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Tag: business news usa

20/04/202311/07/2024

A Japanese airline accidentally sold some $10,000 business class tickets for $300 after a mistake with currency conversions

Two ANA business class signs at check-in.

All Nippon Airways sold some business class tickets priced at $10,000 for only $300.Taylor Rains/Insider

  • One of Japan’s biggest airlines accidentally underpriced some first class and business class tickets.

  • All Nippon Airways sold a ticket worth $16,300 for $890 because of a currency conversion error.

  • It is not clear if the airline will honor the tickets sold while the glitch was occurring.

A Japanese airline accidentally underpriced some business class tickets, with a handful of travelers securing $10,000 tickets for only $300, Bloomberg reported on Wednesday.

All Nippon Airways, one of Japan’s largest airlines, listed incorrect prices for tickets

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20/04/202311/07/2024

BuzzFeed will close news division

Pulitzer Prize winning digital media company BuzzFeed will shut down its news division and cut another 15 percent of its staff across the company, adding to layoffs made earlier this year.

BuzzFeed has approximately 1,200 total employees, according to a recent regulatory filing.

In a memo sent to staff, co-founder and CEO Jonah Peretti said that in addition to the news division, layoffs would take place in its business, content, tech and administrative teams. BuzzFeed is also considering making job cuts in international markets.

Peretti said in a memo to staff that he “made the decision to overinvest” in the

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19/04/202311/07/2024

Is Your Compliance Plan Protecting You?

Healthcare compliance plans are essential to ensure your practice is following the law. Your compliance plan can keep your practice out of trouble.

We can help you stay on top of the latest news that affects your everyday life. Subscribe to stay up to date. (To subscribe to our blog click here).

A recent enforcement action highlights the need for an effective and updated compliance plan.

A physician in Arkansas has been sentenced to 102 months of prison time and to pay over $4.63 million in restitution. Following release from prison, he will have three (3) years of supervised

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12/04/202311/07/2024

Could AI threaten Gen Z’s career prospects? College students express concerns

AUSTIN, Texas – University of Texas students shared with Fox News whether they fear AI replacing them in their future jobs, with one computer science major saying ChatGPT poses a “big risk” to his planned career.

“A lot of my career path revolves around trying to go into software engineering,” Abhinav, a computer science and business major, told Fox News. “I can see that ChatGPT and a lot of the advanced AI is able to complete a lot of the easier tasks, especially for front-end development.”

VIDEO: COLLEGE STUDENTS CONSIDER A HYPOTHETICAL AI TAKEOVER OF THEIR CAREERS

WATCH MORE FOX

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11/04/202311/07/2024

Home-based workers became younger, more diverse in pandemic – Business News

Photo: The Canadian Press

FILE – Lindsay Garfield, finance director at SquareFoot which helps companies find office space, works from home in New York on March 11, 2020. According to survey data from the US Census Bureau, people working from home became younger, more diverse, better educated and more likely to move during the worst part of the COVID-19 pandemic, according to survey data from the US Census Bureau. (AP Photo/Bebeto Matthews, File)

People working from home are becoming younger, more diverse, better educated and more likely to move on during the worst part of the COVID-19 pandemic, according to

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28/03/202311/07/2024

Nordstrom Canada will launch sales at its closing stores starting Tuesday

The liquidation sales at Nordstrom stores across Canada will begin Tuesday, a spokesperson for the department store chain confirmed in an email to CBC News.

At a hearing at Osgoode Hall in Toronto on Monday, the Ontario Superior Court of Justice gave the US retailer’s Canadian branch permission to start liquidating its merchandise.

Lawyer Jeremy Dacks, who represented Nordstrom, said the company has “worked hard to achieve a consensual path forward” with landlords, suppliers and a court-appointed monitor to find an orderly way to wind down the business.

The monitor, Alvarez & Marsal Canada, suggested five potential third-party liquidators and

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27/03/202311/07/2024

Why First Citizens got a $16.5 billion discount for taking over Silicon Valley Bank [Video]

Stocks of regional banks surged Monday after regulators announced a sale of Silicon Valley Bank’s deposits and loans, an agreement that demonstrates how much government assistance will be required to stoke new deals making during this banking crisis.

The buyer, First Citizens Bancshares (FCNCA), was up 47% at 11:15 am ET. The stock of another troubled regional lender, First Republic (FRC), was 15% higher as that San Francisco lender considers a number of options to stabilize its situation. PacWest Bancorp (PACW) and Western Alliance Bancorp (WAL), two other California lenders that came under investor pressure following Silicon Valley Bank’s failure,

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16/03/202311/07/2024

Ohio sues Norfolk Southern over toxic train derailment – Business News

Suit over toxic train wreck

The Canadian Press – March 14, 2023 / 12:24 pm | Stories: 416030

Photo: The Canadian Press

Ohio filed a lawsuit against railroad Norfolk Southern to make sure it pays for the cleanup and environmental damage caused by a fiery train derailment on the Ohio-Pennsylvania border last month, the state’s attorney general said Tuesday.

The federal lawsuit also seeks to force the company to pay for groundwater and soil monitoring in years to come and economic losses in the village of East Palestine and surrounding areas, said Ohio Attorney General Dave Yost.

“The fallout from

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