Category: ABC News

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WeWork attempts to go public again, this time through a SPAC

WeWork attempts to go public again, this time through a SPAC

WeWork attempts to go public again, this time through a SPAC Nearly two years after its attempted initial public offering of shares disintegrated, WeWork will go public in a merger with a special-purpose acquisition company ByThe Associated Press March 26, 2021, 11:25 AM • 2 min read NEW YORK — Nearly two years after its...

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UK supermarket chain Asda loses ruling over equal pay claim

UK supermarket chain Asda loses ruling over equal pay claim

UK supermarket chain Asda loses ruling over equal pay claim More than 40,000 store workers at Asda, Britain’s third-largest supermarket chain, can proceed with their longstanding claim for equal pay following a ruling from the country’s Supreme Court By PAN PYLAS Associated Press March 26, 2021, 11:13 AM • 2 min read Share to FacebookShare...

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Asian stocks advance on optimism over pandemic recovery

Asian stocks advance on optimism over pandemic recovery

Asian stocks advance on optimism over pandemic recovery Shares are higher across Asia after a strong gains on Wall Street driven by hopes for a powerful recovery from the pandemic By ELAINE KURTENBACH AP Business Writer March 26, 2021, 8:16 AM • 3 min read Share to FacebookShare to TwitterEmail this article BANGKOK — Shares...

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Egypt races to dislodge giant vessel blocking Suez Canal

Egypt races to dislodge giant vessel blocking Suez Canal

Egypt races to dislodge giant vessel blocking Suez Canal A giant container ship remains stuck sideways in Egypt’s Suez Canal By SAMY MAGDY Associated Press March 26, 2021, 6:44 AM • 3 min read ISMAILIA, Egypt — Tugboats and a specialized suction dredger worked Friday to dislodge a giant container ship that has been stuck...

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Australian envoy reportedly describes China as 'vindictive'

Australian envoy reportedly describes China as 'vindictive'

Australian envoy reportedly describes China as 'vindictive' Australia’s ambassador to Beijing has reportedly described China as a vindictive and unreliable trading partner By ROD McGUIRK Associated Press March 26, 2021, 6:43 AM • 3 min read CANBERRA, Australia — Australia’s ambassador to Beijing has reportedly described China as a “vindictive” and “unreliable” trading partner as...

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China sanctions Britons after EU move on Xinjiang

China sanctions Britons after EU move on Xinjiang

China sanctions Britons after EU move on Xinjiang China has announced sanctions on British individuals and entities following the U.K.’s joining the EU and others in sanctioning Chinese officials accused of human rights abuses in the Xinjiang region ByThe Associated Press March 26, 2021, 6:19 AM • 3 min read Share to FacebookShare to TwitterEmail...

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AP FACT CHECK: Biden skews figures on border, taxes, more

AP FACT CHECK: Biden skews figures on border, taxes, more

AP FACT CHECK: Biden skews figures on border, taxes, more WASHINGTON — President Joe Biden on Thursday misstated the reality at the U.S.-Mexico border when he asserted that “nothing has changed” when it comes to the number of children coming to the United States since his predecessor, Donald Trump, was in office. The numbers are...

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How two friends made art history buying a $70M digital work

How two friends made art history buying a $70M digital work

How two friends made art history buying a $70M digital work It took a few minutes for Vignesh Sundaresan and Anand Venkateswaran to realize that they’d parted with $69.3 million for a digital artwork stored in a JPEG file, coincidentally securing their place in art history. “We weren’t sure we won,” said Venkateswaran, describing the...

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Agency finds that Elon Musk tweet violated federal labor law

Agency finds that Elon Musk tweet violated federal labor law

Agency finds that Elon Musk tweet violated federal labor law Tesla CEO Elon Musk has tweeted his way into trouble with another federal agency, this time the National Labor Relations Board ByThe Associated Press March 26, 2021, 1:18 AM • 2 min read Share to FacebookShare to TwitterEmail this article DETROIT — Tesla CEO Elon...

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Caesars puts pandemic losses at $2B, wants insurers to pay

Caesars puts pandemic losses at $2B, wants insurers to pay

Caesars puts pandemic losses at $2B, wants insurers to pay Casino giant Caesars Entertainment is putting its losses because of the coronavirus pandemic in 2020 at more than $2 billion — and is suing a long list of insurance carriers it says are balking at paying its business interruption costs By KEN RITTER Associated Press...