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  1. Rewind is offline
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    06-22-2022, 04:17 PM #51
    James Lewis Kraft began a wholesale cheese business in 1903 in Chicago. He and his four brothers formed the J.L. Kraft & Bros. Company in 1909. It was renamed Kraft Cheese Company in 1924 and is now the Kraft Heinz Company. Kraft introduced boxed macaroni and cheese in 1937. The name is being changed to what most people have been calling the product for many years. Shares of Kraft Heinz closed today at 37.05, a gain of 0.44 (1.20%).

    Kraft Macaroni and Cheese is changing its name

    https://www.cnn.com/2022/06/22/busin...ame/index.html

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    06-23-2022, 07:17 PM #52
    In April, Netflix reported a loss of 200,000 subscribers in the first quarter of 2022 – its first subscriber loss since 2011 – and predicted a loss of two million subscribers in the second quarter. Following today's announcement of a second round of layoffs, shares of Netflix closed at 181.71, a gain of 2.82 (1.58%).

    Netflix lays off 300 more employees as revenue growth slows

    https://www.cnbc.com/2022/06/23/netf...s-to-slow.html

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    06-24-2022, 02:06 PM #53
    Yeah, I can see how this could be a problem.

    Toyota is recalling its first mainstream electric car because the wheels can fall off

    https://www.cnn.com/2022/06/24/cars/...all/index.html

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    07-08-2022, 08:39 PM #54
    Musk says Twitter lied about the percentage of its users that are bots and therefore he can tear up the merger agreement. Twitter claims Musk is obligated to buy the company. Kathaleen McCormick, chancellor of the Delaware Court of Chancery, will decide who prevails. Shares of Twitter closed today at 36.81, a loss of 1.93 (4.98%).

    Twitter vows legal fight after Musk pulls out of $44 billion deal
    Reuters, Jul 8 2022 4:14 PM PDT

    Elon Musk, the chief executive officer of Tesla and the world's richest person, said today he is terminating his $44 billion deal to buy Twitter because the social media company had breached multiple provisions of the merger agreement. Twitter chairman Bret Taylor said the board plans to pursue legal action to enforce the merger agreement.

    https://www.reuters.com/technology/e...al-2022-07-08/

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    07-13-2022, 02:18 PM #55
    A spokesman said Starbucks is "closing some stores in locations that have experienced a high volume of challenging incidents that make it unsafe to continue to operate." Those "challenging incidents" were not specified.

    Starbucks is closing 16 stores nationwide due to personal safety concerns

    https://www.today.com/food/news/star...erns-rcna38043

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    07-13-2022, 11:21 PM #56
    Shares of Netflix closed today at 176.56, a gain of 2.11 (1.21%).

    Netflix with ads is coming
    Netflix will partner with Microsoft on a new ad-supported subscription plan, the two companies announced today.

    https://www.cnn.com/2022/07/13/media...oft/index.html

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    07-22-2022, 04:32 PM #57
    For several weeks I was getting three or four of these calls every day. I finally answered one of the calls and pressed "2" to speak with an agent. A woman greeted me and asked for the year and model of my vehicle. I asked her, "Don't you have that information?" "We have it," she told me. "We just need you to verify it." "You do not have that information," I said. "This is a scam. Please quit calling." She hung up – but the calls stopped. A few weeks later, though, a different scammer started calling daily. Warranties should be obtained only from the auto dealers, not from phone scammers out to make easy money.

    The FCC is cracking down on 'auto warranty' robocalls
    CNN, Jul 21 2022 3:20 PM ET

    US telecom providers will now be required to block millions of illegal robocalls a day advertising extended vehicle warranties, the Federal Communications Commission said Thursday, taking aim at a group of individuals accused of sending more than 8 billion such messages since 2018. The order by the FCC requires voice providers to stop carrying calls the agency has linked to 13 individuals and six companies, mostly based in Texas and California but also in such far-flung places as Hungary.

    https://www.cnn.com/2022/07/21/tech/...own/index.html

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    07-28-2022, 12:41 AM #58
    Lemon-lime Fanta was first sold in 1959 in West Germany. In 1961, the beverage was renamed Sprite and introduced in the United States. It is now sold in more than 190 countries.

    Sprite will no longer be sold in green bottles
    CNN Business, Jul 27 2022 2:15 PM ET

    Sprite is retiring its green plastic bottles after more than 60 years. Coca-Cola said today it's changing the packaging from green to clear plastic beginning August 1 as part of broader efforts to become more environmentally responsible. Sprite's current plastic contains green polyethylene terephthalate, an additive that can't be recycled into new bottles, a key initiative for the company as it looks to reduce plastic waste. Other Coca-Cola beverages that use green bottles, including Fresca, Seagram's and Mello Yello, will also be replaced with clear containers in the coming months.

    https://www.cnn.com/2022/07/27/busin...tle/index.html

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    07-28-2022, 06:27 PM #59
    If approved by federal regulators, this deal will create the nation's fifth-largest airline. Shares of Spirit Airlines closed today at 25.66, a gain of 1.36 (5.6%). Shares of JetBlue closed at 8.37, a drop of 0.03 (0.36%).

    JetBlue agrees to buy Spirit Airlines for $3.8 billion

    https://apnews.com/article/ap-top-ne...93cbac661d6cf2

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    07-30-2022, 05:21 PM #60
    In June 2022, the average price for a gallon of unleaded gasoline hit an all-time high of $5.01 – and was more than $6 in California, Oregon, Nevada, Alaska and Hawai'i. Thus, this news will not surprise anybody:

    Exxon, Chevron, Shell profits soar on oil's surge

    https://www.foxbusiness.com/markets/...oar-oils-surge

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