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Investing

Charlie Javice sentenced to 7 years in prison for fraudulent $175M sale of aid startup

Charlie Javice, the founder of a startup company that sought to dramatically improve how students apply for financial aid, was sentenced Monday…
Investing

Video game maker Electronic Arts to be acquired for $52.5 billion

Electronic Arts, maker of video games like “Madden NFL,” “Battlefield,” and “The Sims,” is being acquired for $52.5 billion in what could…
Investing

Nearly 200,000 BMWs recalled over potential fire risk

The owners of nearly 200,000 BMWs should park their vehicles outside because they risk catching fire while parked or being driven, the…
Investing

Trump says U.S. will impose new tariffs on heavy trucks, drugs and kitchen cabinets

President Donald Trump on Thursday announced a new round of punishing tariffs, saying the United States will impose a 100% tariff on…
Investing

Amazon to pay $2.5 billion to settle FTC allegations that it duped customers into enrolling in Prime

SEATTLE — Amazon has reached a historic $2.5 billion settlement with the Federal Trade Commission, which said the online retail giant tricked…
Investing

Former Fed chairs warn that removing Lisa Cook could lead to inflation boom

A group of the country’s top economic leaders, including every living former Federal Reserve chair, filed an amicus brief with the Supreme…
Investing

The charm of watching movies in theaters is fading

WASHINGTON — Americans are more likely to watch newly released movies from the comfort of their own homes instead of heading out…
Investing

Ben & Jerry’s co-founder resigns, claiming parent company Unilever ‘silenced’ its campaigning

Jerry Greenfield, co-founder of the Ben & Jerry’s ice cream brand, has stepped down from the company he started 47 years ago…
Investing

LimeWire acquires Fyre Festival, asking ‘What Could Possibly Go Wrong?’

LimeWire, the filesharing service that set the internet ablaze in the 2000s before being shut down for copyright infringement, said Tuesday that…
Investing

Convenience stores are eating fast-food chains’ breakfast

Fast-food restaurants are losing breakfast customers to convenience stores. Morning meal traffic to fast-food chains rose 1% in the three months ended…
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