[CNBC] Tesla announced in an SEC filing Monday that it has bought $1.5 billion worth of bitcoin. The company also said it would start accepting bitcoin as a payment method for its products. CEO Elon Musk has been credited for raising the prices of cryptocurrencies, including bitcoin, through his messages […]
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(CNN) Four leading baby food manufacturers knowingly sold baby food that contained high levels of toxic heavy metals, according to internal company documents included in a congressional investigation released Thursday. “Dangerous levels of toxic metals like arsenic, lead, cadmium and mercury exist in baby foods at levels that exceed what experts […]
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(CNN) Ford Motor Company is best known for its cars, but in the Covid-19 pandemic, the manufacturer is branching out. Ford has received patent-pending approval for a new, clear respirator mask, the company announced Tuesday, one they expect to work just as well as an N95. “One of the things that’s […]
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[MarketWatch, Getty Images] Payment for order flow could reemerge as a focus for federal regulators Online brokerage Robinhood has drawn bipartisan ire in Washington after it unexpectedly restricted purchases of share GameStop, Inc. and other hot stocks, and this attention could motivate regulators to curtail its most profitable line of […]
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[NBC NEWS, Getty Images] Andy Jassy, the chief executive of Amazon Web Services, will take over as CEO of Amazon. Jeff Bezos said Tuesday that he will step down as chief executive of Amazon, leaving the helm of the company he founded 27 years ago. Bezos will transition to the […]
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[Reuters, File Photo] BOSTON/LONDON (Reuters) – Wall Street is gearing up for another week of market mayhem, with signs that the retail frenzy that pumped up the stock prices of the likes of GameStop Corp and AMC Entertainment Holdings Inc is spreading to other assets. Some of Wall Street’s largest hedge […]
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[CBS NEWS] There’s something fishy about Subway’s tuna salad sandwiches and wraps, but the menu items don’t happen to include any actual fish, according to a lawsuit filed against the fast-food chain. What Subway bills as tuna is a “mixture of various concoctions that do not constitute tuna, yet have […]
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(CNN) Last week, President Joe Biden reaffirmed his commitment to addressing climate change by creating green energy jobs, building out a “modern and sustainable infrastructure” toward his continued goal of reaching a carbon-free energy sector in the US by 2035. In remarks last week before signing several executive orders focused on his climate agenda, […]
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(Reuters) – Credit card firm Capital One Financial Corp has been fined $390 million for engaging in what the U.S. government called willful and negligent violations of the Bank Secrecy Act, an anti-money laundering law, a Treasury Department bureau said on Friday. The Treasury Department’s Financial Crimes Enforcement Network (FinCEN) […]
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[CNBC, Getty Images] Friday, Jan. 15 is the last day for many taxpayers to receive a direct deposit stimulus payment before tax season, unless you are part of a few select groups. Congress gave the IRS until Jan. 15 to send out the economic impact payments (EIP), worth up to […]
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