Apollo CEO Leon Black's Jeffrey Epstein ties has pension fund client pushing back


Black's ties to Epstien are not sitting well with the Pennsylvania Public School Employees' Retirement System.

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American Airlines, Southwest post deep losses and renew calls for aid


American Airlines and Southwest Airlines each reported deep losses in the third quarter on Thursday, but said they would burn less cash in the months to come as leisure bookings show signs of recovery from this year's coronavirus-driven collapse.

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Stocks higher as financials, telecoms lead


Investors eye earnings in what is the busiest day so far for 3Q reports.

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Whirlpool strains to meet appliance demand


The Benton Harbor, Mich.-based company said Wednesday that revenue in North America fell 1.6% due to coronavirus-related supply constraints in its third quarter. Backlogs for its products remain higher than usual, the company said.

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Chipotle books record sales from online orders


Delivery expenses are weighing on Chipotle and other restaurants during the pandemic as more sales happen outside of dining rooms.

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Asian stocks follow Wall Street downward in Thursday trading


Investors continue to watch for signs whether politicians can agree on economic stimulus prior to Nov. 3 election

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Higher US gas inventories result in price drop in early trading Thursday: report


As coronavirus cases soar in North America and Europe, outlook deteriorates

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Markets focusing on US economic stimulus as dollar steadies against most major currencies


Currency weakened Wednesday after President Trump, Speaker Pelosi offered hope agreement was nearing

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Verizon profit beats estimates on remote working boost


Verizon Communications Inc VZ.N beat estimates for third-quarter profit on Wednesday, helped by strong demand for its phone and internet services as offices and schools continued to operate virtually amid the COVID-19 pandemic.

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Tesla posts record results, ‘next phase of growth’ in focus


Tesla CEO Elon Musk is steering his automaker into a new phase.

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Trump's pitch to voters boosted by battleground Iowa's economic recovery


A sharp drop in Iowa’s unemployment rate is coming at exactly the right time for President Trump and Republican Sen. Joni Ernst as they battle for the state’s backing in the upcoming elections.

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OxyContin maker Purdue Pharma agrees to plead guilty in $8B opioid settlement


OxyContin maker Purdue Pharma has agreed to plead guilty to three federal criminal charges as part of a settlement of more than $8 billion, Justice Department officials announced Wednesday.

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Delta CEO: COVID-19 international travel recovery will require regulations


Delta Air Lines is working "closely" with European and U.S. authorities to revive international travel amid coronavirus, CEO Ed Bastian said.

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Stimulus talk lifts stocks while Facebook, Google lead techs


Verizon, Tesla, Chipotle top Wednesday's earnings parade.

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Nestle shrugs off COVID-19 impact thanks to pet food and health nutrition


The world's biggest food group has weathered the COVID-19 pandemic better than some peers

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Stock futures search for direction as traders wait for stimulus


U.S. stocks rose Tuesday on optimism that Congress would reach an agreement on a spending package to support American households and businesses through the pandemic

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Dunkin, Wendy's spice things up in Twitter battle


The spicy exchange put Dunkin's new Spicy Ghost Pepper Donut up against Wendy's Spicy Chicken Nuggets

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Cathay Pacific cuts 8,500 jobs, shutters regional airline


The cuts are about 24% of the company’s workforce

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AMC warns investors of potential bankruptcy as company looks to raise cash through sale of 15 million shares


"In the event the company determines that these sources of liquidity will not be available to it or will not allow it to meet its obligations as they become due, it would likely seek an in-court or out-of-court restructuring of its liabilities," AMC said in an SEC filing Tuesday. "In the event of a future liquidation or bankruptcy proceeding, holders of the company’s common stock would likely suffer a total loss of their investment." 

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‘Jackpot fatigue’ cutting lottery ticket sales, shrinking prize amounts


Recent changes will make it tougher for prize pools to grow to larger-than-life amounts.

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