Category: News
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Heatwave deaths expose air conditioning crisis: Elderly and minorities most at risk
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Mexican farmworker Avelino Vasquez Navarro did not have air conditioning in the mobile home he died in last month in Washington state when temperatures soared into the hundreds of degrees. For the past 12 years, the 61-year-old has spent most of the year working near Pasco, Wash., sending money to…
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Forexlive Americas FX news wrap 2 Aug: Bond market cuts rate for Fed after weak jobs data
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After some amazing earnings/revenue numbers from Amazon after the shutdown (revenue declines and slower consumer concerns), and a day of bad news yesterday, markets got another dose of “weakness” today in the US jobs report. The US nonfarm payrolls report for July 2024 showed a gain of just 114,000 jobs,…
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Win for Moi estate as Supreme Court overturns Sh1 billion payout
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The Supreme Court has overturned a Court of Appeal ruling that ordered the estate of former President Daniel Moi and businessman Jaswant Rai to pay more than Sh1 billion to an Eldoret family for allegedly seizing their land in 1983. The family of Noah Chilugwe, the former leader who died…
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Morrisons tests raising freezer temperatures to cut energy costs and emissions
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Morrisons is trialling an innovative approach to saving energy and cutting costs by raising the temperature of its fridge freezers by 3 degrees Celsius. The move represents the first deviation by a UK supermarket from the industry standard, which has remained unchanged for almost a century. The Bradford-based retailer will…
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Imperial Oil remains confident in renewable diesel project; construction progresses
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Breadcrumbs Path Links BMW PMN Business BMN Energy Company Article author: Canadian Press Amanda Stevenson Published on August 2, 2024 • Read for 3 minutes You can save this article by registering for free here. Or log in if you have an account. The Imperial Oil logo is seen at…
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Amazon stock tumbles 8% as profit, revenue outlook disappoints
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Amazon (AMZN) stock fell 8% in afternoon trading Friday after the retail and cloud giant delivered current-quarter forecasts on Thursday that missed expectations on both the top and bottom lines. The disappointing returns were compounded by a weak July jobs report, which sent the tech world and the broader market…
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Intel leads chip stocks decline after results, outlook weighs on investor sentiment
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Sefa Ozil Intel CorporationNASDAQ:INTC) chip stocks fell Friday after the company’s second-quarter results and guidance rattled investors and analysts alike. arm (army) -8%Micron (MU) technology -7%semiconductors (ON) -5%Taiwan Semiconductor Manufacturing Company (TSM) -5%Analog devices (Adi) -4%NXP Semiconductor Corporation (NXPI) -4%Broadcom (I am bored) -3%Texas Instruments, Inc.TXN) -3%Nvidia (NVDA program) -1%and…
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Best online checking accounts for August 2024: our top 10 picks
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Finding the ideal checking account can feel similar to finding a needle in a haystack. Each competes for your business by offering extras, such as checking account bonuses or rewards points for certain activities. So, how do you narrow it down? We’ve done the research and have come up with…
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Inflation dips to 46-month low on falling food, energy costs
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Kenya’s consumer prices rose at the slowest rate in 46 months in July, mainly due to lower average food and energy prices, official data showed. Inflation – a measure of the increase in the cost of goods and services compared to the previous year – fell to 4.3 percent from…
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new tribunal ruling sheds light on HR and employment law risks
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BBC Director General Tim Davie faced tough questions over his handling of the Hugh Edwards investigation. Among the points raised by Culture Secretary Lisa Nandy were why Mr Edwards was not sacked when the BBC learned of his arrest and why he received a pay rise during this period. A…
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DIRTT Announces Debenture Repurchase, Enters into Support Agreement and Amends Shareholder Rights Plan
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This section is Partnership Content supplied The content in this section is supplied by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by GlobeNewswire Breadcrumb Trail Links GlobeNewswire Author of the article: Published Aug 02, 2024 • 12 minute…
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US antitrust probe endangers Nvidia – Run:ai deal – report
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The US Department of Justice is conducting an antitrust investigation into US AI chip giant Nvidia Corp.’s acquisition of an Israeli AI infrastructure management company. Run: You haveIn fact, the investigation is jeopardizing the completion of the $700 million acquisition, Politico and the Financial Times reported. Tel Aviv-based Run:ai, founded…
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JPMorgan cuts Booking Holdings shares target, cites slower bookings growth By Investing.com
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On Friday, JPMorgan Chase revised its price target on Booking Holdings Inc. (NASDAQ:BKNG) shares to $3,860, down from $4,025, while maintaining an “overweight” rating on the stock. The company’s analysis cited a mix of results from the company’s second-quarter performance and future expectations. Booking Holdings reported a 7% year-over-year increase…
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JPMorgan cuts Booking Holdings shares target, cites slower bookings growth By Investing.com
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On Friday, JPMorgan Chase revised its price target on Booking Holdings Inc. (NASDAQ:BKNG) shares to $3,860, down from $4,025, while maintaining an “overweight” rating on the stock. The company’s analysis cited a mix of results from the company’s second-quarter performance and future expectations. Booking Holdings reported a 7% year-over-year increase…
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CrowdStrike Crashed More than 30% — 2 Reasons to Buy the Stock and 1 Reason to Sell
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Last month, Crowd Strike (NASDAQ: CRWD) Microsoft Corp. has faced one of the biggest nightmares for tech companies: The cybersecurity giant released a flawed software update that shut down operations for customers around the world, in what experts are calling the largest IT outage in history. Companies faced blue screens…
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Arc Resources GAAP EPS of C$0.40; reaffirms FY24 outlook
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Arc Resources (OTCPK:AETUF) Press Release: Q2 GAAP EPS of $0.40 CAD. ARC achieved production in the second quarter of 2024 of 330,046 barrels of oil equivalent per day (65% natural gas and 35% crude oil and liquids), in line with the high end of the second quarter production guidance range…
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The European Commission is banning staff from free tickets for the Olympics, Euros and Eurovision
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Even if it would be nice to be offered something at no cost, the staff at the European Commission, the EU’s executive arm, can no longer accept it – whether it’s Olympic tickets or concert tickets. The commission reportedly told its staff in an email that it would ban the…
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Government scheme boosts UK chip start-ups with £10 million funding injection
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The UK government’s ChipStart programme has enabled semiconductor start-ups to secure over £10m in private investment and grants, with nearly £20m in total commitments. This initiative works to promote innovation in various fields, from the efficiency of artificial intelligence to advanced healthcare technologies. Eleven semiconductor start-ups have joined the second…