Category: News
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Appeals court rules in favor of LKQ in patent dispute with GM (NASDAQ:LKQ)
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A federal appeals court overturned a previous court decision that ruled in favor of General Motors (New York Stock Exchange: General Motors(in its patent dispute with LKQ)Nasdaq:LKQ), and recommending that the case be returned to the US Patent Office For further review. The case arose when General Motors (GM) sued…
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Wendy’s rolls out $3 breakfast combo
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As customers pull away from eating fast food due to rising prices, a number of chains are offering offers to lure those customers back. Now Wendy’s has joined the trend, but it’s taking the price wars to a different meal. Wendy Announce A new breakfast combo will give customers potatoes…
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NHIF managers move to court, claim juniors earning more
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Senior managers of the National Hospital Insurance Fund (NHIF) have taken to court alleging salary discrimination that left some members in the lower cadre earning more than them. In a case brought under expedited testimony, management employees claim that salary increases over the years have favored unionized employees negotiating better…
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University Joins £3m Campaign to Drive Midlands Economic Growth
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The University of Lincoln, UK, has joined a pioneering coalition of 17 universities to support a £3 million international campaign launched this week to drive economic growth in the Midlands. Each year the University contributes more than £400 million to the local economy and has built long-term, sustainable relationships with…
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Fortescue Excluded From World’s Biggest Hydropower Plant Development
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Breadcrumb links PMN works A company owned by Australian mining billionaire Andrew Forrest will not develop the world’s largest hydropower project in the Democratic Republic of Congo, according to the office of President Felix Tshisekedi, who has replaced the company with a Nigerian oil producer. Article writer: Bloomberg News Michael…
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Will Tesla Stock (NASDAQ:TSLA) Tread Water Until the Robotaxi Unveiling?
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I’m pessimistic about Tesla (Nasdaq: Tesla), and I can’t help but think that Elon Musk’s announcement regarding Detecting a robotaxi On August 8 it is something of a distraction. So why is Musk distracting us? Well, car sales are slowing, margins are falling, and Tesla’s dominance in the EV sector…
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European markets dip after UK inflation misses forecast (EUR:USD)
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Da-kook/E+ via Getty Images LONDON (UKX) -0.45% UK inflation fell to 2.3% in April, higher than market expectations of 2.1%. However, it is the lowest since July 2021. UK public sector net borrowing rose to £20.5 billion in April. Germany (DAX:IND) -0.20% France (CAC:IND) -0.43% Sweden’s unemployment rate rose to…
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Formula 1 wants Monaco to shell out more to host opulent Grand Prix
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Liberty Media Corp, which owns the Formula 1 racing business, is seeking additional funds from the Principality of Monaco as part of advanced talks to reach a new contract to extend the historic motor race beyond 2025. Monaco pays about $20 million annually to host the event, the lowest total…
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State invests housing levy billions in Treasury bonds absorption
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The government is investing Sh20 billion raised from the affordable housing levy in treasury bills and bonds, indicating a low absorption rate of funds allocated to build cheaper homes for low- and middle-income families. Bonds are medium to long-term government securities and purchasing them indicates that the government is collecting…
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IIHS, Consumer Reports name safe, affordable vehicles for teens
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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 May 22, 2024 • 9 minute…
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Haredi men’s employment rate falls
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According to data from the Central Bureau of Statistics, the employment rate among Haredi men (ultra-Orthodox Jews) in Israel decreased to 54.3% in the first quarter of 2024 from 56.7% in the fourth quarter of 2023. The percentage stabilized in the past decade at about 50%, but it began to…
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Japan’s exports pick up on weak yen but business mood stalls By Reuters
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By Tetsushi Kajimoto TOKYO (Reuters) – Japan’s exports rose for a fifth straight month in April, supported by a weak yen, but shipment volumes struggled as growth was affected by weak demand, government data showed on Wednesday. The trade data clouds policymakers’ hopes that exports will offset weak domestic consumption.…
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I’m the beneficiary on my ex-husband’s $250,000 life insurance. He’s now threatening to change it. Is he in breach of our divorce decree?
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“He was never faithful in our marriage, took pride in annoying the people he was with and not paying his bills.” (Subject of photo is a model.) – Getty Images/iStockphoto Dear Quentin, My ex-husband has a $250,000 life insurance policy. I am 50 years old and only have $45,000. When…
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Vermont governor stings bee supporters by vetoing ban on widely used pesticide
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Republican Vermont Gov. Phil Scott has vetoed a bill that would severely restrict a type of pesticide that is toxic to bees and other pollinators, saying the legislation is “more anti-farmer than pro-pollinator.” The bill would have banned the use of neonicotinoids – commonly called “Neonics” – as well as…
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CBK approves LemFi, Flex Money Transfer partnership
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RightCard Payment Services Limited, operating under the name LemFi, is pleased to announce that it has received additional approval from the Central Bank of Kenya (“CBK”) to operate remittances to Kenya. This development also demonstrates RightCard’s commitment to providing safe and efficient services by partnering with trusted local partners while…
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BT Scraps Digital Landline Switch Deadline Amid Vulnerability Concerns
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BT has significantly delayed its plans to switch customers from traditional copper-based landlines to internet-based services, following concerns about the impact on vulnerable individuals. It was initially scheduled to be completed by the end of 2025, but the switch has now been postponed until the end of January 2027. The…
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Canadian Net REIT Announces 2024 First-Quarter Results
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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 May 21, 2024 • 8 minute…