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Johnson & Johnson's Vaccine Offers Strong Protection but Fuels Concern About Variants Johnson & Johnson announced on Friday that its one-dose coronavirus vaccine provided strong protection against Covid-19, potentially offering the United States a third powerful tool in a desperate race against a worldwide rise in virus mutations. But the ...
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Oil rises but remains rangebound as OPEC cuts offset virus fears SINGAPORE (Reuters) - Oil prices edged up on Friday but traded in a tight range as demand concerns caused by new coronavirus variants and slow vaccine rollouts offset a cut in Saudi Arabian oil supply and falling U.S. oil inventories. FILE PHOTO: A view ...
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Messy Carbon Offsets Show Markets Aren't Always the Answer Big finance may have to accept the reality that bespoke carbon removal solutions simply don't lend themselves to an elegant, scalable market. By. Kate Mackenzie. January 29, 2021, 3:00 AM PST. 6:31 ...
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Shell Subsidiary Must Compensate Nigerian Farmers, Dutch Court Rules An appeals court said that a small group of farmers in the Niger Delta region whose livelihoods were affected by oil spills in 2006 and 2007 should receive payouts.
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Crypto Has Entered Its Fourth Stage Of Adoption, Industry Exec Says Bitcoin (BTC) had a standout year in the price category last year, rising from $3,870 in March, all the way past its 2017 record highs near $20,000. By January 2021, crypto's pioneer asset found itself priced at almost $42,000 per coin. Bitcoin also gained a ...
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US Household Spending Falls, While Stimulus Boosts Incomes Purchases decreased 0.2% from the prior month, following a downwardly revised 0.7% decline in November, a Commerce Department report showed Friday. That compared with estimates for a 0.4% drop. Personal incomes rose 0.6%, stronger than the 0.1% ...
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Turkey Ends Two-Year Freeze on Banks' Dividends Turkey's banking regulator ended a two-year freeze and allowed lenders to distribute dividends from their 2020 net income, citing lenders' successful risk management during the coronavirus pandemic. The banking regulator, known as BDDK, permitted ...
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America's Next Great Economic Experiment: What if We Run It Hot? The administration's proposal, when combined with the $900 billion in pandemic aid agreed to in December, would amount to a bigger surge of spending, both in absolute terms and relative to the depth of the nation's economic hole, than has been attempted in ...
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Eli Lilly Profit Rises, Helped by Covid-19 Drug Sales Eli Lilly and Co. reported a 41% rise in its quarterly profit on Friday, boosted by strong sales of its Covid-19 antibody treatment and higher demand for its diabetes drugs. The antibody drug, bamlanivimab, brought in world-wide revenue of $871.2 million, ...
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Canada's Economy Shows Unexpected Strength to End 2020 Gross domestic product expanded 0.7% in November from a month earlier, Statistics Canada reported Friday in Ottawa, easily beating the 0.4% forecast of economists in a Bloomberg survey. A preliminary estimate from the agency shows GDP grew 0.3% in ...
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Novartis pitches in to help produce Pfizer/BioNTech COVID-19 vaccine Only a day after Novartis said it was looking at offering its manufacturing network to the global COVID-19 fight, the company is joining forces with Pfizer and BioNTech to help produce mRNA vaccines. It's the latest example of an unlikely Big Pharma ...
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UK brewer and pubs group Marston's attracts US private equity approach (Reuters) - Pub group Marston's, brewer of Pedigree, Hobgoblin and Lancaster Bomber beer, has caught the eye of U.S. Platinum Equity Advisors which is looking to make a cash offer for the two-century-old firm, the British company said on Friday. Slideshow ...
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US Employment Costs Rise Modestly in Fourth Quarter SILVER SPRING, Md. (AP) — Wages and benefits for U.S. workers rose in the last quarter of the year, putting all of 2020 in somewhat of a normal range as the pandemic continued to rankle the economy. Total U.S. workers compensation rose 0.7% in the ...
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After GameStop, Andrew Left says Citron will no longer write short selling reports Outspoken activist short seller Andrew Left on Friday said that after 20 years, his firm Citron Research will exit the business of writing reports focusing on companies whose value may fall. Via Twitter and YouTube video, Left explained his decision with a ...
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Honeywell Earnings Were Solid. The Economic Recovery Is on Track. Honeywell's (ticker: HON) result illustrate the approach most large industrial companies took to the pandemic—react quickly and stay nimble. Honeywell reported $2.07 in adjusted ...
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Ann Arbor-based Home Point Capital to go public on NASDAQ on Friday Home Point said it will price 7,250,000 shares at $13 per share for trading on the NASDAQ Global Select Market under the ticker symbol "HMPT." The offering is smaller than what the company last week was aiming for, when it anticipated 12,500,000 shares ...
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Up to 110 new jobs coming to Buchanan County as VEC relocating and expanding call center "The end result of those discussions was the decision by the VEC to lease the former SYKES Enterprises building at Southern Gap to house the expanded VEC customer service call center," Belcher added. "I commend ...
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Novavax Reports Varying Success vs. COVID-19 Variants Novavax electrified investors last night by announcing that its COVID-19 vaccine NVX-CoV2373 showed efficacy of 89.3% in the company's first analysis of data from a Phase III trial in the U.K., where a variant strain (B.1.1.7) accounted for about half of all ...
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Caterpillar Delivers Strong Earnings. That's the Good News. Caterpillar (ticker: CAT) reported $2.12 in fourth-quarter earnings per share from $11.2 billion in sales. Sales matched analyst estimates. The Street was looking for about $1.50 in per-share earnings. The highest analyst estimate was $1.77 a share. It's a pretty ...
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Colgate-Palmolive beats earnings expectations, warns of uncertainty ahead Adjusted EPS of 77 cents beat the FactSet consensus for 76 cents. Sales of $4.32 billion were up from $4.02 billion last year and beat the FactSet consensus for $4.15 billion. Colgate says it has global manual toothbrush market share of 31.1% and global ...
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Facebook to Develop Tools for Advertisers to Tackle Harmful Content This comes after companies including Coca-Cola Co and Starbucks Corp boycotted Facebook in July for not doing enough to curb hate speech on its site following the death of George Floyd, an American Black man, in police custody.
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Southwest Airlines to Return 737 MAX to Revenue Service in March The low-cost airline plans to fly the MAX—which was grounded in March 2019 following two fatal crashes in the span of six months—on 10 daily point-to-point sequences during the initial month before transitioning to normal operations in mid-April.
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Ericsson Holds On to 2022 Goals Even as Investors Want More Ericsson's chief executive dismissed investor calls for the company to raise its ambitions after a fast pace of 5G buildouts helped the Swedish network-equipment vendor reach its profitability target two years early. The Stockholm-based company reported a ...
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Bank of America Stadium mass COVID-19 vaccination clinic opens to thousands Atrium Health officials said they expect to vaccinate nearly 20,000 people at North Carolina's largest-ever COVID-19 vaccine clinic.
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Coronavirus updates in Central Texas: What to know Friday Here are the latest COVID-19 updates, closures and postponements in Central Texas for Friday, Jan. 29.
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Pandemic triggers a Grape-Nuts cereal shortage PHILADELPHIA -- If you're having a hard time finding Grape-Nuts at your local supermarket, you are not alone. The pandemic has come for Grape-Nuts. Supply chain constraints and higher demand for cereal have led to shortages of the product, Kristin ...
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Daily US Covid-19 Deaths Tick Lower People wait outside a Covid-19 vaccine distribution center in Los Angeles, Calif. Mario Tama/Getty Images. Text size. Here's what you need to know about the impact of Covid-19 to navigate the markets today.
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Mark Zuckerberg Is Worried Apple's Privacy Changes Could Be the End of Facebook The CEO told analysts that Apple is one of its biggest competitors. That misses the point.
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MaineHealth selects physician leader of Virginia health care system as its next chief executive officer Andrew T. Mueller, MD, began his career practicing family medicine before embarking on his career as an executive overseeing health care systems in North Carolina and Virginia.
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What to do if you fall behind on mortgage payments 2. Consider a refinance. As mortgage rates sit near historic lows, now may be an excellent time to consider a refinance. Lower interest rates could help you reduce your monthly payment. Additionally, adjusting your loan terms to an extended repayment period ...
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Siemens Gamesa swings to profit and confirms view Siemens Gamesa Renewable Energy SA said Friday that it swung to profit in its first quarter and confirmed its guidance and revenue, as previously reported in preliminary earnings. The Spanish turbine maker posted net profit of 11 million euros ($13.3 ...
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Crown Holdings to bring 126 jobs to Commonwealth Crossing Crown Holdings, Inc. is investing $145 million to build a facility to make aluminum beverage cans at the Commonwealth Crossing Business Center in Ridgeway, the governor's office and Henry County announced on Thursday. The facility will be 355,000 ...
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Charter: 4Q Earnings Snapshot The cable provider posted revenue of $12.62 billion in the period, also topping Street forecasts. Eleven analysts surveyed by Zacks expected $12.56 billion. For the year, the company reported profit of $3.22 billion ...
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Dunkin' offers drive-thru weddings for Valentine's Day First published on. Dive Brief: Dunkin' is promoting its seasonal menu for Valentine's Day with an experiential campaign that includes a chance for couples to get married or renew their vows in a drive-thru lane. The bakery chain also plans to open a ...
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Why Gamestop stock is capturing America's attention Gamestop stock has been a popular topic in the news lately, and University of Idaho Finance students are well-informed on the topic. "We have been fortunate to design our own trading room which emulates a real corporate trading floor endowed mainly by ...
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AAA releases new report detailing the true impact speeding can have They used dummies to conduct crash tests for this report. Officials with AAA say that going a few miles over the speed limit can have devastating consequences. "At 40 miles per hour impact speed ...
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Standex Announces Timing of Second Quarter Fiscal 2021 Results On the call, David Dunbar, Chairman, President & CEO, and Ademir Sarcevic, Vice President, CFO & Treasurer, will review the Company's second quarter financial results, business highlights and outlook.
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Libor Trader Tom Hayes Set for Release After Nearly Six Years in Jail He had been a star performer at UBS in Tokyo from 2006 until 2009, when he joined Citigroup. He was dismissed by the American bank less than a year later as the Libor scandal began to widen.
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Equinor takes multi-million write down on Tanzania LNG Equinor has taken a $982 million write down on its Tanzania LNG assets given slow progress. Equinor. Register here for the Energy Voice daily newsletter, bringing you key news and insight ...
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Pizza Hut introduces Detroit-style pizza LANSING, Mich. (WILX) - On Jan. 26, Pizza Hut introduced new handcrafted Detroit-Style pizza. The pizza is now available across the country. WHAT IS IT? Detroit-Style Pizza is rectangular in shape, with tons of cheesiness, loaded toppings, and a ...
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Budget 2021: IMF Chief Gita Gopinath Lists Out Key Areas That Should on Centre's Agenda While agriculture and infrastructure should be the focus, Gopinath said reforms to accelerate economic recovery should also score high on the government's agenda for budget 2021. Published: January 29, 2021 2:42 PM IST. By India.com Business Desk ...
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Pound Sterling: "Good Time to Bet on a Break Higher" Against the Euro says Analyst GBP/EUR breaking to new highs - Underpinned by UK vaccination programme - No month-end EU payments to provide further support. Exchange rate trader. Image © Adobe Images. GBP/EUR spot at publication: 1.1327; Bank transfer rates (indicative ...
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Google CEO Says Internal Rancor Over AI Due to Transparency (Bloomberg) -- Alphabet Inc. Chief Executive Officer Sundar Pichai said employee dissent about Google's artificial intelligence work seems intense because the company is so transparent. "Part of the reason you see a lot of debate, I mean, we engage as a ...
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How to avoid COVID-19 vaccine scams Now that a COVID-19 vaccine has arrived, many of us are eagerly awaiting the day we get our first shot. However, figuring out when you're eligible, and where to get vaccinated once you are, is challenging. Naturally, many people are feeling confused.
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