Business & Finance
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New Jersey takes in $40.6 million in sports bets in July
ATLANTIC CITY, N.J. (AP) — Sports betting is off and running in New Jersey, with three casinos and two racetracks taking in $40.6 million in wagers in July, the first full month it was legal.…
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US government buying $50 million of milk from dairy farmers
The U.S. Department of Agriculture said it’s buying 11 to 13 million gallons of milk from dairy farmers for $50 million and planning to send it to local food banks.
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Tesla forms committee to assess proposal to go private
SAN FRANCISCO (AP) — Tesla is forming a special committee to evaluate proposals to take the company private one week after CEO Elon Musk said he was considering it. The committee, made up of three…
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Warren Buffett’s firm adds to Apple, Teva investments
OMAHA, Neb. (AP) — Investor Warren Buffett’s company added to its stakes in Apple and Israeli drugmaker Teva Pharmaceuticals in the second quarter while tweaking several of its other stock investments. Berkshire Hathaway Inc. filed…
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EPA challenged safety of administration mileage freeze
WASHINGTON (AP) — The Environmental Protection Agency privately challenged the Trump administration’s rationale for freezing Obama-era mileage standards, saying the proposal would actually increase U.S. highway deaths. In announcing the mileage proposal earlier this month,…
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Police chief: No known motive in doctor’s slaying
BEACHWOOD, Ohio (AP) — Police are trying to determine a motive in an Ohio doctor’s slaying that was followed by his two sons killing themselves during a standoff with SWAT officers. Beachwood Police Chief Gary…
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How major US stock indexes fared Tuesday
U.S. stocks rallied Tuesday as banks, retailers, and smaller companies jumped. That helped the market recover most of its losses from the previous two days. On Tuesday: The S&P 500 index jumped 18.03 points, or…
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US retailers small companies rally as Turkey fears ease
NEW YORK (AP) — U.S. stocks rallied Tuesday as banks, retailers, and smaller companies jumped. That helped the market recover most of its losses from the previous two days. The Turkish lira steadied as officials…
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Tiger Woods juices ratings for PGA championship
NEW YORK (AP) — There’s nothing like a late charge from Tiger Woods to juice the ratings of a major golf tournament. CBS reached 8.5 million viewers Sunday for final-round competition at the PGA Championship…
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The Latest: Mayor signs bill capping new ride-hail licenses
NEW YORK (AP) — The Latest on the signing of a New York City bill that places a temporary cap on new licenses for app-based rides (all times local): 4:40 p.m. New York City, the…
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Kroger to sell its goods to Chinese shoppers through Tmall
NEW YORK (AP) — Kroger will start to sell some of its products to Chinese shoppers through a website owned by internet giant Alibaba, the latest move by the supermarket chain to boost its digital…
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Tapestry, Advance Auto Parts and Wolverine rise
NEW YORK (AP) — Stocks that moved substantially or added heavily on Tuesday: Tapestry Inc., up $5.70 to $53.16 The shoe and handbag maker had a stronger fourth quarter than analysts expected. Advance Auto Parts…
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Markets Right Now: US stocks close broadly higher
NEW YORK (AP) — The latest on developments in financial markets (all times local): 4 p.m. U.S. stocks rallied as banks, retailers, and smaller companies jumped. The gains Tuesday helped the market recover most of…
2 days ago -
Royal Bank of Scotland fined $4.9B for housing bubble role
Royal Bank of Scotland will pay a $4.9 billion fine to settle allegations it misrepresented the types of mortgages it sold to investors during the housing bubble that ultimately led to the 2008 financial crisis.…
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Global communication agency acquires Rockville marketing firm HZ
Global communication firm Burson Cohn & Wolfe has acquired Rockville-based creative agency Hirshorn-Zuckerman Design Group Inc. Terms of the deal were not disclosed in an announcement on Tuesday. A press release from BCW parent organization…
2 days ago
