It’s a dramatic and troubling claim: Two New York law professors, one of them a former commissioner of the Securities and Exchange Commission, say that bets were made against Israeli stocks in October and made …
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Business
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Many blue-collar workers are riding into 2024 on a year’s worth of stronger hiring, more plentiful job opportunities and faster pay growth than some of their white-collar counterparts. After two years of rapid growth, the …
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Job creation showed little signs of a let-up in November, as payrolls grew even faster than expected and the unemployment rate fell despite signs of a weakening economy. Nonfarm payrolls rose by 199,000 for the …
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Much has been made about how Americans feel bad about the state of the economy, even though according to many broad-based statistical measures things are pretty good. It looks like that message has sunk in …
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Business
Ex-employee charged with stealing $22M from Jacksonville Jaguars for luxury shopping spree
by adminProsecutors have charged a former employee of the NFL’s Jacksonville Jaguars with stealing $22 million from the team and spending it on a condo, cars, cryptocurrencies, gambling, a $95,000 watch and more. According to documents …
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Business
Rising car crash deaths could force companies to rethink stunt driving in commercials
by adminAutomakers often display a warning in commercials when showing a car executing incredible stunts: ‘Professional driver on a closed course. Please do not attempt.’ But with deaths from car crashes rising every year, experts are asking if that …
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Business
Wall Street CEOs say proposed banking rules would hurt small businesses, low-income Americans
by adminWall Street CEOs on Wednesday pushed back against proposed regulations aimed at raising the levels of capital they’ll need to hold against future risks. In prepared remarks and responses to lawmakers’ questions during an annual Senate oversight hearing, …
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Business
McDonald’s aims to open nearly 9,000 restaurants, add 100 million loyalty members by 2027
by adminMcDonald’s wants to open more than 8,800 locations and add 100 million members to its loyalty program by 2027. The targets are part of the fast-food giant’s long-term plans to grow sales across its already sprawling …
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Business
Wall Street CEOs say proposed banking rules will hurt small businesses, low-income Americans
by adminWall Street CEOs on Wednesday pushed back against proposed regulations aimed at raising the levels of capital they’ll need to hold against future risks. In prepared remarks and responses to lawmakers’ questions during an annual Senate oversight hearing, …
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Alaska Airlines has agreed to acquire its rival Hawaiian Airlines in a deal valued at about $1.9 billion, as the companies make a push to expand along the West Coast. The purchase values Hawaiian Airlines at $18 per …