Day: August 29, 2023
Inventory futures are tiny altered immediately after a 3rd straight profitable day on Wall Street: Live updates
Traders perform on the floor of the New York Inventory Trade through opening bell in New York City on August 21, 2023. Angela Weiss | AFP | Getty Photographs Inventory futures are flat Tuesday night time right after another positive session, marking the hottest leg in an finish-of-month rally as buyers consider to mitigate August’s […]
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Medicare pricing deal set to play a key role in Biden’s 2024 campaign pitch
U.S. President Joe Biden speaks about lowering health-care costs, in the East Room of the White House in Washington, D.C., Aug. 29, 2023. Saul Loeb | AFP | Getty Images WASHINGTON — President Joe Biden is placing a priority on reducing individual health-care costs as he seeks reelection in a country where medical spending accounts […]
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Under Armour founder used TV anchor’s advice when facing negative coverage, records show
Kevin Plank, now former CEO of Under Armour, during a CNBC interview on Mad Money on Feb. 28th, 2018. Scott Mlyn | CNBC Under Armour’s founder Kevin Plank forged an unusual relationship with television anchor Stephanie Ruhle that included trips on his private jet, access to confidential company information and a secret phone reserved just […]
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Covid fraud: Street gang in Milwaukee allegedly stole millions to pay for murder, guns and drugs
A street gang in Milwaukee allegedly stole millions of dollars in Covid-19 pandemic relief money that was then used to carry out a murder and purchase guns and drugs, among other items, according to a federal indictment. The 43-count indictment charges 30 members of the “Wild 100s,” also known as the “Shark Gang,” with a […]
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Here’s what is upcoming for bitcoin ETFs just after a courtroom dominated in favor of Grayscale in excess of the SEC
The Securities and Exchange Commission’s approach to regulating the crypto business took another blow on Tuesday in a court docket circumstance that could establish to be a key milestone in the ongoing fusion of bitcoin and conventional asset administration. A federal appeals courtroom struck down the SEC’s order denying the conversion of the Grayscale Bitcoin […]
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Nvidia’s stock closes at report right after Google AI partnership
Nvidia President and CEO Jensen Huang speaks at the COMPUTEX discussion board in Taiwan, May possibly 28, 2023. Sopa Illustrations or photos | Lightrocket | Getty Pictures Nvidia shares rose 4.2% on Tuesday to shut at a document, soon after the chipmaker declared a partnership with Google that could broaden distribution of its synthetic intelligence […]
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‘Oppenheimer’ shows Christopher Nolan is the prestige box office hero Hollywood needs
Valerie Macon | Afp | Getty Images LOS ANGELES — Christopher Nolan’s films, from “The Dark Knight” to “Inception,” have been a force at the box office for a solid two decades. But “Oppenheimer,” the director’s R-rated historical drama about the man who speareheaded the creation of the atomic bomb, has outpaced even the loftiest […]
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3M faces more legal headaches after $6 billion earplug settlement
3M is on the verge of ending the largest mass tort litigation in U.S. history, but it’s still facing other expensive legal headaches. The company said Tuesday that it settled with roughly 250,000 plaintiffs in a $6.01 billion deal. Military veterans and service members alleged 3M manufactured defective earplugs that resulted in hearing loss. “I […]
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Hurricane Idalia chases Florida people from the Gulf Coast as forecasters warn of storm surge
Idalia strengthened into a hurricane Tuesday and barreled toward Florida’s Gulf Coast as authorities warned citizens of susceptible areas to pack up and leave to escape the twin threats of higher winds and devastating flooding. Idalia was churning in the Gulf of Mexico as a Classification 1 storm, but it was projected to arrive ashore […]
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Redwood Elements, operate by ex-Tesla CTO, raises $1 billion to broaden recycling operations in U.S.
JB Straubel sits down with CNBC’s Phil LeBeau at Redwood Materials. Redwood Elements, the battery and e-squander recycling startup started by previous Tesla CTO JB Straubel, announced Tuesday that it has shut a $1 billion funding round to grow operations in the U.S. The firm can take invested electric powered car batteries, breaks them down, […]
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