An anonymous bidder has shelled out a record $19 million for a private lunch with billionaire Warren Buffet at a steakhouse in New York City. The meal with the Berkshire Hathaway CEO was offered on an eBay auction to benefit the San-Francisco-based charity GLIDE, which helps homeless people and those …
Read More »The head of the Federal Trade Commission says the agency is pushing a robust agenda of actions and policies to safeguard children’s privacy online. The actions include toughening enforcement of a long-standing law governing kids’ online privacy and eyeing the algorithms used by social media platforms that target young people. …
Read More »A jury that found Amber Heard guilty of defaming ex-husband Johnny Depp has ordered her to pay $15 million in damages, posing financial risks for the 36-year-old actress, according to experts. Although Heard’s wealth is unclear, she has earned millions for her work in TV and films such as “Aquaman” and …
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Stocks dipped on Friday, capping a volatile week in U.S. markets as fears spread that U.S. interest rate hikes to fight inflation might stall economic growth. The Dow Jones Industrial Average slipped 98 points, or 0.3%, to 32,899.37, paring losses of as much as 1.4% earlier Friday and adding to …
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Animal rights activists are up in arms over reports that a chicken farm in Iowa killed more than five million birds, after detecting a case of avian influenza, in what activists say was a gruesome culling method. The factory farm later dismissed the more than 200 workers it had tasked …
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Best Buy is recalling 772,000 air fryers and air fryer ovens sold in the U.S. and Canada after more than 100 incidents in which the products caught fire, burned or melted, in one case hurting a child. The company has heard from 68 U.S. residents and 36 Canadians complaining of …
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Amazon is taking a step to offset its rising costs, announcing Wednesday it will add a 5% “fuel and inflation surcharge” to fees it charges third-party sellers who use the ecommerce giant’s fulfillment services. The Seattle-based company said on its website that the added fees, which take effect April 28, …
Read More »As Americans grapple with the highest inflation in a generation, a look at consumer spending patterns reveals where families are seeing the sharpest price increases The typical household spends $2,000 every month paying bills, according to data from bill-pay service doxo shared first with CBS MoneyWatch. Roughly a third of …
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The U.S. Centers for Disease Control and Prevention on Wednesday dropped its two-year-old travel advisory that warned Americans against boarding cruise ships. It’s a move that could help the cruise line industry recover from billions of dollars in losses incurred during the coronavirus pandemic. The CDC first cautioned Americans to stay …
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Stocks rallied and oil prices fell sharply Wednesday as the big swings shaking global markets go in both directions amid uncertainty about the war in Ukraine. The Dow Jones Industrial Average gained 654 points, or 2%, to close at 33,286. The S&P 500 rose 3.6%, ending a four-day losing streak, …
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