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McDonald's Announces They're Pulling Out Of Russia As Tensions Escalate Over Ukraine
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Immigrant points to squandered wealth, talent in land of limitless possibilities
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Dozens of Western companies have fled Russia in recent days, abandoning inventory, property and investments worth billions and now sitting idle.
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After leading his country's economy over a cliff, President Nicolas Maduro has brought it a certain measure of stability. By allowing dollars to flow freely and private enterprise to flourish in recent months, he seems to have breathed new life int
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The financial services corporations move to cut all Russia-issued bank cards from international transactions
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It may not be the spin-off that Wall Street was hoping for, but Ford is slated to announce that it is going to undergo a re-organization wherein it will separate its internal combustion engine (ICE) segments and its EV segments.
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As another market day comes to an end in the US, another flurry of American companies have announced plans to cut ties with Russian business partners, or simply stop selling their products in the Russian Federation. These companies include Apple, Nik
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Two weeks after a roll-on-roll-off (RORO) car carrier loaded with thousands of Volkswagen AG vehicles, including VW, Porsche, Audi, Bentley, and Lamborghini- branded models, caught fire in the Atlantic Ocean, it sunk Tuesday morning, according to Blo
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Even as the omicron variant loosens its grip on the world, destinations continue to require travelers to show proof of vaccination. And, increasingly, a paper CDC vaccination card is not cutting it.
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Top Tech
The road for Nikola (NASDAQ: NKLA) as a public company has been virtually all uphill. When it went public in the middle of 2020, the company had visions of transforming the trucking sector to battery-powered and hydrogen fuel cell-powered electric se
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--with massive corn processing plant in North Dakota
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As electric vehicle (EV) battery prices keep dropping, the global supply of EVs and demand for their batteries are ramping up.
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Soaring material costs, supply chain constraints, and intensified price competition are some of the reasons why LG Electronics Inc. will shutter its solar factory in Huntsville, Alabama, according to a company press release.
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Amid rising tensions between Russia, Ukraine and the West, Russia's oil and gas exports rebounded sharply in 2021. According to the Bank of Russia, crude oil exports climbed to $32 billion in the fourth quarter of 2021, the highest level since 2014
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Elon Musk has revealed that Tesla's upcoming futuristic diner and drive-in theater, planned for the Hollywood area, will accept the meme cryptocurrency dogecoin.
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It's increasingly being paired with fossil fuel power plants
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For a telling window on the global supply chain crisis, watch the market for the containers themselves: the commoditized, corrugated steel boxes that move the world's cargo.
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American teenagers have gotten the short end of the stick for more than two years - being forced to attend school either in a mask or via Zoom, while missing out on countless rites of passage despite their virtually nonexistent chance of falling seri
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John Deere boasted record profits in 2021 and finally struck a deal with striking union workers. But now it has a bigger problem: farmers are revolting against restrictions on how they repair complex equipment.
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Auto dealers are now selling vehicles well above the manufacturer's suggested retail price (MSRP) to make up for the money lost from inflation and inventory shortages.
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Soaring car prices have set off a battle between automakers and independent dealers, with consumers routinely paying hundreds, often thousands, more than the listed price amid a protracted vehicle shortage.
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North America and Europe are home to some of the world's most famous cannabis cultures, such as California and Amsterdam.
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Kelley Blue Book reports that the average price of a new car in the USA is $47,077 which is higher than the $45,000 price of a base Tesla Model 3. In California the Tesla Model 3 gets about $5750 in incentive discounts.
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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says the securities regulator is working with the Commodity Futures Trading Commission (CFTC) on crypto regulation. In addition, he said the SEC is "trying to work wit
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"Snoop Dogg performing at Super Bowl halftime show becoming even worse look," sports columnist Phil Mushnick comments for the New York Post.
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As FreightWaves' resident logistical expert Greg Miller writes, port congestion -- which dramatically worsened in the second half of 2021 -- appears to have temporarily peaked, although it's too soon to tell whether it's a reprieve before the n
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Ford Motor Co. tumbled into a bear market after a fourth-quarter profit and sales missed Wall Street expectations. Chief Executive Jim Farley warned of "persistent supply-chain disruptions" limiting its ability to meet strong demand.
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Jim Rogers is an investing legend. He and George Soros co-founded the Quantum Fund, one of the world's most successful hedge funds.
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On December 21, 2021, SpaceX's Falcon 9 rocket launched a cargo capsule to deliver supplies and Christmas gifts to astronauts in the International Space Station.
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Putin snoozing, ratings cratering, and a token Uyghur to insult the intelligence of anyone still watching with at least two brain cells - this year's 2022 Winter Olympics is shaping up to be an absolute disaster.
