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Oil prices end mixed, despite big US crude stock drawdown NEW YORK (Reuters) - Oil prices were little changed on Wednesday, despite a massive drawdown in U.S. crude inventories, as ongoing concerns about the coronavirus pandemic tempered buying interest. FILE PHOTO: Pump jacks operate in front of a ...
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GameStop and AMC stocks soar on another day of wild trading in heavily shorted companies GameStop shares more than double, valuing the retailer at more than $24 billion, and AMC stock more than triples amid continuing calls on Reddit message board to squeeze shorts. Email icon; Facebook icon; Twitter icon; Linkedin icon; Flipboard icon.
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Want Your Order Even Faster, Check Out Walmart's New Tech-Powered Options Instead, the retail behemoth has been innovating and finding ways to use its stores, including as hybrid retail-cum-fulfillment centers. Walmart on Wednesday said it's been able to compress the speed with which ...
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New York Community Bancorp Inc (NYCB) Q4 2020 Earnings Call Transcript Prepared Remarks: Salvatore J. DiMartino -- Director of Investor Relations. Good morning, everyone. This is Sal DiMartino, Director of Investor Relations. Thank you for joining the Management Team of New York Community Bancorp for today's conference call.
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AMC Erases 2020's Pandemic Loss Amid Retail Trading Stampede AMC Entertainment Holdings Inc. surged Wednesday, wiping out all of last year's pandemic losses, fueled by retail trader optimism after the cinema giant raised new funds this week. The shares more than quadrupled to close at $19.90, the highest since ...
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Tesla stock falls after reporting its first profit miss in more than a year Tesla expects a 50% annual growth for its deliveries in future years, and says it likely will 'grow faster' in 2021. Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in 2019. AFP via Getty Images. Email icon; Facebook icon; Twitter icon ...
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Facebook blows away Q4 expectations, but calls out Apple's iOS privacy change as a 'headwind' for 2021 Facebook on Wednesday reported $28.1 billion in Q4 revenue, beating expectations of $26.4 billion. Facebook said monthly users grew to 2.8 billion, versus 2.76 billion expected by analysts. Facebook reported GAAP EPS of $3.88 ...
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Tesla reports first full-year profit as sales of electric cars jump. The company's fourth quarter earnings were below analysts' expectations and Tesla stock fell about 4 percent in extended trading on Wednesday. Tesla's transformation from a company that lost large sums of money every year has been made ...
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General Motors to run two Super Bowl ads pushing electric vehicles The 60-second Cadillac ad is from Leo Burnett and will plug the Lyriq, a crossover that marks the luxury brand's first electric vehicle that is expected to hit dealers in the first half of 2022. The ...
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Live updates: Dozens without appointments turned away from Spokane Arena mass vaccine clinic The Spokane Regional Health District confirmed on Monday that it received the first shipment of 3,000 Moderna coronavirus vaccines for the site. CHAS Health plans to administer 500 COVID-19 vaccines at the site every day. Roughly ...
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Compare Today's Mortgage Rates January 27th, 2021 | Rates dip Multiple benchmark mortgage rates slid lower today. The average rates on 30-year fixed and 15-year fixed mortgages both slid down. The average rate on 5/1 adjustable-rate mortgages, meanwhile, held firm.
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Intel's Incoming CEO Gelsinger Lures Back Engineering Talent Intel Corp.'s incoming Chief Executive Officer Pat Gelsinger is luring back talent to world's largest chipmaker before he even officially returns. Sunil Shenoy will rejoin Intel as senior vice president of the Design Engineering group effective Feb. 1, the Santa ...
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Reddit Day Trader Army Fattens Fortunes of the Super-Rich Wang Jianlin up $450 million as AMC Entertainment spikes · Soaring shares add $200 million to Tootsie Roll CEO's fortune.
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Bitcoin Has Crashed: Is This The End? Bitcoin's recent high was at $41,962. It is as I write $31,265, which is a fall of more than 25%. A 25% fall is, at least in stocks and shares, considered a crash. Here is the chart: The bitcoin chart shows a crash is happening. Credit: ADVFN. For me this is a very ...
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Navistar to collaborate with GM, others on hydrogen fuel-cell commercial trucks Ben Klayman · DETROIT, Jan 27 (Reuters) · Navistar is one of several companies globally, including Tesla Inc · Hydrogen fuel company OneH2, in which Navistar will take a undisclosed minority stake, will supply a fueling solution ...
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Law enforcement takes over Emotet, one of the biggest botnets Law enforcement agencies from several countries collaborated in a joint operation that resulted in taking over the command-and-control infrastructure behind Emotet, one of the world's largest botnets. Whether this disruption to the botnet will be permanent ...
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Blackstone assets increase 6% for quarter, 8% for year During Wednesday's call, Jonathan Gray, Blackstone president and chief operating officer, discussed Blackstone's acquisition of Allstate Corp.'s life insurance business, Allstate Life Insurance Co., for $2.8 billion that was announced Tuesday evening.
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United Airlines shrinking HQ space in Willis Tower in latest COVID-19 hit to downtown Chicago Chicago-based United on Wednesday said it would give back three floors of its 850,000-square-foot space in the city's tallest skyscraper, effective next January. Advertisement.
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Levi Strauss Beats Quarterly Revenue Estimates on Online Strength (Reuters) - Denim maker Levi Strauss & Co beat analysts' estimates for quarterly revenue on Wednesday, as higher online sales cushioned the blow from a slump in store traffic due to the COVID-19 pandemic. Sales through retailers' e-commerce channels ...
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Microsoft, IBD Stock Of The Day, Extends Gains After Earnings Beat MSFT · Company delivered beat-and-raise earnings after Tuesday's close · Shares broke out of 22-week consolidation; buy point at 232.96 · The 5% chase zone of Tuesday's breakout extends up to 244.61.
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General Dynamics reunites two business segments, at least on the balance sheet General Dynamics Corp. (NYSE: GD) logged fourth quarter gains Wednesday on what has been a fiscal year upended by the ongoing tumult of the Covid-19 pandemic, with executives looking to rebuild momentum through 2021. That includes in the Reston ...
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Chain of Lucky's 13 Pubs sells to St. Paul restaurant group behind Pajarito Seven locations of Lucky's 13 Pub, plus four other restaurants, sold in December to Eclectic Culinary Concepts Inc., the St. Paul-based restaurant group behind the Pajarito Mexican bistros in St. Paul and Edina. The terms of the private transaction were not ...
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France's Sanofi to help rival Pfizer-BioNTech make vaccines PARIS — In an unusual and potentially groundbreaking decision, French drugmaker Sanofi said Wednesday it will help bottle and package 125 million doses of the coronavirus vaccine developed by its rivals Pfizer and BioNTech, while its own vaccine ...
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These Valentine's Day gifts for long-distance couples keep the love alive CNN Underscored is your guide to the everyday products and services that help you live a smarter, simpler and more fulfilling life. The content is created by CNN Underscored. CNN News staff is not involved. When you make a purchase, we receive revenue.
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Bay Area apartment rents climb for the first time since start of pandemic The report focuses on the cost of renting a one-bedroom apartment, which in San Francisco increased 0.8% to $2,680. The increase comes after the city saw a year-over-year decrease in one-bedroom rents of 23.9%, according to data crunched by Zumper.
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Neiman Marcus plans to spend $85 million to make online shopping experience upgrades Some of that money will be spent at its Pinnicle Park facility. The Dallas-based luxury retailer also hired two executives and says it wants to be more collaborative with the brands it sells.
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Tensions rise as AstraZeneca, EU spar over vaccine delays BRUSSELS (AP) — The European Union and drugmaker AstraZeneca sparred Wednesday over a delay in coronavirus vaccine deliveries amid a deepening dispute that raises concerns about international competition for limited supplies of the shots needed ...
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How Chewy co-founder — and South Florida man — Ryan Cohen drove GameStop's stock skyward At the heart of the astonishing rise in the share price of GameStop this week lies a familiar face to much of South Florida's business community. Wall Street analysts say the appointment of Ryan Cohen, the co-founder of Dania-based online pet store Chewy, ...
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Exxon Reportedly Mulls Changes in Response to Activist Investors People familiar with the matter told The Wall Street Journal that the Irving, Texas, oil titan is mulling an addition of one or more directors to the board, an increase in environmental investments and a decrease in capital spending.
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Hologic Announces Financial Results for First Quarter of Fiscal 2021 Revenue increased 89.3% for the quarter, or 86.5% in constant currency, including revenue from the divested Medical Aesthetics business in the prior year period. Excluding material acquisitions and divestitures, organic revenue in the first quarter increased ...
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Lackawanna approves site plans for Sucro Sourcing expansion at former Bethlehem Steel site The project will transform the remains of three abandoned and decaying buildings on the former steel complex into new structures to include a raw storage warehouse, a sugar refinery, packaging and finished good warehousing and offices.
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Budweiser, Coke, Hyundai And More To Sit Out Super Bowl 2021 Advertising, Nervous About Tone Amid Pandemic For starters, the Clydesdales and others will sit on the sidelines of Super Bowl 55. Budweiser made the announcement Monday, joining other names synonymous with the Super Bowl: Coke, Audi, and Hyundai among them, as well as Pepsi, which will focus its ...
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New Round Of PPP Lending Off To Smooth Start A few days later, small community banks were given the go-ahead to begin accepting applications. More recently, larger banks like Truist and Wells Fargo were invited to participate. The agency will offer a program overview webinar Thursday from 9 a.m. to 10 ...
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Browsing returns: Rockford Public Library locations to reopen to public ROCKFORD — The city's libraries are ready to reopen to browsing again — another step toward a return to regular services but still quite a ways from pre-pandemic operations. Come Monday, the city's Hart, East and Montague library branches will open their ...
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New COVID-19 vaccine site in Spanish Fork capable of handling thousands of doses per day SPANISH FORK, Utah — A vacant store in Spanish Fork has been converted to a high-capacity COVID-19 vaccination facility. The site, which is housed in an old Shopko building at the juncture of I-15 and Main St., opened Tuesday and is Utah County's ...
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'Fiber cut in Brooklyn' said to be cause of massive internet outage January 27, 2021 Tali Arbel, Matt O'Brien and Frank Bajak, Associated Press, and Raanan Geberer, Brooklyn Daily Eagle. In this Aug. 11, 2019, file photo, an iPhone displays the Facebook app. Users across the northeast U.S. reported widespread internet ...
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Robot delivers the dough on college campuses Starship is also expanding its delivery services to two new campuses: UCLA and Bridgewater State University in Massachusetts. "Completing one million deliveries is a milestone that everyone at Starship is celebrating," says Ahti Heinla ...
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Raytheon announces additional 1500 layoffs; sees brighter days ahead for commercial aviation Raytheon Technologies Corp. will increase planned layoffs by 1,500, bringing the total job losses to 16,500 across the Massachusetts-based defense and commercial aerospace conglomerate, as its commercial aerospace business continues to suffer amid ...
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Misty Copeland Launches Mustang Mach-E Social Challenge to Honor Unique Strength of Women - #ShowSomeMuscle American ballet dancer Misty Copeland, professional basketball player Gabby Williams and Ayana Lage, an advocate for social justice, helped kick off the challenge earlier this week. These talented, accomplished women are ...
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LVHN holds drive-thru COVID-19 vaccination clinic at Dorney Park SOUTH WHITEHALL TWP., Pa. - Cars lined the parking lot at Dorney Park on Wednesday for a mass vaccination clinic. It involved two weeks of planning for Lehigh Valley Health Network to get the operation up and running. "We're very excited about that, ...
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Plano-based Frito Lay predicts most popular snacks for 2021 Super Bowl The coronavirus has changed many of our revered traditions in the past year but Super Bowl will go on and, according to Frito-Lay, there will be chips & dip. The Plano-based company conducted its annual poll on snacking habits and made the following ...
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Fast food chicken chain to open 4 Montgomery area stores Huey Magoos serves hand-breaded, grilled, or "sauced" chicken tenders are "marinated for 24-hours and then made to order." The chain also serves salads, sandwiches and wraps, the website says.
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Chick-fil-A manager called in to help drive thru back up at COVID-19 vaccine site MOUNT PLEASANT, S.C. (WCSC) - What do you do when your COVID-19 vaccine drive thru line is backed up? You seek out the professionals. That's what Mount Pleasant Mayor Will Haynie did calling up the expertise of Chick-fil-A manager Jerry Walkowiak ...
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Las Vegas Sands reports loss of nearly $1.7 billion for 2020 LAS VEGAS (AP) — Las Vegas Sands Corp. on Wednesday reported a fourth-quarter loss of $299 million, after reporting a profit in the same period a year earlier. The Las Vegas-based company said it had a loss of 39 cents per share. Losses, adjusted for ...
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Ian grills up some wings for Super Bowl Sunday Put chicken wings in a bowl and generously cover them with spices. Make sure they are evenly coated. Let them sit for about 30 minutes. Add a cup of water to you Instant Pot. Use ...
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Erie County restaurants can apply for $5000 from DoorDash The food delivery service is offering $200,000 in grants for struggling restaurants during this pandemic. It's apart of an initiative from DoorDash to provide $200 million to restaurants across the U.S. and Canada. You can sign ...
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Dunkin' Offering Pink Velvet and Mocha Macchiatos for Valentine's Day No matter how Valentine's Day is celebrated, Dunkin' is making it easy to feel the love and share in the sweetness of the holiday with a lineup of sweet sips and treats, featuring beautifully bold espresso beverages and perfect pairings of heart-shaped donuts.
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| Marketing Company Agrees to Pay $150 Million for Facilitating Elder Fraud Schemes Epsilon Data Management LLC (Epsilon), one of the largest marketing companies in the world, has entered into a landmark resolution with the Department of Justice to resolve a criminal charge for selling millions of Americans' information to perpetrators of ...
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State Police issue missing persons advisory in Chambersburg, PA Anyone with information on the whereabouts of Clyde and Elizabeth Stewart is asked to contact police immediately by calling 911 or Chambersburg PSP at 717-264-5161. Copyright 2021 Nexstar Inc ...
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Chinese brands continue to dominate Indian smartphone market India's mobile handset market declined 9% y-o-y in 2020 due to a decline in feature phone shipments. The feature phone market registered a 20% y-o-y decline last year as consumers in this segment were the worst hit by lockdown.
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