Category: Facing
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Retailing giants are facing new pushback following their DEI retreats
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Some giant retailers who now have DEI policies now feel some fatigue from their customers and investors. TARGET (TGT) and Walmart (WMT) were among many companies that have announced modern diversity, a list that also includes Google (Google), Meta (Meta), McDonald’s (MCD), Amazon (AMZN) and Jarra (TSCO). Now all of…
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Record surge in UK businesses facing severe financial distress as costs climb
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The number of companies in the United Kingdom in critical financial troubles jumped through the record by 50.2 percent quarterly to 46,853 in the last three months of 2024, according to new data from the insolvency specialist Bigbis Treenor Construction and consumer companies carry the burden of this distress, which…
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JPMorgan, Wells Fargo, BofA facing federal lawsuit over Zelle payment network fraud
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A federal regulator sued JPMorgan Chase, Wells Fargo and Bank of America on Friday, alleging that the banks failed to protect hundreds of thousands of consumers from rampant fraud on the popular payments network Zelle, in violation of consumer financial laws. In the federal civil complaintThe Consumer Financial Protection Bureau…
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Bitcoin Is Facing A Correction But Remains Bullish – Metrics Confirm Further Upside
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Bitcoin has seen a 9% bounce from its all-time high of $99,800, but its long-term bullish structure remains intact. Although this correction is notable, it has not dampened investors’ optimism, as many are willing to buy the dip and push Bitcoin beyond the $100,000 mark. According to key metrics shared…
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India’s opposition protests against billionaire facing US bribery and fraud charges
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Breadcrumb links PMN PMN works Article writer: Associated Press Shonal Ganguly and Manish Swarup Posted on November 25, 2024 • 2 min read You can save this article by registering for free here. Or log in if you have an account. Article content NEW DELHI (AP) — Hundreds of supporters…
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Federal Reserve is set to cut rates again while facing a hazy post-election outlook
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Breadcrumb links PMN BMN Business Article writer: Associated Press Christopher Rugaber Published on November 3, 2024 • 4 minutes read You can save this article by registering for free here. Or log in if you have an account. FILE – Federal Reserve Chairman Jerome Powell speaks during a news conference…
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Chart Art: USD/CHF Is Facing A Major Resistance At .8700!
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USD/CHF does not appear to be breaking through the major technical resistance area! Is it time to short the dollar against its safe-haven counterpart? We take a closer look at the daily chart! USD/CHF 1 Hour Forex Chart by TradingView The US dollar does not appear to be maintaining its…
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Bitcoin Facing Potential Capitulation Amid On-Chain Liquidity Squeeze, Analyst Says
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This article is also available in Spanish. According to a cryptocurrency analyst, Bitcoin (BTC) may be heading towards capitulation due to tightening on-chain liquidity. However, this capitulation could be followed by a “full bull” market. Bitcoin headed lower before rising In detail string In an X on BTC price analysis,…
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Ethereum Co-Founder Identifies Top Risks Facing Tech Today
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Vitalik Buterin, one of the co-founders of Ethereum, has sounded the alarm about several emerging threats to technological freedoms, and thus a number of the cryptocurrency community’s core values. In a blog post, Buterin warned of political attacks on encrypted messaging, centralized identity systems, insecure operating systems, and the growing…
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Ethereum Co-Founder Identifies Top Risks Facing Tech Today
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Vitalik Buterin, one of the co-founders of Ethereum, has sounded the alarm about several emerging threats to technological freedoms, and thus a number of the cryptocurrency community’s core values. In a blog post, Buterin warned of political attacks on encrypted messaging, centralized identity systems, insecure operating systems, and the growing…
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Bitcoin Market Facing A Persistent Net Sell-Side Bias, Glassnode Reveals
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Opeyemi is a skilled writer and passionate about the exciting and unique world of cryptocurrencies. Although the digital asset industry was not his first choice, he has been fully drawn to it since he entered the field over two years ago. Now, Opeyemi prides himself on creating unique pieces that…
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Charles Hoskinson Announces Mithril Upgrade While Cardano Is Facing Increasing Scrutiny And Scams
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In the ever-evolving landscape of blockchain technology, the Cardano network, led by visionary Charles Hoskinson, has been making waves with its innovative upgrades and ambitious roadmap. The latest development to captivate the crypto community is the long-awaited Mithril upgrade, which promises to revolutionize Cardano’s scalability and decentralization. However, as the…
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Bitcoin Season Two Proposals Facing Early Headwinds
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If you haven’t been around for a while, it’s hard to fully appreciate how quickly narratives in this industry can change, especially when you’re trying to catch up. Trends get old, memes get boring, and it’s fair to say that this year’s frenzy is currently feeling the pressure of Bitcoin’s…
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Bitcoin Season Two Proposals Facing Early Headwinds
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If you haven’t been around for a while, it’s hard to fully appreciate how quickly narratives in this industry can change, especially when you’re trying to catch up. Trends get old, memes get boring, and it’s fair to say that this year’s frenzy is currently feeling the pressure of Bitcoin’s…
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Deadly tax protests leave Kenya facing IMF fallout
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Parliament on Tuesday approved the controversial Finance Bill 2024, backing recommendations to withdraw some taxes, including taxes on bread, airtime and cars, which were part of a package of reforms Kenya agreed to implement in a deal with the International Monetary Fund. The vote on the amended revenue increase bill…
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Cold Stone Creamery is facing a legal battle after a New York woman discovered that her ‘pistachio’ ice cream contained no real pistachios
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Is it crazy to assume that a scoop of pistachio ice cream has to contain real pistachios? Or how about real butter in a bowl of butter pecans? Such important questions about the favorite summer dessert could soon be decided by the courts. A New York federal judge has given…