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Business News

Location American Business News for 15 July 2020
Real estate reckoning: Removing 'master' from listings is just one step in the fight for racial equity. Here's what comes next. The Chicago real estate industry ponders whether to stop using "master" in listings, and calls for systemic changes to promote equity.
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America's unemployed are about to lose $600-a-week coronavirus lifeline. 'I don't know what will happen.' Without the additional $600 a week in unemployment aid, some of the households hit hardest during the COVID-19 pandemic may be forced to choose which bills to pay and which to let slide.
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Ivanka Trump's Tweet Endorsing Goya Foods Was Shameless -- And Possibly Illegal? Amidst an ongoing calls for a boycott of Goya Foods, President Trump's daughter, Ivanka Trump took to Twitter on Tuesday to express support for the Spanish-owned food company. By doing so, she might have broken the law.
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Plans to more aggressively tax homeowners with multiple expensive properties, and those flipping homes within the first two years of ownership, are the latest in a barrage of efforts to cool booming property markets.
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Chipotle to Hire 10,000 Employees as it Adds Drive-Through Lanes The burrito chain plans to hire as many as 10,000 people over the next few months as it adds more drive-through lanes for people placing digital orders.
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It almost doesn't sound like news anymore: Mortgage rates fell to another record low last week, and that reinvigorated refinance demand. Homebuyers, however, took a step back.
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CNBC's Robert Frank talks with Anupam Singhal of Monaeo to dicuss how the app shows the flux of wealthy New York City residents leaving the city amid the pandemic.
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Robinhood has raised an additional $320 million despite recent setbacks This story was delivered to Insider Intelligence Fintech Briefing subscribers earlier this morning. Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry with the Fintech Brie...
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U.S. stocks rose at the start of Wednesday's trade, on optimism about progress on a COVID-19 vaccine candidate despite rising U.S. cases, while investors are digesting earnings reports and monitoring U.S.-China tensions.
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Blue Bunny Wants to Bring Some Sunshine to This Abnormal Summer Due to the pandemic, the summer of 2020 has turned into a season of stress and canceled plans. Attempting to tap into the current moment and provide a little levity, ice cream brand Blue Bunny has teamed up with experien...
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Here Are the 2,085 Agencies That Received PPP Loans of $150,000 or More There are approximately 14,000 agencies in the United States, at least in terms of how the federal government lumps together creative, media and other shops. Of those, 2,085--representing 15% of the industry--have receiv...
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Promising Vaccine News From Moderna, Bumper Quarter At Goldman Cheer Wall Street The stock market rally is continuing this morning on help from promising potential-vaccine news from Moderna and an earnings report from Goldman Sachs that blew away expectations.
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Dow rallies 300 points on positive vaccine-trial data, blockbuster Goldman earnings US stocks rose Wednesday after drugmaker Moderna announced an early coronavirus vaccine trial produced antibodies in all participants. Major indexes were also lifted by strong quarterly earnings from Goldman Sachs, which...
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Bankrupt JCPenney, Other Retailers, Slash Payrolls As Covid-19 Keeps Shoppers At Home All the blame for retail's current woes doesn't go to the coronavirus, but it certainly didn't help brands already saddled with big debt loads.
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S4 Capital Hopes to Raise $126 Million to Further Expand Through Mergers Martin Sorrell's S4 Capital proposed a new share offering today in hopes of raising $126 million (or 100 million euros) to further its expansion through mergers and acquisitions. The disclosure was made as part of S4 Cap...
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The Art of the Uncooked Summer Dinner

The New Yorker - 15 Jul 2020 22:55
Helen Rosner writes about the art of the uncooked summer dinner in heat and humidity and shares a recipe for homemade ginger-lemon popsicles.
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The top 16 companies using artificial intelligence to revolutionize drug discovery, according to experts Samantha Lee/Business Insider Historically, discovering new drugs can cost companies billions of dollars and take longer than a decade. Now, artificial intelligence promises to significantly speed up early research into ...
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Rahul Munjal-led Hero Future plans to sell the stake to raise capital for the company's expansion
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South Africa Proposes New Rules to Regulate Cryptocurrencies, Seeks Alignment With FATF Standards South Africa is proposing new rules around crypto-asset service providers (CASP) as it seeks to align regulations with standards of the Financial Action Task Force (FATF). The proposed rules are part of amendments to the...
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Digital dollars can promote a more inclusive financial system, or they can contribute to already-growing economic inequality in the U.S.
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Winners will be announced on Friday, July 17 beginning at 3:55 pm. Awards will be made in 5 categories from Responsibility & Ethics of AI to AI Mentorship.
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About 4 million homeowners are currently in some type of mortgage forbearance program. But experts say those who are seeking relief with private lenders may have a more challenging road ahead because the terms and offeri...
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