Category: Business

  • McDonald’s stock slips on news of hepatitis A infected worker

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    Another foodservice worker in Kentucky has been confirmed infected with the hepatitis A virus, but this time a McDonald’s location is implicated and the customers who ate and drank there are not the only people at risk. The fast food giant’s shareholders saw their stock dip with the news. Madison County (Kentucky) Health Department officials […]

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  • JP Morgan’s Dimon says U.S. economy still looks ‘pretty good’

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    BOSTON  – JPMorgan Chase Chief Executive Jamie Dimon said on Wednesday the U.S. economy still looked “pretty good” and that there was no law that says growth cannot continue. But there will be a downturn at some point, Dimon told the John F. Kennedy Jr. Forum at Harvard University. Asked to assess the chances the […]

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  • Why Is Uber Buying an Electric-Bike Company?

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    Because short car trips are costing it a fortune—and riders might be seduced by a bicycle with some extra oomph. There’s a joke that every startup is answering the question “What is my mom no longer doing for me?” (Giving me a ride, doing my laundry, you get the idea.) Subtext: Silicon Valley is teeming […]

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  • Apple says it’s now powered by 100 percent renewable energy worldwide

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    Apple announced today that its business is now powered by 100 percent renewable energy sources. The news is a major victory that the iPhone maker has been working toward for years through the purchase of green energy bonds and other renewable investments in its supply chain and physical infrastructure. The company’s last milestone, announced two years ago, was 93 percent […]

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  • Dow surges more than 350 points as tech rises, US tries to soften trade tone against China

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    Shares of Amazon, Apple and Alphabet all rose more than 1.5 percent. Facebook, meanwhile, traded 1.1 percent higher. Treasury Secretary Steven Mnuchin said on Sunday he does not expect a trade war between the U.S. and China to take place. Mnuchin made his comments after telling CNBC’s “Power Lunch” on Friday that a trade war […]

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  • Facebook Releasing Unsend Message Feature Amid Cambridge Analytica Scandal

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    Facebook doesn’t have a feature that allows users to unsend messages, but for some reason CEO Mark Zuckerberg has been allowed to permanently delete messages in secret. Now that Zuckerberg’s secret is exposed, the social media giant is planning to appease users by rolling out an unsend feature to its platform. TechCrunch recently reported that three unnamed sources […]

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  • Will Amazon Get Into The Construction Business?

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    Amazon seems to be everywhere, from groceries to books to clothes and shoes. Its two-day shipping means customers turn to Amazon for nearly everything they could ever need delivered straight to their homes. Additionally, Amazon now offers free in-home consulting on how to create a smart home. Many customers who have newer homes have created a smart […]

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  • The Trade War That Wasn’t: Tit-For-Tat Tariffs Are Unlikely To Have Any Real Effect

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    When Donald Trump announced punitive tariffs on some $50 billion of Chinese imports two weeks ago, the business world held its breath in expectation of the Chinese response. When China hit back this week with tit-for-tat tariffs on $50 billion of American goods, no one in the business world was surprised. The business press went into full panic mode, […]

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  • Security firm: Panera Bread website still vulnerable

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    A second security expert, whose Milwaukee firm found flaws at Equifax and uncovered a massive Russian hacking ring, has raised questions about the vulnerability of Panera Bread’s website. Panera Bread, in a statement released Monday, said the restaurant company fixed security issues to its website after learning of a potential security threat that same day. But, Alex […]

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  • Facebook CEO stops short of extending European privacy globally

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    SAN FRANCISCO (Reuters) – Facebook Inc (FB.O) Chief Executive Mark Zuckerberg said on Tuesday that he agreed “in spirit” with a strict new European Union law on data privacy but stopped short of committing to it as the standard for the social network across the world. As Facebook reels from a scandal over the mishandling […]

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