Hiring by the US private sector rose more than expected this month driven by the leisure and hospitality sectors, as rising vaccinations and reopenings across the country continue to boost the labour market. US private payrolls rose by 692,000 in June, according to a report from payroll processor ADP. That was ahead of economists’ expectations…
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New York City mayor Bill DeBlasio said officials were “ready” to take action if the Delta variant became a major concern in the metropolis, and that he saw no need to tighten restrictions “at the moment”. DeBlasio sought to downplay any immediate risks of a major outbreak in New York City of the Delta variant,…
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The Biden administration’s proposal to give consumers more time to enroll in the Affordable Care Act’s health insurance exchanges will lead to more low-income people gaining coverage, but analysts are uncertain whether that would encourage more insurers to offer policies on the marketplaces. On Monday, CMS unveiled a plan to give exchange customers an additional…
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Yesterday, the team behind the parody Amazon Dating delivered us Postdates. It’s like Postmates, but for getting your stuff back from your ex. Postdates looks like the actual Postmates website – you can select a type of relationship (“casually dated,” “lived together,” “one night stand,” etc.) like it’s a type of restaurant. Then, you can…
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This article is an on-site version of our #techFT newsletter. Sign up here to get the complete newsletter sent straight to your inbox every weekday Facebook finally joined the trillion-dollar club on Monday, the elite membership gained not through any amazing financial performance on its part, but due to a reduced risk that regulators would…
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Senior members of Congress have renewed calls to overhaul US competition law following the failure of two landmark attempts to break up Facebook. Democrats and Republicans criticised the decision by a federal court on Monday to dismiss one complaint against the social media company by the Federal Trade Commission and another by individual states. Several…
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The number of startups acquiring e-commerce businesses, especially those operating on Amazon, to grow and scale is increasing as more people than ever are shopping online. The latest such startup to raise capital is Forum Brands, which today announced it has raised $27 million in equity funding for its technology-driven e-commerce acquisition platform. Norwest Venture…
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Henry Ford Health System will mandate the COVID-19 vaccine for its 33,000 employees effective Sept. 10. The Detroit-based health system is the first major health system in Michigan to require employees receive the vaccine. It joins at least 18 other health systems across the U.S. doing so. The mandate announced Tuesday morning requires all employees,…
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