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Business News

Location American Business News for 2 May 2023
Barnes & Noble NYC Flagship Becomes Latest Store in Union Push Barnes & Noble associates at the retailer's flagship store at Union Square in New York City have filed for a union election with the National Labor Relations Board (NLRB), seeking representation with the Retail, Wholesal...
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E. Jean Carroll wasn't surprised 'Law & Order: SVU' aired Bergdorf Goodman rape scene 7 years before she made Trump allegations A 2012 episode of the"Law & Order: SVU" referencing a rape in a Bergdorf Goodman dressing room resembles Carroll's allegations against Trump years later.
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Starbucks Is Trialing Palm Payment In Coffee Shops. Are Consumers Ready? Last month, Starbucks expanded its trial of Amazon's biometric payment system, Amazon One, to the Seattle market. It's the first time the palm pay system has been used in an existing Starbucks storefront.
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Samsung bans employees from using AI tools like ChatGPT and Google Bard after an accidental data leak, report says Samsung said staff who "breach or compromise" company data through the use of generative AI tools risk being fired.
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We want to know: Who are the rising stars in influencer talent management, working with creators on YouTube, Instagram, and TikTok?
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This Viral Hair Care Superstar Is Actually A Synthetic Biology Company The synthetic biology haircare company's patented K18PEPTIDE™ is a high-performance ingredient that reverses hair damage at the molecular level--in just four minutes.
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Hollywood writers will strike for the first time in 15 years, halting production of TV shows and movies.
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Federal Reserve will likely hike interest rates again, signal a pause in inflation fight The Federal Reserve is expected to raise its key interest rate by another quarter point, then signal a long pause - if inflation eases as projected      
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Earnings Preview: What To Expect From Starbucks Today Starbucks is scheduled to report earnings after today's close. Here's as closer look.
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Treasury Secretary Yellen Warns US Could Default on Its Debt by June 1 U.S. Treasury Secretary Janet Yellen has warned that the Treasury will not be able to pay all of the government’s debt "as early as June 1, if Congress does not raise or suspend the debt limit before that time." Yellen...
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MicroStrategy's Bitcoin conviction 'strong' as it posts Q1 profit A one-time income tax benefit helped the firm reach a profit of $94 million in the first quarter of 2023.
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House Democrats Try to Force Vote on Debt Ceiling

Wall Street Journal - 2 May 2023 19:32
House Democrats Try to Force Vote on Debt Ceiling House Democrats took the next step in starting a discharge petition for a debt-ceiling increase, a move that could allow them to go around Republican leaders.
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Nvidia Graphics Research said it has 20 research papers debuting at SIGGRAPH, the big computer graphics conference coming in Los Angeles.
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Bud Light sales drop 21% in wake of Dylan Mulvaney fiasco: 'Serious trouble' Beleaguered brand has been shunned by consumers angry over the marketing deal with transgender social media influencer Dylan Mulvaney.
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The Federal Reserve's Interest Rate Rise Will Increase Default Rates Significantly For Most Sectors The FOMC is likely to raise rates twenty-five basis points to a range of 5.0%-5.25%; this would put rates at about a 16-year high. This level of rate rises has been an unpleasant surprise for many consumers and unfortuna...
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'The expenses are affecting my stress, and financial choices throughout the year'
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Groundbreaking New Tool Unveils Secrets Behind The Automotive Industry's Data Collection Privacy4Cars, a privacy-tech firm, has launched a first-of-its-kind tool called Vehicle Privacy Report™, enabling consumers to view key privacy facts about a vehicle by entering its VIN.
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First Republic Bank is the second largest bank failure in U.S. history.
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Walgreens Mental Health Initiative Expands To Schools Walgreens and Mental Health America are collaborating on MHA's "back to school campaign," which includes a comprehensive set of new resources that will be available at no cost this coming August.
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Billionaire Carl Icahn's Empire Propped Up By 'Ponzi-Like' Scheme, Short-Seller Hindenburg Claims Shares of Icahn's holding company plunged 9% to a multiyear low after the report.
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Geoffrey Hinton recently explained to The New York Times why he believed that future versions of the technology posed a threat to humanity.
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Gold prices trade slightly higher early Tuesday but remain within their recent tight trading range around $2,000 an ounce as the yellow metal entered what one analyst called "a period of consolidation" ahead of Wednesday...
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