Monthly Archives: February 2022

visights secures $10 million in additional funding

TEL AVIV, Israel—viisights, a developer of unique behavioral recognition video analytics, announced a $10 million fundraising round led by an Israeli VC, Hive2040with participation from Migdal Insurance and existing investors led by Firstime Ventures. These funds will expand marketing efforts and product enhancements to enter additional target markets and initiate a new SaaS business model. “We plan to offer customers ...

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Germany announces increased defense spending amid Russian invasion of Ukraine

BERLIN — In an extraordinary address to a special session of parliament on Sunday, Chancellor Olaf Scholz announced a significant increase in military spending, reversing the country’s longstanding policy that has favored deterrence over conflict. Mr Scholz announced a one-time increase of 100 billion euros ($113 billion) for defense spending and pledged to spend more than 2% of Germany’s economic ...

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FUGAZ investors earn over 35 billion naira combined during the week

The market capitalization of the top five banks, referred to as Tier 1 Banks or FUGAZ, appreciated by 1.34% to close at N2.72 trillion as of February 25, 2022, with investors in these banks earning a total of N35 . 83 billion during the trading week. After 5 days of trading in the week, 4 out of 5 Nigerian tier ...

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Names of companies benefiting from huge Covid loans will be secret | Business

The names of thousands of businesses who have received billions of pounds from Covid-19 loan schemes must remain confidential under new government rules to only publish state grants of £500,000 or more. The higher threshold was introduced after Brexit despite warnings that it could hamper the fight against fraudsters believed to have plundered billions from such schemes. The loan programs ...

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Ukrainian forces resist Russian advance on capital Kiev

Russian forces meet resistance in Ukrainian cities Moscow could ‘padlock’ Western embassies – Medvedev Ukrainian president pledges to defend the fatherland Long queues at ATMs and gas stations Russia could be excluded from the SWIFT payment system – banker KYIV, Feb 26 (Reuters) – Ukrainian forces are putting up a “very determined resistance” to the Russian invasion, a U.S. defense ...

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Russian-Ukrainian volatility hits already hammered U.S. credit hard

U.S. dollar banknotes are seen in this November 7, 2016 illustration. REUTERS/Dado Ruvic/Illustration Join now for FREE unlimited access to Reuters.com Register NEW YORK, Feb 25 (Reuters) – U.S. credit markets have seen heightened volatility, spurred by Russia’s invasion of Ukraine, in addition to uncertainty surrounding monetary policy changes, hurting bond yields. investors and complicating borrowers’ ability to access finance. ...

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Wheat prices climb to highest since 2008; stocks calmer after Wall Street gains – live business | Business

Hello and welcome to our ongoing coverage of the global economy, financial markets, eurozone and business. Yesterday we woke up to the grim news that Russia had invaded Ukraine. Today we expect a Russian tank attack on its capital, Kiev, which could become the most difficult day of the war, said an adviser to the Ukrainian interior minister. Russian troops ...

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Oregon Legislature passes plan to offer bigger loans to startups and small businesses

Oregon lawmakers have approved a bill expanding access to capital for businesses that are too new or too risky to qualify for conventional bank loans. Under the bill, Business Oregon would increase the cap on direct loans to startups through its Entrepreneurial Development Lending Fund to $1 million, up from the current temporary limit of $250,000. Business Oregon is the ...

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Should I use a personal loan to pay my tax bill?

Our goal at Credible Operations, Inc., NMLS Number 1681276, hereafter referred to as “Credible”, is to give you the tools and confidence you need to improve your finances. Although we promote the products of our partner lenders who pay us for our services, all opinions are our own. Taking out a personal loan to pay taxes can be a way ...

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Bank of England chief urges banks to exercise restraint on bonuses; global stocks rebound – as it happened | Business

Russia’s recognition of the Donetsk and Lugansk People’s Republics (DLPR) sparked global outrage and triggered the first tranche of sanctions. Although Russian markets are closed for a public holiday, offshore trading shows continued selling of Russian USD debt. There was no exchange of local currency OFZ Russian Sovereign Bonds today, but the more liquid $2047 Eurobond sold off again, with ...

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Announcement of second round of funding for restoration project, companies on track to expand

MARYLAND — Maryland communities could see more business-friendly signs as Governor Larry Hogan’s second round of Project Restore award winners were announced on Tuesday. This round of awards includes more than 200 companies, totaling $14.5 million in support. Overall, more than 350 businesses across the state will find support through the program. “It’s basically about turning vacant properties into a ...

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credit card: 6 reasons why you should get a credit card as soon as you start working

Getting a credit card at the very first opportunity is a dream that many young adults carry throughout their college lives. Their first job gives them the necessary eligibility to apply for a credit card. However, debt being a double-edged sword that can potentially jeopardize their financial life at the very beginning, a conservative approach suggests that they should stay ...

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Manufacturing exports can benefit from India’s empowerment push

The 2022-2023 budget unveiled on February 1 continues the government’s vision of empowering Indians and fostering economic activity. The government’s economic vision, since the beginning of the pandemic, has been based on the following underlying philosophy: to alleviate the suffering of specific sectors and households by empowering them to overcome difficult times and emerge stronger, in order to may they ...

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Whitman County awards grants to nonprofits and small businesses – The Daily Evergreen

Rewards for Distributed Nonprofit Organizations; small business app always open County officials are providing grants to local nonprofits and small businesses, with 59 Whitman County businesses saying they are facing financial hardship in a recent survey by county officials. Jessica Jensema, director of administrative services for Whitman County, said the application process is now closed for nonprofits and grants are ...

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Same song, different decade – Daily Breeze

More than 42 years ago, California voters overwhelmingly passed Proposition 13 in response to runaway property taxes. Even over time, Prop. 13 remains very popular among citizens of all political stripes. Nevertheless, many politicians and bureaucrats hate the Prop. 13 because it prevents them from taking unlimited money from taxpayers. In response to the passage of Proposition 13, these tax ...

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Prioritizing Self-Care for a Brighter Future | Way of life

When so much of the world is beyond your control, it’s easy to become anxious or overwhelmed trying to take care of everything and everyone. Making self-care a priority allows you to take charge of and protect your own mental and physical well-being. For many people, self-care is neglected while other needs and obligations come to the fore. That’s why ...

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Governor aims to add funds to fight ‘chemicals forever’

AUGUSTA, Maine (AP) — Maine lawmakers will consider more funding to fight “chemicals forever” as more farms discover contamination. Perfluoroalkyl and polyfluoroalkyl substances – known as PFAS – have been found at hundreds of agricultural sites where sludge or papermaking waste containing the toxins has been spread. PFAS are also found in wells and landfills. PFAS are often described as ...

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Status Quo: Top Seeds Advance on Opening Night of Section 2-A Tournament | Sports

SHARON — The status quo prevailed on opening night of the annual Section 2-A Wrestling Tournament. At Sharon High on Friday night, perennial powerhouse Reynolds took the lead in the tag team standings, 64.5-64, over rival Greenville. Titusville (62) followed. In the quarterfinals, Cole Karpinski (189) of Greenville and Jalen Wagner (172) of Reynolds pinned, as did Connor Saylor (138) ...

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Democrats take to the road to promote green projects

President Biden recalled yesterday that Ohio Democratic Rep. Marcy Kaptur handed him a note right after his first joint address to Congress last year, extolling the virtues of the Great Lakes as an economic engine in his district. . “The Great Lakes underpin the life, work and play of millions of people, and we must invest in them if we ...

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Ericsson self-review reveals employees may have paid ISIS ‘tolls’ to access parts of Iraq

Home » Business » Ericsson’s self-examination reveals employees may have paid Islamic State ‘tolls’ to access parts of Iraq February 18, 2022 Roland Magnusson via Getty Images Ericsson CEO Borje Ekholm revealed in an interview with Swedish news outlet Dagens Industri a few days ago that his company discovered after self-examination that some employees may have made ...

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Michigan launches $409 million grant program for businesses affected by pandemic

LANSING, MI — Michigan businesses that have experienced financial hardship due to the COVID-19 pandemic can apply for a grant of up to $5 million under a new state program. A total of $409 million is available through the Distressed Business Relief Grant program. “This program will support Michigan businesses that have been impacted by COVID-19 and help us build ...

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Future Fund forced to hand over $5 million to sanctioned Chinese arms company | China

The Future Fund was forced to hand over approximately $5 million of taxpayers’ money to a Chinese state-controlled arms manufacturer that sold weapons to Myanmar’s genocidal military. Last year, the Guardian revealed that Australia’s sovereign wealth fund had invested $4.9 million in five subsidiaries of Chinese arms conglomerate Aviation Industry Corporation of China (AVIC). AVIC had sold the Burmese military ...

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HOOKIPA and Gilead Amend Collaboration and License

HOOKIPA will develop an arenavirus-based therapy for HIV through the completion of the Phase 1b clinical trial; Gilead has exclusive rights for further development of the program thereafter. Financial terms include $15 million initiation fee and $35 million equity commitment NEW YORK and VIENNA, Austria, Feb. 12, 2022 (GLOBE NEWSWIRE) — HOOKIPA Pharma Inc. (NASDAQ: HOOK, “HOOKIPA”), a company developing ...

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“I offered a reward of $10,000 to the person who will introduce me to my future partner”: I am 34 years old, single and disabled. How do I meet the woman of my dreams?

Sorry in advance if my story makes you uncomfortable. Many people I spoke to called me crazy because of the nature of the problem. I have been disabled since the age of 13, when I almost died of an illness. My condition results in a poor immune system and very low energy. I always wanted a life partner. I am ...

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Stocks fall on Wall Street with eyes on Ukraine crisis | Economic news

By DAMIAN J. TROISE and ALEX VEIGA, AP Business Writers A modest decline in stocks on Wall Street accelerated on Monday afternoon after the United States announced the closure of its embassy in Ukraine amid heightened tensions following a buildup of thousands of Russian troops in the border. The S&P 500 fell 1.1% at 2:28 p.m. EST after the United ...

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MetLife Investment Management Funds $625M Timberland Transaction

GERMANTOWN, Tenn.–(BUSINESS WIRE)–MetLife Investment Management (MIM), the institutional asset management business of MetLife, Inc. (NYSE: MET), today announced that it has placed secured long-term first mortgages by approximately 832,000 acres of timber land and timber across the Southeastern United States. The financing enables Tamarack Timberlands LLC, which is owned by the Ontario Teachers’ Pension Plan and whose assets are managed ...

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An Advanced Fire Department firefighter loses his home to a fire on McDaniel Road; here’s how you can help

DAVIE COUNTY, NC (WGHP) – An Advanced Fire Department firefighter lost everything when his home caught fire, according to the fire department. A Davie County firefighter’s home destroyed in a fire on McDaniel Road (Photo courtesy of the Advanced Fire Department) Around 9:40 a.m. Saturday, crews responded to a fire on the 100 block of McDaniel Road at the home ...

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Moon: A rocket crash will create a new crater – here’s what we should be worried about

This is a still from the short film “A Trip to the Moon”. (Image credit: Wikimedia Commons/Georges Melies) This article was originally published on The conversation. The publication contributed the article to Space.com’s Expert Voices: Editorials and Perspectives. David Rothery is professor of planetary geosciences at the Open University. It’s not often that the sudden appearance of a new impact ...

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Gladstone Investment (NASDAQ:GAIN) updated by Zacks Investment Research to “buy”

Gladstone Investment (NASDAQ:GAIN) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research note released Friday, Zacks.com reports. The company currently has a price target of $18.00 on shares of the investment management company. Zacks Investment Research’s price target points to a potential upside of 14.43% from the stock’s previous close. According to ...

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Your Funds: Fortune May Favor the Brave, But Logic Favors Caution | Economic news

Bitcoin’s value has fallen around 30% since it was announced last fall that Matt Damon was to become one of the faces of Crypto.com. It’s not the actor’s fault, of course, but it’s not what was expected when the site ran ads featuring the Oscar-winning actor. For proof, consider this character swap in the recent season-opening episode of “South Park”: ...

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ComBank joins ‘Lanka Remit’ – the national remittance mobile app

* ComBank joins ‘Lanka Remit’ – the national remittance mobile app Saturday, February 12, 2022, 10:46 a.m. SL time, ColomboPage News Desk, Sri Lanka. February 12, Colombo: The Commercial Bank of Ceylon announced that it has joined the nationwide remittance mobile application “Lanka Remit” as a participating bank, to support the Central Bank’s latest initiative to facilitate remittances to the ...

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Distance Learning/ Online Education | Miles College

An institution that offers distance and correspondence education: ensures that the student who enrolls in a distance or correspondence education course or program is the same student whoattends and completes the course or program and receives credit. Miles College ensures that the student who enrolls in a distance learning or correspondence course is the same student who attends, completes the ...

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Nepheline Syenite Market Expected to Witness Breakthrough Growth

Global “Nepheline Syenite Market” The report contains a detailed analysis of the current status and future scope, along with sales patterns, market size, share, price structure, and market progressions. The study examines the underlying trends and the impact of various factors driving the market, along with their influence on the development of the Nepheline Syenite Market. This report briefly discusses ...

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Portland’s $1.3M Cannabis Emergency Relief Fund Now Accepting Applications

Portland paves way to recovery for struggling cannabis companies by: Joelle Jones Job : 10 Feb 2022 / 16:38 PST / Update: 10 Feb 2022 / 16:38 PST FILE – In this Feb. 7, 2019 file photo, a bud shows one of the best cannabis strains at Serra, a dispensary in Portland, Oregon. (AP Photo/Richard Vogel, File) PORTLAND, Ore. (KOIN) ...

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How to Buy Cryptocurrency – Forbes Advisor UK

If you are new to the world of crypto, understanding how to buy Bitcoin, Dogecoin, Ethereum, and other cryptocurrencies can be confusing at first. Luckily, it’s pretty simple to learn the ropes. You can start investing in cryptocurrency by following these five simple steps. Buy and sell cryptocurrencies with Coinbase The world’s largest and easiest place to buy cryptocurrency 1. ...

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No. 73, Virginia Tech OLB Amare Barno

The Unpacking Future Packers Countdown is a countdown of 100 prospects who could be selected by the Green Bay Packers in the 2022 NFL Draft. The NFL Draft is a long-term projection. It’s not about the immediate impact a lead can have. A team selects a player for whom it will become later. Not who they are today. For example, ...

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Stocks rise broadly on Wall Street with more help from tech | Economic news

By DAMIAN J. TROISE and ALEX VEIGA, AP Business Writers Shares rose broadly in the afternoon on Wall Street on Wednesday, putting the market further into the green for the week after a solid gain a day earlier. The S&P 500 was up 1.5% at 2:43 p.m. ET. More than 85% of stocks in the benchmark index gained ground. The ...

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VisuWell Raises $10M in Funding to Power the Company’s Next Phase of Growth and Innovation

NASHVILLE, Tenn., February 9, 2022 /PRNewswire/ — VisuWell, an industry leader in providing innovative virtual care solutions, today announced that it has successfully entered into a $10 million Series B capital raising led by Fulcrum Equity Partners, a Atlantagrowth-based investment company, with continued participation from existing investors, Longmeadow Capital, PJC and UltraGroup. The funding will help the company scale across ...

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What is MCLR and how does it work? – Advisor Forbes INDIA

The MCLR or marginal cost of funds based lending rate is a benchmark interest rate, which is the minimum rate at which banks are allowed to lend. The MCLR came into effect in 2016, essentially replacing the base rate system, which had been in effect until then. MCLR rates were first introduced by the Reserve Bank of India (RBI) to ...

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Animal Health Market to Gain Valuation of $63.2 Billion by 2028, TMR Study Notes

ALBANY, NY, February 8, 2022 /PRNewswire/ — The global animal health market is expected to grow at a CAGR of 7.2% during the forecast period, 2021-2028, according to research by Transparency Market Research (TMR). Due to the improved purchasing power of people in several developing countries such as India and China, there is a noticeable growth in the trend of ...

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The Studio Theater in Arkansas canceled a denied Covid relief grant

The Studio Theater in Little Rock, AR Jennifer Schlesinger | CNBC After months of limbo and mounting debt, the Studio Theater in Little Rock, Arkansas received some welcome news from the Small Business Administration in early February. The small non-profit theater has had its denial of aid through the Closed Venue Operator Grant Scheme rescinded. The SVOG program is a ...

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Relaunch update: these 4 groups are still eligible in 2022

Skynesher/Getty Images With the country now in its second month without a stimulus, it seems increasingly unlikely that there will ever be an extension of the expanded child tax credit. There will almost certainly not be another economic impact payment either. See: Can Americans expect stimulus checks in 2022? Experts weighFind: Child Tax Credit Update: White House Announces Website Update ...

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Extended Interview: Comptroller Mendoza Reviews Pritzker Budget, Predicts Credit Increase

SPRINGFIELD, Ill. (NEXSTAR) – Comptroller Susana Mendoza said Governor Pritzker’s latest budget proposal will lead to another credit boost once her office pays off interfund transfers that have long weighed on the state’s balance sheet. “I will be repaying the remaining interfund borrowings, and that will be done by the end of June 30 of this fiscal year,” she said ...

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Meta’s loss is Berkshire and Buffett’s gain – ShareCafe

Meta Platforms was a huge loser last week, but hidden in the market’s fine print on stock prices was a former stager who on Friday reemerged with a nice win. In fact, Warren Buffett and his Berkshire Hathaway are now back in the spotlight and outperforming the broader market and tech thanks to last week’s stock market implosion from Mark ...

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Six ways to beat the cost of living hikes that could cost you £2,417 this year

FAMILIES are likely to be worse off by an average of £2,417 this year – or £200 a month – when the cost of living soars from April. We are all worried about paying the bills and cutting down on essentials. 5 Families are likely to be worse off by an average of £2,417 this year – or £200 a ...

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Your Funds: Can You Really “Keep Calm and Carry On”? | Economic news

David Snowball, founder of MutualFundObserver.comonce told me that there are three kinds of reasons investors adjust their portfolios: “strategic, structural, and dumb.” The structure has to do with the specific investment you are buying and if anything has changed there; dumb reasons revolve around emotion and wrong thinking. The strategic reasons for making a change usually revolve around life circumstances. ...

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Hertz hires ex-Goldman Sachs CFO as CEO

Hertz, the car rental company that went bankrupt at the start of the pandemic, has chosen a prominent banker, Stephen M. Scherr, as its next chief executive. Mr. Scherr, who served as Goldman Sachs’ chief financial officer until the end of last year, will take over Hertz and join its board on Feb. 28, the company said in a statement ...

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US Labor Market Defies Omicron Push; economy on solid footing ahead of rate hikes

Non-farm payrolls increase by 467,000 in January Job gains spread across all industries The economy added 709,000 jobs in December and November Unemployment rate at 4.0%; participation rate at 62.2% The average hourly wage increases by 0.7%; up 5.7% year-on-year WASHINGTON, Feb 4 (Reuters) – The U.S. economy added far more jobs than expected in January despite disruption to consumer-facing ...

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West Virginia Senate Committee Proposes Higher Education Funding Formula Bill | News, Sports, Jobs

HEPC and WVCTCS Chancellor Sarah Armstrong Tucker said the new performance-based funding formula for community colleges and four-year colleges and universities will improve the workforce and economy of the State. (Photo courtesy of WV Legislative Photography) CHARLESTON — The West Virginia Senate Finance Committee has approved a bill taking the first steps in creating a new ...

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Using a cash advance loan app? Proceed with caution

BBB Sometimes you need extra cash to tide you over until payday. Several apps are keen to provide this service, promoting themselves as an easy, interest-free way to get a small loan. However, not all cash advance apps are created equal. Before signing up, do your research first and watch out for hidden fees and other pitfalls. What to know ...

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ING Group 2021 SREP process completed

ING PROFILEING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. ING Bank’s goal is to empower people to stay ahead in life and in business. ING Bank’s more than 57,000 employees provide retail and wholesale banking services to customers in over 40 countries. ING Group shares are listed on ...

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US STOCKS-Wall St Posts 4th Straight Gain, Meta Earnings Shake Social Media After Hours

All three Wall Street benchmarks ended higher on Wednesday, rising for a fourth consecutive session after a rocky start to the year, helped by upbeat earnings from Google parent Alphabet and chipmaker Advanced Micro. Devices. But the mood looked sour in post-trade trading when shares of Facebook owner Meta Platforms Inc plunged as much as 22% -2022-02-02after it missed ...

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Historic gift funds deanship and research at Cornell SC Johnson College of Business

A historic $15 million gift from Joanne Knight in honor of her late husband, Charles “Chuck” Field Knight ’57, BME ’58, MBA ’59, established the Charles Field Knight Dean of the Cornell SC Johnson College of Business and provides the Dean with discretionary resources to initiate innovative and highly rewarding research projects for faculty and students across the college. Dean ...

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Mega Millions winning numbers for Tuesday February 1, 2022; prize pool 20 million dollars

CLEVELAND, Ohio — The winning numbers were selected on Tuesday, February 1, 2022, Mega Millions $20 million jackpot draw. The numbers are 11-24-38-62-66 Mega Ball 1 Megaplier 4x. Wednesday, February 2 power ball the jackpot is estimated at $123 million and the Classic Lotto the jackpot is $21.2 million. Tuesday’s Ohio Lottery winning numbers are: Choose 3 evenings: 926 (noon, ...

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Tom Brady retires: Future Hall of Fame QB omits Patriots from official farewell statement

You’ve probably heard of it before, but somehow Tom Brady did something. The future Hall of Fame first-round quarterback officially calls it a career – retiring from the NFL after 22 seasons. His list of accomplishments is long enough to circle the earth nine times, and his most recent includes leading the Tampa Bay Buccaneers to their first Super Bowl ...

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Bristol Tennessee Announces New Business Grants | Latest titles

BRISTOL, Tenn. – Two grants designed to stimulate business expansion and exterior improvements to commercial buildings are available on a first-come, first-served basis to qualified applicants. Offered by the Bristol Tennessee Industrial Development Board, the grants are available as forgivable loans and will include awards of up to $10,000 for business growth or $5,000 for facade improvements, announced the city ...

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