BUSINESS

Coca-Cola Say Demand In March Reached Pre-Pandemic Levels
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In Coca-Cola’s quarterly earning reports for the first quarter of 2021, the beverage giant said sales reached levels not seen since the…
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LG Electronics To Stop Making Smartphones
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South Korean electronics manufacturer LG has announced it is exiting the smartphone market and will immediately begin shutting down…
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Pfizer Attracts Billion In New Investments As It Begins Using mRNA Technology For Other Viruses
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With the success of the Covid-19 vaccine by Pfizer / BioNTech and Moderna, Pfizer has announced it is beginning to purse new vaccines…
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Shell To Sell Its Egyptian Oil Assets For $925 Million
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Shell has agreed to sell its interest in 13 onshore concessions and in Bad El-Din Petroleum for $926 million as it continues to divest…
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Tesla Buys $1.5 Billion With Of Bitcoin, Plans To Accept Bitcoin Payments
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According to Tesla filings with the Securities and Exchange Commission, SEC, Tesla plans to start accepting bitcoin as payment in a…
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Shell Announces It Is Buying Electric Vehicle Charging Network
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Shell has announced that is was buying Ubitricity for an “undisclosed” amount yesterday, giving the oil major over 2,700 on-street…
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AMC Raises $900 Million In New Capital, Says Its Not Filing Bankruptcy
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Movie theater giant AMC has announced that it has been able to raise more than $900 million allowing it to ward off bankruptcy for most…
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Cyber Monday Sets Record, Becomes Biggest Online Shopping Day In US History
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Consumers spent a whopping $11 billion in online shopping on Cyber Monday which breaks down to $12 million a minute.  Adding to the new…
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Target Stores See Huge Jump In Sales
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Minneapolis based Target has released its fiscal third quarter earning report Wednesday surprising analysts across the board with gains…
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More Malls Are Failing And Filing For Bankruptcy
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CBL & Associates have become the latest mall owners to file for chapter 11 bankruptcy, they operate 107 properties across 26 states…
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