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How billionaire Jack Ma fell to earth and took Ant's mega IPO with him SINGAPORE/HONG KONG/BEIJING (Reuters) - They say talk is cheap. Tell that to Jack Ma. FILE PHOTO: Founder and Chairman of Chinese internet giant Alibaba Jack Ma gives a speech at Paris' high profile startups and high tech leaders gathering, Viva ...
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DOJ sues to block Visa acquisition of fintech startup Plaid New York (CNN Business) The federal government is suing to block Visa's $5.3 billion acquisition of fintech startup Plaid, alleging the merger violates antitrust laws. Visa (V) in January announced plans to acquire Plaid, which makes digital infrastructure ...
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Twin River approved by NJ gaming regulators to operate Bally's Atlantic City ATLANTIC CITY — Twin River Worldwide Holdings, Inc. was given the green light Thursday by state gaming regulators to own and operate Bally's casino hotel with a condition that renovations and upgrades begin post-haste. The Casino Control Commission ...
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Yeti sales reach $1 billion over 12-month period, shares soar A Yeti hard cooler can cost as much as $1,300, according to the company's e-commerce site. Reintjes also attributed Yeti's better-than-expected quarterly results to outreach to its customers, such as ...
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Big Blue reaches for hybrid cloud to target 5G telcos; creates partner ecosystem IBM is targeting 5G telcos with its new hybrid cloud platform that includes a roster of vendor partners such as Cisco, Intel and Samsung. (Getty Images). Share Facebook Twitter LinkedIn Email Print. IBM has thrown its hat into the telco ring with the launch of ...
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Warren Buffett and Robinhood Traders Own This Stock -- Should You? Robinhood traders are well-known for their love of high-growth stocks, particularly in the technology sector, but that's not all they buy. Investors on the popular app-based stock trading platform also own many value stocks. A quick glance at the 100 most ...
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Fed keeps rates near zero, promises to take further steps if the economy weakens amid COVID-19 pandemic WASHINGTON – The Federal Reserve kept its benchmark interest rate at a record low near zero Thursday and signaled its readiness to do more if needed to support an economy under threat from a worsening coronavirus pandemic. The Fed announced no ...
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The Justice Department just seized a record $1 billion in bitcoin Initially, speculation had it that $1 billion worth of bitcoin might have just been stolen by hackers. It turns out the U.S. government was behind it all along. The Justice Department this week reportedly seized that unprecedented sum, which sat dormant for years ...
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COVID-19 updates: Alvord ISD reports 20 active cases Alvord ISD will continue to offer remote learning as an option to all of its students through Dec. 18. District officials said this is due to the recent increase of active COVID-19 cases. As of Wednesday, the district is reporting 20 active cases. School officials said ...
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Citadel, Citadel Securities opening Paris office The two financial firms founded by Chicago billionaire Ken Griffin are expanding their presence in Europe. Lynne Marek · Tweet · Share; More. Share · Email · Reprints Print. Bloomberg. Citadel and Citadel Securities, the financial firms founded and controlled ...
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Dollar Retreats to Lowest Since 2018 on Prospects of Biden Win The dollar dropped for a third day to its lowest level in more than two years as Joe Biden looked increasingly likely to claim the U.S. presidency and traders geared up for a Federal Reserve policy decision. The Bloomberg Dollar Spot Index fell as much as 1% ...
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Who would get Regeneron's COVID-19 antibody treatment? Regeneron's closely watched COVID-19 drug didn't appear to help everyone who got it in early clinical tests. The treatment's benefit, according to data released so far by the company, seems confined mostly to people whose immune systems haven't mounted ...
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Papa John's Atlanta headquarters to cost $15-$20M for reorganization Papa John's plans to open an Atlanta headquarters will come with some reorganization costs. Papa John's International Inc. (Nasdaq: PZZA) announced Nov. 5 it will incur $15 million to $20 million in corporate reorganization costs related to its Atlanta ...
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Tree House Brewing plans to open a Cape Cod location with stunning views this summer How's this for some much-needed good news: Tree House Brewing announced Thursday that it will debut a Cape Cod location, and the views alone are worthy of buzz. The award-winning, Charlton-based brewery revealed that its new outpost, scheduled to ...
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Anoka-based Vista Outdoor had big quarter; Remington purchase should help future results Vista Outdoor continued to benefit from people's renewed interest in outdoor activities as a relief from COVID-19 restrictions. But strategic decisions and investments made before the pandemic laid the groundwork for additional success. And its acquisition of ...
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Oregon Insight: San Francisco follows Portland's lead with a tax on CEO pay Here is The Oregonian's weekly look at the numbers behind the state's economy. View past installments here. San Francisco voted overwhelmingly Tuesday to establish a new tax on businesses whose CEOs make more than 100 times what their median ...
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Trammell Crow pitches new mixed-use building for vacant lot in Shaw Trammell Crow Co. is now targeting a rare vacant lot in Shaw for a new mixed-use project. The developer filed plans Tuesday for a new planned unit development at the intersection of 7th and P streets NW, just across the street from the Kennedy Recreation ...
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NIO Is Worth as Much as GM. It's Another Sign EVs are Taking Over. Electric-vehicle investors remember when Tesla marched past one rival after another in terms of market capitalization as Elon Musk's company headed toward dominance among automotive stocks. Now another EV maker is performing similar feats. Stock in ...
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T-Mobile's Acquisition of Sprint Just Got $200 Million More Expensive T-Mobile CEO Mike Sievert. Image source: T-Mobile. Resolving an "inherited" investigation. T-Mobile has settled with the Federal Communications Commission (FCC), which had ...
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Starbucks to launch this year's holiday cups Friday (CNN) - Starbucks has unveiled its new cups for the holiday season. Starting Friday, customers will have their drinks served in one of four festive cups. Starbucks first rolled out seasonal cups in 1997. They're meant to drum up excitement for the coffee chain.
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Barrick Gold Stock Is Soaring Because Surging Gold Prices Were Fantastic for Earnings Barrick Gold (GOLD) rode gold prices higher in the third quarter, as the company reported better-than-expected earnings. Its stock is rising. The Canadian mining giant posted an adjusted profit of $726 million, or 41 cents a share, an increase of 78% from last ...
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Social Security Isn't Just for Retirees. Are You Eligible? Social Security survivors benefits. Survivors benefits go to the spouses, minor children, and in some cases, ex-spouses and dependent parents of deceased workers. The worker must've earned enough credits in order to qualify for benefits, but how many credits ...
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Why Qualcomm Stock Just Popped 14% What happened. Shares of semiconductor maker and intellectual property powerhouse Qualcomm (NASDAQ:QCOM) are surging in Thursday morning trading, up a solid 14% as of 10:20 a.m. EST, after the company reported a big earnings beat last night.
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Aldi opens first Valley stores, more on the way After already investing tens of millions of dollars into the Valley over the last several years, grocery chain Aldi has finally opened its first Arizona stores. The German discount grocery chain, which has its U.S. headquarters in Batavia, Illinois, held soft openings ...
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Taco Bell Cantina, serving beer and sangria, opens near Boston University A new kind of Taco Bell restaurant serving alcohol and appetizers opened its doors in Boston this week. The Taco Bell Cantina location opened Wednesday at 872 Commonwealth Ave. in Brookline near Boston University. "This isn't just any Taco Bell," the ...
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Quantum Physics Professor and Children's Book Author Chris Ferrie Joins Q-CTRL as Quantum Education Advisor Q-CTRL provides quantum control infrastructure software for quantum computing end-users and R&D professionals. Its flagship professional-grade product, BOULDER OPAL, allows customers to accelerate the pathway to quantum advantage and perform like ...
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Ryanair says Boeing has delayed production of 737 Max 10 Boeing has delayed plans to manufacture the new 737 Max 10 jet at its Renton factory for as long as two years, Ryanair Group CEO Michael O'Leary said. O'Leary shared details about the Chicago-based jet maker's production plans – details that Boeing itself ...
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Pa. state secretary urges patience as vote count continues READING, Pa. - As ballots are still being counted across a number of states, including Pennsylvania, many believe things are going as expected. "We are exactly where we said we would be," Secretary of State Kathy Boockvar said Wednesday. "We said it ...
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Authorities seek public's help in finding missing Florence man Authorities are asking for the public's help in find a missing Florence man. Dustin Hubert May, 38, was last seen Nov. 4 in the area of Southern Oaks Apartments in Florence, according to a missing alert issued Thursday by the Alabama Law Enforcement ...
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Schnucks expanding curbside pickup in St. Louis area ST. LOUIS — Amid the coronavirus pandemic, several shoppers have chosen to pick up their groceries rather than going into the store. Since curbside pickup is in high demand, many grocery stores have expanded their pickup options during this time.
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Peace Coffee Closing Coffee Shops to Focus on Wholesale With wholesale coffee bean sales soaring as more people caffeinate at home due to Covid-19, fair trade roaster Peace Coffee has decided to exit the coffee shop business, closing its three Minneapolis stores. But the flagship location in Longfellow will carry ...
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Mobile McDonald's manager wins Ray Kroc Award MOBILE, Ala. (WKRG) — A Mobile McDonald's manager is the recipient of the Ray Kroc Award — a global award named after the restaurant chain's founder. Lashanta Bettis received a cash prize and a trophy with the award that recognizes the top-performing ...
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Right-to-repair bill handily approved in one state Repair stakeholders say that voter approval of the Massachusetts bill is an indication of growing public support for policies protecting independent access to repair resources. | RoClickMag/Shutterstock. A ballot measure guaranteeing independent automotive ...
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STORE Capital Announces Third Quarter 2020 Operating Results SCOTTSDALE, Ariz.--(BUSINESS WIRE)--STORE Capital Corporation (NYSE: STOR, "STORE Capital" or the "Company"), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today ...
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Unemployment rate hits 5.3 per cent – Stats NZ The unemployment rate in New Zealand has hit 5.3 per cent. Stats NZ says in the September 2020 quarter, the seasonally adjusted number of unemployed people rose by 37,000 to reach 151,000, as the impact of COVID-19 hit the labour market. This 37,000 ...
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2021 Ford Mustang Deletes Integrated Turn Signals On Some Models The Ford Mustang has offered Heated Mirrors with Integrated Turn Signal Indicators for a few years now – most recently as standard equipment on cars equipped with either the 200A EcoBoost Premium standard package, 400A Mustang GT Premium ...
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Protecting Your Company From COVID-19 Workplace Safety Whistleblower Claims The COVID-19 pandemic has resulted in a dramatic increase in the number of whistleblower complaints to OSHA alleging inadequate protection of employees from COVID-19 in the workplace. OSHA protects employees who complain about unsafe or ...
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American Red Cross Urging Hoosiers To Donate Blood During Holiday Season (UNDATED) – The American Red Cross is urging healthy donors of all blood types to band together to give blood and help ensure a stable blood supply for patients this holiday season. The traditional slump in blood donations between Thanksgiving and New ...
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Feds plan pork promotion agency This morning, federal ag minister Marie Claude Bibeau unveiled the Canadian Pork Promotion and Research Agency. Bibeau made the announcement, virtually, during the annual general meeting of Les Levers de porcs du Québec.
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American Airlines begins non-stop flights from Tulsa to Phoenix TULSA, Okla. — American Airlines will now offer non-stop flights from Tulsa to Phoenix. Tulsa International Airport held a ribbon-cutting Thursday to celebrate the launch. "We are excited for Tulsans traveling to Phoenix to have this non-stop, as well as for the ...
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