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Associated Press Reports Philly Will Approve Sugar Tax On Sodas
Thursday, June 16, 2016 - 8:45am | 190In a Thursday morning article, the Associated Press reported that the Philadelphia City Council is expected to approve a 1.5 cent-per-ounce tax on sugary and diet beverages. The only other city with a sugar tax on sodas at this point is Berkeley, California. Similar proposals have been defeated in...
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U.S. Treasury Secretary Blames Excess Steel Capacity For Global Markets' Distortions; Steel Stocks On The Move
Monday, June 6, 2016 - 10:10am | 368U.S. Treasury Secretary Jacob Lew blames the distortion in the global markets on excess steel production in China, according to an Associated Press report. Lew "urged China on Monday to cut excess steel production, as the two sides opened a high-level dialogue overshadowed by tension over the South...
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CEOs Vs. Hedge Fund Managers: Who Gets Paid Better?
Thursday, May 26, 2016 - 10:49am | 715Do you want to become a billionaire? What about running a company? Ever wondered if you’d get richer making it to CEO or as a money manager? Well, Benzinga’s got some pointers for you. The Associated Press and Equilar, an executive data firm, recently published a list of the 10 highest-...
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Do People Prefer Their Older Smartphones?
Tuesday, December 1, 2015 - 9:42am | 311A recent article from the Associated Press discussed the trend of smartphone use in the United States and how some people prefer their older phones. Whether it's the fact that people don't want to spend the hundreds of dollars on a new phone or they don't want their lives to be...
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The Greek Crisis: Why Russia Doesn't Matter
Monday, June 22, 2015 - 8:18am | 1018The Associated Press reported Friday morning that Russia was actively considering extending financial aid to Greece. "If the Greeks ask for a loan then we will consider it, but they have not yet asked," Russian President Vladimir Putin's spokesperson, Dmitry Peskov, told the AP...
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McDonald's To Shrink In U.S. For First Time In 45 Years (Or Possibly Ever)
Thursday, June 18, 2015 - 10:40am | 305For the first time in at least 45 years and likely ever, McDonald's Corporation (NYSE: MCD) will close more stores in the U.S. than it opens, according to the Associated Press. The brand currently has around 14,300 stores in the country. As of April, the chain was on track to close 700...
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15 Women Championing The Media Revolution
Thursday, April 2, 2015 - 12:45pm | 2182The rapid decline of the newspaper business over the past couple of decades was a major hit to the media world, but there are new and powerful forms of media that have gained an immense amount of traction on the digital frontier. Websites like Buzzfeed and Gawker are embracing wit, snark and...
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Tutor Perini, MGM Resorts Settle Dispute
Wednesday, December 17, 2014 - 9:50am | 223Tutor Perini Corp (NYSE: TPC) announced Wednesday that it reached a settlement with MGM Resorts International (NYSE: MGM) and CityCenter Holdings, LLC on December 12, 2014. According to a press release, the settlement ends "the litigation which commenced in 2010. The settlement was...
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Weekly Highlights: World Cup Ratings, Automated Journalism And More
Saturday, July 5, 2014 - 9:09am | 213After a month of major announcements, the first week of July came and went without any Earth-shattering developments. This can be partially attributed to the holiday, but it may also be a byproduct of the numerous conferences that were held in June. Now that those are over, there aren't many...
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3 Ways Robots Will Benefit Mass Journalism
Wednesday, July 2, 2014 - 12:39pm | 1063The Associated Press made a historic announcement this week that it would be using automation technology to write company earnings reports. Many are asserting that this decision indicates that another middle-class job is being replaced by technology, that writers will soon be taken...
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AP Using Robots For Journalism Starting In July
Monday, June 30, 2014 - 4:58pm | 639The Associated Press announced Monday that it will begin using automated technology to write company earnings reports next month. A vast amount of reporters' time and resources is spent on producing approximately 300 earnings reports each quarter, AP Managing Editor Lou Ferrera said in a...
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Facebook Introduces Bootcamp For Small Businesses
Wednesday, May 7, 2014 - 1:32pm | 424Facebook (NASDAQ: FB) is trying to forge stronger connections with small businesses by hosting workshops across the country. According to the website, Facebook Fit will be a “bootcamp” for small businesses and will offer advice on marketing, legal services, finance management and more. The...
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Worrying Housing Market Signs
Saturday, April 12, 2014 - 3:56pm | 1160Real estate is a mosaic of illiquid local markets rather than a efficient national market, so it is a little misleading to talk about the 'housing market' nationally. Despite the heterogeneity, certain macro conditions can suggest, on average, housing's future. Below is a recap of issues facing...
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Yahoo Officially Announces Partnership With Yelp
Thursday, March 13, 2014 - 10:29am | 497Maybe you’re not a big fan of Yahoo’s (NASDAQ: YHOO) search engine because Google is just a URL away. Yahoo is working hard to change that and Wednesday’s announcement is another way that CEO Marissa Mayer hopes to bring you, and others, back to Yahoo’s search engine. Wednesday, Yahoo...
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Lower Bean Prices Create Windfall for Coffee Industry and Consumers
Friday, November 1, 2013 - 7:24am | 825A bit of good news for the caffeine nation – those of us who can't get the day started without a decent morning cup of coffee. There's been an overproduction of arabica – the delicate beans that tend to end up in espressos, pricey cafe drinks and so-called gourmet coffee. (The other well-known...