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Frontier signs first CO2 removal deal with Charm, worth $53 million

The Charm Industrial team. Photo courtesy Charm Industrial. The public benefit company Frontier, which has secured more than $1 billion in commitments from its member companies to remove carbon dioxide from the atmosphere, announced on Thursday its first deal with a carbon removal company: Charm Industrial. Charm will remove 112,000 tons …

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Apple execs skeptical on headset, calling it ‘science project’: report

Apple CEO Tim Cook looks on during an Apple event at their headquarters in Cupertino, California, September 7, 2022. Carlos Barria | Reuters Apple’s headset project suffered from CEO Tim Cook’s “distant” approach and lacked the confidence of key company executives at times, Bloomberg reported Thursday. The augmented reality headset …

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Supreme Court ruling continues to protect Google, Facebook and Twitter

The Supreme Court declined to address the legal liability shield that protects tech platforms from being held responsible for their users’ posts, the court said in an unsigned opinion on Thursday. The decision leaves in place, for now, a broad liability shield that protects companies like Twitter, Meta’s Facebook and …

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Look inside the Joshua Tree Invisible House, on sale for $18 million

One of Airbnb’s most wish-listed properties in 2023 is on the market. The Joshua Tree, California-home is for sale at an asking price of $18 million, making it the most expensive home to ever hit the market in the town located about two hours southeast of Los Angeles in San …

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Brain implant company Paradromics one step closer to FDA approval

Paradromics Cortical Module Source: Padromics A fast-growing team of nearly 50 scientists and engineers at the neurotech startup Paradromics has captured the attention of federal regulators.  Paradromics, founded in 2015, is developing a brain implant that could help patients with severe paralysis regain their ability to communicate by deciphering their …

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Dallas Fed President Logan says current data doesn’t justify pausing rate hikes yet

Lorie K. Logan, the newly appointed Federal Reserve Bank of Dallas president and chief executive, is pictured in this undated handout image, obtained on May 11, 2022. Dallas Federal Reserve | via Reuters Dallas Federal Reserve President Lorie Logan said Thursday that the economic data points so far don’t justify …

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AI-driven gains could lead to 30% S&P 500 profit spike

Over the next 10 years, AI could increase productivity by 1.5 percent per year. And that could increase S&P500 profits by 30 percent or more over the next decade, Goldman Sachs says. Nurphoto | Nurphoto | Getty Images Goldman Sachs is bullish about artificial intelligence and believes the technology could …

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States where homeowners put the most money toward housing costs

The share of income spent on homeownership varies widely across different U.S. states, but the biggest burden is felt in Hawaii, new data from online lending marketplace LendingTree reveals. LendingTree found the percentage of households that spend more than 30% of their income on housing in all 50 U.S. states …

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Why so many people making $100,000 a year don’t feel rich

Shortly after graduating from college in 2013, I landed my first grown-up job in journalism, interning at a personal finance magazine in Washington, D.C. I didn’t know much about the material but I had to learn quickly, since the gig paid just $12 an hour, a wage I supplemented by …

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Jim Cramer says stay invested, but keep reserve cash to buy into weakness

CNBC’s Jim Cramer said on Wednesday not to agonize over investments as Washington edges closer to a debt-ceiling deal. As investors saw on Tuesday, news about lawmakers’ debt ceiling compromise often breaks after market’s close, too late to maximize buying opportunities. To that, Cramer offered advice about how to keep …

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