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How Larry Summers went from Obama's top economic adviser to one of Biden's loudest critics Summers, 66, who drafted economic blueprints for the past two Democratic presidents and was a top candidate to lead the Federal Reserve Board under President Barack Obama, has emerged in recent weeks as the loudest critic of President Biden's approach ...
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What You Should Know About Achieving Financial Independence And Early Retirement Have you ever thought about retiring early…extremely early? We've been seeing an increasing amount of interest in the concept of FIRE, which stands for financial independence, retire early. The FIRE movement is largely one of younger people planning to ...
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The Next Wave of NFTs will be Dynamic Over the past couple of months, Non-Fungible Tokens, also known as NFTs, have burst into the public consciousness, expanding and even challenging our collective understanding of digital scarcity and ownership. Even before Beeple's now-famous $69M ...
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Gemini Therapeutics Reports Full Year 2020 Financial Results and Provides Business Update Significantly advanced GEM103 clinical development; completed Phase 2a "ReGAtta" study enrollment; initiated Phase 2a study of GEM103 as a possible add-on for patients with wet AMD at risk for macular atrophy. March 29, 2021 04:30 PM Eastern Daylight ...
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Supreme Court considers whether shareholders can sue Goldman Sachs over generic statements The case, which dates back to the bank's marketing of risky securities ahead of the 2008 financial crisis, could make it more difficult for stock owners to bring class-action securities fraud suits in the future.
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Visa says it's 'open for business for crypto partners' with new settlement move Visa Inc. plans to allow for the settlement of transactions in USD Coin, a stablecoin backed by the U.S. dollar, in what the company says is a move intended to make the platform more accessible to cryptocurrency platforms and wallets.
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Fed's Waller says the central bank isn't keeping rates low to finance government debt Government debt has jumped nearly 20% during the Covid-19 pandemic, and the deficit for this fiscal year is on track to easily exceed $2 trillion.
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Bitcoin Still A Long Way From Being Money Cryptocurrencies hit the big time in January, but doesn't mean they are money. Not yet anyway. In January the cryptocurrency market hit a major milestone. The market value exceeded $1 trillion in value, with Bitcoin accounting for more than two-thirds of that ...
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Canada to Recommend Halt in Use of AstraZeneca Covid-19 Vaccine in People Under 55 OTTAWA—A Canadian panel of scientists will recommend Monday a halt on administering the AstraZeneca PLC Covid-19 vaccine to people under the age of 55 in light of new research from Europe on potentially serious side effects for younger women, ...
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Ex-SEC Chairman Clayton to Advise Brevan-Backed Firm on Crypto One River Asset Management, a $2.5 billion firm whose cryptocurrency funds are backed by hedge fund titan Alan Howard, brought on former Securities and Exchange Commission Chairman Jay Clayton as an adviser, lending credibility to an emerging asset ...
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Top-Performing ETF Areas of Last Week Rise in global COVID-19 cases also wreaked havoc on the investing world. The third wave of coronavirus has hit Europe hard with extension of lockdown measures in several countries. India has also been reporting rising virus cases despite vaccinations (read: ...
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GlaxoSmithKline, Novavax team up on COVID vaccine production in UK, helping reduce dependence on AZ shot Now, the U.K. is getting help from its other pharmaceutical giant, GlaxoSmithKline, which has agreed to help produce 60 million doses of the Novavax COVID-19 vaccine from a fill-finish site in Barnard Castle.
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Disney+ and ESPN+ are coming to Comcast Xfinity set-top boxes You can use the Xfinity Voice Remote to open the apps or play something from them with vocal commands. Content from both apps will be accessible elsewhere on X1 and Flex, including through the TV, movies and sports collections.
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FL Governor Threatens To Sue CDC Over Closed Cruise Ship Ports PORT CANAVERAL, FL — The nation's cruise capital is lashing out at the federal government for its coronavirus restrictions that prevent cruise ships from using U.S. ports. Speaking at Port Canaveral Friday, Florida Gov. Ron DeSantis threatened to file a ...
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Another investor joins Trib acquisition effort: WSJ Mason Slaine, a minority shareholder in Tribune Publishing, tells the Wall Street Journal he's willing to add $100 million to hotel magnate Stewart Bainum's bid for the Chicago newspaper parent. · Joe Cahill · MORE · Today's Crain's: Free Chicago business news ...
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Bed Bath & Beyond poaches Wayfair, Walmart execs to help it grow online Bed Bath & Beyond announced two key hires for its $3 billion e-commerce business. Jill Pavlovich, previously head of exclusive brands and merchandising for the online furniture retailer Wayfair, has been named senior vice president of digital commerce at ...
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Volkswagen accidentally posts new company name to website ahead of rebranding Volkswagen on Monday appeared to accidentally announce a rebranding with the new name "Voltswagen," before quickly removing the press release from its website. On Monday morning, the German automaker posted a statement on its website ...
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Rout in China Tech Shares Is a Buying Opportunity for Some The massive selloff in U.S.-listed shares of Chinese technology companies isn't linked to their fundamentals and makes for a bigger buying opportunity, according to Citigroup Inc. The brokerage reiterated buy ratings on Baidu Inc., Tencent Music ...
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Digital papers, please? New York becomes first state to roll out IBM's digital COVID-19 vaccine passport Users link their vaccination records or negative PCR or antigen test results to the Excelsior Pass app, which then displays a QR code that can be scanned by businesses and event venues. Individuals can also choose to print out the QR code for verification.
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DOJ to investigate UnitedHealth's $13B Change buy Dive Brief: The U.S. Department of Justice is embarking on a deeper review of UnitedHealth Group's $13 billion acquisition of data analytics company Change Healthcare following entreaties from powerful hospital lobby the American Hospital Association over ...
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Detroit opens COVID-19 vaccine eligibility to all residents 16 and older, adds Johnson & Johnson site Mayor Mike Duggan announced the widening of availability Monday afternoon, citing rising COVID-19 cases, especially among younger people. The news continues Detroit's trend of opening eligibility more quickly than the state of Michigan.
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After 500% Bitcoin Boom, Data Reveals Why April Could Be Even Bigger For The Bitcoin Price "As with any month, the potential price prospects of bitcoin can be split into a number of different thought processes," says Danny Scott, the chief executive of the Isle of Man-based bitcoin and cryptocurrency exchange CoinCorner, speaking via Twitter DM.
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It's time to get 'aggressive' on these stocks, Wells Fargo says One group of stocks that was produced pandemic-era winners could be primed for another surge, according to Wells Fargo. Hardline retail — auto parts and home improvement, in particular — saw their sales hold up or even increase during the pandemic, but ...
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'Staten Island Hustle' reality star gets four years in prison on cocaine and money laundering charges While the show was airing in 2018, LaCola — an ex-music industry executive who once worked with the Wu Tang Clan — was bringing cocaine into the U.S. from Mexico and laundering the proceeds, according to federal prosecutors.
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Pet food producer to build $390M factory, create hundreds of new jobs in Dayton area Royal Canin U.S.A. Inc., a Mars Petcare brand that is a subsidiary of multinational manufacturer Mars Inc., will invest $390 million to construct a new dry pet food manufacturing factory in the village of Lewisburg, which is located in Harrison Township in Preble ...
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Pebble Beach Co. names David Stivers as president, CEO PEBBLE BEACH — Bill Perocchi will retire as CEO of Pebble Beach Co. and David Stivers will succeed him as CEO effective July 1 while Perocchi continues as co-chairman of the board of directors along with Brian Ferris and Heidi Ueberroth, the company ...
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Loretto Hospital Investigating Home Vaccinations By Partner In COVID-19 Clinical Trial In response to questions about the incident from WBEZ, a spokeswoman for the embattled hospital in the West Side Austin neighborhood confirmed that the vaccinations involved Ali Ahmed, the president of Oak Brook-based Affinity Health.
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Electric-vehicle startup Canoo's Q4 losses narrow Capital expenditures rose to $6.3 million, compared with $3.9 million a year ago. There were no analyst estimates on per-share loss available on FactSet for Canoo. The stock ended the regular trading day down 5.3%. Canoo went public in December after a ...
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Meijer pharmacies now providing COVID-19 vaccine at all stores GRAND RAPIDS, Mich. – In an effort to increase access to the COVID-19 vaccine, Midwest retailer Meijer has now been identified by the Federal Retail Pharmacy Program as a partner to directly receive and administer doses of the vaccine in all the Midwest ...
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UK car seller Cazoo to join NYSE through Och-backed SPAC (Reuters) -British online car seller Cazoo Holdings Limited has agreed to go public in New York through a merger with AJAX I Acquisition Corp, a blank-check acquisition company led by billionaire U.S. investor Dan Och, it said on Monday. FILE PHOTO: ...
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Oregon reports no new COVID-19 deaths, 217 new cases PORTLAND, Ore. (KTVZ) -- There are no new COVID-19 related deaths in Oregon, keeping the state's death toll at 2,375, the Oregon Health Authority reported Monday. OHA also reported 217 new confirmed and presumptive cases of COVID-19 as of 12:01 ...
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Chicago Expands Vaccine Eligibility, Opens Site Exclusively For Essential Unionized Workers Chicago is opening a new vaccination site exclusively for current and former union workers considered essential and eligible for the inoculation under the city's expanded 1C rollout, which began Monday. That eligibility group includes all essential workers ...
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Gas prices in Idaho climb a nickel at the pump, top $3 per gallon The Gem State now ranks 10th in the country for most expensive fuel. But AAA says there may be some good news on the horizon for drivers.
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Study: Pfizer, Moderna COVID-19 vaccines highly effective after first shot in real-world use The study by the U.S. Centers for Disease Control and Prevention (CDC) evaluated the vaccines' ability to protect against infection, including infections that did not cause symptoms. Previous clinical trials by the companies evaluated their vaccine's efficacy in ...
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Salvation Army of Shamokin is moving SHAMOKIN, Pa. — Dozens of people lined up outside the Salvation Army of Shamokin for its first Easter food distribution. More than 300 families received ham dinners. The food distribution is just one way the Salvation Army of Shamokin helps people in ...
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Kroger commits $1M to fund for victims, survivors of warehouse shooting WAUKESHA, Wis. - Roundy's Supermarkets, Inc., announced on Monday, March 29 a donation of $1 million from The Kroger Co. Foundation to seed the Roundy's Oconomowoc Distribution Center Victims and Survivor's Fund. That fund will support the needs ...
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Sectigo Secure Partner Program Honored With Five-Star Rating in the 2021 CRN Partner Program Guide The annual guide provides a conclusive list of the most distinguished partner programs from leading technology companies that provide products and services through the IT Channel. The Five-Star rating is awarded to an exclusive group of companies ...
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More than 1.7 million barrels of Molson Coors beer could be impacted by cybersecurity incident, Texas storms In February, Molson Coors' Fort Worth, Texas brewery was forced to closed for 11 days because of winter storms that hampered the state's energy grid. Then on March 11, Molson Coors was hit with a cybersecurity incident that impacted operations, including ...
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Carlyle Aviation to acquire Fly Leasing in deal with enterprise value of about $2.36 billion The deal is expected to close in the third quarter. "This transaction represents strong value for FLY shareholders at a time when airlines are facing an extremely difficult environment and smaller aircraft lessors are disadvantaged in the debt markets," said Fly ...
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US stocks slump as Nomura, Credit Suisse warn of big losses after Archegos share dump A phone message left for Archegos at its New York offices on Monday morning was not immediately returned. The warnings on big losses triggered a sell-off in banking stocks around the globe on Monday, with Morgan Stanley falling nearly 4% and Goldman ...
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Knox Co. to pay $30k for review of procedures after vaccine accidentally thrown out Auditors will also "identify strengths and deficiencies in the supply chain operations, accountability and management of inventory items and supplies." The firm, which has an existing relationship with the county government, ...
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Deadline to register to vote in May 1 election approaches for Dallas-Fort Worth area Voters in Collin, Denton, Tarrant and Dallas counties will be selecting candidates in local municipal, school district and higher education races as well as voting on any related propositions. Early voting kicks off April 19 and runs through April 27.
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Suez Canal insurance claims to run into hundreds of millions of dollars Losses from the nearly week-long blockage are likely to put pressure on first-half earnings from reinsurers that are already suffering from US winter storms, Australian floods and coronavirus-related losses, Fitch added.
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Lowe's is giving away free gardening kits in April, here's how to sign up MOORESVILLE, N.C. — Lowe's is helping people to transform their homes this April with free curbside gardening kits. With more people spending time at home due to the pandemic, Lowe's said they want to help people feel confident in those spaces.
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Chubb Says Remains Disciplined Buyer After Being Rejected by Hartford By Robb M. Stewart. Property and casualty insurer Chubb Ltd. said Monday it remains a disciplined acquirer despite its efforts to buy Hartford Financial Services Group Inc. having been thwarted. Chubb said that while it was disappointed by Hartford's decision ...
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NJ American Water buying Egg Harbor City water, wastewater systems for $21.8M The Camden-based utility said in a news release the transaction will add 3,000 connections from the municipally owned systems — about 1,500 water and 1,500 wastewater connections, respectively. Under the agreement, New Jersey American Water ...
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Carbone takes aim at Rao's with new supermarket sauce lineup Watch out, Rao's. There's a new fancy pasta sauce headed for grocery shelves. The high-end New York-based Italian restaurant Carbone is for the first time selling its pasta sauces online and in some supermarkets, as part of a broader push into consumer ...
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Health officials seeing uptick in COVID-19 cases Springfield Mayor Domenic Sarno said the police department is down 10 officers due to COVID-19. Baystate Health President and CEO Dr. Mark Keroack said the average age ...
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Drew Barrymore's New Line Of Beautiful Kitchenware Totally Lives Up To Its Name Drew developed Beautiful Kitchenware alongside Made by Gather Founder and CEO Shae Hong and the line is full of carefully crafted, high-performance small kitchen appliances and cookware. Not only is it designed to last, but it's also designed to be, well, ...
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Biden Administration Working on 'Vaccine Passport' Initiative MONDAY, March 29, 2021 (HealthDay News) -- The Biden administration and private companies are working to develop a standard for a "vaccine passport" that could be used as the country tries to reopen in the coming months. The effort has gained steam ...
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