Former President Donald Trump will soon be at the helm of a publicly traded company that will trade under the ticker “DJT,” after his initials, and boast a potential valuation of more than $5 billion — a lofty amount for a business that’s losing money and has scant revenue. Trump’s next career move as head of a publicly traded company …
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The Women’s Cancer Fund raised $18.3 million by vowing to help patients, telling donors that their money would help pay the living expenses of women going through treatment for the disease. But a new lawsuit from the FTC and 10 states allege that the bulk of the money instead went to pay the charity’s president and for-profit fundraisers. The lawsuit, …
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Two men allegedly killed by an Idaho inmate who escaped custody this week with the help of an accomplice have been identified. James L. Mauney, 83, and 72-year-old Gerald “Don” Henderson were killed near their homes during themassive manhuntfor Skylar Meade, who escaped from Idaho Department of Corrections custody, allegedly with assistance from Nicholas Umphenour, Idaho State Police said. The …
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Sacramento, Calif. — State Farm will discontinue coverage for 72,000 houses and apartments in California starting this summer, the insurance giant said this week, nine months after announcing it wouldn’t issue new home policies in the state. The Illinois-based company, California’s largest insurer, cited soaring costs, the increasing risk of catastrophes like wildfires and outdated regulations as reasons it won’t …
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Washington — President Biden on Saturday signed the massive spending package that the Senate approved overnight, avoiding a partial shutdown of the government and ending a monthslong fight over spending that persisted six months into the fiscal year. The package fully funds the government through September. The Senate approved the $1.2 trillion package, which was unveiled early Thursday, in a …
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Your burger and fries could soon cost $12 in the morning and $20 just a few hours later — at the same restaurant. That’s because more eateries are experimenting with so-called dynamic pricing by lowering and raising menu prices based on demand. People who use ride sharing services like Uber or Lyft are accustomed to the companies boosting prices when …
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The rate environment of recent years has not been favorable for borrowers but it has been a boost for savers. Thanks to decades-high inflation and a rapid rise in interest rates meant to tame it, savers have seen their returns increase exponentially. It’s not difficult to find a high-yield savings account over 5% right now while select savers can secure …
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London— Catherine, the Princess of Wales, announced in a video message released Friday that cancer was discovered following her January abdominal surgery and she is undergoing preventative chemotherapy on the advice of her medical team. The announcement came after months of widespread speculation about the 42-year-old princess’ health and controversy over doctored images released by Kensington Palace. Kate said that …
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NEW YORK – Former Rep. George Santos said Friday he’s leaving the Republican Party. His announcement comes after the House passed a massive $1.2 trillion spending package that funds the government through September ahead of a midnight deadline to avert a partial shutdown. That measure passed 286 to 134, with a majority of Republicans voting against it. After it passed, …
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For most basketball players, making it to the NBA is the ultimate dream. But Brooklyn Nets star Mikal Bridges has another dream as well. “My other dream was being a second grade teacher,” the small forward told CBS News. “I think just helping kids has always been a big thing of mine.” Why second grade? “Because I loved second grade …
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