Maker of unproven birth drug Makena to pull from US market
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The maker of an unproven drug intended to prevent premature births says it will voluntarily remove the product from the United States. The late Tuesday announcement comes after regulators planned to …
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By MATTHEW PERRONE
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3/8/23
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Denmark hopes to pump some climate gas beneath the sea floor
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Denmark pushed the button Wednesday on an ambitious project that aims to bury vast amounts of planet-heating carbon dioxide gas beneath the North Sea floor in the hope that it can help the Nordic …
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By JAMES BROOKS and FRANK JORDANS
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3/8/23
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US investigates Tesla for steering wheels that can fall off
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U.S. auto safety regulators have opened an investigation into Tesla’s Model Y SUV after getting two complaints that the steering wheels can come off while being driven. The National Highway Traffic …
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Associated Press
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3/8/23
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Adidas earnings take beating on breakup with Ye, China slump
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Adidas’ breakup with the rapper formerly known as Kanye West and the inability to sell his popular Yeezy line of shoes helped batter earnings at the end of last year. The German shoe and sportswear …
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3/8/23
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From marketing to design, brands adopt AI tools despite risk
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Even if you haven’t tried artificial intelligence tools that can write essays and poems or conjure new images on command, chances are the companies that make your household products are already …
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By MATT O'BRIEN and HALELUYA HADERO
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3/8/23
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French strikers maintain pressure to reject pension plan
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French train and metro drivers, refinery workers, garbage collectors and others are holding further strikes against President Emmanuel Macron’s plan to raise the retirement age to 64. Strikers want …
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3/8/23
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China accuses Washington of trying to block its development
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Is the United States out to sabotage China? Chinese leaders think so. President Xi Jinping accused Washington this week of trying to isolate his country and hold back its development. That reflects …
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By JOE McDONALD
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3/8/23
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Hong Kong's Cathay posts $834 million loss for 2022
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Cathay Pacific Airways Ltd. says it's ready to rebuild as Hong Kong opens up to global visitors, despite reporting wider losses in 2022. In a filing, the airline reported an annual loss of $834.4 …
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By ZEN SOO
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3/8/23
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Steady drip
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A steady water drip can drill a hole through a rock over time. There is power in a steady drip. This timeless truth was written about as far back as the fifth century when classical writer, Choerilus of Samos, wrote, 'with persistence a drop of water hollows out the stone.' There is a great investment strategy in this thought, as well. It's the consistent investing of the same dollar amount on the same day each month or quarter automatically in what is called dollar-cost averaging.
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Dr. Richard Baker, AIF Fervent Wealth Management
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3/8/23
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As bourbon booms, thirst for rare brands breeds skullduggery
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The best bourbons are buttery, smooth and oaky, and a growing cult of aficionados is willing to pay an astonishing sum to score even a shot of these premium spirits. Some are even willing to bend or …
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By ANDREW SELSKY and DAMIAN DOVARGANES
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3/8/23
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In Japan, women find rare parity in the prosecutors' office
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At the prosecutors’ office in Japan, everyone makes their own tea and copies — tasks often relegated to women in a society criticized for its lack of gender equality. Twenty years ago, only about …
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By YURI KAGEYAMA
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3/7/23
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Appeals court restores promoter's lawsuit against FIFA
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A federal appeals court says a promoter's lawsuit against FIFA and the U.S. Soccer Federation can proceed to trial after a lower-court judge had thrown it out. The 2nd U.S. Circuit Court of Appeals …
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By LARRY NEUMEISTER and RONALD BLUM
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3/7/23
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Musk taunts wheelchair-bound Twitter employee he laid off
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If you’re not told you are fired, are you really fired? At Twitter, probably. Haraldur Thorleifsson, who until recently was employed at Twitter, logged in to his computer last Sunday to do some …
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By BARBARA ORTUTAY
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3/7/23
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Founder of Chicago beef shop that inspired 'The Bear' dies
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The founder of the no-frills Chicago sandwich joint Mr. Beef, which inspired FX’s “The Bear,” has died at 69. Joseph Zucchero died unexpectedly on March 1 at Rush Medical Center while …
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By CLAIRE SAVAGE
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3/7/23
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Voting tech firm spotlights Murdochs in defamation suit
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A voting technology company suing Fox News is arguing that Fox Corp. leaders Rupert and Lachlan Murdoch played a leading role in deciding to air false claims that the technology helped “steal” …
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By JENNIFER PELTZ
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3/7/23
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Live free or dry: No buying booze on Amtrak in New Hampshire
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Riders on an Amtrak train that runs from Maine to Boston will soon have to hold off on buying alcoholic beverages during the 35-mile stretch that goes through New Hampshire. The Amtrak Downeaster …
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3/7/23
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US sues to block JetBlue from buying Spirit Airlines
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The Biden administration is suing to block JetBlue Airways from buying Spirit Airlines, saying the deal would reduce competition and drive up air fares for consumers. The Justice Department said …
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By DAVID KOENIG
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3/7/23
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FDA: Two more eyedrops brands recalled due to risks
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U.S. health officials are alerting consumers about two more recalls of eyedrops due to contamination risks that could lead to vision problems and serious injury. The announcements follow a recall …
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3/7/23
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Slovakia's prime minister forms new party before early vote
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Slovakia's prime minister says he's creating a new centrist political party before the country's early election in September. The name of the new party is the Democrats. The move means that Prime …
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3/7/23
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Biden will seek Medicare changes in new budget
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President Joe Biden has started to unveil parts of his budget proposal being released later this week. The Democratic president is beginning with his plan for Medicare, including higher taxes on …
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By CHRIS MEGERIAN
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3/7/23
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