Motorists around the U.S. continue to get relief fueling up, with prices at pump falling below $4.50 for the first time since mid-May. The national average for a gallon of regular on Tuesday registered at half a cent under $4.50, according to the American Automobile Association. Gas costs are down more than …
Read More »Elon Musk says he’s withdrawing from his $44 billion deal to buy Twitter, throwing the social media company’s immediate future into doubt. In a securities filing Friday, Musk accused Twitter of lying about the number of bots and spam accounts on the platform, as well as failing to provide material he …
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The parents of a teenager wounded during a mass shooting at Oxford High School in Michigan are suing the shop that sold the handgun used to kill four students and injure six other people. The complaint filed Tuesday in federal court in Detroit on behalf of Matthew and Mary Mueller …
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Kellogg Co., the maker of Frosted Flakes, Rice Krispies and Eggo, will split into three companies focused on cereals, snacks and plant-based foods. Kellogg’s which also owns and MorningStar Farms, the plant-based food maker, said Tuesday that the spinoff of the yet to be named cereal and plant-based foods companies …
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The Federal Reserve said on Wednesday that it is raising its benchmark interest rate by three-quarters of a percentage point, the sharpest hike since 1994, as it seeks to combat the fiercest surge in U.S. inflation in four decades. The U.S. central bank set its target rate in the range …
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Americans are being urged to stop using any of 285,000 adult portable bed rails after the deaths of at least three people who suffocated after becoming caught in one of 10 models of the product. The bed rails were manufactured and sold by Mobility Transfer Systems from 1992 to 2021 …
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A group of debt collectors in upstate New York went after their targets by calling friends, family and employers and orchestrating “smear campaigns” against people they claimed owed money, federal regulators said. The Consumer Financial Protection Bureau and the New York Attorney General on Monday said they shut down a …
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JetBlue is going hostile in its bid for Spirit Airlines and asking shareholders of the low-cost carrier to reject a proposed $2.9 billion acquisition by Frontier Airlines. JetBlue is going straight to shareholders with its offer in hopes of pushing the board of the Florida airline to the negotiating table. …
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Elon Musk is offering to buy Twitter for $43 billion, saying the social media company “needs to be transformed as a private company.” The billionaire and founder of electric car maker Tesla, who earlier this month disclosed he owns a 9.2% stake in Twitter, proposed in a regulatory filing on Thursday to buy …
Read More »Thousands of cryptocurrency enthusiasts are gathering in Miami as the city builds its reputation as one of the key locations to develop blockchain technology despite its underdog status. Dozens of companies are using the Bitcoin 2022 conference running Wednesday through Saturday as a venue to network, pitch ideas and share …
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