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President-elect Joe Biden has tapped at least a dozen staffers at major tech companies to help with his transition into the White House.
The techies — many of whom previously worked in the Obama
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Americans likely won’t have to pay for a coronavirus vaccine once researchers have one ready, according to reports. The US government plans to pick up the tab for the hundreds of millions of vaccine doses that pharmaceutical firms are racing to produce, the Wall Street Journal reported. The feds are also reportedly talking with insurance …
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Kodak’s stock price plummeted early Monday after the Trump administration slammed the brakes on a loan deal to help the company launch a pharmaceuticals business. Shares in the former photography giant tumbled 38.2 percent to $9.20 by 7:50 a.m. after the US International Development Finance Corporation put the $765 million loan on ice amid probes …
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Monopolies are bad. Regardless of your political views, that statement probably elicited nothing stronger than a yawn. Why? Because even some of the most ardent free market crusaders recognize the dangers of monopolistic power. Competition is the great driving force behind our economy, producing innovation, rewarding efficiency and good management, and reducing prices. Monopolies produce …
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The U.S. birthrate fell to the lowest level since the federal government began compiling statistics in 1909. In 2019, the U.S. saw a rate of 58.2 births per 1,000 women ages 15–44, according to statistics from the Centers for Disease Control and Prevention’s National Center for Health Statistics. The number of births in 2019 was …
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Online retailer Amazon, criticized for not acting quickly enough to curb sellers who charged hundreds of dollars for high-demand hand sanitizer during the early phase of the new coronavirus pandemic, urged Congress on Wednesday to pass a law against price gouging during times of national emergency. Price-gouging is not usually illegal but can be in …
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The feds are concerned that Zoom’s security flaws could make the popular videoconferencing platform vulnerable to foreign spies, a new report says. An intelligence analysis from the Department of Homeland Security found that Zoom’s explosive growth and its well known security problems make it a “target-rich environment” for government spy services and other hackers, ABC …
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Sen. Marco Rubio before the Senate Health, Education, Labor, and Pensions Committee on Capitol Hill in Washington, D.C., March 22, 2017. Senator Marco Rubio (R., Fla.) on Tuesday pushed back against President Trump’s claim that, as president, he has the authority to decide when to lift business closures imposed by governors to mitigate the spread …
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As the federal government prepares to launch a $349 billion loan program meant to help small businesses survive the coronavirus pandemic, critics have growing concerns that some mom-and-pop shops might get squeezed out. The Paycheck Protection Program — part of the $2 trillion relief package signed into law last week — was billed as a …