Telecom major Verizon is recalling 2.5 million Ellipsis Jetpack mobile hotspots citing fire and burn risks, the U.S. Consumer Product Safety Commission said. In a statement, the agency noted that the lithium ion battery in the hotspots can overheat, posing fire and burn hazards. The recall was initiated after Verizon received 15 reports of devices overheating, including six reports of […]
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The claim: There is an active serial killer in Hot Springs, Arkansas Viral posts on social media are warning of a purported serial killer in Hot Springs, Arkansas. “ATTENTION Be on high alert in HOT SPRINGS, AR, and surrounding areas,” reads a widely shared April 12 Facebook image. “Five bodies have been discovered since March, each dismembered and left in […]
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CNBC.com's Pippa Stevens brings you the day's top business news headlines. On today's show, Kate Rooney wraps up the watershed moment when Coinbase became a publicly traded company. Plus, Robert Frank explains how the red-hot Florida real estate market ay be overheating. Coinbase stock closes down day after landmark Nasdaq debut Coinbase shares whipsawed Thursday, a day after the cryptocurrency […]
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Bissell, Hoover, and Moosoo make excellent affordable vacuums that don’t compromise quality. The handheld vac in our guide is under $100, while the corded, cordless, and robot vacs are under $200. See also: The best vacuums These days, many vacuums come with bells and whistles like Wifi compatibility, advanced particle detection, and a whole army of specialized attachments. But if […]
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A Fed survey found white-owned small businesses were twice as likely to get non-emergency financing as Black-owned ones. It also found that 46% of Black-owned firms that applied for financing didn’t get anything. Black-owned businesses also experienced delays in receiving Paycheck Protection Program loans. See more stories on Insider’s business page. Small businesses have been hit hard financially by COVID-19, […]
Read moreAsian stock markets are mostly lower on Friday, despite the positive cues overnight from Wall Street, as data emerging from China showed higher than expected inflation. The markets are also cautious amid the continuing surge in coronavirus cases in the region and the possible restrictions on economic activity in several markets. Asian markets ended mostly higher on Thursday. However, the […]
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A survey of nearly 500 employees shows many burned out junior bankers are planning exits. Wall Street Oasis released a side-by-side comparison of conditions at 10 top investment banks. Attrition has risen over years and will get worse, says Wall Street Oasis founder Patrick Curtis. See more stories on Insider’s business page. Wall Street may face an exodus if it […]
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A CNBC poll found that just 36% of voters support Biden’s infrastructure plan as is. But most supported funding for nontraditional infrastructure measures, like caregiving and climate. The GOP argues that anything unrelated to physical infrastructure doesn’t belong, but voters seem to disagree. See more stories on Insider’s business page. President Joe Biden unveiled his $2.3 trillion infrastructure package two […]
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Elon Musk's SpaceX rolled out its Starlink early access program to the public six months ago, with the satellite internet service growing to more than 10,000 users in the first few months. To get real-life first impressions of the service, CNBC spoke to more than 50 people who have been using Starlink. Those surveyed included households in Canada and 13 […]
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