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Instacart bags $200 million in latest financing round Instacart has landed $200 million as part of a new funding round led by current investors Valiant Peregrine Fund and D1 Capital Partners. San Francisco-based Instacart said Thursday that the new investment lifted the company's valuation to $17.7 billion.
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US Layoffs Still High, but So Is Skepticism on Jobless Data WASHINGTON (AP) — The number of Americans seeking unemployment benefits dipped last week to a still-high 840,000, evidence that layoffs remain elevated seven months into the pandemic recession. Yet economists say they are increasingly dubious ...
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More layoffs coming at WarnerMedia as the company struggles under COVID-19 Substantial layoffs are coming to AT&T-owned entertainment giant WarnerMedia, as the company continues to restructure its business amid the COVID-19 pandemic and accelerating changes sweeping the industry. New York-based WarnerMedia, which ...
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Hy-Vee expands drive-up COVID-19 tests to over 150 pharmacies After a limited launch in late August, Hy-Vee has rolled out free COVID-19 testing to more than 150 pharmacy locations across its eight-state Midwestern market area. Each pharmacy can test up to 12 patients per hour, Hy-Vee said yesterday. The West Des ...
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Job-based premiums continue to rise faster than wages, inflation Annual premiums for job-based family coverage rose to $21,342 on average this year, according to an annual survey by the Kaiser Family Foundation. That's 3.7% higher than the cost of family coverage in 2019. Workers are paying more than a fourth of that ...
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Dan Berger On Wine: A decade of disaster In a year when more than 200,000 Americans died because of a rampant virus; when thousands of homes, lives, and businesses were destroyed by wildfires, and when normal life nationally was shattered by wide-ranging weather catastrophes, a bad vintage ...
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Singapore Will Launch Cruises Again, But With No Destinations Singapore announced cruises will start sailing next month — but in order to keep crew and passengers safe amid the coronavirus pandemic, the ships will make no stops and simply return to the port they came from. The island country is trying to creatively fire ...
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The world's busiest airports -- and how far they've fallen Atlanta and Beijing airports held the top two spots in 2019, with more than 110 million and 100 million passengers, respectively. But those airports saw passenger traffic drops of 56.6% and 73.6% in the first half of 2020.
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US budget deficit topped a record $3 trillion for 2020 fiscal year. The federal budget deficit was $3.1 trillion for the 2020 fiscal year, the Congressional Budget Office estimated on Thursday. The deficit is a record for the United States in terms of total dollars and is a direct result of the federal response to the coronavirus ...
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First look: Amazon's new Illinois-built electric delivery trucks A year after announcing a blockbuster partnership to produce a fleet of 100,000 electric vehicles, the e-commerce giant and Rivian are revealing the model that will hit the road next year. WHITNEY McDONALD. Automotive News. Tweet · Share; More.
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IMF study says lockdowns may pay off in the long run for economy but are a drag now The stricter the lockdown, the greater the impact on the economy, the International Monetary Fund said Thursday in a new study that nonetheless argues the restrictions may pay off in the long run for the economy. The IMF examined 52 countries, across ...
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Yelp will now identify businesses accused of racism on its platform Starting Thursday, Yelp will add an alert on the pages of businesses that have been accused of racist behavior, following several widely covered allegations of racism at U.S. restaurants in recent months. The crowdsourced review platform is often the first ...
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Four questions about the office investment market with Newmark Knight Frank Earlier this week, the Business Journal reported that local commercial real estate experts have begun to see more properties come back to the market for sale, a sign that some normalcy might be returning to the investment market. One expert featured in the ...
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Chicago will test out heated tables, popup 'cabins' to keep outdoor dining going in winter months CHICAGO — Restaurants will keep outdoor dining going throughout Chicago's winter months using popup cabins, movable booths and Japanese inspired heated tables after the winning design concepts were officially selected by the City Thursday.
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Southwest Airlines is adding routes. Here are the new flights are coming to Phoenix As the airline industry continues to adjust schedules to respond to the decrease in travel caused by the COVID-19 pandemic, Southwest Airlines is adding a new route from Phoenix Sky Harbor International Airport: Palm Springs, California. The flights will ...
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Square just bought $50 million in bitcoin MUST WATCH. PayPal can now provide digital payments in China 02:51. (CNN) Square (SQ) is making another big bet on bitcoin. The financial services company, which is led by Twitter (TWTR) co-founder and CEO Jack Dorsey, announced Thursday that it ...
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State relaxes table limits for bars and restaurants The state on Thursday issued new guidelines for bars and restaurants that allow up to 10 people to share one table, an increase in the limit put in place during the early phases of the pandemic. For Jax Café owner Bill Kozlak, the announcement was like an ...
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Eliot's Sweet Dirt digs in for Maine's marijuana market ELIOT, Maine — As recreational marijuana sales open across the state on Friday, Sweet Dirt is stealthily laying the groundwork to develop a stronghold on Maine's budding new industry. Headquartered on Route 236, Sweet Dirt will not join the recreational ...
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West Virginia site chosen for high-speed travel facility Virgin Hyperloop One will build a certification center in West Virginia to test the high-speed transportation concept that uses enclosed pods to zip passengers underground at over 600 mph. CHARLESTON, W.Va. (AP) — Virgin Hyperloop One will build a ...
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Allegiant Air, the only airline at Punta Gorda Airport, furloughs 100 pilots "There are not many people traveling right now because of the restrictions," said Daniel Bonenberger of Harbour Heights. That's the case for travelers all over the U.S.. "We didn't have a reason to fly, but now we do," said John Unnerstal from Venice.
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Charles Street shutting down for a day to allow strolling, shopping and eating Charles Street, in many ways the Main Street of a large swath of the city, is beloved for its architecture, eclectic shops and restaurants and European feel. It's stood in for Paris for more than one movie production. Now, the busy thoroughfare that winds its way ...
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Sam's Club Lengthens Deals and Will Offer Smaller Pack Sizes Walmart's (WMT) - Get Report Sam's Club stores during the holiday season will extend holiday-savings events, offer smaller pack sizes for select items, and ramp up hiring. The membership-based shopping club said on Thursday it would offer a bunch of ...
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AG: Hospital operator agrees to $5M settlement over 2014 patient data breach A hospital chain has reached a $5 million settlement with Tennessee and 27 other states over a 2014 data breach that exposed patient information, the state's attorney general announced Thursday. The settlement, filed Thursday, is with Tennessee-based ...
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Startup that's raised $55M plans to employ 300 in Olive Branch Media mogul Adam Sandow's new startup catering to the architecture industry is growing its local operations into a 370,000-square-foot facility in Olive Branch. Material Bank, which helps architects and designers access samples from hundreds of materials ...
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British Airways' Iconic Boeing 747s Take Their Final Bow Boeing's (BA) - Get Report iconic, much-loved 747 jumbo jet flew a bit closer to retirement on Thursday after British Airways sent its final two planes into the proverbial sunset. The airline's last two Heathrow-based Boeing 747 planes took to the skies Thursday ...
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Google Moving Ahead With Revised Downtown SJ Development Even as more people are working from home or are without jobs, Google is moving ahead with plans to build more office space and housing in San Jose with a plan called Downtown West. The project would bring more office space for Google, but since so ...
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De Pere location among former Dean foods plants to be sold (WLUK) -- A judge approved the proposed final judgment against Dairy Farmers of America this week. The final judgement requires that DFA divest two plants, one in De Pere and another in Harvard, Illinois, to a buyer within 30 days. DFA is also required to ...
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Beyond Meat Launches Its Fourth New 2020 Product: Breakfast Sausage Links Plant-based meat maker Beyond Meat (NASDAQ:BYND) continues to make headlines as it launches its fourth major product for the year, Beyond Breakfast Sausage Links. Designed as an alternative to the pork sausages that have been a breakfast standby ...
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Fitch Rates Virginia Pub School Auth's $505MM School Financing Bonds 'AA+'; Outlook Stable Fitch Ratings - New York - 08 Oct 2020: Fitch Ratings has assigned a 'AA+' rating to the following Virginia Public School Authority (VPSA) school financing bonds (1997 resolution):. --$155.760 million school financing bonds, series 2020B;. --$349.675 million ...
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2021 Audi E-Tron GT Teased In Massive Photo Gallery, Hot E-Tron GT RS Variant Confirmed The Porsche Taycan's sister model is called the Audi E-Tron GT, and while you can't buy it today, it will be soon enough, as the automaker has announced that it will enter production before the end of the year. Set to be put together at Neckarsulm, Germany, ...
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USPS suspending services to some South Louisiana post offices The United State Postal Service says that services will be temporarily suspended at some post offices in South Louisiana due to Hurricane Delta. Mail delivery and retail operations will be suspended in parishes where mandatory evacuations have been ...
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Exclusive: Boeing in talks with Alaska Airlines for potential 737 MAX order – sources By Eric M. Johnson and Tracy Rucinski. SEATTLE/CHICAGO (Reuters) - Boeing Co is in discussions to sell 737 MAX jets to Alaska Airlines once the plane returns to service following a lengthy grounding, three people familiar with the matter said. The talks are ...
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Ontario jumps into EV revolution with both feet Although that major announcement Thursday – big bucks to Ford - concerned a major investment in battery electric car manufacturing in this province, it was also a signal that Ontario is prepared to go whichever way the wind blows to support the auto industry ...
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Utilities can soon cut off non-paying customers, Pa. says, but the poorest customers are protected Pennsylvania utilities will be allowed to resume shutoffs of nonpaying customers on Nov. 9 after state regulators on Thursday lifted a moratorium that had been in place since the onset of the coronavirus pandemic emergency. The Pennsylvania Public Utility ...
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Bank of South Carolina: 3Q Earnings Snapshot CHARLESTON, S.C. (AP) — Bank of South Carolina Corp. (BKSC) on Thursday reported third-quarter net income of $1.7 million. The Charleston, South Carolina-based bank said it had earnings of 30 cents per share. Bank of South Carolina shares have ...
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Consumer Alert: Nursing Pillows Could Pose Suffocation Hazard, CPSC Says (CBSNewYork) – There's a consumer alert for parents of infant children. A government agency is warning that nursing pillows could pose a suffocation hazard. As Laura Podesta reports, Kristen Kelly is a podcaster and mother of two young children in ...
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Touch Controller IC Market | Adoption of New Technologies to Boost the Market Growth | Technavio LONDON--(BUSINESS WIRE)--Oct 8, 2020--. The global touch controller IC market size is poised to grow by USD 6.67 billion during 2020-2024, progressing at a CAGR of over 15% throughout the forecast period, according to the latest report by Technavio.
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Aphria shares rise on first EU-GMP cannabis shipments to Germany Shares of Canadian cannabis licensed producer Aphria Inc. (APHA) (TSX.APHA) rose nearly 4% on Wednesday in the wake of the company's announcementit has begun shipping medical marijuana to Germany for the first time. In a press release, Aphria said ...
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The first American woman to captain a cruise ship schools internet troll in viral video The first mistake the internet troll made was questioning a woman's ability to be a cruise ship captain. The second mistake he or she made (we suspect it's a he) was directing the comments at Kate McCue, the social media-savvy captain of Celebrity Cruises' ...
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