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'Dumb Money' Is on GameStop, and It's Beating Wall Street at Its Own Game GameStop shares have soared 1,700 percent as millions of small investors, egged on by social media, employ a classic Wall Street tactic to put the squeeze — on Wall Street.
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Where are Biden's clean-energy jobs and how much do they pay? Solar and wind-turbine technician aren't the only jobs on offer, construction positions increasingly require green know-how — all paying about 25% above the national wage average. A worker repairs a power generating windmill near rural Dwight, Illinois.
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Tesla's First Results as Blue Chip Disappoint Wall Street The electric-vehicle market leader reported a fourth quarter profit of 80 cents a share Wednesday on an adjusted basis due largely to price cuts, falling short of analysts' consensus estimate for $1.03 and well below the blowout $2.14 of a year ago -- before the ...
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Robert Downey Jr. Unveils Two Venture Capital Funds At Davos To Help Clean Up The Earth The funds, which are part of a broader environmental initiative already launched by the Hollywood superstar, will support companies developing business models and technologies that help address some of the toughest challenges posed by climate change.
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Facebook posts a 33 percent increase in revenue and a 53 percent jump in profit. Facebook's business rose even as it dealt with multiple controversies. It has been criticized for the proliferation of misinformation across its platform and the effects of those falsehoods on users, while regulators have grown increasingly concerned about its ...
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Home Buyers Loving the Suburbs Again The Gillies sold their Carmel, Ind., home in a single day for $25,000 above list price. Their new, larger home is right around the corner. Photograph by Courtney Carney.
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Belk Targets 24-Hour Bankruptcy With Lenders on Board for Plan Belk Inc., the department store chain owned by Sycamore Partners, will seek to complete an upcoming reorganization in bankruptcy court in a single day, according to people with knowledge of the plans. The retailer will file its Chapter 11 petition in the ...
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Cybercops Derail Malware Botnet, FBI Makes Ransomware Arrest By MIKE CORDER and FRANK BAJAK, Associated Press. THE HAGUE, Netherlands (AP) — European and North American cyber cops have joined forces to disrupt what may be the world's largest network for seeding malware infections. The operation ...
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SEC Says It Will Monitor Ongoing Market Volatility. An Expert Says the Move Means Little For Now. In the case of GameStop, regulators may end up looking for market manipulation--though that can be a hard case to make. Davidtran07/Dreamstime. The Securities and Exchange Commission ...
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Tesla Model S refreshed with a radically redesigned interior and 520-mile range On the outside, the Model S has a new front bumper with slightly different intakes, a tweaked rear diffuser and new 19- and 21-inch wheel designs. All of the exterior trim is now finished in black to match the Model Y, but the paint color palette remains the same, ...
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Do You Have to Pay Taxes on Your PPP Loan? However, most notable of the second draw PPP is that forgivable expenses have been expanded. In the first bill, businesses were eligible for loan forgiveness if the funds were used for payroll costs (60%) or payments on the business' mortgage interest ...
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Starbucks Store Traffic Isn't Picking Up, But It Sees A Silver Lining Some couldn't go to Starbucks because of shutdown orders; others were working from home offices that weren't close to a Starbucks; others chose to stay home in an effort to avoid Covid-19.
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Levi Strauss Posts a Solid Quarter. Digital Sales Aren't the Only Reason. Chief Financial Officer Harmit Singh tells Barron's that the company will remain focused on growth post-pandemic, and that its bricks-and-mortar locations still have a key role to play for its brand.
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Why Sirius XM Stock Went Up Then Back Down Today After the initial surge in shares today, some investors likely then reacted to news the company released in an SEC filing. The company's SXM-7 satellite suffered in-orbit testing failures of certain payload units, the company disclosed.
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Allstate's been in this business since 1957. Here's why it's getting out. In a move more than a decade in the making, the insurer is exiting life insurance, whose modest returns and high risks were exposed during the financial crisis. · Tweet · Share · More Share Email.
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Apple Revenue Tops $100 Billion for First Time on iPhone Sales IPhone sales reach $65.6 billion in sign of 'super cycle' · Company sees slower Wearables, AirPods and Services growth.
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ExxonMobil Activist Investor Nominates Four Independent Board Members An activist investment firm prodding ExxonMobil to boost its alternative energy holdings and improve management oversight on Wednesday formally nominated four people to the board, in time for consideration ahead of this year's annual meeting.
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Minnesota imposes March deadline for renewing expired driver's licenses Credentials that would have expired over the past year but remained valid as a result of legislation signed into law by Gov. Tim Walz last year must be renewed by March 31, Megan Leonard, a spokeswoman for the Department of Vehicle Services (DVS), said ...
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Colorado Springs Throwing Itself A Sesquicentennial Party Two years later, the Civil War hero from Pennsylvania established Colorado Springs on July 31, 1871. The city was built as a planned community, without an industrial or manufacturing base, but it prospered, attracting wealthy residents and capitalists.
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For the first time in months, no Covid-19 outbreaks in Erie County nursing homes Erie County Health Commissioner Dr. Gale Burstein, seen here with Erie County Executive Mark Poloncarz at an October news conference, was directed to report to the County Legislature weekly about nursing homes with more than 5% positive Covid-19 tests ...
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Microsoft Sales Climb 17 Percent, Lifted by Robust Cloud Demand Dina Bass (Bloomberg) -- Microsoft Corp. said fiscal second-quarter sales rose 17%, a faster clip than analysts projected, thanks to buoyant demand for corporate cloud-computing services and software tools that support at-home workers. Shares rose in late ...
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KDOL to set up new security system to fight unemployment insurance fraud The Kansas Department of Labor says it has a new partnership with LexisNexis to deploy identity verification software for unemployment insurance accounts and claims. It said the deployment of the new security system will be a major tool to combat identity theft ...
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Coronavirus: DOH reports 103 new cases, with 3 additional fatalities Hawaii County: 2,132 (3); Honolulu: 20,642 (64); Kauai: 178 (0); Maui: 1,661 (27); Lanai: 106; Molokai 25; Pending/Unknown: ...
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Abbott profit more than doubles on strong demand for COVID-19 tests Sales at its diagnostics business soared nearly 110% to $4.35 billion, nearly half of which came from selling COVID-19 test kits. The company forecast full-year adjusted earnings of $5 per share, ...
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Biden's Ambitious Plan To Make The Federal Vehicle Fleet Electric [Infographic] He also pledged that the new models would be built in America, by American workers. Considering how often Biden spoke about American-made electric vehicles on the campaign trail, the announcement is not entirely unexpected though the scale of the task ...
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Capital One Stock Rises After Bank Reinstates Its Dividend Analysts were encouraged that credit held up better than expected in the fourth quarter, with net charge-offs declining to 1.38%, compared with 1.72% in the previous quarter. Results were also helped by a $593 million reserve release, implying that the outlook ...
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Why N95 Masks Are Still In Short Supply In The US A health worker holds an N95 respirator in the emergency room at OakBend Medical Center in Richmond, Texas, in July. N95s are tested and approved by a federal agency as having demonstrated that they can filter out a minimum of 95% of airborne particles.
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How Elon Musk Became the New Oprah--and Why That Matters to You Exhibit A: One tweet by Musk caused Etsy stock to add approximately $1 billion in market cap.
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Publix headed to Moncks Corner, slated to open in 2022 Branch Properties, an Atlanta-based real estate investment firm, announced they bough 9.13 acres of land in Moncks Corner, where they plan to implement a shopping center that includes Publix. The site ...
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Goldman CEO Solomon's Pay Cut 36% Due to 1MDB Scandal Chief Operating Officer John Waldron and Chief Financial Officer Stephen Scherr also saw compensation reductions. Waldron's total dropped to $18.5 million from $24.5 million, and Scherr's to $15.5 million from $22.5 million. "These compensation amounts ...
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Outlook on the Automotive Windshield Washer System Global Market to 2027 - by Component, Vehicle Type and ... According to this report the global automotive windshield washer system market was valued at $7,549.9 million in 2019 and is projected to reach $8,425.3 million by 2027; it is expected to grow at a CAGR of 6.5% from 2019 to 2027.
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ShopRite to close 23 pharmacies across New Jersey Grocery chain ShopRite plans to close 23 pharmacies across New Jersey and 62 in all, just weeks after announcing that 39 of its locations would provide Covid-19 vaccinations, according to Gothamist. The closures will not affect the vaccination program.
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Cici's, best known for its $5 pizza buffet, files for bankruptcy Cici's, a restaurant chain best known for its $5 all-you-can-eat pizza buffet, has filed for bankruptcy. The chain's Chapter 11 bankruptcy filing cited the "unpredictable and unprecedented" scale of the coronavirus pandemic and accompanying restaurant ...
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Dunkin' Unveiled Its 2021 Valentine's Day Menu And It Includes The Pink Velvet Macchiato, Of Course It's made with espresso, red velvet cake flavor, and hints of smooth cream cheese icing for a caffeine boost that feels more like dessert. You can also get Dunkin's Mocha Macchiato made with espresso and deep chocolate flavors.
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Target, Costco dropping Chaokoh coconut milk over allegations of animal abuse Target has joined Costco and other big chains in no longer selling the product. The company that manufactures Chaokoh said it has no use for monkeys.
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Kraft introduces pink candy-flavored macaroni and cheese for Valentine's Day Kraft announced the new twist to their original Mac & Cheese staple, mentioned on their website the pink-colored Mac will have the "same cheesy goodness with a hint of sweet candy." "Sure ...
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Huey Magoo's Expanding in Southeast Each Huey Magoo's tender is always made fresh, all natural, with no antibiotics ever, no hormones, no steroids and no preservatives. Huey Magoo's franchises are now coming to Alabama and new counties in Florida and Georgia, president and CEO Andy ...
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Norfolk Southern eyes longer, heavier trains as it pursues PSR Now that these measures have largely been completed, the company has started to increase train lengths and train weights, which resulted in record fuel efficiency in the fourth quarter, Sanborn said. These measures were taken while deploying a trimmed ...
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Las Vegas Sands Reports 67% Drop in 4Q Revenue By Kimberly Chin. Las Vegas Sands Corp. reported a 67% decline in fourth-quarter revenue in its first report since the death of its billionaire founder, Sheldon Adelson. The casino operator posted revenue of $1.15 billion for the December quarter, down from ...
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5 of Orlando's Most Delicious Hot Chicken Sandwiches What most likely started as a regional craze with Nashville hot chicken sandwiches has turned into a bonafide obsession in Orlando! Trendy spots, from upscale brasseries to roadside stands, all offer a twist on this hot—pun intended—trend. Azcm4871. Here ...
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Coronavirus Pandemic Sets Hotel Industry Back 10 Years, Report Finds While the sector is expected to begin its rebound this year, only 200,000 new jobs are projected over 2020, resulting in a loss of 478,245 hotel employees from pre-pandemic levels. According to the report, ...
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Southwest bans emotional-support animals on flights (KYMA, KECY, CNN)- Southwest Airlines announced that it will let passengers bring trained service dogs in the cabin, but it will no longer accept support animals, starting March 1. Customers who want to bring a dog or cat on board as a pet will have to pay a ...
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The SSC Tuatara beat the world's fastest car record for real this time The Tuatara hit a blistering 279.7 mph (450.1 km/h) on its northbound run at the Johnny Bohmer Proving Grounds at the Kennedy Space Center; and 286.1 mph (460.4 km/h) on its southbound run, with both runs being completed within an hour of each other.
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Fear, Anxiety, Doubt - FUD Crypto at a Glance. Beware FUD! Last week's barrage of mistruth reportedly claimed a major victim in software company NexTech AR Solutions, which sold off all 130 of its Bitcoins (worth roughly $4 million), citing reports of a possible "double spend" on the ...
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Hyundai reveals N Line trim of all-new Tucson The all-new Hyundai Tucson N Line's sporty design includes exterior and interior accents inspired by Hyundai N. Certain powertrain variants also come with optimised ECS parameter settings for a sportier character. The all- ...
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Next round of UK, Australia trade talks set for February: source (Reuters) - The next round of talks for a free trade agreement between Australia and Britain will take place in February after their trade ministers spoke last week, a source familiar with the matter told Reuters. Britain's International Trade Secretary Liz Truss and ...
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Darden Restaurants donates mobile pantry to Second Harvest food bank Dave Krepcho, the president & CEO of Second Harvest, said they can use the truck to deliver 20,000 pounds of fresh food, vegetable and proteins to their partner food pantries. "That's enough food for ...
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