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Coinbase Reveals Profit in Direct Listing Filing on Bitcoin Boom Cryptocurrency exchange filed for Nasdaq listing Thursday · Majority of revenue comes from Bitcoin, Ethereum transactions ...
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Positive news on COVID vaccines weighs against concerns over new variants The COVID-19 vaccine developed by Pfizer Inc. and German partner BioNTech SE has proved to be as effective in the real world as it was in clinical trials in the first major study of the two-dose regiment involving 1.2 million people in Israel. The data was ...
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ETF Wrap: A risky Tesla three-way and a family affair Markets in multiple asset classes seized up, case counts and deaths began to rocket higher, and millions of frightened Americans suddenly found themselves hunkered down at home, unemployed, or grieving. Now we're ...
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Oil prices pull back after 3-day climb on talk of OPEC+ output increase Oil futures headed lower Thursday, with speculation that major oil producers next week will discuss a potential increase in production levels prompting prices to ease back, after three straight days of gains lifted prices to fresh 13-month highs. The Organization ...
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Buffett's Letter to Break Months of Silence Amid Tumult in US While 2020 raged, Warren Buffett mostly held his tongue. He stayed quiet through a heated presidential election, a racial reckoning that sparked nationwide protests and an exuberance for stocks that's gripped millions of Americans. Not to mention a global ...
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Landlords Eager for Covid-Era Revamps Are Finding Hungry Investors The growing attraction of short-term real estate loans during the pandemic is making it easier to borrow to refurbish properties.
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Will Inflation Eat Your Bonds Alive? As I'll explain, the rise is a tip-off that investors are betting on economic recovery and prepping for the so-called "reflation trade." This could affect both the bond and stock side of your portfolio. So, we'll split this discussion into two parts.
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CANADA STOCKS-TSX falls as energy, materials stocks drag Feb 25 (Reuters) - Canada's main stock index fell on Thursday, as weakness in energy and materials stocks outweighed upbeat earnings by a slew of companies including Toronto-Dominion Bank, Canadian Imperial Bank of Commerce and Maple Leaf Foods.
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Current National Mortgage Rates, February 25th, 2021 – Rates climb Several benchmark mortgage rates moved higher today. Rates remain near historic lows, with the average 30-year rate 0.99 percentage points below the 2019 annual average rate. See below for an interactive rates chart, and a breakdown of today's rates.
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Southwest Airlines adds two beach and mountain destinations Southwest Airlines added two new dots to its route map Tuesday in Florida and Montana, states increasingly popular during pandemic times. Dallas-based Southwest Airlines will start flying to Destin-Fort Walton Beach Airport in the Florida Panhandle on May ...
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Costco raises its minimum wage above its competitors New York (CNN Business) Costco will raise its starting rate for hourly store workers in the United States to $16 an hour, putting its starting wage above rivals such as Amazon, Target and Best Buy. Costco has around 180,000 US employees, and 90% of them ...
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That's Asda Slice: Major Restructure At Supermarket Chain Could Equate To Thousands Of Job Cuts Mohsin and Zuber Issa, founders of convenience and fuel retailer EG Group who acquired a majority ownership stake in supermarket chain—Asda, have announced the chain will undergo a £1billion transformation. Often referred to as the "Issa brothers" the ...
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Best Buy just laid off 5000 workers and will close more stores New York (CNN Business) Best Buy said Thursday that it laid off 5,000 workers this month and is planning to close more stores this year as more consumers buy electronics online. The news comes at a time when big chains face growing competition from ...
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Merck to buy autoimmune drugmaker for $2B Merck & Co. has agreed to acquire Pandion Therapeutics, a Watertown, Massachusetts-based biotech developing drugs for autoimmune diseases, for $1.85 billion in cash. The deal values Pandion shares at $60 apiece, which is more than double their ...
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Qualcomm sued over alleged anti-competitive behavior in the UK Consumer champion Which? claims that Qualcomm's dominance has enabled it to charge smartphone makers like Apple and Samsung inflated fees, which are then passed on to consumers. Which? is urging Qualcomm to settle the claim out of court and offer ...
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UPDATE 1-Talks continue on future of Vauxhall plant, awaiting UK government LONDON, Feb 25 (Reuters) - Talks will continue between Britain and the parent company of the Vauxhall car factory over its future as the automaker awaits a binding commitment of government support before it makes a major post-Brexit investment decision.
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GameStop stock surges again weeks after high-profile rally The r/wallstreetbets forum exploded with memes and posts touting GameStop stock once again Wednesday afternoon and Thursday morning. PHOTO: Pedestrians pass a ...
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Regeneron to share new data about COVID-19 antibody cocktail in March The committee said the treatment, REGEN-COV, which received emergency authorization in November, reduced hospitalizations and deaths at two dose levels, and it would continue to enroll non-hospitalized COVID-19 patients who will receive either dose of ...
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SeaWorld Entertainment, Inc. Reports Fourth Quarter and Fiscal 2020 Results Adjusted EBITDA was a loss of $73.2 million, a decline of $530.1 million from fiscal 2019. Admission per capita increased 12.9% to $40.07 while in-park per capita spending ...
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Major closures in place on the Kennedy this weekend CHICAGO — After having to reschedule multiple times due to weather, construction crews now plan to close lanes on the outbound Kennedy (WB I-90/94) this weekend for work on the Montrose Bridge. Drivers should prepare for major delays. This weekend ...
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Dunkin' introduces avocado toast to its menu The new menu item is one of the Massachusetts-based chain's latest "on-the-go" items. The portable breakfast snack, which includes an avocado spread, sea salt, black pepper and lemon juice on toasted sourdough bread, comes at a price tag of $2.99 (before ...
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PepsiCo launches Neon Zebra cocktail mixers, in 4 flavors The mixers come in 7.5 ounce cans and can make two cocktails, with a six pack costing between $6.99 to $7.99.. The flavors are Margarita Mix, Strawberry Daiquiri Mix, Mojito Mix and Whiskey Sour Mix.
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New York launches ID verification tool for unemployment fraud ALBANY, N.Y. (NEWS10) — Gov. Andrew Cuomo announced on Thursday a new tool to verify identification to fight identity theft-based unemployment fraud. The Department of Labor (DOL) says using ID.me will also speed-up claims processing to give out ...
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More Cheese Recalled: CT Adds Another Brand To Contaminated List CONNECTICUT —Health officials have added a second brand to its contaminated cheese warning. The state Department of Public Health is advising consumers, restaurants, and retailers not to eat, serve or sell any soft cheeses produced by El Abuelito ...
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Folgers parent JM Smucker tops earnings estimates and raises guidance Chief Executive Mark Smucker said sales were boosted by the continued elevated at-home dining trend, during the coronavirus pandemic. "During the quarter, we completed two divestitures, supporting our priority to further focus our portfolio and resources ...
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Wayfair swings to profit but revenue falls short Wayfair reported net income of $23.8 million, or 23 cents per share, after a loss of $330.2 million, or $3.54 last year. Adjusted EPS of $1.24 beat the FactSet consensus for 86 cents. Revenue of $3.67 billion was up from $2.53 billion last year, but below the ...
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SF's Moscone Center Vaccination Hub Set to Reopen as Supply Rises A mass vaccination hub at Moscone Center in San Francisco was set to reopen Thursday morning as COVID-19 vaccine supplies rise, and FDA approval of Johnson & Johnson's new single-dose vaccine, expected Friday, should bolster supplies at all Bay ...
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Syracuse gets 1 of 12 popup Covid vaccine clinics in NY this week Syracuse, N.Y. — A Boys & Girls Club in Syracuse is among the locations in New York that will host a pop-up Covid vaccine clinic this week. The Syracuse clinic will take place from 9 a.m. to 5 p.m. Thursday Feb. 26 at the Boys & Girls Club at 2100 E. Fayette ...
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Poultry producers still paying for price fixing ALTOONA, Wis. (WEAU) - Some major poultry producers in this country are still writing some big checks after pleading guilty to an ongoing price fixing scheme that reportedly began as far back as 2008. The latest is Pilgrim's Pride which just paid almost $108 ...
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DES launches rental assistance program for Arizona's rural counties PHOENIX (3 On Your Side) – Just 94 renters and landlords have applied for help through Arizona's new Emergency Rental Assistance Program. The Department of Economic Security (DES) began accepting applications for the $289 million program on ...
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Best Buy cut 5000 jobs even as sales soared during pandemic Best Buy said Thursday that it laid off 5,000 full-time store workers earlier this month, even as the company's sales soared during the pandemic as homebound people bought laptops, TVs and other gadgets. By JOSEPH PISANI - AP Retail Writer; Feb 25, 2021 ...
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When a woman lost her wallet in a store, a good Samaritan drove to her home to return it "It was a Saturday the lines were long and people were looking impatient," Crosby told CNN. "So, I'm like, what am I going to do?" Fortunately, she ...
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Blue Bell releases new ice cream flavor, and it's loaded with chocolate TEXAS, USA — Chocolate lovers – this one is for you. Texas staple Blue Bell has dropped a new ice cream flavor, set to hit stores Thursday. It's called Cookies 'n Cream Cone. Hence the name, you'll find dark chocolate, fudge sauce coated chocolate cone ...
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DoorDash earnings preview: Sales likely soared with ongoing in-person dining restrictions DoorDash's results are slated to come out Thursday after market close. Here were the main metrics expected in the report, compared to consensus estimates compiled by Bloomberg: Revenue: $926.71 million expected and $298 ...
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Lufthansa to launch new Frankfurt service from Cork airport Lufthansa is set to start a twice-weekly Cork-Frankfurt service for Summer 2021, connecting the two cities for the first time in eighteen years. Lufthansa, operated by Lufthansa CityLine, will operate a Bombardier CRJ-900 aircraft with 75 seats on board.
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Texas natural gas production fell by almost half during recent cold snap During the cold snap that affected much of the central part of the country, U.S. dry natural gas production fell to as low as 69.7 billion cubic feet per day (Bcf/d) on February 17, a decline of 21%, or down nearly 18.9 Bcf/d from the week ending February 13.
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Heinz's Website Now Rewards Fans, But Only if They Wait 57 Minutes The world's slowest ketchup launches the slowest website. But don't worry, there's a reward for waiting. TORONTO, Feb. 25, 2021 /CNW/ - Patience is a virtue and Heinz, the world's most iconic and slowest ketchup, is testing people's patience by launching ...
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Petrobras political struggle knocks customer and investor confidence Brazilian president Jair Bolsonaro has pressured the company to appoint a new CEO. Credit: Alan Santos/PR under CC BY 2.0 license. Share Article.
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Next Tesla! This 1 Top Canadian EV Stock Just Got Irresistible As the demand for electric vehicles (EVs) continues to surge around the world, shares in Tesla continue to climb. The stock is up over 300% in the last year and over 2,000% in the last five years alone. With the demand continuing for the foreseeable future, ...
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Papa John's shares fall after earnings miss expectations Net income totaled $9.3 million, or 28 cents per share, after a loss of $5.6 million, or 18 cents per share, last year. Adjusted EPS of 40 cents missed the FactSet consensus for 48 cents. Revenue totaled $469.8 million, up from $417.5 million and ahead of the ...
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NetApp: Fiscal 3Q Earnings Snapshot SUNNYVALE, Calif. (AP) _ NetApp Inc. (NTAP) on Wednesday reported fiscal third-quarter profit of $182 million. On a per-share basis, the Sunnyvale, California-based company said it had profit of 80 cents. Earnings, adjusted for stock option expense and ...
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SpaceX Scheduled to Launch Falcon 9 Rocket From Cape Canaveral on Sunday, Feb. 28 The launch will be the 20th batch of approximately 60 satellites for SpaceX's Starlink broadband network. The mission is designated as Starlink V1.0-L17. Following first stage separation, SpaceX will attempt to ...
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TJ Maxx is coming to Schuylkill County "We are pleased to announce that T.J. Maxx has signed a lease to come to the Fairlane Village Mall," Rocco Arruzzo, Pennsylvania regional manager for Lexington Realty International, the managing company for the mall, said Tuesday. The store sells ...
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Keep politics out of energy It looked like it was going to be a mild winter until the country was treated this month to a frigid blast that sent windchill temperatures in Powell down to 30 below zero. The cold stretched south all the way to Texas. Unlike us Wyomingites, the fine folks down in ...
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