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Oil settles lower on reports of potential Iran nuclear deal NEW YORK (Reuters) - Oil settled lower on Tuesday, tumbling from a two-month high after media reports said the United States and Iran have made progress on reviving a deal restricting the OPEC country's nuclear weapons development, which would boost ...
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Hackers and Climate Change Threaten US Energy Independence The country relies less on foreign oil than it used to, but pipelines and grids are increasingly vulnerable to cyberattacks and extreme weather.
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Lumber Futures' Rout Deepens to 27%, Hinting at Rally's End The lumber contract for July delivery fell $63 on Tuesday, the maximum permitted by the Chicago Mercantile Exchange, with the price sinking to $1,264 per 1,000 board feet. That's the seventh straight session of falling prices for the futures contract, marking the ...
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Are Americans Shopping Again? Macy's Sales Jump Suggests a Return Is Afoot The retailer expressed optimism after sales soared 56 percent in the first quarter, raising its forecast for the year as consumers begin to buy apparel for get-togethers.
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Sarepta shares rally on early DMD data that also reveal 2 serious, 79 mild side effects Two weeks after Sarepta reported new safety concerns in a Duchenne muscular dystrophy (DMD) clinical trial, the company says another gene therapy candidate has shown some early success and will be brought to the FDA for permission to kick off further ...
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The best sales to shop today: Etsy, Allswell, Roku and more Today, you'll find a deal on our favorite office chair, discounted apparel from Old Navy and savings on Allswell mattresses. All that and more below. Etsy. Etsy. Etsy. Just in time for the kickoff of summer, some of your favorite makers on Etsy are discounting ...
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Why Snowflake Stock Just Bounced Shares of recent IPO Snowflake (NYSE:SNOW) jumped 6% through 2:30 p.m. EDT trading Tuesday on mixed but mostly positive news out of Wall Street. On the one hand, investment bank Jefferies cut its price target on the cloud-computing company to $235 ...
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T. Rowe Price transfers record keeping to FIS The transition will take effect Aug. 1. T. Rowe Price, Baltimore, took the action to deliver services to sponsors and participants at "an accelerated rate," Kevin Collins, head of retirement ...
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This 1 Comment From Discovery's CEO Should Terrify Cable Companies Are television production companies worried about cable TV's cord-cutting headwind? They may have been at one point in time. Not so much anymore though. Indeed, they may now even be embracing the paradigm shift, with the advent of streaming leaving ...
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One Vanderbilt and Daniel Boulud Aim to Bring Back Midtown Diners The plant-filled Le Pavillon will have options for commuters heading to Grand Central Station next door. By. Kate Krader. May 18, 2021, 12:45 PM PDT. Le Pavillon's bar comes with a singular New York view. Photographer: Thomas Schauer ...
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AT&T Falls as Investors Digest Deal, Smaller Dividend Payout Without the cash flow from WarnerMedia, AT&T said Monday that it will lower its dividend payout ratio to 43% of cash flow. That translates into to about $9 billion annually, down from $15 billion before, according to Colby Synesael, an analyst with Cowen & Co.
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US lawmakers seeking records on 737 MAX, 787 production issues Boeing, which said it had seen a letter from DeFazio and Larsen and would respond, last week won approval from the FAA for a fix of an electrical grounding issue that had affected 109 737 MAX airplanes worldwide.
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Why Lordstown Motors Stock Drove Higher Tuesday Lordstown Motors (NASDAQ:RIDE) shareholders haven't had a great ride so far in 2021. The stock is down 50% year to date. And that is after shares have soared almost 30% in the last week. That includes a more than 20% jump today, as of 3:50 p.m. EDT.
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Tesla Stock Is Getting Shorted Again. Why It Could Be Time to Buy. Short interest — which is essentially the number of shares borrowed and sold short by investors who believe the stock price will fall — was greater than 30%, back in 2019. The average short interest ratio for stocks in the S&P 500 is more like 2%. Investors were ...
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Walmart keeps up sales momentum in first quarter Getting a lift from its omnichannel positioning, Walmart posted robust U.S. sales gains in its fiscal 2022 first quarter despite tough comparisons to last year's surge in consumer stockpiling purchases sparked by the outbreak of COVID-19. For the quarter ended ...
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Stocks near flat to higher; dollar touches lowest since late February NEW YORK (Reuters) -Stock indexes globally were flat to higher on Tuesday with technology shares recovering on Wall Street, while the U.S. dollar touched its lowest level since late February. FILE PHOTO: The German share price index DAX graph is ...
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Take-Two Beat Earnings Expectations. Guidance Fell Short. Take-Two (ticker: TTWO) reported fiscal fourth-quarter net income of $218.8 million, which amounts to $1.88 a share, compared with net income of $122.7 million, or $1.07 a share a year ago. Revenue rose 9% to $839.4 million.
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Home equity hits a record high — here's how to tap your house for cash In 2020, the amount of equity borrowers could take out of their homes, or so-called tappable home equity, hit a record $7.3 trillion. And yet, getting that cash isn't always easy. watch now. VIDEO2:0602:06. Renovation projects take a dive despite record home ...
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It's Harder Than Ever To Buy A House, And Bidding Wars Keep Breaking Out Rebecca Ametrano and Dan Johnson are newlyweds thinking about having kids. So they wanted to buy their own house or a condo. But since January they've been getting outbid by other buyers. "You imagine your life in this house, you put in an offer and ...
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Amazon Extends Pause on Police Use of Facial Recognition Tech Research shows algorithms struggle to identify people of color · Police use technology to match suspects to photo databases ...
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Even Lamborghini Is Getting Into EVs Lambo buyers probably aren't thinking about electric range, gasoline costs, and even carbon emissions. There aren't that many Lamborghinis around—roughly 10,000 are sold a year. Lamborghini is more comparable to LVMH Moët Hennessy Louis Vuitton ( ...
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Colonial Pipeline hacker Darkside reaped $90M from 47 victims According to Elliptic's report, approximately 47% of victims paid a ransom to Darkside, with an average payment of about $1.9 million. The firm added that Darkside was on track for a record month for ransom payments in May before deciding to shut down ...
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Medline to Acquire Hudson RCI respiratory products from Teleflex NORTHFIELD, Ill., May 18, 2021 /PRNewswire/ -- At a time when healthcare has never been more aware of the importance of high quality, reliable respiratory products, Medline today announced its intentions to acquire a significant portion of the Hudson ...
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US, global climate goals would be boon to China, international agency indicates North Dakota Sen. Kevin Cramer argues America will lose it's energy independence and national security if lawmakers don't invest in cyber security. Achieving the Biden administration's and other world leaders' ...
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Facebook debuts 'Live Shopping Fridays' featuring beauty, fashion and skincare brands The event begins Friday, May 22nd and runs through mid-July, with streams from brands like Abercrombie and Fitch, Bobbi Brown, Clinique, Sephora, Dermalogica, Alleyoop, and Zox. The events ...
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Bank of America says it will boost minimum wage to $25 an hour by 2025 Bank of America said it it raising the minimum hourly wage it pays employees to $25 by the year 2025. The second-biggest U.S. bank by assets also said that vendors would be required to pay workers at least $15 an hour. "A core tenet of responsible growth is ...
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Fintech DailyPay Is Now Considered a Unicorn DailyPay, a fintech that helps workers access their wages in real time, has raised $500 million in capital. The $500 million includes a $175 million Series D, led by Carrick Capital Partners; existing investors, including RPM Ventures, participated, a statement ...
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April trucking tonnage sees modest decline, reports American Trucking Associations The ATA's advanced Seasonally Adjusted (SA) For-Hire Truck Tonnage Index for April—at 114.7 (2015=100)—dropped 0.3%, from March to April, following a 2.3% gain, from February to March, which was upwardly revised from an original reading of a 5.1% ...
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Fans Rejoice As Taco Bell® Brings Back The Naked Chicken Chalupa To Disrupt The Chicken Wars On May 20 IRVINE, Calif., May 18, 2021 /PRNewswire/ -- Bun-mayo-chicken-pickle-bun. Sound familiar? It should to most who have ever ventured into the sea of chicken sandwich sameness. That's why Taco Bell is providing fans with a different way to enjoy chicken, ...
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Why Goldman Sachs recruited an Uber exec to run Marcus For years, financial services firms have said they want their apps to be as intuitive as Uber's ride-hailing app. But Stephanie Cohen, global co-head of consumer and wealth management at Goldman Sachs, says this was not on her mind when she hired ...
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Driver Ticketed After Allegedly Sleeping at Wheel of Self-Driving Tesla in Wisconsin The driver denied he had been asleep at the wheel, but acknowledged that he was "tired" at the time he was pulled over. Published 1 min ago • Updated 9 seconds ago. Lucas Jackson | Reuters. A Tesla logo on a Model S is photographed inside of a Tesla ...
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HRSA Orders Drug Manufacturers to Pay 340B Contract Pharmacies By Gina Shaw. The Health Resources and Services Administration (HRSA), which oversees the federal 340B Drug Pricing Program, has directed six drug manufacturers to immediately resume providing 340B discounted pricing to contract pharmacies without ...
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FTC Data Captures Record Surge in Cryptocurrency Scams The popularity and value of virtual currencies like Bitcoin and Ethereum have soared in recent months—and nearly simultaneously, reports of cryptocurrency investment scams flooded into the FTC at record levels. "We often look for ...
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Cloud services spending jumps to more than $18 billion in US during first quarter Canalys attributed the higher spending to a greater focus on digital transformation projects during the coronavirus pandemic. With the economy recovering from last year's slowdown, many large enterprises and other organizations have been restarting cloud ...
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Google focuses on hiring engineers in Atlanta office expansion Danny Berlin, Google' director of software engineering, says the company is building out its Atlanta office because of the city's positioning as a hub for the Southeast, reputation for innovation and tech talent pool. The ...
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OCC hits brakes on rollout of Trump-era CRA rule WASHINGTON — The Office of the Comptroller of the Currency on Tuesday halted the implementation of its 2020 rule overhauling the Community Reinvestment Act. "The OCC has determined that it will reconsider the June 2020 rule," the agency said in a ...
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Investors remain upbeat on economic prospects – BofA survey Global investor sentiment on the economy remains unambiguously bullish, according to Bank of America's May Global Fund Manager Survey. Of the 194 fund managers overseeing a total of $592 billion in assets surveyed, 69% said they expect "above-trend" ...
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Groceries and streaming services now earn more cash back on these Capital One credit cards During the coronavirus pandemic, Capital One added a limited-time bonus category on popular streaming services to its Savor credit cards. On Tuesday, the issuer made those changes permanent, and at the same time increased the bonus cash back rates ...
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NJ casino's longstanding Bobby Flay Steak not closing just yet Billed as a restaurant with classic steakhouse fare that incorporates New Jersey fresh produce and Philadelphia influences, Bobby Flay Steak opened at the Borgata in 2006 with a dining room adorned with wine displays and wood paneling.
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CVS Health Taps Former Aetna Finance Chief Guertin for CFO CVS Health Corp. named Shawn Guertin chief financial officer, bringing the former Aetna executive back as part of new Chief Executive Officer Karen Lynch's management team. Guertin was supposed to assume the role when CVS acquired Aetna in 2018, ...
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$3B in Covid relief funds going to states for mental health, substance abuse treatment WASHINGTON — Federal health officials are releasing $3 billion to help states cope with rising substance abuse and mental health impacts of the coronavirus pandemic. The money approved by Congress in President Joe Biden's coronavirus relief bill will be ...
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Mega Millions drawing for $475 million Tuesday night: How to play, where to get tickets "Since the jackpot was last won on February 16, there have been more than 16.4 million winning tickets at all prize levels, including 26 worth $1 million or more," officials said.
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Orange County Qualifies for a Move to California's Yellow Reopening Tier Orange County qualified Tuesday for a move to the state's least restrictive tier for reopening. The county can officially enter the yellow tier Wednesday. The case rate as of Tuesday is 1.4 per 100,000 and the positivity rates are 0.9%. Download our mobile app ...
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Pfizer COVID-19 vaccine protection stronger if second dose is delayed, study finds A study published recently and led by health experts in the United Kingdom found delaying the second dose of the Pfizer COVID-19 vaccine resulted in a stronger antibody response. The results found antibodies were three-and-a-half times higher when the ...
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2022 Toyota Tundra pickup teased in electrifying image The 2021 Toyota Rav4 Prime is the first plug-in hybrid version of the compact SUV and Fox News Autos Editor Gary Gastelu says it may be the best of the bunch. Toyota ...
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COVID vaccine made by Canada's Medicago shows promising results in Phase 2 clinical trial Nathalie Landry, the executive vice-president for scientific and medical affairs for Quebec City-based Medicago, said the vaccine appears to produce 10 times the antibodies as are seen in people who have had COVID-19.
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Twilio Stock Rises On Zipwhip Purchase As Acquisition Spree Continues Twilio (TWLO) agreed to buy business text messaging firm Zipwhip for $850 million in cash and stock as its acquisition spree continues. Twilio stock rose on the Zipwhip deal, which is expected to close by year end. San Francisco-based Twilio announced the ...
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Austin-Travis County Enters Stage 2 for the First Time in the Pandemic Stage 2 recommendations include the following: Fully vaccinated individuals can participate in indoor and outdoor private gatherings and dine and shop without precautions if allowed by the business. Partially vaccinated or unvaccinated individuals can ...
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Carnival is in active discussions with CDC to restart cruises in July Carnival Cruise Line President Christine Duffy said in an interview with NBC Nightly News the cruise line is working with the CDC to gain permission to restart sailings in July, which will carry no vaccine mandate for passengers in order to sail.
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Senior Credit Suisse bankers flee to Barclays, Goldman and Citi after Archegos disaster About a dozen managing directors at Credit Suisse have recently left the banking giant or are in the process of doing so, with most of them poached by rivals including Barclays, Goldman Sachs and Citibank. Moreover, a range of senior bankers are expected ...
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