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Biden will promote his infrastructure plan alongside Ford's new electric F-150 truck. President Biden will fly to Michigan on Tuesday to visit the factory where Ford will produce the first electric version of its signature F-150 pickup truck, seeking to harness the horsepower of an American icon as he continues to make the case for his $4 trillion ...
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Shop Till You Drop: Walmart, Home Depot Earnings Smash Expectations, Lifting Market The earnings hits just keep on coming. This morning, Walmart (WMT) and Home Depot (HD) became the latest major companies to easily knock analysts' average estimates out of the park. Retail ...
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The Founder Disrupting The Dating Industry With Gen Z In Mind It was a TikTok video that gave Kimberly Kaplan the lightbulb moment she needed to inspire her to create a video-first dating app. Snack looks to merge the popularity and format of TikTok with the dating world. As one of the earliest employees at PlentyOfFish, ...
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5 Steps To Defuse The Retirement Savings Tax Time Bomb In his new book, "The New Retirement Savings Time Bomb," IRA expert Ed Slott shares how to take financial control while avoiding unnecessary taxes in retirement. Some of what you think you know about taxes in retirement is wrong.
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Klaviyo Raises $320 Million in Series D Funding Following Surge in Demand for Data and Marketing Automation Platform The round was led by new investor Sands Capital. Other new investors include Counterpoint Global (Morgan Stanley), Whale Rock Capital Management, ClearBridge Investments, Lone Pine Capital, Owl Rock Capital, Glynn Capital, ...
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Elon Musk Tanked Bitcoin Over Climate Change, But Colonial Pipeline Ransom Just Made It Worse What about both? Since Musk said he would no longer be accepting Bitcoin for Tesla purchases last week, the world's leading cryptocurrency has tanked by more than 25%. Not even Tom Brady could save it ...
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Dollar slumps to multi-month lows as expectations of flat rates cement The dollar traded above $1.22 to the euro, the single currency hitting its highest against the greenback since Feb. 25. The Canadian dollar advanced to a six-year high of 1.2013 to the greenback, aided by a rise in oil prices. U.S. dollar banknotes.
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Bristol Myers Strikes $1.6 Billion Pact for New Cancer Fighter Bristol Myers Squibb Co. has agreed to pay Agenus Inc. as much as $1.56 billion for the rights to a new kind of experimental drug that uses the body's immune system to combat cancer. Under the terms of the deal, Agenus will receive $200 million upfront and ...
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Startup Employees: Confused About Your Equity Package? This Company Wants To Help Upon joining London-based ride-sharing startup Karhoo as employees No. 4 and No. 30 in 2015, Wouter Witvoet and Frederik Mijnhardt were excited to learn their compensation packages included stock options in the business. It was the first time they had ...
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Investment Giant Fidelity Will Let Your Teen Trade Stocks—For Free As interest in the stock market grows and equities continue to soar, investment giant Fidelity said Tuesday that it will launch new investing accounts just for teens. Fidelity Investments Earns. ASSOCIATED PRESS ...
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The deals that loaded AT&T with debt. A $39 billion bid to buy T-Mobile. After regulatory pushback, in 2011 AT&T walked away from an effort to become the country's largest wireless company. T-Mobile paired up instead with Sprint, and ...
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Why COVID-19 Vaccines Could Be the Start of a Vaccine Revolution "Vaccines were sort of overlooked by pharmaceutical companies, biotech companies and also investors because the regulatory path was unclear. They weren't getting much capital or investment," said Vamil Divan, senior biopharmaceuticals research analyst ...
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Battle over Duke Energy's future goes public with Elliot Management demand letter Duke Energy Corp. says it will consider an activist investor's proposal to spin off its Florida and Midwest utility franchises as separate companies in what is now an open battle over the company's future. Elliot Management sent a formal letter to the Duke board ...
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Macy's CEO says its robust sales gains aren't a 'short-term pop' Macy's said Tuesday that the huge sales gains it posted in the first quarter aren't a fluke. "We don't see this as a short-term pop," said CEO Jeff Gennette. Macy's reported a surprise first-quarter profit and hiked its full-year outlook, too. Categories including ...
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Baltimore-based digital health company to expand after securing more than $6 million in venture capital The company, emocha, created a remote-monitoring app that allows patients with infectious diseases and other illnesses to communicate with health care professionals and track their medication compliance. The firm is focused on improving the rate ...
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10-year Treasury yield tops 1.65% amid inflation jitters Yields rose early on Tuesday, with investor focus this week on minutes from the Fed's last meeting, due out Wednesday. The number of building permits issued in April and the number of housing projects started last month in the U.S., are due out at 8:30 a.m. ...
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Foxconn's electric car ambitions just got another boost with Stellantis deal London (CNN Business) Foxconn is partnering with automaker Stellantis to develop technology for vehicle cockpits, in the latest sign of the iPhone maker's ambitions to grow in electric car manufacturing. The 50/50 joint venture, known as "Mobile Drive," ...
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Samsung thrives as Seoul mulls pardon of corporate heir Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong now that he has spent nearly four months in prison after his conviction in a massive corruption scandal. By KIM TONG-HYUNG Associated Press. May 17 ...
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Harford County Public Schools to offer COVID vaccines for all students ages 12 and older next week The clinic, which is being offered by the Harford County Health Department and University of Maryland Upper Chesapeake Health is optional. Second doses will be available at school clinics on June 10.
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Snoop Dogg-Backed Oxford Cannabinoid Looks to List in London Pharma firm raised $23 million from individuals, institutions · Stock is the latest in a string of marijuana-related U.K. IPOs.
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Walmart's sales jumped 6 percent in the first quarter, driven by e-commerce. Walmart reported a strong first quarter on Tuesday, as its e-commerce business continued to drive sales and customers were helped by stimulus checks. The retail giant said its sales in the United States in the first quarter increased 6 percent to $93.2 billion, ...
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Capital One Quicksilver Card benefits guide Purchase protection · Purchase assurance can cover eligible purchases in case of damage or theft. · Cellphone protection can reimburse you for the cost of replacement or repair of your cellphone in case it's damaged or stolen. To use this coverage, you must ...
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'Big Short' Investor Michael Burry Bets Against Tesla The filing doesn't reveal when Scion made that bet against Tesla. However, Burry, who was profiled in Michael Lewis' "The Big Short" telling of the 2008 housing market crash, has previously made clear that he is short on that stock.
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Slashing at Harlem Station Marks Latest Subway Violence, as MTA-City Hall Feud Continues The latest violent incident on the city's subway system comes after Mayor Bill de Blasio announced more officers would be added underground and in stations. Published May 17, 2021 • Updated 3 hours ago. Pause. 3:01. Police Patrols Added as Subway ...
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Halliburton, TGS team up to bring advanced seismic imaging to fiber optic sensing The Halliburton FiberVSP™ and Odassea™ distributed acoustic sensing solutions will now incorporate TGS's seismic imaging workflows that process the entire seismic wavefield to generate high-resolution reservoir images. "We are excited to ...
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Vodafone Drops on Network Investment Plan's Cash Flow Hit Vodafone Group Plc shares fell as much as 8.3% after Chief Executive Officer Nick Read's strategy showed higher capital expenditure on network investments will hit free cash flow. Although Read's message is "spend more to grow more," the "prospect of the ...
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Amtrak will speed up trains on trips between Detroit, Chicago Train trips between Detroit and Chicago will be a little faster starting May 25, as the Amtrak trains will speed up from 79 mph to 110 mph between Kalamazoo and Albion. It joins the stretch of track from Porter, Indiana to Kalamazoo that's already been sped up ...
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Amazon launches WorkingWell employee health and safety program across US operations The new program provides employees of the online retailing giant with physical and mental activities, wellness exercises, and healthy eating support that the company says are scientifically proven to reenergize and reduce risk of injury. WorkingWell is ...
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Japan's Recovery From Pandemic Slows TOKYO—Japan's economy shrank in the first quarter of 2021 amid a resurgence of Covid-19 infections, but is expected to return to growth as soon as the current quarter with help from manufacturing exports. The world's third-largest economy after the U.S. ...
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Target, CVS remove mask requirement for those who are vaccinated Target and CVS have joined the growing number of retail outlets that have removed the mask requirement for customers who have been fully vaccinated. The move is similar to ones seen at Walmart, Publix, Home Depot, Costco and others in the wake of new ...
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Housing starts fall as builders contend with shortage of materials and labor U.S. home builders started construction on homes at a seasonally-adjusted annual rate of 1.57 million in April, representing a 9.5% decrease from the previous month's downwardly-revised figure, the U.S. Census Bureau reported Tuesday. Compared with ...
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Marriott sues against 'unknown perpetrators' to fight off fake robocalls Marriott International Inc. said Tuesday that it has filed suit in Virginia against "unknown perpetrators" for making "illegal and fraudulent" robocalls that have been misusing the Marriott name. The hotel operator said it will "aggressively pursue the identities of ...
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Angel Pond Holdings Corporation Announces Pricing of $250 Million Initial Public Offering The units will be listed on the New York Stock Exchange ("NYSE") and trade under the ticker symbol "POND.U" beginning May 18, 2021. Each unit consists of one Class A ordinary share and one-third of one redeemable warrant.
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Middle East Refrigerants Market projected to surpass USD 232035 thousand by 2027, Says Global Market Insights Inc. A refrigerant is a working fluid used in heat pumps and refrigeration systems for cooling applications. These refrigerants undergo the repeated transition from the liquid phase to the gas phase. Refrigerants are used on basis of its toxicity, flammability and ...
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IBM to acquire Salesforce partner Waeg BERLIN (Reuters) – IBM said on Tuesday it would buy Waeg, a consulting partner for Salesforce, in a deal that will extend its range of services and support its hybrid cloud and artificial intelligence strategy. The deal to acquire Waeg, which is based in ...
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UK unemployment rate unexpectedly falls to 4.8 per cent Britain's unemployment rate unexpectedly fell to 4.8 per cent between January and March, official figures showed this morning. Economists had expected the unemployment rate to hold at 4.9 per cent during the first quarter of the year, given that the country ...
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Pizza robot company Picnic raises $16.3M Picnic, the maker of a robot that tops pizzas, has raised $16.3 million to accelerate its growth during a time of massive labor challenges for restaurants. The company will use the funds to hire staff and ...
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COVID-19 news today: All adults in Ontario now eligible to book vaccine appointments Quebec Premier Francois Legault is scheduled to announce the province's reopening plan today. Earlier this month, Legault said he was impressed with Saskatchewan's "Re-Opening Roadmap" and asked Health Minister Christian Dube to develop ...
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What's Really Pushing Bitcoin Prices Low? Crypto Bears earlier took hold of the crypto market as Bitcoin tanked from its one-week high of around $58,500 before trading as low as $42,500 as the social media saga unfolded. While the 48-year-old Billionaire, seems to be battling with the crypto ...
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Mega Millions jackpot climbs to $468 million for tonight's drawing A growing Mega Millions jackpot is sparking a new round of lotto fever. The jackpot now stands at $468 million -- that's the ninth largest in Mega Millions history, and only the second time in the last two years that the jackpot has been so big. The next drawing ...
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Walt Disney, Salesforce.com Inc. share losses lead Dow's 100-point fall CRM have contributed to the index's intraday decline, as the Dow DJIA was most recently trading 99 points, or 0.3%, lower. Walt Disney's shares are off $4.11, or 2.4%, while those of Salesforce.com Inc. have fallen $4.34, or 2.0%, combining for an ...
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Advisory firm Glass Lewis backs two dissident nominees in Exxon battle Glass Lewis recommended that shareholders vote for Gregory Goff and Alexander Karsner in a report that called electing half of the activist directors "sufficient." (Reporting by Jennifer Hiller; Editing by Jacqueline Wong) ...
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MATIC Price Rises 30% In 24 Hours: Find Out Why Is MATIC Rising When The Market Is Down The crypto MATIC has seen a significant rise in price over the past even, even as the market has gone down. Read on to know why is MATIC going up. Written By. Sakshat Kolhatkar. facebook twitter. matic. IMAGE: MATIC WEBSITE. While the crypto market ...
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Report: NY AG preparing to sue Kodak, CEO Continenza purchased Eastman Kodak Co. shares weeks before the public was aware of a deal with the federal government for the company to produce pharmaceuticals. An independent investigation later found that at the time Continenza purchased the ...
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Shiba Inu coin: Ethereum co-founder 'burns' billions of dollars in viral dog themed cryptocurrency Vitalik Buterin – who is the youngest crypto billionaire in the world – moved the coins into a dead wallet address, effectively destroying some 41 per cent of the currency that was in circulation. He held on to ...
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From plastic to jet fuel in one hour Waste plastic has been converted to jet fuel and other useful products within an hour thanks to a new technique. Researchers at Washington State University developed the method, which they said makes it easier and more cost-effective to reuse plastics.
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Special Market Update Looking back to March 31st planting intentions with its bullish surprise of much lower corn and soybean acres then market expected, July futures rallied from $5.18 ½ to $7.35 high. Last week Market retraced 38.6% initially, down to $6.50 level.
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JetBlue passenger 'acting erratically' forces landing in Minneapolis, airline says Mark Anthony Scerbo, a 42-year-old resident of Mechanicville, New York, was booked on suspicion of drug possession, Minneapolis–Saint Paul International Airport police said.
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US$5000 Invested in GameStop (NYSE:GME) on January 1 Is Worth US$44000 Today January 2021 will be written in the annals of the stock market as the month when "David slew Goliath." S3 Partners, a financial analytics company, reported that giant hedge funds lost nearly US$13 billion in their short positions on meme stock GameStop ...
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Humana members see fewer physically unhealthy days amid pandemic: report Edwin Maldonado is vaccinated for COVID-19 at a West Louisville clinic hosted by Humana. This spring, Humana worked with multiple partners to open a COVID vaccination clinic in West Louisville, Kentucky, as part of a larger company effort to help ensure ...
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