November 19, 2024

Trump to name Howard Lutnick to lead Commerce Department

Reuters Donald Trump is expected to name investor Howard Lutnick, the co-chair of his transition team, to lead the US commerce department, according to CBS News, the BBC’s US partner. If confirmed, Lutnick would oversee a department that helps boost domestic manufacturing and US companies. It is often a key player in areas where business and national security interests collide, such as restricting technology exports to China or enacting tariffs

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November 19, 2024

Tom’s of Maine toothpaste made with bacteria-tainted water, FDA warns. Here are the details.

11/19: CBS Morning News 21:30 Tom’s of Maine toothpaste was manufactured with water containing bacteria, while a “black mold-like substance” was found in a factory where the product was made, according to a warning letter from the U.S. Food and Drug Administration.  The November 5 letter stated that Tom’s Simply White Clean Mint toothpaste contained Pseudomonas aeruginosa, a germ that can cause infections in the blood and lungs, the FDA

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November 19, 2024

Wall Street shows these 2 cyber stocks love ahead of quarterly results

Wall Street analysts are showing two cybersecurity stocks some love ahead of their quarterly results. The news Evercore ISI this week raised its price target on Palo Alto Networks to $455 from $395, implying a nearly 18% upside from Monday’s close. The analysts said that recent channel commentary not only “sounded notably more positive” ahead of the quarter, but also had a “strong emphasis on solid execution across the board.”

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November 19, 2024

S&P 500 closes higher as Nvidia powers tech ahead of earnings By Investing.com

Investing.com– The S&P 500 closed higher Tuesday, as an Nvidia-led climb in tech helped stocks shrug off earlier concerns about increasing Russia-Ukraine tensions. At 4.00 p.m. ET (2100 GMT), the fell 120 points, or 0.3%, the index gained 0.4%, and the added 1%. Nvidia leads tech higher ahead of earnings NVIDIA (NASDAQ:), the world’s most valuable listed company, gained more than 4% just a day ahead of its quarterly earnings report. Nvidia

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November 19, 2024

Two Solana Ecosystem Altcoins Jump After Crypto Exchange Bithumb Announces Trading Support

Two Solana (SOL)-based altcoins are rallying amid sudden support from the South Korean crypto exchange Bithumb. Bithumb announced spot trading support starting on Tuesday for memecoin PONKE (PONKE) and automated market maker (AMM) protocol Raydium (RAY). Amid the news, monkey-themed PONKE has shot up more than 7% in the last 24 hours, trading for $0.77 at time of writing. The memecoin is up more than 90% in the last 30

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November 19, 2024

Chainlink Collaborates With Microsoft on CBDC Commissioned By Brazil’s Central Bank

Blockchain oracle service provider Chainlink (LINK) is working on a pilot project for Brazil’s proposed central bank digital currency (CBDC) called DREX with Microsoft and other firms in the country. In a press release, Chainlink says it is collaborating with Microsoft Brazil, digital bank Banco Inter and blockchain finance firm 7COMm to build a trade finance solution as part of the second phase of the DREX pilot. The goal of

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