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Deliveroo inventory surges after courtroom guidelines riders are self-employed
A Deliveroo courier rides along Regent Street delivering takeaway food in central London during Covid-19 Tier 4 restrictions. Pietro Recchia | SOPA Images | LightRocket via Getty Images LONDON — Shares of British food delivery firm Deliveroo surged over 4% Thursday after a U.K. court ruled that its couriers are self-employed. It’s a win for…
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John McAfee died of obvious suicide underneath an extradition warrant in a Spanish jail
Eccentric antivirus software company founder John McAfee was found dead of a suspected suicide in his prison cell in Barcelona, Spain on Wednesday shortly after the country’s national court approved his extradition to the United States to face criminal charges To face tax evasion, his lawyers said. Spanish newspaper El Mundo first reported that the…
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The professional-democracy newspaper Apple Day by day in Hong Kong ceases operations
The Next Media and Apple Daily logos to be seen at their Hong Kong headquarters on June 22, 2021. Peter Parks | AFP | Getty Images Controversial Hong Kong pro-democracy newspaper Apple Daily said Wednesday it would shut down at midnight – just hours after police arrested another employee who allegedly violated the controversial national…
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Stephen Ross-funded PAC spent over $1 million going into NYC main election
A super PAC funded largely by real estate billionaire Stephen Ross spent just over $1 million to influence New York City’s primary race for City Council, with part of that investment going against progressives who are running for key council posts. The organization, Common Sense NYC, has raised over $2 million. Ross, the chairman and…
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Japan’s Nikkei 225 is up greater than 3% as shares rebound in Asia Pacific
SINGAPORE – Asia Pacific stocks rose broadly on Tuesday, with stocks in Japan leading the gains among the region’s major markets. In Japan, the Nikkei 225 rose 3.12% to close at 28,884.13, largely rebounding from a more than 3% plunge on Monday. The Topix index gained 3.16% to 1,959.53. Mainland stocks rose slightly on the…
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DoorDash and Albertsons cooperate on identical day grocery supply
DoorDash announced Monday that it is partnering with Albertsons Companies to offer on-demand delivery of groceries from nearly 2,000 Albertson stores, including Safeway, Vons and Jewel-Osco. DoorDash shares rose more than 5% on Monday while Albertsons rose more than 2%. The partnership shows how DoorDash can help grocery stores like Albertsons compete with Amazon and…
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Japan’s Nikkei 225 briefly drops 4%, main losses throughout Asia markets
SINGAPORE — Shares in Asia-Pacific dropped in Monday trade, as Japan’s markets plummeted. Meanwhile, China kept its benchmark lending rate unchanged. Japanese stocks led losses regionally, with the Nikkei 225 falling 4% in Monday trade. It later pared some of those losses but was still trading 3.43% lower in the afternoon. The Topix index shed…
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Tech staff labored from street throughout Covid, might not return
Courtesy of Kartik Vasan and Smriti Bhadauria When Erica Horn received a work email in May 2020 saying her company would be fully remote for the next year, she knew right away it was time to live out her long-held dream of living out of a van. “Nothing else made more sense than van life…
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Biden laid the foundations for an alliance to protect democracy
To comprehend the audacious ambition behind President Joe Biden’s Europe trip this week, think of him less as U.S. commander-in-chief and more as the democratic (small “d”) world’s physician-in-charge. Eighty years ago, as far fewer democracies were under siege by surging authoritarian forces, Franklin Roosevelt in his famous “Four Freedoms” speech to Congress in 1941,…
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Jeep Grand Cherokee L arriving in showrooms to increase model’s attain
A 2021 Jeep Grand Cherokee L scales a rocky hill at Stellantis’ Chelsea Proving Grounds in Michigan. Michael Wayland / CNBC CHELSEA, Mich. – Jim Morrison smiles as he hears the piercing noise of rocks scraping the undercarriage of the Jeep he’s driving. “The most important thing for us at Jeep is to prove our…