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Bitcoin Heads for Worst Weekly Slide in a Year Amid Selloff The largest cryptocurrency slumped as much as 21% this week, the most since March. The wider Bloomberg Galaxy Crypto Index, tracking Bitcoin, Ether and three other cryptocurrencies, is down 23% this week.
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India's economy exits from recession, recovery seen gathering pace NEW DELHI (Reuters) - India's economy returned to growth in the three months to December and the recovery is expected to gather pace as consumers and investors shake off the effects of the coronavirus pandemic, economists said. FILE PHOTO: ...
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The Biden Economy Risks a Speeding Ticket The administration's proposed $1.9 trillion stimulus package may be too much for safety, an economist says.
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Lilly scores $210M supply deal for newly authorized coronavirus antibody cocktail As U.S. officials look to ramp up COVID-19 vaccinations heading into March, they're not overlooking another pandemic-fighting tool. Eli Lilly on Friday scored a government supply deal for its newly authorized antibody cocktail, which dramatically reduced ...
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MyHeritage now lets you animate old family photos using deepfakery AI-enabled synthetic media is being used as a tool for manipulating real emotions and capturing user data by genealogy service, MyHeritage, which has just launched a new feature — called 'deep nostalgia' — that lets users upload a photo of a person (or ...
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Beyond Meat Earnings: "Groundhog Day" on a Quarterly Cycle Indeed, the leader in plant-based meat substitutes reported Q4 results that were a close replay of its Q3 results: anemic year-over-year revenue growth, with both the top and bottom lines falling short of Wall Street's consensus estimates.
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Barclays found guilty of "serious deceit" in 2008 fundraising, Staveley denied damages LONDON (Reuters) - A London High Court judge has found Barclays guilty of "serious deceit" over how it negotiated a financial lifeline with Amanda Staveley during the credit crisis in 2008, but on Friday denied the British businesswoman damages.
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US utility Evergy adds directors in new agreement with activist firm Elliott The announcement commits Evergy to maintain focus on its Sustainability Transformation Plan (STP) announced in August, with Elliott agreeing to support management until the 2022 annual shareholder meeting, according to a statement from Evergy.
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Bond Sale Rescued by India Dealers as Rout Sweeps Across Globe 10-year bonds poised for biggest monthly drop since April 2018 · Primary dealers saved auction multiple times in recent months ...
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Today's Mortgage Refinance Rates -- Feb. 26, 2021: Rates Continue to Rise The average 20-year refinance rate today is 2.926%, up 0.033% from yesterday. At today's rate, you'll pay principal and interest of $551.00 for every $100,000 you borrow. Though your monthly ...
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Brandwatch is acquired by Cision for $450M, creating a PR, marketing and social listening giant Cision has a media contact database of approximately 1 million journalists and media outlets and claims to have over 75,000 customers. Brandwatch applies AI and machine learning the practice known as 'social listening'. Along the ...
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Do people with allergies need to worry about reactions to COVID-19 vaccines? This week's FAQ Friday delves into what is known about the safety of the vaccines currently being used in the U.S. and what people who have had allergic reactions to other vaccines should know. How safe are the ...
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In the News: Biden Sets New PPP Loan Rules for Small Businesses Earlier this week, President Joe Biden put in place new rules for the Paycheck Protection Program that gives exclusive access to these PPP loans to the smallest of small businesses in America. Starting on Wednesday, companies with less than 20 employees, ...
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Foot Locker Tumbles After Surprise Drop in Same-Store Sales Foot Locker Inc. shares fell as much as 12% in premarket trading after the athletic-goods retailer missed analysts' expectations for same-store sales and overall revenue. Comparable-store sales declined 2.7% in the fourth quarter ended Jan. 30, Foot Locker ...
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US pizza sales, booming in pandemic, start to slow for Domino's and others After a pandemic-fueled boom, U.S. pizza sales appear to be headed back to earth. Domino's and Papa John's pizza chains both said Thursday that their same-store sales lost steam in the fourth quarter compared to the huge increases they saw earlier in ...
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Etsy Stock Is Surging. Earnings Show the Marketplace Is About More Than Just Masks. Etsy (ticker: ETSY) said it earned $148.5 million, or $1.08 cents a share, compared with a quarter a share in the year-ago period. Revenue soared 128.7% to $617.4 million. Analysts were looking for EPS of 59 cents on revenue of $515.6 million.
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Boost to household income primes US economy for stronger growth The Commerce Department is set to report Friday on how much Americans earned and spent in January -- key indicators of the economy's health. Economists predict that consumer spending grew solidly last month while income soared, the latter by as much as ...
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A Guide to Property Taxes in 2021: States With the Highest (and Lowest) Rates But that can vary widely. And just in case you thought the country wasn't polarized enough already, political leanings can often be an indicator of state tax rates: "Blue states" (defined by WalletHub as how they voted in the 2020 presidential election) generally ...
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AZN And Amgen's Tezepelumab Reduces Exacerbations In Patients With Severe, Uncontrolled Asthma (RTTNews) - AstraZeneca (AZN.L, AZN) and Amgen's (AMGN) tezepelumab demonstrated a statistically significant and clinically meaningful reduction in the annualized asthma exacerbation rate in severe, uncontrolled asthma patients, as per the pivotal ...
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One Medical CEO refutes claims that clinics gave COVID-19 vaccines to ineligible clients One Medical continues to distribute COVID-19 vaccine doses in partnership with local health departments, which could become a material factor in the company's 2021 revenue. But the San Francisco-based ...
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Twitter Lets Users Monetize Tweets With 'Super Follow' With the event being geared toward investors, Twitter capped off the day by revealing its top three long-term goals. Here's a look at the key highlights from Twitter's Analyst Day. Super Follow – ...
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Slots Quickly Filled Friday for Publix Locations Offering Vaccines at Miami-Dade, Broward Publix will begin administering the COVID-19 vaccine at 136 pharmacies in Miami-Dade and Broward counties. Published 48 mins ago • Updated 46 mins ago. Pause. 0:21. All Slots Filled for Vaccine Appointments at Publix Locations in South Florida. Replay.
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Caesars CEO: No properties in Las Vegas are for sale LAS VEGAS (KSNV) — Caesars Entertainment's chief executive shot down rumors of any potential Las Vegas property sales during an earnings call Thursday. Speaking with investors, Caesars CEO Tom Reeg said that while the company expected to sell ...
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Jackson man in 'complete shock' after winning $1 million Powerball prize Anthony Treciak of Jackson isn't normally a Powerball player, but a large jackpot inspired him to buy a ticket — and it ended up winning him a huge prize, according to the Michigan Lottery. Treciak, 54, purchased a ticket for the Jan. 13 drawing that matched ...
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Velodyne names new board member, gives longer term to another director amid dispute with founder The San Jose company named Hamid Zarringhalam, a corporate vice president at Nikon Corp., as a new director. Nikon has been a key investor in Velodyne since 2018 and is one of its manufacturing partners.
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More COVID-19 test sites planned for next week Coronavirus tests will be available in Lycoming and Susquehanna Counties beginning March 1. Credit: WNEP.
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Girl Scouts extend cookie sales For cookie lovers, Girls Scout Cookie season is a precious time. But this year, that special season will last a little bit longer throughout the state because the Girl Scouts of Colorado extended sales through March 21, the organization announced Friday.
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AT&T is turning DirecTV into a standalone company AT&T just announced an agreement with private equity firm TPG that will turn DirecTV into a standalone company, albeit one that's still majority owned by the telecom giant. Specifically, AT&T says it will own 70% of the new company, while TPG owns 30%.
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Airbnb reports $3.89 billion loss in first quarterly report since IPO but beats revenue expectations Revenue: $859 million vs. $748 million forecast by Refinitiv; Loss per share: $11.24. CNBC does not compare reported earnings to Wall Street estimates for a company's first report as a public company ...
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Icahn Enterprises: 4Q Earnings Snapshot SUNNY ISLES, Fla. (AP) _ Icahn Enterprises L.P. (IEP) on Friday reported fourth-quarter net income of $146 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Sunny Isles, Florida-based company said it had profit of 61 ...
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Norwegian Air Shuttle losses climb on impairments Norwegian Air Shuttle ASA said Friday that it plans to publish a detailed plan supporting the future of the company next week, as losses mounted in the fourth quarter amid hefty impairments. During the quarter, the low-cost carrier filed for protection from ...
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Advance historic page from May 19, 1943: Dancing at Flagship STATEN ISLAND, N.Y. -- Today's archive page is from May 19, 1943. Flagship, located in Dongan Hills, advertises dancing seven nights a week. Eddy Bischoff's Sweet Swing Trio is featured at the ...
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TIAA Appoints Bank Executive as New CEO TIAA, a provider of retirement solutions for many academics, on Thursday announced the hiring of Thasunda Brown Duckett as president and CEO. Brown, who will succeed Roger Ferguson Jr. as TIAA's top official, is CEO of Chase Consumer Banking, part of ...
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Hyundai bought chips when rivals did not; its assembly lines are still rolling The logo of Hyundai Motors is seen on a steering wheel on display at the company's headquarters in Seoul, South Korea on Mar 22, 2019. (Photo: Reuters/Kim Hong-ji). 26 Feb 2021 01:05PM (Updated: 26 Feb 2021 02:36PM ) ...
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Microsoft failed to shore up defenses that could have limited SolarWinds hack -US senator Wyden, who has faulted tech companies on security and privacy issues as a member of the Senate Intelligence Committee,blasted Microsoft for not doing more to prevent forged identities or warn customers about it.
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Huawei, reeling from US sanctions, plans foray into electric vehicles: Sources HONG KONG (REUTERS) - China's Huawei plans to make electric vehicles (EVs) under its own brand and could launch some models this year, four sources said, as the world's largest telecommunications equipment maker, battered by US sanctions, ...
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Tesla Model 3 2021 review: Long Range urban test Like technology trailblazers which came before it (and which it so clearly seeks to emulate) like Apple with the smartphone as we know it today, or Dyson with its stick vacuum, Tesla is the poster company for vehicle electrification. It's undeniable the effect the ...
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Bitcoin may replace bonds, Cathie Wood says 'Fixed income has done 40 years of really hard work…If Bitcoin represents a new asset class, why not invest in it?' Cathie Wood. Courtesy ARK Invest. Email icon; Facebook icon; Twitter icon; Linkedin icon; Flipboard icon. Print icon; Resize icon. Referenced ...
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Rupee today suffers biggest fall in 11 months against the US dollar Indian rupee and stocks plunged today along with markets across Asia amid global selloff in risk assets sparked by the surging US yields. The rupee tanked by 104 paise to 73.47 against the US dollar, its biggest drop since March, according to Bloomberg.
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Hawaii visitor arrivals were down 80% in January Visitor arrivals to Hawaii were down 80% year over year for the month of January, according to data released Thursday by Hawaii Tourism Authority. HTA reported in its monthly visitor statistics data that fewer than 172,000 visitors arrived in Hawaii during ...
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Gold set for second monthly decline Bengaluru — Gold inched higher after hitting a one-week low on Friday, but headed for a second straight weekly and monthly decline as brighter economic outlook and inflation fears propped up US Treasury yields. Spot gold was up 0.2% to $1,773.06/oz at ...
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NYC's Peter Luger fills empty seats with wax figurines of celebrities Peter Luger's newest guests are waxing poetic about the steaks. With restaurant capacity in NYC set to increase to 35 percent capacity beginning today, the iconic Brooklyn steakhouse has devised a creative way to give ...
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Merck & Co. pays 134% premium in $1.85B purchase of Pandion Therapeutics Pandion's treatment pipeline is still in early clinical stages, with its most advanced drug PT101 — in a class of therapies called IL-2 muteins — in the first of three stages of human testing for autoimmune diseases ulcerative colitis and systemic lupus ...
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Lollapalooza's Live Nation CEO says US music festivals could reopen by 'mid-summer' Shortly afterward, Live Nation put up 100,000 tickets for the Reading & Leeds festival, scheduled for August 27 and 29 -- all of which sold out by late in the week, according to Music Business Worldwide.
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