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Amid Shortfalls, Biden Signs Executive Order to Bolster Critical Supply Chains The order is intended to help insulate the economy from future shortages of critical imported components by making the United States less reliant on foreign supplies.
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Beeple Brings Crypto to Christie's Mike Winkelmann never used to call himself an artist. But that was before he made $3.5 million in a single weekend from selling his artworks. In December, he auctioned off multiple editions of three digital artworks, each priced at $969, and 21 unique works, ...
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Nvidia beats earnings expectations, but stock dips as CEO downplays crypto play Nvidia will beat elevated analyst expectations for both earnings and revenue for the fourth quarter of its fiscal year, which ended in December. Sales were up 61% year-over-year. Analysts had been expecting revenue growth over 55% from last year and ...
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JPMorgan pledges $350 million to minority owned businesses NEW YORK (Reuters) - JPMorgan Chase & Co pledged another $350 million on Thursday to help grow Black, Latinx and women-owned businesses, part of a broader effort at the bank to help close the U.S. racial wealth gap. Part of the money, $42.5 million, ...
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Janet Yellen Sounds Like She's Scared Of Bitcoin "I fear it's often for illicit finance," Yellen proceeded to tell CNBC. "It's an extremely inefficient way of conducting transactions, and the amount of energy that's consumed in processing those transactions is staggering.".
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Moderna to begin trial of new COVID vaccine to address virus variant first found in South Africa CAMBRIDGE, Mass. — Moderna, which makes one of the two authorized COVID-19 vaccines, is set to launch a clinical trial of a new vaccine designed to combat a variant of the virus, the company announced Wednesday. The company says it has produced ...
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E-scooters embrace AI to cut down on pedestrian collisions Dublin startup Luna is installing a system of cameras and sensors on Voi e-scooters to improve safety. London (CNN Business) Electric scooter companies ...
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Dow Soars 400 Points After Powell Eases Inflation Concerns, But Big Tech Continues To Struggle The booming technology trade that lifted stocks to new highs during the pandemic continued to unravel Wednesday as Federal Reserve Chair Jerome Powell downplayed inflation concerns that have rattled the market in recent weeks. House Committee On ...
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PPP loan changes helping small minority-owned Chicago businesses: 'I'm glad somebody saw the light' When President Joe Biden announced changes this week to the Paycheck Protection Program designed to provide more equitable relief to smaller and minority-owned businesses, the benefits quickly made a difference for Barbara Wright. A high school ...
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Verizon Leads 5G Airwave Bidding With Record $45 Billion Splurge AT&T is second at $23 billion in bids, followed by T-Mobile · FCC releases results of so-called C-band airwaves sale ...
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DDOT, SMART prepare to resume fare collection after installing COVID-19 safety features Free bus rides in Detroit and its suburbs are ending soon. Beginning March 15, the Detroit Department of Transportation and Suburban Mobility Authority for Regional Transportation plan to resume fare collections, which were suspended almost one year ago ...
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Yes, those southern winter storms will affect Minnesotans' natural gas bills, by hundreds of dollars The winter blast that left southern states, especially Texas, reeling will have an effect on utility bills here in Minnesota — but not for months. Specifically, the vast majority of people who heat their homes with natural gas will see perhaps hundreds of dollars in ...
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New York Mortgage Trust Reports Fourth Quarter and Full Year 2020 Results Completed a securitization of residential loans, resulting in approximately $299.3 million of net proceeds to us. A portion of the net proceeds were utilized to repay approximately $236.0 million on outstanding repurchase agreements related to residential loans.
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CEOs for Goldman, Google, Intel among the 160 executives supporting Biden's $1.9 trillion aid plan "Congress should act swiftly and on a bipartisan basis to authorize a stimulus and relief package along the lines of the Biden-Harris administration's proposed American Rescue Plan," said the chief executives in their missive to top U.S. lawmakers.
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IPhone builder Foxconn is working on an electric car with Fisker Fisker Inc. (SPAQ) went public last year through a SPAC merger with Spartan Energy Acquisition. Founded by car designer Henrik Fisker, the company already has an agreement with Magna, an automotive contract manufacturing company. Magna is expected ...
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Steve Case-backed blank-check company strikes a deal Revolution Acceleration Acquisition Corp.'s deal will the Bedford, Massachusetts tech firm will create a company with a $2.7 billion value when it closes in the second quarter of 2021, according to the announcement.
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ANGI Homeservices makes CEO change, with Oisin Hanrahan taking over "As we continue to build an amazing experience for homeowners and service professionals, we're grateful to have an exceptional product visionary in the organization to step into the role of CEO," ANGI Homeservices Chairman Joey Levin said in a statement ...
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Fed Systems Begin Coming Back Online After Major Service Outages Multiple Federal Reserve payments services that banks use to send and receive trillions of dollars, including the Automated Clearing House system (ACH), experienced hours-long outages on Wednesday afternoon. U.S.-WASHINGTON, D.C.-FEDERAL ...
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Turkish court convicts executive, two jet pilots in Ghosn escape trial ISTANBUL (Reuters) - A Turkish court convicted an executive of Turkish jet company MNG and two pilots for migrant smuggling over their role in flying former Nissan Motor Co Ltd Chairman Carlos Ghosn out of Japan during his escape to Lebanon just over a ...
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Heavy demand forces Florida's newest White Castle to close for a day ORLANDO, Fla. — All that pent-up demand for burger sliders in Florida forced the state's newest restaurant to close up shop for a day. Cravers virtually stormed the White Castle in Orlando on Tuesday, its first day of operations that exceeded the company's ...
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FDA Scientists Endorse Johnson & Johnson Vaccine Scientists at the Food and Drug Administration said Wednesday that the single-shot COVID-19 vaccine developed by Johnson & Johnson is effective and prevents hospitalizations from the disease. Johnson & Johnson also revealed new, encouraging data ...
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Pure Storage Stock Rallies as Results Top Estimates and Guidance Returns For its fiscal fourth quarter ended Feb. 2, Pure (ticker: PSTG) posted revenue of $492 million, up 17% from a year earlier, and ahead of the Wall Street analyst consensus forecast of $480 million. Non-GAAP earnings were 23 cents a share, well above the Street ...
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Metroparks Toledo buys riverwalk land for $1.8 million A large Maumee River shoreline tract along North Summit and Water streets, north of downtown and near Veterans Memorial Skyway, is being purchased for $1.8 million by Metroparks Toledo for its upcoming Glass City Riverwalk. The 5.9-acres are a ...
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Dunkin' embraces 2016 food trends with new avocado toast, cold brew, and matcha offerings The restaurant chain announced Wednesday that the menu item — toasted sourdough bread topped with avocado spread and everything bagel seasoning — will be on its spring menu at all locations nationwide. Fortunately, such a resplendent and indulgent ...
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AAA: Gas prices to spike nationwide as country thaws from crippling winter weather WASHINGTON - Drivers are temporarily in for higher prices at the pump after snow, ice and sub-freezing temperatures brutally crippled parts of the South and Midwest last week, according to AAA. The association said the national average for a gallon of ...
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Emergency Declared For SkyWest Flight Landing At Aspen-Pitkin County Airport After Possible Smoke Reported In Cabin The SkyWest flight was operating for American Airlines from Chicago O'Hare International Airport. There were 53 passengers and crew onboard. The plane landed safely at 11:24 a.m. on Runway 15 and taxied to Gate 6 at the airport terminal.
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Belk files for bankruptcy, eyes lightning-fast exit Approval came over objections from the Department of Justice bankruptcy trustee assigned to Belk's case. The trustee argued that speedy approval would deny multiple stakeholders "sufficient time to evaluate — let alone respond or object to — the Plan." ...
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Industrial 3D-printing firm Markforged to go public in $2.1 billion SPAC deal Markforged will merge with a SPAC called one, led by tech investor Kevin Hartz, the cofounder and chairman of event management company Eventbrite. Hartz was an early backer of PayPal, Uber, and Airbnb.
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Workhorse Passed Over as Oshkosh Wins USPS EV Contract Electric-vehicle maker Workhorse Group Inc. plunged Feb. 23-24 after a key U.S. Postal Service contract that some had expected it to win went to rival Oshkosh Corp. instead. The missed opportunity ...
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SPAC Reinvent Technology Partners surges after merger deal to list Joby Aviation on NYSE The deal includes $910 million of fully committed funding, including an $835 million PIPE, anchored by Uber Technologies, The Baupost Group, BlackRock, Fidelity Management & Research, and Baillie Gifford. The combined company ...
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SEC to revisit climate disclosure rules SEC officials will take a closer look at how public companies discuss approaches to addressing climate change, acting Chairwoman Allison Herren Lee said Wednesday. Ms. Lee directed the Securities and Exchange Commission's corporation finance ...
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7 recipes to make the most of maple season This dish has a balanced unity of flavors and textures — sweet and spicy, tender but hearty. Hearty roasted Brussels sprouts are tossed with bits of savory andouille sausage and sweet dried apricots and then finished with a maple and mustard glaze.
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Overstock Shares Tumble on Upbeat Earnings Report. Here's Why. Overstock (ticker: OSTK) said Wednesday morning that it earned $13 million, or 26 cents a share, up from a 71-cent-per-share loss in the year-ago period. Revenue rose 84.4% to $684 million. Analysts were looking for EPS of 21 cents on revenue of $670 ...
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Tanglewood Mall to welcome, Panda Express, Chipotle, other new businesses ROANOKE, Va. (WSET) — Construction on a number of new businesses at the Tanglewood Mall will begin in March. The property will welcome Panda Express, Jersey Mikes, Aspen Dental, Blaze Pizza and Chipotle in two new buildings located along Electric ...
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The Bruce Company to redevelop its Garden Center The 69-year-old company submitted conceptual documents Tuesday to the Middleton Plan Commission. Officials plan on re-zoning its 16-acre parcel in the 2800 block of Parmenter Street. Company officials said ...
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HEB to donate $1 million to Texas food banks, those in need AUSTIN, Texas - H-E-B has announced that it plans to donate $1 million to 18 food banks across Texas. H-E-B has already delivered 23 truckloads of food as well as nearly $100,000 in Meal Simple meals to food banks. "At H-E-B, our top priority is taking care ...
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A Side of Ranch: Ford adding high-end King Ranch trim to Explorer SUV Taking a page from other machines in Ford's lineup bearing the "King Ranch" badge, customers of this model will find an interior swaddled in mahogany-colored Mesa Del Rio leather and trimmed in Sapele wood appliqués. Cowboy boots and handlebar ...
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Publix COVID Vaccination Registration Slots All Booked For Wednesday STATEWIDE — Publix reopened its online reservation system for COVID-19 vaccinations on Wednesday and Friday for appointments at 273 stores in 20 Florida counties, including Orange, Osceola, Lake, Hillsborough, Manatee, Pasco, Pinellas, Polk, ...
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Doorbell video captures moment good Samaritan returns lost wallet in Florida Doorbell camera videos usually go viral for showing packages being stolen or critters running amok, but front porch footage from Florida last week was widely shared for capturing the heartwarming moment a good Samaritan returned a lost wallet.
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Graphics-Chip Maker Nvidia Tops Fourth-Quarter Goals, Guides Higher Graphics-chip maker Nvidia (NVDA) late Wednesday beat Wall Street's targets for its fiscal fourth quarter on record gaming and data center sales. It also guided higher for the current period. The news pushed Nvidia stock higher in extended trading. The Santa ...
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Amazon's push for a $15 minimum wage is a new weapon in the company's battle against Walmart Carney writes in the post that Amazon saw applications for hourly positions more than double when it raised its starting wage and that there was an immediate positive impact on worker morale and retention. "We were thrilled ...
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Parkview Mirro Center celebrates 50000 COVID-19 vaccine shots Parkview has been operating the vaccine clinic since December 2020. On Dec. 14, 2020, six northeast Indiana front-line healthcare workers were the first in the state to get their shot. Parkview ...
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What do we know about the Plastic Packaging Tax? With just more than a year to go until the introduction of the government's Plastic Packaging Tax, Martin Hyde, policy leader at environmental consultancy Comply Direct, looks at what we do and don't know.
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Coronavirus vaccine sign-up gets upgrade, Travis County to set up mass vaccinations at COTA Dolores Kuykendall was prepping her new converted Sprinter van for a solo trip across the nation last February when the coronavirus wrecked her travel plans. The 80-year-old found herself confined to her studio apartment in South Austin instead of riding on ...
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Catered events in age of coronavirus: Here are the new state guidelines 2. The catering hall can allow guests who have been vaccinated to enter without a COVID-19 test. "Attendees may provide proof of having completed the COVID-19 vaccination series at least 14 days prior to the date of the event.
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