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Jon Yaged to succeed Don Weisberg as Macmillan CEO
May 03, 2022 7:00 am - NEW YORK (AP) - The CEO of Macmillan Publishers, Don Weisberg, will step down at the end of the year. Jon Yaged, currently the company's president, will succeed him. "I...
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Airbnb posts much smaller Q1 loss, revenue doubles from 2021
May 03, 2022 7:00 am - Airbnb sharply narrowed its first-quarter loss to $19 million, as the rebound in travel after two years of pandemic caused bookings to jump and revenue to rise 70% from ...
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Beijing preps COVID-19 hospital spaces, though new cases low
May 03, 2022 7:00 am - BEIJING (AP) - Beijing is preparing new hospital facilities to deal with a possible spike in COVID-19 cases, even though the numbers of new cases remain low. State medi...
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Employers post record 11.5 million job openings in March
May 03, 2022 7:00 am - WASHINGTON (AP) - Employers posted a record 11.5 million job openings in March, meaning the United States now has an unprecedented two job openings for every person who ...
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LinkedIn settles with U.S. over alleged pay discrimination
May 03, 2022 7:00 am - SAN FRANCISCO (AP) - The career-networking service LinkedIn has agreed to pay $1.8 million in back wages to hundreds of female workers to settle a pay discrimination com...
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BP, Clorox rise; Chegg, Expedia fall
May 03, 2022 7:00 am - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Tuesday: Devon Energy Corp., up $5.93 to $64.28. The oil and gas exploration company reporte...
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New Zealand rocket caught but then dropped by helicopter
May 03, 2022 7:00 am - WELLINGTON, New Zealand (AP) - Using a helicopter to catch a falling rocket is such a complex task that Peter Beck likens it to a 'œsupersonic ballet.'ť Rocket Lab, the ...
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Man convicted in $60M film finance fraud scheme
May 03, 2022 7:00 am - FORT LAUDERDALE, Fla. (AP) - An Oklahoma man claiming to be a film financier was convicted Tuesday in South Florida of participating in a scheme to steal more than $60 m...
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Pfizer profit soars in first quarter, revises 2022 forecast
May 03, 2022 7:00 am - COVID-19 vaccine and treatment sales helped Pfizer breeze past Wall Street's first-quarter expectations, as the drugmaker's profit grew 61%. The coronavirus vaccine Comi...
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Starbucks reports record Q2 sales, enhances worker benefits
May 03, 2022 7:00 am - Starbucks' sales climbed to record levels in its fiscal second quarter, but its profits took a hit from climbing labor costs. And those costs are set to grow even higher...