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Business

JP Morgan rolls out the first American bank-backed crypto competition

There are three early applications for JPM Coin, according to Farooq. The first is for international payments to large corporate customers, which now typically take place through transfers between financial institutions of decades old networks such as Swift. Instead of taking more than a day to settle because the institutions have interrupted the time for transactions and countries operate on …

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Delta flight did nose dive, twice, makes emergency landing amid turbulence that sent 3 to hospital: report

Video from the flight 5763 the chaotic onboard the flight 5763.            (Twitter / @ JoeJustice0) A Delta Air Lines flight – operated by Compass Airlines– from Southern California to Seattle was forced to make an emergency landing in Nevada Wednesday after heating "severe turbulence" that caused a chaotic scene on board and sent three people to the hospital. Flight …

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Michael Pachter, Timothy O & # 39; Shea says Activision-Blizzard is a purchase

Activision-Blizzard just missed Wall Street expectations, warned of disappointing results this year, and announced it would dismiss 800 employees to cut costs. But if you ask some of the analysts covering the company, Activision has positioned itself for a remarkable rebound next year. The company's outlook for 2019, as it announced as part of the fourth quarter income statement, probably …

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Tesla may face challenges in China expansion

The story you'll hear about the Chinese electric vehicle (EV) market is that it's a bonanza – a wild, wild East where money is getting thrown around and billionaires with no experience in the automotive industry (or even sometimes in manufacturing) have opened their wallets to see who will win the future of mobility. On top of money to be …

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Twitter's CEO Thinks Elon Musk Is Great at Twitter. These Messages Must Not Have Shown Up in His Feed. – Mother Jones

Xinhua / ZUMA Looking for news you can trust? Subscribe to our newsletters Twitter CEO Jack Dorsey said that he likes "how @elonmusk uses Twitter" during an interview conducted on Tuesday on his Dorsey offered up Telsa CEO Elon Musk in response to a question from tech journalist Kara Swisher on who he considered "the most exciting influential on Twitter …

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Tennessee very interested & # 39; in Amazon HQ2 after NYC battle

If Amazon's planned expansion in New York City falls as a result of rising opposition among local politicians, some Tennessee lawmakers will rejoice and work with the e-commerce giant. "We would be very interested in working with Amazon in every way possible," said Bob Rolfe, Commissioner for the Tennessee Department of Economic and Community Development, for FOX Business on Tuesday. …

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New England Motor Freight plowed under by a relentless LTL Nor'easter – FreightWaves

A unionized less-than-truckload (LTL) carrier operating in a high-cost, super-congested region occupies by weather problems for one-third to 40 percent of the year. Tough competition, mostly from non-union carriers, which got much tougher with the entry into the region two years ago of the ninth-largest LTL carrier. Shippers and third-party logistics providers (3PLs), businesses that work on behalf of shippers, …

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Downtown Honolulu office tower to be converted into rental housing

The owner of the 25-storey downtown Honolulu office tower 1132 bishop announced plans today to convert the building to about 500 condominiums with moderate rents. LEGAL PHOTO 1132 Bishop's office tower in downtown Honolulu has been remodeled into a rental house, the developer said. <! – ~ ~ -> <! – ~ ~ -> The owner of the 25-storey downtown …

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