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Facebook Pulls Posts on Abortion Pills, Some in Error
Facebook and Instagram have begun promptly removing posts that offer abortion pills to women who may not be able to access them following a Supreme Court decision that stripped away constitutional protections for the procedure.
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Airbnb Makes Ban on Parties Permanent
Airbnb Inc. said on Tuesday it will make permanent its ban on parties in homes listed on its platform after seeing a sharp drop in reports of unauthorized gatherings since the prohibition was put in place in August 2020. The company announced seeing a 44% year-after-year drop...
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White House Says Companies Investing $700M to Boost EV Charger Production
The White House said on Tuesday that companies are planning to invest more than $700 million to boost U.S. manufacturing capacity for electric vehicle (EV) chargers - actions set to add at least 2,000 jobs and make charging more accessible and affordable. The investments...
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Morgan Stanley to Cover US Employees' Travel for Abortions
Morgan Stanley joined other large U.S. banks expanding its healthcare coverage to include travel costs for employees seeking abortion services if they are not locally available, according to a source familiar with the matter.
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Airlines Cancel Over 700 US Flights
Airlines canceled over 700 flights in the United States on Monday, as adverse weather and a shortage of staff hurt their ability to keep up with a surge in summer travel demand.
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Supreme Court Rejects Apple's Bid to Revive Qualcomm Patent Challenge
The U.S. Supreme Court on Monday declined to hear Apple Inc.'s bid to revive an effort to cancel two Qualcomm Inc. smartphone patents despite the global settlement of the underlying dispute between the two tech giants.
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GE CEO Larry Culp Expands Role to Head Aviation Unit
General Electric Co. Chief Executive Larry Culp will expand his role to head the aviation unit as well, replacing John Slattery, who will become its chief commercial officer.
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Credit Suisse Found Guilty of Cocaine Money Laundering
Switzerland's Federal Criminal Court convicted Credit Suisse and a former employee of failing to prevent money-laundering in Switzerland's first criminal trial of one of its major banks.
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Digital World Subpoenaed Over Trump's Truth Social Deal
Special purpose acquisition company Digital World Acquisition Corp. disclosed Monday each director on its board had been issued subpoenas seeking more information on its deal with former U.S. President Donald Trump's social media firm.
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Meme Stock Investors Hope Bankrupt Revlon Is the Next Hertz
Even for a veteran meme stock trader like Mike Minutelli, Revlon Inc. is a wild bet.
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'Optimus' Prime: Tesla to Unveil Humanoid Robot This Fall
Carmaker Tesla Inc., which designs and manufactures electric vehicles and battery energy storage from home to grid-scale, plans to release a prototype of its humanoid robot this fall, according to CEO Elon Musk.
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Pfizer Says Tweaked COVID-19 Shots Boost Omicron Protection
Pfizer announced Saturday that tweaking its COVID-19 vaccine to better target the omicron variant is safe and works - just days before regulators debate whether to offer Americans updated booster shots this fall.
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Patagonia to Bail Out Employees Arrested at Abortion Protests
Patagonia said Friday it will bail out any employee who peacefully protests the U.S. Supreme Court's decision Friday to overrule the controversial 1973 Roe v. Wade ruling that created a constitutional right to an abortion.
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Northrop, Raytheon Win Key US Hypersonic Defense Contracts
Raytheon Technologies Co. and Northrop Grumman Corp. have won U.S. contracts to continue developing missiles to intercept hypersonic weapons, four people briefed on the decision said on Friday.
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US Crypto Firm Harmony Hit by $100 Million Heist
U.S. crypto firm Harmony said on Friday that thieves stole around $100 million worth of digital coins from one of its key products, the latest in a string of cyber heists on a sector long targeted by hackers.
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Bristol Myers Must Face $6.4B Lawsuit Over Delayed Cancer Drug
A U.S. judge on Friday refused to dismiss a $6.4 billion lawsuit accusing Bristol Myers Squibb Co. of delaying its Breyanzi cancer drug to avoid payments to shareholders of the former Celgene Corp., which the drugmaker bought for $80.3 billion in 2019.
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Juul Seeks to Block FDA Ban on Its E-cigarettes in US
Juul on Friday asked a federal court to block a government order to stop selling its electronic cigarettes.The e-cigarette maker asked the court to pause what it calls an "extraordinary and unlawful action" by the Food and Drug Administration.
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JPMorgan to Cover Employee Travel Costs for Abortions
JPMorgan Chase & Co. will cover travel expenses for U.S.-based employees who need to travel more than 50 miles to get a medical service like an abortion, according to a memo seen by Reuters on Friday.
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Juul Ban Could Allow Altria to Explore E-cigarette Options
Juul's U.S. e-cigarette ban could pave the way for Altria, one of its largest investors, to pursue other vaping product makers or go it alone, Wall Street analysts said on Friday.
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FedEx Profit Rises as Challenges Persist
FedEx Corp. reported higher quarterly earnings on Thursday, despite persistent labor woes and softening volume in its Ground unit that handles the bulk of its e-commerce home deliveries and drives the company's growth.
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Amazon Unveils 1st Fully Autonomous Warehouse Robot
The rise of the robots is no longer sci-fi. It's happening now, as Amazon has just rolled out its "first fully autonomous mobile robot" for its warehouses this week.
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Instagram Tests AI, Other Tools to Verify Age
Instagram is testing new ways to verify the age of people using its service, including a face-scanning artificial intelligence tool, having mutual friends verify their age or uploading an ID.
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Netflix Lays off 300 Employees in Cost-cutting Drive
Netflix Inc. said it laid off 300 employees, or about 4% of its workforce, in the second round of job cuts aimed at lowering costs after the streaming giant lost subscribers for the first time in more than a decade.
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Ken Griffin Moving Citadel From Chicago to Miami
Billionaire hedge fund manager Ken Griffin is relocating Citadel from Chicago to Miami, the Wall Street Journal reports. This is the third major employer to move their corporate headquarters from Illinois in the past two months.
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Ken Griffin Moving Citadel From Chicago to Miami
Billionaire hedge fund manager Ken Griffin is relocating Citadel from Chicago to Miami, the Wall Street Journal reports. This is the third major employer to move their corporate headquarters from Illinois in the past two months.