FDA Warns Jimmy John’s Against Adulterated Fresh Produce For E. Coli

The U.S. Food and Drug Administration warned sandwich chain Jimmy John’s Franchise, LLC for selling adulterated fresh produce, mainly sprouts, linked to Escherichia coli O103 outbreak. Following the warning, Jimmy John’s reportedly removed sprouts from the menu at all of its restaurants. The Food and Drug Administration, Centers for Disease Control and Prevention, as well as state and local health […]

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Will this RBI plan boost growth? Or dent it?

‘The assumed linear correlation between forced lower yields, higher bank borrowing from the RBI, higher lending, and higher growth involves leaps of faith, each a step on the quicksand of false beliefs,’ warns Debashis Basu. When economic growth falls, the customary expectation is that the Reserve Bank of India would cut interest rates. And indeed, all mainstream economists, especially those […]

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US Troop In South Korea Infected With Coronavirus

An American soldier stationed in South Korea has been infected with coronavirus. The unidentified troop is currently living in isolation at an off-base residence after he was tested positive for the virus, United States Forces Korea (USFK) said in a statement. “The patient, a 23-year old male, is currently in self quarantine at his off-base residence. He visited Camp Walker […]

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Euro-Area Companies Are Set to See Virus-Related Woes Deepen

Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. Euro-area companies are likely to see disruptions from the coronavirus outbreak increase in coming weeks, after they already reported widespread delivery delays, plunging export orders, and slowing job growth. The worrying signs were contained in the latest composite Purchasing Managers’ Index. The headline […]

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‘Mortgage prisoner’ fights to stay in her home

Her problem centres on the £160,000 interest-only home loan she took out 12 years ago. She is one of tens of thousands of people who count themselves as “mortgage prisoners” affected by stricter lending criteria brought in after the last financial crash to cut defaults, leaving some trapped in expensive deals unable to switch. Others like Miss Osner have been prevented […]

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With new GLC Coupe, Mercedes makes it 4 launches in 4 months

It’s here again — Mercedes’s fourth SUV launch in the last four months. First came the G350d, then the New GLC, then the all new GLE with the longer wheelbase, and now the new GLC Coupé!.   It was in 2017 that the Mercedes AMG GLC 43 Coupe made its India debut. Since then, this is its 4th version in India, and the new GLC […]

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Biden Takes Command

Votes are still being counted on Super Tuesday, and they’ll continue to be counted for several days, especially in California and Colorado. The details of the final results will matter. But from what’s in now and what good projections suggest, it’s pretty clear that only former Vice President Joe Biden and Vermont Senator Bernie Sanders still have any chance of […]

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The bull market is turning 11. Will coronavirus stop its epic run?

New York (CNN Business)JPMorgan Chase is bracing for the coronavirus outbreak by asking thousands of its employees to work from home for a day to test contingency plans, a person familiar with the matter told CNN Business. The move shows how seriously the largest bank in the United States is taking the risks posed to its operations by the fast-moving […]

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Copart Shares Could Be Ready to Bounce

Over the past year, shares of Copart, Inc. (CPRT) have gained 49%. The stock has been helped by big institutional demand for the shares. This buying started in July 2019. I actually wrote about this signal back in September. You can read that post here. Shares have jumped 4% since then. The recent pullback is an opportunity to go shopping, […]

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Maria Bartiromo: The lessons I've learned from Jack Welch

Former GE CEO Jack Welch, for me, was truly a mentor: Maria Bartiromo FOX Business’ Maria Bartiromo remembers former General Electric CEO Jack Welch. I've known Jack Welch for more than 25 years. He was my big boss at CNBC when it was owned by GE and he was chairman and CEO. Continue Reading Below He was a very hands-on […]

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