Washington — The Federal Reserve is imposing sweeping new restrictions on the investments its officials can own, a response to questionable recent trades that forced two top Fed officials to resign. The Fed announced Thursday that policymakers and senior staff would be barred from investing in individual stocks and bonds. They …
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Thousands of cars and trucks have been damaged by major floods this year and that makes it even more important for today’s used-car buyers to scrutinize potential purchases, consumer advocacy groups warn. Anyone kicking the tires on a used car for sale should scan the vehicle inside and out for …
Read More »Alex Rodriguez, the retired New York Yankees shortstop turned businessman, is in line to become one of the new owners of the Minnesota Timberwolves NBA franchise. Rodriguez is partnering with former Walmart executive Marc Lore on the purchase, which also includes Minnesota’s WNBA team, known as the Lynx. Lore and …
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Alex Crothers’ Higher Ground once hosted packed crowds for the likes of Phish and Grace Potter, fan favorites at his South Burlington, Vermont, concert hall. After the coronavirus pandemic shuttered his hall last March, he kept busy by organizing online performances and creating a summer series of outdoor concerts. After …
Read More »Walt Disney’s live-action remake of “Mulan” is hitting small screens today, with the newest version of the 1998 animated hit getting released on the company’s subscription streaming service. The film’s thrice-delayed showing, which costs $30 to purchase for unlimited viewings, follows Universal’s “Trolls World Tour” and Warner Bros.’ “Scoob!” in …
Read More »Professional basketball star LeBron James and his digital media company have unfairly profited from using a slogan trademarked almost two years ago by a Maryland nonprofit, a lawsuit filed this week alleges. James’s company, Uninterrupted, is one of four organizations being sued for trademark infringement by a lawyer representing Game …
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Top Major League Baseball officials allowed fantasy baseball participants to continue placing bets on the performance of players with the Houston Astros and Boston Red Sox despite knowing that the clubs were engaged in a cheating scandal that effectively tainted the players’ statistics, a lawsuit filed this week alleges. Massachusetts …
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New York — Woodstock 50 is proving to be as chaotic as the original festival held in 1969. A financial investor in the festival announced Monday it was pulling its funding from the anniversary event, set to take place Aug. 16-18 in Watkins Glen, New York. “Despite our tremendous investment of …
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Apple has signed a multi-year deal with Oprah Winfrey to create content for its not-yet-launched subscription video service. “Winfrey’s projects will be released as part of a lineup of original content from Apple,” the company said. Apple’s video service is set to compete with streaming platforms Netflix and Hulu–companies that …
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