Thursday, April 25, 2024

Business

Capital One Drops All Overdraft Fees, Latest Bank To Do So

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NEW YORK (AP) — Capital One said Wednesday that will get rid of all overdraft fees, the latest bank to do so this year and one of the largest financial institutions to shy away fro...

Twitter Surges On Report That Dorsey Will Step Down As CEO

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NEW YORK (AP) — Shares of Twitter are surging on a report that co-founder Jack Dorsey will step down as the company's chief executive. Twitter’s stock, which has consistently un...

Shippers Prepare For Another Pandemic Crush Of Holiday Gifts

PORTLAND, Maine (AP) — The last holiday season was far from the most wonderful time of the year for the U.S. Postal Service: Sick and quarantined workers, a flood of packages from ...

Stores Kick Off Black Friday But Pandemic Woes Linger

NEW YORK (AP) — Retailers are expected to usher in the unofficial start to the holiday shopping season Friday with bigger crowds than last year in a closer step toward normalcy. Bu...

Dow Drops 900 Points As New COVID Variant Sparks Market Sell-Off

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NEW YORK (AP) — Stocks are opening sharply lower on Wall Street Friday after South Africa found a fast-spreading coronavirus variant and the European Union proposed suspending air ...

Macy’s Thanksgiving Parade Returns, With All The Trimmings

NEW YORK (AP) — Crimped by the coronavirus pandemic last year, the Macy's Thanksgiving Day Parade returned Thursday in full, though with precautions. Balloons, floats, marching ...

Fed Officials Express Resolve To Address Inflation Risks

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WASHINGTON (AP) — Federal Reserve officials in discussions earlier this month said the central bank “would not hesitate” to take appropriate actions to address inflation pressures ...

Edmunds: Low Inventory Means High Car Prices On Black Friday

This has been a tough year to buy a new or used car in America. With COVID-19 factory shutdowns, semiconductor chip shortages, rising prices and supply chain issues, it’s been noth...

Belgium To Label Israeli Products From Judea And Samaria

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BELGIUM (Israel Hayom/JNS) — Belgium announced on Wednesday plans to label Israeli products made in Judea and Samaria, citing Brussel’s desire “to ensure human rights in the West B...

US Jobless Claims Plunge To 199,000, Lowest In 52 Years

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WASHINGTON (AP) — The number of Americans applying for unemployment benefits plummeted last week to the lowest level in more than half a century, another sign that the U.S. job mar...

Dollar Tree Makes It Official: Items Will Now Cost $1.25

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NEW YORK (AP) — Faced with the rising cost of goods and freight, discount retail chain Dollar Tree said Tuesday it will be raising its prices to $1.25 for the majority of its produ...

Apple Says It Is Suing Israeli Hacker-For-Hire Company

RICHMOND, Va. (AP) — Tech giant Apple announced Tuesday it is suing Israel’s NSO Group, seeking to block the world’s most infamous hacker-for-hire company from breaking into Apple'...

America Under Biden: Best Buy Shares Tumble On Theft, Supply Constraints

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NEW YORK (AP) — Best Buy Co.'s shares tumbled Tuesday after the nation's largest consumer electronics chain posted a decline in gross profit margin for the fiscal third quarter, ci...

GM Exploring Electric Boats, Buys 25% Stake In Engine Maker

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DETROIT (AP) — General Motors is testing the water in electric boating by buying a 25% stake in a Seattle company that makes battery-powered outboard motors. The Detroit automak...

October Existing Home Sales Hit Fastest Pace Since January

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Sales of previously occupied U.S. homes ticked higher in October, marking their strongest pace since January even as competition for relatively few properties on the market pushed ...

Bezos Makes Gifts To Obama Foundation And NYU Medical Center

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Former President Barack Obama’s foundation announced Monday that it has received a $100 million donation from Amazon founder Jeff Bezos, which it says is the largest individual con...

Target To Keep Stores Closed On Thanksgiving For Good

NEW YORK (AP) — Target will no longer open its stores on Thanksgiving Day, making permanent a shift to the unofficial start of the holiday season that was suspended during the pand...

Ira Zlotowitz Revolutionizing Commercial Mortgage Business With Launch Of Gparency

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With an eye to the future of the commercial mortgage industry, Ira Zlotowitz, renowned for his success founding and leading Eastern Union, a national commercial mortgage brokerage ...

WhatsApp Pushes Privacy Update To Comply With Irish Ruling

LONDON (AP) — WhatsApp is adding more details to its privacy policy and flagging that information for European users, after Irish regulators slapped the chat service with a record ...

El Salvador To Build Cryptocurrency-Fueled “Bitcoin City”

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LA LIBERTAD, El Salvador (AP) — In a rock concert-like atmosphere, El Salvador President Nayib Bukele announced that his government will build an oceanside “Bitcoin City” at the ba...