Mon, Apr 15, 2024, 01:56:11
 
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submitted 1 Year ago in Business

America isn't taking down all of its "help wanted" signs just yet — but they are slowly starting to disappear.

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submitted 1 Year ago in Business

Johnson & Johnson is trying once again to use the bankruptcy courts to settle tens of thousands of cases that claim its talc products cause cancer. The pharmaceutical company is now willing to pay $8.9 billion to plaintiffs over 25 years.

rated 1 times (+1)  (-0) - comments: 0 - hits: 63 - www.cnn.com

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submitted 1 Year ago in Business

Walmart is laying off more than 2,000 workers at five US warehouses that fulfill website orders, weeks after America's largest private employer warned it's in for a tough year ahead.

rated 2 times (+2)  (-0) - comments: 0 - hits: 80 - www.cnn.com

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submitted 1 Year ago in Business

For most people in their early- to mid-20s, filing taxes is right up there with having to pay rent and realizing you can't take summers off anymore: an unwelcome fact of being an adult.

rated 0 times (+0)  (-0) - comments: 0 - hits: 68 - www.cnn.com

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submitted 1 Year ago in Business

The British pound crashed to a record low last fall as investors rebelled against budget plans by former Prime Minister Liz Truss. Now, it's enjoying a comeback.

rated 2 times (+2)  (-0) - comments: 0 - hits: 94 - www.cnn.com

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submitted 1 Year ago in Business

Australia has joined other Western countries in banning the use of TikTok on government devices as the Chinese-owned video app comes under increasing pressure over claims it presents a security concern.

rated 1 times (+1)  (-0) - comments: 0 - hits: 58 - www.cnn.com

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submitted 1 Year ago in Business

It has almost never been as hard to buy a new or used car in the United States as it is today, despite improving supply issues and inflation beginning to steady.

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submitted 1 Year ago in Business

Switzerland's Federal Prosecutor has opened an investigation into the state-backed takeover of Credit Suisse by UBS Group, the office of the attorney general said Sunday.

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submitted 1 Year ago in Business

Americans have grown used to corporate executives treading the well-worn paths of the Northeast corridor to convene alongside elected officials in Washington, DC, and discuss geopolitics, policy and all that's in-between.

rated 1 times (+1)  (-0) - comments: 0 - hits: 62 - www.cnn.com

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submitted 1 Year ago in Business

China Renaissance, a top dealmaker in the country's tech industry, said it would suspend trading of its shares and delay the release of its annual results because it still can't get in touch with its founder.

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submitted 1 Year ago in Business

Oil prices spiked Monday after OPEC+ producers unexpectedly announced that they would cut output.

rated 0 times (+0)  (-0) - comments: 0 - hits: 62 - www.cnn.com

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submitted 1 Year ago in Business

A key index measuring the strength of China's massive services sector jumped to its highest level in more than a decade, as the country's economic recovery gained traction.

rated 1 times (+1)  (-0) - comments: 0 - hits: 58 - www.cnn.com

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submitted 1 Year ago in Business

A US default would have such devastating economic and financial consequences that many observers dismiss the possibility out of hand. But investors are not ruling out such a nightmare scenario.

rated 2 times (+2)  (-0) - comments: 0 - hits: 66 - www.cnn.com

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submitted 1 Year ago in Business

The Federal Reserve's preferred inflation gauge cooled back down in February after ticking up unexpectedly the month before, a welcome sign in the central bank's long battle to bring down historic price increases.

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submitted 1 Year ago in Business

It cost the Federal Deposit Insurance Corporation about $23 billion to clean up the mess that Silicon Valley Bank and Signature Bank left in the wake of their collapses earlier this month.

rated 2 times (+2)  (-0) - comments: 0 - hits: 69 - www.cnn.com

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submitted 1 Year ago in Business

Three stocks with ties to former President Donald Trump surged Friday after two sources familiar with the case told CNN that Trump faces 30 counts related to business fraud in an indictment from a Manhattan grand jury.

rated 1 times (+1)  (-0) - comments: 0 - hits: 58 - www.cnn.com

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submitted 1 Year ago in Business

Inflation in Europe has fallen to its slowest pace in more than a year, though stark signs of persistent underlying pressure on prices will complicate policymakers' next move on borrowing costs.

rated 0 times (+0)  (-0) - comments: 0 - hits: 56 - www.cnn.com

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submitted 1 Year ago in Business

Japan will restrict the overseas sale of chip manufacturing equipment, joining the United States and the Netherlands in curbing the export of key technology to China.

rated 1 times (+1)  (-0) - comments: 0 - hits: 62 - www.cnn.com

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submitted 1 Year ago in Business

Britain has reached an agreement to join a major trans-Pacific partnership, calling it its biggest trade deal since Brexit.

rated 1 times (+1)  (-0) - comments: 0 - hits: 64 - www.cnn.com

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submitted 1 Year ago in Business

Four bankers who helped a close friend of Russian President Vladimir Putin move millions of dollars through Swiss bank accounts have been convicted of failing to perform due diligence in financial transactions.

rated 1 times (+1)  (-0) - comments: 0 - hits: 58 - www.cnn.com

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submitted 1 Year ago in Business

Senator Bernie Sanders, who has roundly criticized former Starbucks CEO Howard Schultz over the company's blatant attempts to shut down its own workers' unionization efforts, finally got to question Schultz during a hearing before the Senate Health, Education, Labor,...

rated 0 times (+0)  (-0) - comments: 0 - hits: 57 - www.cnn.com

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submitted 1 Year ago in Business

China's newly minted Premier Li Qiang painted a bullish picture of his country's economic recovery at a key business forum this week, as Beijing seeks to win the hearts of global investors and economic leaders after emerging from its long pandemic isolation. "The...

rated 0 times (+0)  (-0) - comments: 0 - hits: 58 - www.cnn.com

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submitted 1 Year ago in Business

A slowdown in global initial public offerings continued in the first quarter of 2023 and is likely to endure in the coming months, as companies wait out the effects of volatile stock markets, higher interest rates and inflation, and uncertainty around the banking...

rated 1 times (+1)  (-0) - comments: 0 - hits: 55 - www.cnn.com

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submitted 1 Year ago in Business

Fox News CEO Suzanne Scott sounded the alarm inside the company about the financial fallout that the right-wing network would suffer if it continued aggressively fact-checking then-President Donald Trump's lies after the 2020 election, according to messages that...

rated 2 times (+2)  (-0) - comments: 0 - hits: 62 - www.cnn.com

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submitted 1 Year ago in Business

Silicon Valley Bank's collapse earlier this month dealt a major blow to the wine and crypto firms that entrusted their money with and depended on the lender to stay afloat.

rated 1 times (+1)  (-0) - comments: 0 - hits: 57 - www.cnn.com

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submitted 1 Year ago in Business

If you live in America, you're not allowed to trade crypto derivatives. And if you're a big international platform for trading crypto derivatives, you can't let Americans trade those products if you haven't registered with the boring-sounding but...

rated 1 times (+1)  (-0) - comments: 0 - hits: 62 - www.cnn.com

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submitted 1 Year ago in Business

America's biggest companies rushed to strengthen their gun safety policies after the mass shooting at a high school in Parkland, Florida, in 2018.

rated 0 times (+0)  (-0) - comments: 0 - hits: 60 - www.cnn.com

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submitted 1 Year ago in Business

UBS is bringing back its former chief executive, Sergio Ermotti, effective April 5, to steer the group through its unplanned takeover of rival Credit Suisse.

rated 1 times (+1)  (-0) - comments: 0 - hits: 62 - www.cnn.com

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submitted 1 Year ago in Business

Inflation is ravaging shoppers' wallets and the Federal Reserve has responded by instituting a regimen of painful interest rate hikes that could land the economy in a recession. But corporate profits are surging. US profit margins have reached record levels not seen...

rated 0 times (+0)  (-0) - comments: 0 - hits: 67 - www.cnn.com

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submitted 1 Year ago in Business

For the past decade, China has lent massive sums to governments across Asia, Africa and Europe, growing its global influence through its Belt and Road infrastructure megaproject and becoming one of the world's biggest creditors.

rated 2 times (+2)  (-0) - comments: 0 - hits: 63 - www.cnn.com

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