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Oracle
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Business & Lifestyle

Oracle to buy medical e-records company Cerner

Price tag for purchase a record $28.3 billion

AUSTIN, Tex./KANSAS CITY, Mo. (UPI) -- Software developer Oracle announced on Monday that it has agreed to buy electronic medical records company Cerner for close to $30 billion -- the largest acquisition in the company's history. Oracle said it will pay $28.3 million for Cerner, which provides electronic record-keeping for hospitals and doctors' offices nationwide. The all-cash deal, expected to close next year, values Missouri-based Cerner at $95 per share. "Healthcare is the largest and most important vertical market in the […]

todayDecember 20, 2021 42

Federal Reserve Jerome Powell
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Business & Lifestyle

Federal Reserve to announce end of bond-buying program

WASHINGTON (UPI) -- The Federal Reserve opened a two-day meeting on Tuesday at which Chairman Jerome Powell is expected to announce the tapering of the Fed's bond-buying program, which was enacted as an emergency response to COVID-19. Powell and the Fed have resisted ending the program so far, but there's now pressure to start winding down $120 billion in monthly purchases due to changing economic conditions. Amid rising inflation, Powell has indicated that the Federal Reserve Board will begin to […]

todayNovember 3, 2021 8

Sam's Club
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Business & Lifestyle

Expecting pent-up demand, Sam’s Club to start holiday sales early this year

BENTONVILLE. Ark. (UPI) -- Sam's Club, the discount retailer owned by Walmart, signaled on Friday that it's expecting Americans to return to major holiday celebrations this year after a muted Thanksgiving and Christmas season in 2020 due to COVID-19. Sam's Club announced its plans for the 2021 holiday season, which include larger turkeys, taller Christmas trees, and greater inventories of toys. The membership-only company said it will also offer twice as many discounts as it did last year. "Sam's Club will […]

todayOctober 8, 2021 2

U.S. stocks treasury
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Business & Lifestyle

U.S. stocks trade mixed as 10-year treasury yield fluctuates

NEW YORK (UPI) -- U.S. stocks traded mixed on Wednesday as the 10-year treasury yield fluctuated, sending tech stocks lower. The Dow Jones Industrial Average gained 90.73 points, or 0.26%, and the S&P 500 gained 0.16%, while the tech-heavy NASDAQ Composite lagged behind, falling 0.24%. The NASDAQ opened up about 0.5% after dropping 2.8% on Tuesday as the 10-year treasury yield fell below 1.5% but bounced back above 1.54% in the afternoon. Netflix stock gained 2.61% and Apple stock increased 0.65%, […]

todaySeptember 29, 2021 13

money business financial
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Business & Lifestyle

Six expenses your business will probably face

For any business, money is the key to survival and success. Getting your finances right is of paramount importance. Errors could be very costly. However, a lot of people often underestimate the costs associated with running their own company. With that being said, read on to discover some of the most overlooked business expenses associated with running a business.  Credit card fees Allowing customers to pay via credit card is recommended. You can use a smart terminal for this. After […]

todaySeptember 29, 2021 4

AMC Theatres
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Business & Lifestyle

AMC confirms plan to accept cryptocurrency payments

Movie chain will accept payments of Bitcoin, Ethereum, Litecoin, and Bitcoin Cash

AMC, the largest movie exhibition company in the U.S., Europe, and the world, has unveiled its plan to accept cryptocurrencies by the end of the year. As of March 31, AMC owned or operated approximately 950 theaters and 10,500 screens globally. AMC CEO Adam Aron tweeted Wednesday: Cryptocurrency enthusiasts: you likely know @AMCTheatres has announced we will accept bitcoin for online ticket and concession payments by year-end 2021. I can confirm today that when we do so, we also expect […]

todaySeptember 17, 2021 5

Illinois economy
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Capitol News Illinois

Illinois economy surges in first quarter

Signs of pandemic stress still linger

SPRINGFIELD (Capitol News Illinois) – The Illinois economy showed strong signs of recovery during the first quarter of 2021 as businesses continued to reopen from the pandemic and direct government payments flowed to businesses and individual consumers. Data released last week from the U.S. Bureau of Economic Analysis showed the state’s economy grew at an annual rate of 6.4 percent during the quarter as its gross domestic product – the market value of all goods and services produced by labor […]

todayJune 29, 2021 3

tax
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Business & Lifestyle

IRS extends deadline for tax returns to May 17

WASHINGTON (UPI) -- The Internal Revenue Service on Wednesday pushed back the date by which Americans must file their federal tax returns to give people more time to pay what they owe during the pandemic-related economic downturn. The new filing and payment deadline is May 17, more than a month later than the traditional April 15 date.   "This continues to be a tough time for many people, and the IRS wants to continue to do everything possible to help taxpayers […]

todayMarch 18, 2021 13

Andrew Yang
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Business & Lifestyle

NYC mayoral candidate Andrew Yang plans to make city a Bitcoin hub

Yang promises to turn NYC into a Bitcoin and crypto hub as mayor

NEW YORK (Bitcoin.com) -- Entrepreneur and former presidential candidate Andrew Yang is running for mayor of New York City. The Democratic primary is on June 22. He ran for U.S. president in the 2020 election before dropping out early last year. Yang tweeted Thursday: “As mayor of NYC – the world’s financial capital – I could invest in making the city a hub for BTC and other cryptocurrencies.” “I am running for mayor because I see a crisis – and I believe […]

todayFebruary 14, 2021 11

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