Year: 2022
Walmart sues BJ’s Wholesale claiming it stole self-checkout technology
Shoppers stock up on merchandise at a Sam’s Club store on January 12, 2018 in Streamwood, Illinois. Scott Olson | Getty Images Walmart and its big-box warehouse subsidiary Sam’s Club accused rival retailer BJ’s Wholesale Club in a lawsuit filed Tuesday of stealing technology that powers a popular self-checkout option in the Sam’s Club mobile […]
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Stocks making the biggest moves after hours: KB Home, Spotify and more
New Home Construction by KB Home in California Bloomberg | Getty Images Check out the stocks making headlines in extended trading on Wednesday. KB Home — Shares for the homebuilding company slipped 4.3% after reporting an earnings miss. KB Home reported $1.47 earnings per share, missing the $1.56 consensus estimate by 9 cents. The company […]
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Google will allow Spotify to offer its own billing on Android
Sundar Pichai, senior vice president of Android, Chrome and Apps at Google Inc., gestures as he speaks during the company’s Android One smartphone launch event in New Delhi, India, on Monday, Sept. 15, 2014. Kuni Takahashi | Bloomberg | Getty Images Google and Spotify said on Wednesday that a future version of the Spotify app […]
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Here’s why stocks can still go higher, even with the Fed’s aggressive rate-hiking stance
Stocks may actually like an inflation-fighting Federal Reserve, despite volatility leading up to the central bank’s first rate hike in more than three years. Source
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Russia and Turkey will rival UK & Ireland to host Euro 2028 after surprise applications
Vladimir Putin, President of Russia speaks during the Preliminary Draw of the 2018 FIFA World Cup in Russia at The Konstantin Palace on July 25, 2015 in Saint Petersburg, Russia. Dennis Grombkowski | Getty Images Sport | Getty Images Russia and Turkey have joined the UK and Ireland in declaring an interest to host Euro […]
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Morgan Stanley says the time is right for steady utilities stocks. These are the firm’s favorites
The bank issued a list of overweight-rated companies for investors seeking safety in uncertain markets. Source
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GOP grilling of Supreme Court pick Ketanji Brown Jackson grows tense as Senate questioning winds down
Judge Ketanji Brown Jackson testifies on her nomination to become an Associate Justice of the US Supreme Court, during the third day of a Senate Judiciary Committee confirmation hearing on Capitol Hill in Washington, DC, March 23, 2022. Saul Loeb | AFP | Getty Images Supreme Court nominee Ketanji Brown Jackson in a confirmation hearing […]
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Bird flu cases surge in the U.S. What we know so far.
The Avian influenza virus is harvested from a chicken egg as part of a diagnostic process in this undated U.S. Department of Agriculture (USDA) handout image. Erica Spackman | USDA | Reuters Federal health officials are closely watching a highly lethal type of bird flu that’s devastated poultry farms along the East Coast and the Midwest in […]
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Madeleine Albright, first female secretary of state, dies at 84
Madeleine Albright, the first woman to serve as U.S. secretary of state, died Wednesday, her family said in a statement. She was 84. She died of cancer, her family said, adding that she was “surrounded by family and friends” at the time. “We have lost a loving mother, grandmother, sister, aunt and friend,” the statement […]
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Omicron BA.2 subvariant will soon dominate in U.S., but Fauci doesn’t expect another surge
Dr. Anthony Fauci speaks about the Omicron coronavirus variant during a press briefing at the White House in Washington, December 1, 2021. Kevin Lamarque | Reuters Omicron’s more contagious subvariant, BA.2, has more than doubled in prevalence over the past two weeks in the U.S. and now represents more than 34% of Covid-19 infections that […]
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