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The alleged college admissions cheating scam unveiled earlier this week has already triggered at least one call to change the law regarding some donations. Sen. Ron Wyden, D-Ore., said Wednesday that he will introduce a bill stripping tax benefits for donations made to universities and colleges before or during the enrollment of children of the
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Traditional brick and mortar retailers Walmart and Target are beating online retail giant Amazon on Wall Street. Over the last twelve months, Walmart’s and Target’s shares are up 14.16% and 12.73% respectively, while Amazon’s shares are up 6.03%. That’s a big difference from the previous years, when Amazon’s shares were beating the traditional retailers’ shares
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Imagine you’re the proud owner of Los Pollos Hermanos, a fast-food empire with 14 locations in the American southwest that you’ve built on the twin pillars of perfectly seasoned fried chicken and meticulously maintained restaurants. A morning rush-hour snow falls on a sign outside a Pittsburgh McDonald’s restaurant on Wednesday, Feb. 20, 2019. (AP Photo/Gene
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Check out the companies making headlines after the bell: Shares of Ulta Beauty jumped more than 4 percent in extended trading Thursday following the release of the beauty company’s better-than-expected fourth-quarter earnings. Ulta reported earnings per share of $3.61 on revenues of $2.12 billion. Wall Street estimated earnings per share of $3.56 on revenues of
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TD Bank and Strategic Researcher release their second annual Treasury Perspectives Survey.Getty Financial and non-financial corporations’ optimism about business and economic conditions has waned in 2019. Moreover, according to a well-researched and documented survey conducted by Strategic Treasurer and TD Bank, America’s Most Convenient Bank®, a significant percent of companies surveyed have not benefited from President
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When he’s not managing scandals at his alma mater, Rick Caruso manages his portfolio of Southern California real estate, which includes LA’s popular Grove shopping center. © 2018 Ethan Pines Billionaire real estate developer Rick Caruso finds himself in an uncomfortable position this week. The University of Southern California, where Caruso is chair of the
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Dollar General reported better-than-expected same-store sales on Thursday, as its customers spent more on groceries at the discount retailer’s stores, benefiting from an earlier-than-usual issue of food stamps. Same-store sales rose 4 percent in the fourth-quarter ended Feb. 1, beating the 2.6 percent increase analysts had estimated, according to IBES data from Refinitiv. Net sales
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