Saturday, May 4, 2024

Business

SNAP Stock Soars 58% After Posting Profit For 1st Time

Investors are snapping up shares of Snap Inc. after the owner of the disappearing message platform Snapchat surprised Wall Street by posting a quarterly profit for the first time. ...

Amazon Reports Strong 4Q Results Despite Supply Chain Snags

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NEW YORK (AP) — Amazon is reporting strong fourth-quarter sales and profits even as the online behemoth continues to contend with surging costs tied to a snarled supply chain and l...

Tesla Recalls Over 800K Vehicles For Seat Belt Chime Problem

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DETROIT (AP) — Tesla is recalling more than 817,000 vehicles in the U.S. because the seat belt reminder chimes may not sound when the vehicles are started and the driver hasn't buc...

Meta, Formerly Facebook, Faces Historic Drop As Stock Tanks

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NEW YORK (AP) — Shares in Facebook parent company Meta are in the midst of their worst day ever Thursday after the social media giant reported a rare decline in profit due to a sha...

Facebook Parent Meta Posts Lower Q4 Profit, Shares Plunge

Meta, the company that owns Facebook, Instagram and WhatsApp, saw its stock plunge after-hours Wednesday after reporting a rare decline in its fourth quarter profit due to a sharp ...

The Israeli Supermarket Where You Can Shop For Free

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JERUSALEM (JNS) - A few years ago, Shani Shukrun began matching people up on Facebook. Not for romantic purposes, but to bring together people in need with donors who could help th...

The End: Facebook-Backed Digital Currency Diem Sold To Bank

A once-ambitious but now faltering Facebook-backed digital currency project known as Diem is dead, its assets sold to bank holding company Silvergate Capital. Silvergate and the...

Tesla Recall: “Full Self-Driving” Software Runs Stop Signs

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DETROIT (AP) — Tesla is recalling nearly 54,000 cars and SUVs because their “Full Self-Driving” software lets them roll through stop signs without coming to a complete halt. Doc...

Tesla Fans Complain Biden Ignores Company’s EV Leadership

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DETROIT (AP) — Some of Tesla's loyal band of devotees and CEO Elon Musk say the White House has been unfairly snubbing America's top-selling electric vehicle brand in its support f...

New York Times Buys Viral Word Game Wordle

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NEW YORK (AP) — The New York Times said on Monday that it has bought Wordle, the free online word game that has exploded in popularity and, for some, become a daily obsession. I...

$426 Million Mega Millions Lottery Ticket Sold In Woodland Hills section of Los Angeles

LOS ANGELES (AP) — A single ticket sold in Southern California matched all six numbers and was the lucky winner of the $426 million Mega Millions jackpot prize. The winning numb...

A Key Inflation Gauge Rose 5.8% In 2021, Most In 39 Years

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WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve rose 5.8% last year, the sharpest increase since 1982, as brisk consumer spending collided with...

Lowe’s Teams Up With Petco To Offer Pet Supplies, Services

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Lowe’s is teaming up with Petco to offer pet departments within its stores, betting that customers want cans of dog food along with their cans of paint. The first Lowe’s with a ...

THE FALLOUT CONTINUES: Unilever Fires 1,500 Workers, Splits Ice Cream From Food Division

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NEW YORK (JNS) - The multinational firm Unilever, which owns Ben & Jerry’s, announced on Tuesday that in the wake of severe losses, it will fire 1,500 workers around the world ...

ADAMS’ NEW YORK: Despite Rampant Shoplifting, Store Workers Told To Do Nothing But Watch (SEE THE VIDEO)

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NEW YORK (VINnews) — Two shocking videos have been published on the New York Post website, depicting rampant shoplifting in the city, with no consequences for the criminals. Bra...

‘Sold By Amazon’ Program Ends Following State Investigation

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SEATTLE (AP) — Amazon will end its “Sold by Amazon” program after an investigation by Washington state's attorney general found it was anticompetitive and violated antitrust laws, ...

Pfizer CEO Albert Bourla, Son Of Holocaust Survivors, Is Working To Preserve Jewish History

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WASHINGTON (JTA) - From the halls of the United States Capitol to the streets of Europe, politicians and activists protesting against vaccine requirements have increasingly invoked...

Fed Plans To Raise Rates As Soon As March To Cool Inflation

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WASHINGTON (AP) — The Federal Reserve signaled Wednesday that it plans to begin raising its benchmark interest rate as soon as March, a key step in reversing its pandemic-era low-r...

Traded Cryptocurrency In 2021? Here’s How To Approach Taxes

Professionals have a major piece of advice for those who traded cryptocurrency for the first time last year: Take your tax prep seriously. The IRS has been zooming in on cryptoc...

Boeing Posts $4 Billion Loss Tied To Problems With 787 Jet

Boeing reported a $4.16 billion loss for the fourth quarter as the financial fallout of production flaws in one of its best-selling planes, the 787 Dreamliner, grew much worse. ...