#Wells Fargo records rare profit beat as credit costs fall

#Wells Fargo records rare profit beat as credit costs fall

“#Wells Fargo records rare profit beat as credit costs fall” Wells Fargo posted a small rise in quarterly profit Friday that beat Wall Street estimates, as stabilizing credit costs helped buffer historic near-zero interest rates meant to prop up the ailing economy during the COVID-19 pandemic. The country’s fourth-largest bank, which has been plagued by hefty…

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#Retail sales fell in December amid COVID-19 surge

#Retail sales fell in December amid COVID-19 surge

“#Retail sales fell in December amid COVID-19 surge” US retail sales fell for the third straight month in December as the coronavirus pandemic led shoppers to pinch pennies and hunker down at home. Retailers and food-service merchants raked in just under $541 billion last month — the lowest level since July — following decreases of…

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#China possibly committed ‘genocide’ against Xinjiang Muslims

#China possibly committed ‘genocide’ against Xinjiang Muslims

“#China possibly committed ‘genocide’ against Xinjiang Muslims” WASHINGTON – China has possibly committed “genocide” in its treatment of Uighurs and other minority Muslims in its western region of Xinjiang, a bipartisan commission of the US Congress said in a report on Thursday. The Congressional-Executive Commission on China (CECC) said new evidence had emerged in the…

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#Biden picks NYC emergency management chief Criswell to head FEMA

#Biden picks NYC emergency management chief Criswell to head FEMA

“#Biden picks NYC emergency management chief Criswell to head FEMA” The head of New York City’s Office of Emergency Management, Deanne Criswell, is bound for Washington, DC, where she will head FEMA, the federal government’s lead disaster response agency, for President-elect Joe Biden. “The American people deserve leaders like Deanne Criswell,” said Mayor Bill de…

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#Liam Neeson announces retirement from action movies

#Liam Neeson announces retirement from action movies

“#Liam Neeson announces retirement from action movies” Liam Neeson is “Taken” a permanent break from kicking bad guy butt.  Putting his menacing “I will find you and I will kill you” threats to bed, Neeson, 68, announced Thursday that he is taking his very particular set of skills and retiring from the action movie genre.  “I’m 68½ —…

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#Controversial YouTuber PewDiePie is making a comeback

#Controversial YouTuber PewDiePie is making a comeback

“#Controversial YouTuber PewDiePie is making a comeback” After a more than four-year hiatus, controversial YouTube personality PewDiePie is returning to social media — only this time, it’s on Facebook. The 31-year-old Swedish entrepreneur boasts more than 8 million followers on his official Facebook page, despite his most recent video post on the platform dating back…

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#Jet.com founder Marc Lore is leaving Walmart

#Jet.com founder Marc Lore is leaving Walmart

“#Jet.com founder Marc Lore is leaving Walmart” Walmart said its e-commerce guru Marc Lore — who many analysts credit for helping the retail giant compete more effectively against Amazon during the past few years — is leaving the company at the end of January. The executive vice president and chief executive of the US e-commerce…

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