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Trump Says He Wants US Economy 'Rarin' To Go By Easter,' Even As New York Faces Critical Ventilator Shortage
Tuesday, March 24, 2020 - 3:16pm | 529Read More...President Donald Trump addressed questions about the coronavirus outbreak in a virtual town hall event hosted by Fox News. Trump addressed the pandemic's economic impact and his optimistic — overly so, according to public health experts — outlook for a path...
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Who Bears The Brunt Of New Quarantine Costs?
Friday, February 3, 2017 - 4:22pm | 610Read More...The question of how much power the government should exercise to keep Americans safe is a complicated and controversial issue; one that is the root of much of the conflict arising since President Donald Trump took office two weeks ago. Trump’s travel ban on visitors from seven majority-Muslim...
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Generac Investors: Thanks, Hurricane Joaquin
Thursday, October 1, 2015 - 12:23pm | 566Read More...Generac Holdings Inc. (NYSE: GNRC) is a designer and manufacturer of power generation equipment and serves the residential, light commercial, industrial, oil and gas, and construction markets. Shares of Generac gained 3 percent on Thursday (adding to Wednesday's surge) as Hurricane...
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Workers Push $15 Minimum Wage, Experts Respond
Thursday, July 23, 2015 - 3:48pm | 1092Read More...The nationwide push toward a $15 minimum wage marched forward on Wednesday. University of California President Janet Napolitano announced that the network of schools would raise its minimum wage for employees working at least 20 hours a week to $15 per hour by 2017. The UC school system employs...
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Plug Power Inc Up On 'Announcement' From New York Gov. Andrew Cuomo
Wednesday, October 8, 2014 - 3:59pm | 175Read More...Plug Power Inc (NASDAQ: PLUG) shares got goosed up Wednesday on anticipation of an announcement from New York Governor Andrew M. Cuomo that didn't quite happen. Cuomo, in the midst of campaigning for a second term, had scheduled the official "announcement" at Plug's...
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How Long Can Tesla's Rally Continue?
Friday, June 20, 2014 - 4:50pm | 734Read More...With many momentum stocks coming back into favor this week, it will be interesting to see if the moves can continue to see upside. One issue that may have found resistance and may be preparing to reverse course is Tesla (NASDAQ: TSLA). Since beginning the week at $206.42, it sprinted to $235.54...
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Tesla Strikes Deal With New York
Monday, June 16, 2014 - 4:33pm | 174Read More...Shares of Tesla (NASDAQ: TSLA) may get another boost after moving almost nine percent higher Monday. New York Gov. Andrew Cuomo signed legislation that will allow Tesla to maintain its five retail locations currently in New York. Related: Why Tesla Is Up Over 8% Cuomo commented on...
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The Top 23 Gay Marriage Supporters in Business Today
Wednesday, June 26, 2013 - 4:32pm | 1663Read More...Editor's note: This piece was originally published on March 27, 2013 This week, the Supreme Court is hearing two landmark cases on the issue of same-sex marriage that may change the current government definition of marriage as we know it. The heavy-hitters who have financed the battle to...
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New York May Partially End Fracking
Thursday, June 30, 2011 - 2:36pm | 117Read More...Hydraulic fracturing, or "fracking" as it's commonly known as, is one of the most controversial topics around, as some believe that it causes contamination in drinking water, which is why many states have banned it or have a partial ban on it. News came out earlier today that New York was...
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Cuomo Wins NY Governor Race
Tuesday, November 2, 2010 - 9:22pm | 112Read More...New York Attorney General Andrew Cuoma (D) has defeated Republican challenger Carl Paladino to become the Empire State's next governor. Paladino was a political novice while Cuomo, whose father Mario was a three-term governor in New York, appears to have been groomed for this role. Cuomo, like...
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Subpoenas Issued To Banks To Check For Misleading Rating Agencies, (GS, MS, C, UBS)
Friday, May 14, 2010 - 1:18pm | 136Read More...Investigators and prosecutors have started focusing their attention on complicated repackaged debt known as collateralized debt obligations. Prosecutors and regulators appear to be on a new track now looking to see if the big banks that designed and sold all those toxic mortgage-linked securities...
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Big Banks Fall (JPM, C, BAC, MS)
Thursday, May 13, 2010 - 4:21pm | 147Read More...Bank stocks came under pressure once again today after reports surfaced that regulators are investigating whether they misled ratings agencies about the safety of certain mortgage-backed securities. Reuters and The Associated Press both reported that the New York Attorney General Andrew Cuomo is...
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Wall Street Banks Investigated Over Misleading Rating Agencies (C, CS, DB, GS, BAC)
Thursday, May 13, 2010 - 11:35am | 266Read More...The attorney general of New York, Andrew Cuomo, is investigating whether eight Wall Street banks misled ratings agencies to inflate the grades of certain mortgage securities. According to the New York Times, last night subpoenas were sent to eight banks viz. Citigroup (NYSE: C), Credit Agricole,...
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Put Activity Grows in BK
Tuesday, May 11, 2010 - 12:33pm | 96Read More...Shares of Bank of New York Mellon Corp (NYSE: BK) are off 0.95% to $31.27 on news that Attorney General Cuomo will sue one of the bank’s units, Ivy Asset Management, on charges related to the Madoff Scandal. Put activity is rising in the name with puts running well above the daily average. The May...
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Bank Of America (BAC) To Settle Merrill Related Claims?
Tuesday, January 12, 2010 - 8:49am | 246Read More...According to the Wall Street Journal, a year after its controversial takeover of Merrill Lynch, Bank of America Corporation (NYSE: BAC) is discussing settling a troublesome state inquiry into the star-crossed deal and the billions of dollars in bonuses that Merrill hurriedly paid its employees. As...
