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Business News

Location American Business News for 30 June 2022
Indian Bank hikes MCLR by 15 bps, EMIs to go up. Check new rates here MCLR rates are hiked by 15 basis points on various tenures. The Treasury Bills Linked Lending Rates (TBLR) are hiked by 40-55 basis points on various tenures.
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Prudential's Creative Account Leaps From StrawberryFrog to McCann Prudential worked with StrawberryFrog on last year's "Who's Your Rock?" campaign, which revived the insurers iconic Rock of Gibraltar logo first used in 1896. In the campaign, StrawberryFrog positioned Prudential as a su...
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Student Loan Forgiveness: Biden Could Extend Limited Waiver This could be huge for student loan forgiveness.
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One of Frank Lloyd Wright's 'bootleg houses' in Oak Park sells for $920,000 An Oak Park house that was designed by architect Frank Lloyd Wright sold on June 27, 2022, for $920,000.
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Mars Inc gets the purpose v profit balance right

The Economist - 30 Jun 2022 13:58
Showy corporations should learn from the low-key, family-owned mammal-feeder
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Sunshine and Glistening Seas on the Cover of Your Beach Read Might Mask Something Darker Publishers put a blue sky and sand dunes on the cover no matter the subject; 'The Hemlock Sisters' becomes 'The Sunshine Sisters.'
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McCain Pulls Tongue-In-Cheek Ad Starring British Drag Queen Baga Chipz Earlier this year, McCain Foods enlisted performer and RuPaul's Drag Race UK star Baga Chipz as its "creative director." Now, the brand has pulled one of the ads following complaints from the public of "misogynistic" and...
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Whether or not they work, herbal remedies are a healthy business
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BREAKING: Grayscale launches legal challenge to Bitcoin spot ETF rejection A similar decision was also made on Wednesday regarding Bitwise's Bitcoin exchange-traded product (ETP) citing the same reasons.
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How Motilal Oswal's Pratik Oswal makes his money grow Oswal swears by the 'invest and forget' mantra, invests close to 100% of his savings in equities
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As Housing Costs Soar, A Revolution In Affordable Homes Some 6% of homes in the U.S. are manufactured. Next Step Network works to expand access to energy-efficient, factory-built homes and support homeowners.
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Treasury Bonds Rally at End of Second Quarter

Wall Street Journal - 30 Jun 2022 20:57
Benchmark 10-year yield falls below 3% with investors wary of an economic downturn.
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Mike Tyson, Chad Bronstein Raise $9 Million Series A For Tyson 2.0 Tyson 2.0., a cannabis brand co-founded by Mike Tyson, closes an oversubscribed $9 Million Series A led by JW Asset Management.
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Samsung is bringing the Amazon Luna cloud gaming service under the growing umbrella of the Samsung Gaming Hub.
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Should Shopify And Amazon Be Worried About Pinterest's New CEO? Pinterest wants in on the e-commerce pie--and here's what that means for tech investors.
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Grayscale Files Lawsuit Against SEC Over Spot Bitcoin ETF Rejection Grayscale Investments, the world’s largest digital currency asset manager, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) challenging the securities regulator’s decision to reject its a...
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The drugstore reiterated its forecast for the year after seeing online purchases jump and retail sales bounce back in the quarter.
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OPEC, Allies Agree to Boost Output Ahead of Biden's Saudi Visit

Wall Street Journal - 30 Jun 2022 17:11
OPEC and its allies agreed to boost oil production, endorsing a plan they announced earlier this month that has done little to alleviate concerns over supply ahead of President Biden's visit to Saudi Arabia in July.
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Should You Buy Johnson & Johnson Stock At $177? After a 3% rise year-to-date, at the current levels, we believe Johnson & Johnson stock (NYSE: JNJ) has only a little room left for growth.
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The Fed's Preferred Inflation Gauge Moderated Slightly in May. The Personal Consumption Expenditure index, which the central bank officially targets, has been running hot for more than a year.
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Apple CEO Tim Cook slammed for gushing interview with Chinese 'propaganda rag' A Republican congressman lashed out at Tim Cook for giving an interview earlier this month to a Chinese state-owned media entity in which the Apple chief executive praised China’s software and app developers as “insp...
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Billionaire Professor Lost More Than $2 Billion In One Day As Shares Dive On Lockup Expiration Tang Xiao'ou, the billionaire professor behind Chinese artificial intelligence giant SenseTime, saw his wealth plunge by $2.4 billion in just one day, as shares in his Hong Kong-listed company dove as much as 51% after a...
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