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Wall Street bets on stellar quarterly results from Nvidia
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Friday, May 17
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SRN News
Nippon key negotiator to meet U.S. Steel staff in Pittsburgh, Bloomberg News reports
(Reuters) – Japan’s Nippon Steel’s vice chairman and key negotiator for the U.S. Steel deal, Takahiro Mori, will travel to Pittsburgh, Pennsylvania next week to meet with local staff and elected officials, Bloomberg News reported on Friday, citing people briefed ...
Friday, May 17
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SRN News
Analysis-UAW’s stinging loss in Alabama won’t kill national organizing effort
By Nora Eckert VANCE, Alabama (Reuters) – The United Auto Workers failed in its effort to organize a Mercedes-Benz plant in Alabama, but the loss on Friday was a good result for a first effort in a historically anti-union state, labor ...
Friday, May 17
by
SRN News
Frontier Airlines, stuck in a money-losing slump, is dumping change fees and making other moves
DENVER (AP) — Frontier Airlines, which has struggled more than other U.S. carriers to recover from the pandemic, says it is eliminating change fees on some tickets and creating four fare classes to boost its appeal to more travelers. The Denver-based airline said the changes ...
Friday, May 17
by
SRN News
New endangered listing for rare lizard could slow oil and gas drilling in New Mexico and West Texas
Federal wildlife officials declared a rare lizard in southeastern New Mexico and West Texas an endangered species Friday, citing future energy development, sand mining and climate change as the biggest threats to its survival in one of the world’s most lucrative oil and natural ...
Friday, May 17
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SRN News
Stock market’s record-setting rebound may have further to go
By Lewis Krauskopf NEW YORK (Reuters) – A rebound that has taken the U.S. stock market to record highs this week may have further to run, if history is any guide. Fresh signs of a cooling economy calmed inflation worries in May, ...
Friday, May 17
by
SRN News
J&J-backed startup Rapport files for US IPO
(Reuters) – Biopharmaceutical company Rapport Therapeutics, backed by the venture capital arm of Johnson & Johnson, filed for an initial public offering in the United States on Friday. Rapport, which develops small molecule medicines for patients suffering from central nervous system ...
Friday, May 17
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SRN News
Swedish EV maker Polestar gets Nasdaq notice on potential de-listing
(Reuters) -Swedish electric vehicle firm Polestar said on Friday it was notified by the Nasdaq for not meeting the exchange’s listing rules related to the timely filing of the company’s annual report with the U.S. securities regulator. The company said it is working to file ...
Friday, May 17
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SRN News
Hershey faces larger lawsuit over missing designs on Reese’s candies
By Jonathan Stempel (Reuters) – Hershey is facing a renewed, larger lawsuit claiming it misled consumers about the amount of artistic detail they would find on several Reese’s peanut butter candies after opening the packaging. In a proposed class action on Friday, ...
Friday, May 17
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ABC News
Mercedes-Benz workers in Alabama vote against joining UAW, a blow to unions expansion in the South
(TUSCALOOSA, Ala.) -- Thousands of Mercedes-Benz workers in Alabama voted against joining the United Auto Workers (UAW) on Friday, delivering a significant defeat for the union one month after it prevailed at a Volkswagen facility in nearby Tennessee.Workers at a Mercedes-Benz plant near Tuscaloosa, ...
Friday, May 17
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SRN News
Vindicated by Supreme Court, CFPB director says bureau will add staff, consider new rules on banks
NEW YORK (AP) — Since its creation roughly 14 years ago, the Consumer Financial Protection Bureau has faced lawsuits and political and legal challenges to the idea of whether the Federal Government’s aggressive consumer financial watchdog agency should be allowed exist at all. Those ...
Friday, May 17
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SRN News
A former OpenAI leader says safety has ‘taken a backseat to shiny products’ at the AI company
A former OpenAI leader who resigned from the company earlier this week said on Friday that safety has “taken a backseat to shiny products” at the influential artificial intelligence company. Jan Leike, who ran OpenAI’s “Super Alignment” team alongside a company co-founder who also ...
Friday, May 17
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SRN News
KEYWORD NOTICE – Chicago Tribune staffers’ unequal pay lawsuit claims race and sex discrimination
CHICAGO (AP) — The Chicago Tribune is being sued by some of its staffers, who say they and other women and Black journalists are being paid less than their white male counterparts. The complaint filed Thursday in federal court in Chicago also names Tribune Publishing ...
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