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Business News

Location American Business News for 29 June 2021
Banks will boost payouts to shareholders after the Fed's all-clear. Morgan Stanley and Wells Fargo said they would double their dividends. Other major banks offered more modest increases.
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More than $1 million has been raised for families impacted by the Florida condo collapse "An entire life working and now it's crumbled and it's rock and it's debris and it's nothing," Michael Capponi told the Post.
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Government Antitrust Lawsuits Against Facebook Dismissed by Federal Judge A federal judge ruled that the Federal Trade Commission and states didn't make valid claims that Facebook engaged in unlawful monopolization.
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Tableau is introducing new features designed to extract business insights from data across multiple sources.
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Walmart says its own brand of insulin will save customers up to 75% compared to other diabetes treatments.      
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20 high-paying, low-stress jobs that are growing in the 2020s Chemical engineers have a lower than average need for stress tolerance and are projected to grow by 4.4% between 2019 and 2029.
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Crypto 'Undo Button' Creator Kirobo Gives You Control Over Your Money Have you ever dreaded pressing ‘send’ on a crypto transaction, fearing you might have entered a wrong address by mistake? Kirobo is the innovative company that developed a solution for that, in the form of an ‘undo...
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Declan Kelly Resigns as C.E.O. of Teneo, an Influential Advisory Firm The firm's chief operating officer, Paul Keary, will replace Mr. Kelly, effective immediately, the company's board said on Tuesday.
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Bitcoin price nears $36K as altcoins make 10% gains

Coin Telegraph - 29 Jun 2021 14:20
Bitcoin price nears $36K as altcoins make 10% gains Double-figure returns not uncommon for altcoins on Tuesday, with Bitcoin facing major resistance on its way toward $40,000.
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The recent failure of U.S.-based Archegos Capital Management could be a sign of how more investors might get tripped up by overreacting to inflationary risks, the global club of central banks warned.
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Steel sector may be saddled with up to $70 billion stranded assets: Report The global steel industry may have to write down up to $70 billion in assets in the coming years because it is still building new blast furnaces using coal that will become obsolete as the world cuts carbon emissions
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South African man accused of stealing $3.6B in bitcoin claims much less is missing The South African cryptocurrency entrepreneur, who was accused along with his brother of stealing $3.6 billion worth of bitcoin, claimed that much less than that is missing from investors' wallets.
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Deutsche Bank Stock Is Likely To Trade Sideways Deutsche Bank stock, a leading global investment bank, gained roughly 22% - increasing from about $11 at the beginning of 2020 to around $13 currently, outperforming the S&P500, which grew 14% over the same period. There...
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How To Build A Loyal Following For Your Brand Success in the digital marketplace requires a multifaceted approach to building a customer base. In the age of social media and e-commerce, entrepreneurs need to know how to find, connect with, and maintain the right set...
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It's a sign banks at the moment see few places to put profits other than back into the hands of shareholders
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Nerf TikTok Tourney to Hyper Blast Winners to VidCon 2021 Nerf is looking for eight people who really know how to Hyper blast. The Hasbro brand is encouraging TikTok users to submit videos showcasing their Nerf Hyper blasting skills in creative ways, with the original Nerf Hype...
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Adversaries are looking for vulnerable hosts, Aqua Security research found, as 50% of new Docker instances are compromised within 56 minutes.
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Hotwire's First Ad Push in 4 Years Wants You to Travel 'Beyond Your Wildest Means' Pop star Jason Derulo needs a getaway because his infant son tinkles on him during diaper changes. We know this because he made a TikTok video about it, emphasizing the familiar sight gag of projectile baby pee that spra...
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Facebook Rulings Leave Big Tech in Crosshairs

Wall Street Journal - 29 Jun 2021 02:13
The social-media giant's victory shows governments' big tech crackdowns aren't a slam dunk but remain a threat.
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Crypto Mining Rigs 'Selling Like Scrap Metal' as Mainland China Mood Darkens The price of crypto mining hardware is plummeting in China, with reports of mining rigs selling "like scrap metal" on the Mainland as Crypto Crackdown 2.0 is forcing local mining companies to close down. Per Odaily, as w...
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Duolingo reported that its revenue more than doubled from 2019 to 2020, and in its most recent quarter that ended in March.
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Diageo-Funded Distill Ventures Earmarks $5 Million To Back Diverse Producers The flagship initiative is a robust pre-accelerator program for spirits industry founders from underrepresented groups.
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