Silicon Valley CEO joins Elon Musk in considering leaving California

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Silicon Valley-based software company Palantir is following Tesla CEO Elon Musk’s lead and openly considering leaving the “increasing intolerance and monoculture” of California, its...

Consumer confidence ekes out gain as economy begins to reopen

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US consumer confidence nudged up in May, suggesting the worst of the novel coronavirus-driven economic slump was likely in the past as the country...

Apple will reopen 100 more US retail locations this week

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Apple will open another 100 retail stores in the United States this week, though most won’t let customers inside. The iPhone-maker will reopen stores across...

Ari Emanuel takes a $5 million hit on LA mansion

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Even super agent Ari Emanuel loses sometimes. Emanuel, who runs Endeavor, the parent company of Hollywood talent agency WME and half of Ultimate Fighting Championship,...

Hertz handed out $16 million in retention bonuses amid financial woes

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US car rental company Hertz Global Holdings said on Tuesday it has paid about $16.2 million in retention bonuses to a range of key...

Apple may soon ditch charging ports in iPhones: report

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Forget the headphone jack — Apple is looking to get rid of all the ports in its future iPhones. That’s the prediction from a known...

KFC’s larger, jazzed-up chicken sandwich may reignite poultry frenzy

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Kentucky Fried Chicken on Tuesday will begin testing an overhauled sandwich featuring a bigger chicken filet and other modifications that could reignite last year’s...

Coronavirus cases surge in meat industry as plants restart

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Coronavirus infections have reportedly surged in the American meat industry as strained producers try to get back on their feet. The number of COVID-19 cases...

SpaceX raises $346M one day ahead of historic rocket launch

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Elon Musk’s SpaceX said on Tuesday that it raised $346.2 million in a new round of funding, a day before it launches two American...

Colombian factory offers on-site bedrooms for workers to reduce coronavirus exposure

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Colombian seamstress Nazly Penagos got an unusual offer from her boss: Come live inside the Bogota factory to reduce the chance of getting sick...

Stocks soar as Wall Street finds hope for coronavirus recovery

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US stocks surged Tuesday as investors latched onto signs that the economy is thawing out after being frozen by the coronavirus. The Dow Jones industrial...

Burger King debuts giant crowns to encourage social distancing

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Burger King has launched giant social distancing crowns to make sure customers keep 6 feet apart. The fast food chain introduced the creative new way...

Google says it will let workers expense $1,000 worth of office furniture

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Google employees who don’t want to return to the office this summer can start shopping for a nice home office. The search giant said Tuesday...

Universal Orlando warns visitors of ‘inherent risk’ of coronavirus exposure

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Touring the real-life Hogwarts Castle might come with a coronavirus curse. Universal Orlando has warned guests that they might contract the deadly COVID-19 bug if...

Hospitals flush with cash got billions in coronavirus bailouts

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Hospitals hoarding massive piles of cash got billions of dollars in federal coronavirus bailouts while vulnerable health centers were forced to scrape by, a...

Hundreds of public companies keep coronavirus loans from federal program

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Hundreds of publicly traded companies appear to be keeping government-backed loans meant to help small businesses weather the coronavirus crisis. Only 68 of the 424...

Move over WeWork: Hotels are the new COVID-19 office

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Who needs WeWork when you can work in a private room with a minibar? Hotels slammed by the coronavirus pandemic are turning to a different...

LATAM Airlines files for bankruptcy as coronavirus slams travel industry

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LATAM Airlines Group announced Tuesday that it filed for bankruptcy in the latest sign of how the coronavirus pandemic has roiled the travel industry. Latin...

Gov. Cuomo rings opening bell at reopened New York Stock Exchange

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Gov. Andrew Cuomo rang the opening bell at the New York Stock Exchange Tuesday as brokers returned to its iconic trading floor for the...

Warner Music Group moves forward with IPO despite coronavirus

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Warner Music Group, the music label behind Cardi B, Ed Sheeran and Bruno Mars, moved forward with its planned initial public offering, saying Tuesday...

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