasn't had new case numbers this high since Sept. 4 when there were ...
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Ram Gains on Chevrolet in War for Pickup-Truck Profits Fiat Chrysler Automobiles NV's Ram pickup trounced General Motors Co.'s Chevrolet Silverado in third-quarter sales, tightening the race for the No. 2 spot in the lucrative full-size U.S. truck segment. Ram deliveries slipped 3.4% to 156,157 pickups in the ...
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AAA Texas: Texas drivers fill up with below $2/gallon gas for longest stretch since 2005 The statewide gas price average in Texas is $1.86 for a gallon of regular unleaded fuel, according to the AAA Texas Weekend Gas Watch. That price is one cent less than on this day last week and is 49 cents less per gallon compared to this day last year.
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Quadrupling USPS' parcel rates would cause economic catastrophe, report warns The U.S. Postal Service (USPS) could be forced to exit the parcel-delivery business and e-commerce customers could face up to an $865 billion increase in shipping costs over the next five years if USPS quadrupled its parcel rates as President Donald Trump ...
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San Francisco rents plunge, showing strain from pandemic and wildfires Rent prices continued to plunge in big U.S. cities last month, with San Francisco leading the decline, according to data from Zumper, a real-estate start-up. In September, the median rent for a one-bedroom apartment in San Francisco dropped more than 20% ...
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US traffic deaths fell 2% in 2019; 3rd straight yearly drop DETROIT (AP) — Traffic deaths in the U.S. fell for the third consecutive year in 2019, the government's road safety agency reported. The downward trend is continuing into this year with people driving fewer miles due to the pandemic, the National Highway ...
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COVID-19 pandemic reversed decades of employment gains for disabled PeopleImages/iStockBy CATHERINE THORBECKE, ABC News (NEW YORK) — Dr. Oluwaferanmi Okanlami, or "Dr. O" for short, is a former All-American college athlete and Stanford University track team captain. He now works as a physician and medical ...
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USDA Releases Quarterly Grain Stocks Report USDA's National Agricultural Statistics Service (NASS) has released its Quarterly Grain Stocks report, which indicates old crop corn stocks on hand as of Sept. 1, 2020, totaled 2.0 billion bushels, down 10% from 2019. farmers. Old crop soybeans stored in all ...
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Ford Issues Recall On 700000 Vehicles Ford Motor Company has issued a recall for more than 700,000 vehicles in North America due to a rear-view camera problem. The recall covers a wide variety of 2020 models and some 2019 models, including the Ford Explorer, the Mustang, and most ...
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Christmas Lottery: No set £1m jackpot but ticket prices down to £2 THE Channel Islands Christmas Lottery will not have a fixed £1 million jackpot this year and ticket prices will be reduced from £3 to £2, it has been confirmed. Subscribe to our daily newsletter! Sign Up. A ticket from a previous year (29300774). Sales of tickets ...
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Stand Clear: MTA Service Cuts Could Derail Tri-State Economy, Analysts Warn The Metropolitan Transportation Authority's plan to cut 40 percent of subway and bus service and 50 percent of service on the commuter railroads may hit the real estate values and the economies of the suburbs even harder than those of New York City.
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Don't succumb to the mask mania Today marks day 199 of the "15 days to slow the spread" effort announced March 16. From stringent lockdowns to arbitrary executive orders by governors across the nation, our communities have been crippled by the media's quest to follow the "science" for ...
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