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Business News

Location American Business News for 23 November 2022
Elon Musk belongs to an exclusive Hollywood club that forbids members from taking pictures. Here's everything we know about the San Vicente Bungalows. Musk is a member of the San Vicente Bungalows, a Hollywood Club where members can face penalties for using their phones or taking photos.
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It is reviving the Soviet-era Moskvich brand, though the car's design has been updated.
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Judge recommends cushy prison 'camp' with 'no walls, bars, or fences' for Elizabeth Holmes Holmes, 38, was sentenced to 135 months in prison after she was convicted of defrauding investors who backed her bogus blood-testing company.
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Canada to add 1.45 million immigrants by 2025 in face of aging population and low birthrates
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WGN-Channel 9 anchor Robin Baumgarten buys home in Lemont, sells another in Orland Park Baumgarten has been with Channel 9 since joining the station as a traffic and transportation reporter in 1996
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Maneskin A Thrill In Chicago As First Headlining U.S. Tour Continues Amidst their first headlining U.S. tour, Italian rockers Måneskin moved their summer festival set indoors, putting forth a live performance driven by unpredictability as the 'Loud Kids Get Louder' tour stopped at Chicag...
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Macy's vs. Kohl's: Evaluating Two Of The Top Holiday Retailers Macy's and Kohl's are two major retailers that recently beat earnings per share expectations despite falling sales. Let's break down the investment opportunities going into the holiday season.
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The many hands that make good wine: A day in the life of an Oregon vineyard harvest Before the grapes turn into Oregon's renowned pinot noir, someone has to harvest them. This is what it looks like.      
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Here we go again --- the bestselling author and the new Twitter owner have exchanged barbs online before
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Blacking Out: Will Russian Strikes Cut Off Ukraine's Power Supply? Electricity blackouts have become increasingly common in Ukraine over the last few weeks as Russian missile and drone strikes have been focused on the country's power infrastructure. Just how effective is this strategy?
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Institutional investors piled into America's housing market after the pandemic – but high prices and rising interest rates are dampening demand.
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FTX's bankruptcy hearing is underway and the details are wild. Here's what to know. FTX kicked off its bankruptcy hearing on Tuesday, and the initial statements give Sam Bankman-Fried and company little to cheer.
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There was a bear flattening of the curve as short-end yields rose and long-end yields fell ahead of Fed minutes.
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Bitcoin Price and Ethereum On The Rise, El Salvador to Issue Bitcoin Volcano Bonds On November 23, the leading cryptocurrency, Bitcoin, showed signs of new recovery, having broken through the downward trendline and 50-day moving average to trade near $16,500. Similarly, Ethereum, the second-most valuab...
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Coming Soon: Lower Oil Prices Courtesy Of A Slowing Global Economy It is likely that the price of crude oil, which has remained between $80 and $90 per barrel for quite some time, will break to the downside as economic conditions deteriorate.
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JPMorgan Chase Granted Wallet Trademark Covering Various Virtual Currency and Crypto Payment Services The United States Patent and Trademark Office (USPTO) has granted JPMorgan Chase Bank’s trademark registration for “J.P. Morgan Wallet” for use in a wide range of financial services, including virtual currency tran...
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FTX Says Substantial Amount of Crypto Assets Stolen or Missing

Wall Street Journal - 23 Nov 2022 02:34
FTX Says Substantial Amount of Crypto Assets Stolen or Missing The cryptocurrency platform made its first appearance at a Delaware bankruptcy court since filing the largest-ever crypto chapter 11.
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UK's digital services tax reaps almost £360m from US tech giants in first year Figure raised exceeds what most of the digital businesses have been paying in UK corporation tax The digital services tax has reaped almost £360m from US tech giants including Amazon, Google and Apple in its first year,...
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Coinbase CEO Says Company Holds 2 Million Bitcoin, Reminds People Firm's 'Financials Are Public' According to Coinbase CEO Brian Armstrong, as of Sept. 30, 2022, the company holds 2 million bitcoin worth $39.9 billion. The news Armstrong shared comes at a time when the general public is looking directly at exchange ...
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Nothing Beats Newark: How An Unlikely Devils Team Has Managed To Etch Their Name In History For just the fifth time in NHL history, the New Jersey Devils have won 13 consecutive games, now standing just 4-shy of the record set by the 1993 Penguins. But how has this roster been able to pull off the improbable?
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Justice Department looking to question Pence regarding their criminal probe into Trump's efforts to overturn 2020 election: NYT Pence is reportedly considering the request, with the ex-VP viewing the DOJ criminal probe as different from the work of the House Jan. 6 committee.
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Billionaire bitcoin bull Mike Novogratz says crypto should and will be regulated and the FTX disaster has created a 'deficit of trust' in the whole industry "Right now we're in a deficit of trust. People think there's a black swan around every corner, that everyone else is a sociopath, saying one thing and doing something else."
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