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Ralph Lauren Steps Down As CEO
The designer named former Old Navy executive Stefan Larsson as his successor.
A ticket stub from Jackie Robinson's majors debut sells for a record-breaking $480K
It was the second time the record was broken in the same auction. Earlier on Sunday, a bidder bought a full ticket from Michael Jordan's 1984 NBA debut with the Chicago Bulls for $468,000.
Are you on a high-deductible health plan? What do you wish you knew?
People with ACA health insurance just saw prices surge and many switched to plans with high deductibles and health savings accounts. If that's you, what do you wish you knew about how your plan works?
Montana becomes the first state to ban TikTok
Gov. Greg Gianforte banned the app on state government electronic devices last December, and has said he is concerned about people's user data being compromised by the Chinese government.
FCC Set To Approve AT&T-DirecTV Merger
The agency's chairman circulated an order to his fellow commissioners to approve the $48.5 billion merger. He said the move would increase competition in the broadband space.
Hospitals Win In States That Chose To Expand Medicaid
In negotiations over the Affordable Care Act, hospitals agreed to cuts in federal payments for uncompensated care in the expectation that millions of people would get Medicaid coverage.
Sen. Dodd: Fannie, Freddie 'Too Big To Fail'
The rescue plan for giant mortgage companies Fannie Mae and Freddie Mac promises credit and possible stock purchases. It might cost the U.S. nothing — or it might cost $25 billion. Democratic Sen. Christopher Dodd says balancing investor confidence and taxpayer exposure is a fine line, but "doing nothing is not an option."
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Farmers And Their Cooperative Settle Lawsuit On Fixing The Price Of Milk
Farmers in the Southeast had accused their own food cooperative, the Dairy Farmers of America, of striking a deal that created a milk monopoly and suppressed the price paid for raw milk. In settling the case, the cooperative said it did nothing wrong.
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1:43
Foreign Investors Trade Dollars For U.S. Residency
Obtaining a U.S. visa can be pretty straightforward if you have $500,000. The EB-5 program grants foreigners permanent residency if they invest $500,000 in an American business and create at least 10 jobs. Despite its success, critics say the program pushes the rich to the front of the immigration line.
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4:00
For Saudi Women, New Subway Will Mean More Than A Cool Ride
Work will begin next year in Riyadh, Saudi Arabia, on what's touted as the world's biggest investment in public transportation. The biggest impact is likely to be social, providing greater independence and affordable transportation options for women — who are forbidden from driving — and the poor.
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