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Toyota Latest Company to Ditch 'Woke' Policy
Toyota Motor Corp. announced Thursday that it will no longer be participating in the Human Right Council's Corporate Equity Index as more companies abandon the trend of diversity, equity, and inclusion initiatives.
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Biden's Comments Spike Oil Benchmark by 5.5 Percent
President Joe Biden's comments on potential U.S. support for Israeli strikes on Iranian oil facilities have raised concerns about the future of global oil prices.
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Stocks End Higher as Jobs Data Eases Economic Worries
U.S. stocks closed solidly higher Friday as a stronger-than-expected jobs report reassured investors who had worried the economy may be getting too weak.
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Stellantis Sues UAW in Federal Court for Strike Threats
Chrysler parent Stellantis filed a federal lawsuit against the United Auto Workers, saying the union has violated the contract by threatening to strike over the company's delays in planned investment.
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Elon Musk: FEMA 'Actively Blocking' Volunteer Help in N.C.
Tech billionaire Elon Musk took to X on Friday afternoon to claim the Federal Emergency Management Agency (FEMA) is "actively blocking" volunteers who try to help the struggling citizens of western North Carolina in the wake of Hurricane Helene.
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Conservative Think Tank Targeting NASA's Communications About Musk, Trump
An influential conservative think tank has asked the National Aeronautics and Space Administration to disclose what employees are discussing internally about billionaire Elon Musk and former President Donald Trump, according to federal records reviewed by Reuters.
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Investors Look to Earnings to Support Record Stock Prices
A high-stakes corporate earnings season kicks into gear next week, with bullish investors hoping results will justify increasingly rich valuations in a U.S. stock market near record highs.
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Google Tests Verified Check Marks in Search Results
Alphabet's Google is testing showing check marks next to certain companies on its search results, a company spokesperson said Friday, in a move aimed at helping users identify verified sources and steer clear of fake websites.
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Facebook Seeks to Attract Young Adults With New Community, Videos
Facebook, one of the original social media networks, has become known as the platform of parents and grandparents, while young adults take up photo and video apps like Instagram and TikTok. Meta, the company that owns Facebook, is setting out to change that.W
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Rep. Andy Harris to Newsmax: Longshoremen's Raise Will Drive Up Prices
Rep. Andy Harris, R-Md., told Newsmax on Friday that the tentative 62% pay raise the striking longshoremen negotiated will have a negative effect on the economy by driving up prices beyond what they already are as a result of inflation.
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The Surprising Truth About Car Leather Interiors
Would you like to know the surprising truth about Italian leather interiors nobody tells you about? Well, we are going to call out the facts and give you the opportunity to hear directly to famed leather experts in Italy.
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The Yacht Industry is Booming: A Report from the Monaco Yacht Show
"We were right to specialize in this area of practice," says Bob Allen, chairman and name partner of Robert Allen Law, one of the world's leading firms focusing on the yacht industry.
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Gold Prices Climb on Safe-Haven Demand
Gold prices continue to climb, supported by safe-haven demand arising from the Middle East conflict.
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Meta AI Model Can Generate Video With Sound
Facebook owner Meta announced on Friday it had built a new AI model called Movie Gen that can create realistic-seeming video and audio clips in response to user prompts, claiming it can rival tools from leading media generation startups like OpenAI and ElevenLabs.
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Job Growth Surges, Unemployment Falls to 4.1%
U.S. job growth accelerated in September and the unemployment slipped to 4.1%, further reducing the need for the Federal Reserve to maintain large interest rate cuts at its remaining two meetings this year.
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Oil Set for 10% Weekly Rise Amid Mideast Tensions
Oil prices rose sharply Friday, and were on track for 10% weekly gains as investors weighed the prospect of a wider Middle East conflict disrupting crude flows after President Biden said the U.S. was discussing an Israeli attack on Iranian oil facilities.
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China-Focused Hedge Funds Post Explosive Returns
Some China-focused hedge funds are reporting explosive returns in September, thanks to a sharp rebound in Chinese stocks driven by Beijing's aggressive stimulus package.
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Musk to Attend Trump Rally in Pa. at site of Assassination Attempt
Elon Musk said late on Thursday he will attend Donald Trump's rally in Butler, Pennsylvania later this week, an event which will mark the former U.S. president's return to the town where he survived an assassination attempt in July. "I will be there to support!" Musk replied...
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US Stock Futures Hold Ground Before Key Payrolls Data
U.S. stock index futures were flat to marginally higher on Friday as investors held off on significant moves ahead of crucial payrolls data and tracked geopolitical tensions in the Middle East for potential escalations.
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Harris and Trump Battle for Labor, Union Support
Vice President Kamala Harris will visit the union stronghold of Flint, Michigan, Friday as she battles with Donald Trump for working-class voters who could tip the scales in this year's election.
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Morning Bid: Jobs & Oil Dominate as Ports Strike Ends
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street has weathered an edgy start to the final quarter reasonably well this week, with the September employment report now an obvious final hurdle on Friday and firmer oil prices an irritant even as a...
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Spirit Airlines Plunges 40% on Bankruptcy Report
Spirit Airlines shares slumped 40% before the bell Friday after The Wall Street Journal reported that the ultra-low-cost carrier was in talks with its bondholders about a potential bankruptcy filing.
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Spirit Airlines in Talks Over Terms of Potential Bankruptcy Filing
Spirit Airlines is in talks with bondholders over terms of a potential bankruptcy filing in the wake of its failed merger with JetBlue Airways, The Wall Street Journal reported Thursday, citing people familiar with the matter.
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Biden Student Debt Relief Blocked by Different Judge
A U.S. judge has temporarily blocked Democratic President Joe Biden's administration from implementing a plan to forgive student loan debt held by millions of Americans.
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Dockworkers Suspend Strike Until January
The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports has reached a deal to suspend their strike until Jan. 15 to provide time to negotiate a new contract, a person briefed on the matter says.