Category: News
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Elon Musk Drops Lawsuit Against OpenAI
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Elon Musk unexpectedly asked to dismiss his lawsuit against OpenAI and its CEO Sam Altman, which claimed the AI company abandoned its original mission to develop artificial intelligence for the benefit of humanity. The filing submitted by Musk’s legal team did not provide any reasons for the withdrawal. The move…
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Travel Insurance Costs: What You Need to Know Before Your Next Trip
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This section is Partnership content provided The content in this section is provided by GlobeNewswire for the purposes of press release distribution on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumb links Globe Newswire Article writer: Posted on June 12, 2024 • 3 minutes…
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Altshuler Shaham enters non-bank credit
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Investment house Altshuler Shaham announced today that the group’s public company, Altshuler Shaham Finance (TASE: ALTF), headed by Yair Levenstein, has signed an agreement to purchase the business of Credit Team, which holds a license from the Capital Markets, Insurance and Savings Authority to provide credit. Under the agreement, Altshuler…
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2 Stocks That Will Be Worth More Than Apple 10 Years From Now
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Well, it’s official: another company has outdone you apple’s (Nasdaq: Apple) Market value. last week, Nvidia It became the second largest American company, after only Microsoft. This was another blow to Apple, whose revenues remain flat Stuck in neutral. She is facing Federal antitrust lawsuit. In fact, given Apple’s difficulties…
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4 stocks to watch on Wednesday: AVGO, BIRK and more
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JHVEphoto US stock index futures skyrocketed on Wednesday, after the latest consumer inflation report came in lower than expected. Market participants are also looking forward to the Federal Reserve’s monetary policy decision later in the day. Here are some stocks to watch Wednesday: Broadcom (AVGO) will be in the spotlight,…
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Tokyo apartment block to be demolished for blocking Mt. Fuji view
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A newly constructed apartment building in a Tokyo suburb will be demolished in the month before the apartments are handed over to buyers, after angry locals complained that the building blocked their view of Mount Fuji. The 10-story apartment building on Fujimi Street — which translates to “Fuji View” —…
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Easy Life band forced to rebrand following legal battle with EasyGroup
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The band formerly known as Easy Life was rebranded as Hard Life after a legal dispute with EasyGroup, owners of the airline brand EasyJet. The Leicester-based indie band, which was founded in 2017, made the announcement to coincide with the release of their new single “Tears”. Frontman Murray Matravers expressed…
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Stallion Uranium Highlights Prospectivity of Intersected Conductive Structure at Appaloosa Target
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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 Jun 12, 2024 • 8 minute…
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Police probe alleged political favors at Transport Ministry
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The Israel Police’s National Fraud Squad (Lahav 433) today launched an investigation into suspicions of fraud and breach of trust at the Ministry of Transportation, following the investigative program “Hamkor” hosted by Channel 13 news journalist Raviv Drucker. This morning, police investigators raided the offices of the Ministry of Transport…
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Canadian Western Bank stock downgreaded by BMO post-acquisition deal By Investing.com
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On Wednesday, BMO Capital revised its position on… Western Canadian Bank (TSX::CN) (OTC: CBWBF), downgraded the stock from outperform to market perform, while simultaneously raising its price target to C$52.00 from C$35.00. This review follows the announcement on Tuesday that Canadian Western Bank has entered into an agreement to be…
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Traders in Wait-and-See Mode Before US CPI, Fed: Markets Wrap
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(Bloomberg) — European stock futures rose while Asian shares fell, as the double whammy of an upcoming U.S. inflation report and a Federal Reserve decision kept traders on edge. Most read from Bloomberg Hong Kong’s stock index fell more than 1%, with auto stocks leading the decline ahead of the…
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China’s consumer prices rise less than expected in May, PPI deflation eases
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Funtap/iStock via Getty Images China’s consumer prices rose at a steady rate in May, while producer price deflation moderated slightly, indicating that measures taken by the Chinese government to stimulate the economy are beginning to show positive results. China’s annual inflation rate was 0.3% in May 2024, unchanged The index…
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China’s consumer prices rise less than expected in May, PPI deflation eases
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Funtap/iStock via Getty Images China’s consumer prices rose at a steady rate in May, while producer price deflation moderated slightly, indicating that measures taken by the Chinese government to stimulate the economy are beginning to show positive results. China’s annual inflation rate was 0.3% in May 2024, unchanged The index…
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SOL and DOGE are bearish but there’s “good news”: Analyst
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Solana (SOL) and Dogecoin (DOGE) face downward pressure as the broader cryptocurrency market reflects lower Bitcoin prices. As Bitcoin (BTC) hovers near the $66,000 threshold, Solana price is approaching a key level while Dogecoin is trading at a lower level in line with the broader altcoin sector. Solana price today…
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Amazon drivers file 15,000 claims alleging they were shorted on pay
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Thousands of delivery drivers have filed legal claims against them Amazon on Tuesday, alleging that the company’s classification of them as independent contractors rather than employees resulted in unpaid wages and other financial losses. About 15,860 Amazon Flex drivers have filed arbitration claims with the American Arbitration Association, where 453…
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How commercial parastatals will change in planned law
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Treasury Minister Njuguna Ndongo has put forward far-reaching legal changes that seek to provide a new framework for establishing, monitoring and measuring the performance of government-owned companies. The Government-Owned Enterprises Bill 2024 seeks to reform governance structures and strengthen the accountability of state-owned commercial enterprises where they control more than…
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Can the rise in re-commerce help create a more sustainable retail sector?
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Shopping habits are changing. Consumers are increasingly choosing to buy or rent used items rather than new. Digital marketplaces are making this easier, with 80% of refurbished goods now purchased online. The trend is set to grow, with 44% of people saying they are buying more second-hand items, and Barclaycard…
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Judges hear Elizabeth Holmes’ appeal of fraud conviction while she remains in Texas prison
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Breadcrumb links BMN Business Article writer: Associated Press Michael Liedtke Posted on June 11, 2024 • 3 minutes read You can save this article by registering for free here. Or log in if you have an account. Article content SAN FRANCISCO (AP) — A panel of federal judges spent two…
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Bnei Brak BBC high-rise to be built after dispute resolved
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The dispute has been settled and the construction of a high-rise office project in Bnei Brak can proceed. Barak Hills Limited, owned by Haredim Businessman Shlomo Teitel recently acquired the rights from some owners of a 1,553 square meter plot of land in the BBC area of Bnei Brak. After…