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NYT Publishes Accounts Of Sexual Harassment At Signet Jewelers; Company Says Story Unfair
Tuesday, April 23, 2019 - 3:26pm | 453Roughly two years after a Washington Post expose on a culture of sexual harassment at Signet Jewelers (NYSE: SIG) subsidiary Sterling Jewelers, the New York Times published an in-depth article Tuesday featuring several of the alleged victims who were employees of the company. In 2008, 69,000...
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Reports: Trump To Nominate Herman Cain To Fed Board
Thursday, April 4, 2019 - 2:53pm | 444President Donald Trump reportedly plans to nominate former Republican presidential candidate and restaurant executive Herman Cain for a seat on the Federal Reserve Board. Cain, 73, the former CEO of Godfather's Pizza, also is a former director of the Federal Reserve Bank of Kansas City. If...
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Bezos Divorce Finalized: MacKenzie Will Get 4% Of Amazon, Give Up Voting Control
Thursday, April 4, 2019 - 2:02pm | 304MacKenzie Bezos announced via Twitter Inc (NASDAQ: TWTR) that she has finished the process of dissolving her marriage with Amazon.com, Inc. (NASDAQ: AMZN) founder and CEO Jeff Bezos. “Grateful to have finished the process of dissolving my marriage with jeff with support from each other and...
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Facebook CEO Calls For Social Media Regulation
Monday, April 1, 2019 - 2:41pm | 441Facebook, Inc. (NASDAQ: FB) co-founder and CEO Mark Zuckerberg said in an op-ed published Sunday in The Washington Post that social media companies need governments and regulators to play a "more active role." What Happened Facebook management takes sole responsibility for ...
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HUD Sues Facebook, Alleges Discrimination In Housing Ads
Thursday, March 28, 2019 - 11:18am | 754Federal officials are accusing Facebook Inc. (NASDAQ: FB) with violating the Fair Housing Act in a lawsuit, alleging the social media company’s advertising system allows advertisers to target certain types of people with housing ads, effectively preventing other types of people...
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Reports: May Will Step Down After Brexit Deal Is Reached
Wednesday, March 27, 2019 - 2:32pm | 499British Prime Minister Theresa May told members of her Conservative Party that she will step down ahead of a second phase of talks on how the country will exit the European Union — the troubled process known as Brexit. Conservative Party members of Parliament told Reuters and other media...
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Trump Administration Looks To Dump Affordable Care Act
Tuesday, March 26, 2019 - 11:37am | 394In a federal appeals court filing, the Justice Department said it agreed with the ruling of a federal judge in Texas that invalidated the Obama-era Affordable Care Act, according to CNN. What Happened The Trump administration said Monday "it is not urging that any portion of...
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Jet Grounding Is Only Boeing's Second: Manufacturer Overcame Costly 2013 Stoppage
Thursday, March 14, 2019 - 12:31pm | 1017Boeing Corp (NYSE: BA) has been here before, but only once. January 2013 was the last time the Federal Aviation Administration did something it almost never does: ordering U.S.-based airlines to ground an entire type of aircraft. In that instance, it was Boeing’s new 787 Dreamliner, in which...
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Manafort Sentenced To 43 More Months Of Prison Time, Indicted On New Criminal Charges In New York
Wednesday, March 13, 2019 - 1:22pm | 410Paul Manafort, the former chairman of President Donald Trump's presidential campiagn, was sentenced to an additional 3 1/2 years in prison by a federal judge Wednesday — and hit with a new criminal indictment minutes later. What Happened Manafort was sentenced Wednesday by...
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Gottlieb's Departure Creates Uncertainty For Tobacco, Biopharma, Cannabis Industries
Wednesday, March 6, 2019 - 3:01pm | 725Scott Gottlieb’s coming departure as head of the Food and Drug Administration means uncertainty for tobacco companies, drug makers and the cannabis industry — though whether it will be a positive or negative development depends on who replaces him, analysts said Wednesday. Gottlieb...
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Analysts Weigh In On The FDA's Position On E-Cigarettes, Menthols
Tuesday, November 13, 2018 - 3:56pm | 569The Food and Drug Administration is set on introducing restrictions on the sale of electronic cigarettes, including prohibiting most flavored products in convenience stores and gas stations, The Washington Post reported Nov. 8. The Wall Street Journal followed up with its own report Friday that...
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HyreCar: Is This Newly Public Company The Way To Trade On Uber And Lyft's Success?
Wednesday, June 27, 2018 - 4:29pm | 393It’s hard to find a pure play on mobility. Uber’s private. Lyft’s private. The nascent ride-hailing segments of General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F) are muddied by core manufacturing segments. Enter HyreCar Inc (NASDAQ: HYRE), a firm whose fate...
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Helios And Matheson's Terrible Week Puts MoviePass' Future In Doubt
Friday, May 11, 2018 - 2:43pm | 611Helios and Matheson Analytsics Inc (NASDAQ: HMNY) is down more than 70 percent this week, falling under $1 per share, on increased concerns about the MoviePass business model. Here’s a recap of what's going on with Helios. 'A Joke' Wedbush analyst Michael Pachter bashed...
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Fitbit Stock Manipulator Sentenced To Prison
Monday, March 12, 2018 - 9:47am | 524What happens when you attempt to manipulate a stock and earn a $3,000 profit? Two years in prison. What Happened Fitbit Inc (NYSE: FIT) stock spiked higher Nov. 10, 2016 amid reports the maker of fitness tracking products received a takeover offer. A SEC filing release showed that a...
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For The FDA, 'Love' Is Not An Acceptable Ingredient For Food Products
Thursday, October 5, 2017 - 10:13am | 360The secret ingredient to the perfect baked product is love. Just don't put that on a list of ingredients because the U.S. Food and Drug Administration is cracking down on this activity, The Washington Post reported. A bakery in Massachusetts has been ordered by the regulatory body to longer include...