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Netflix Could See 150 Million Worldwide Subscribers

By 2020, Netflix could be in 63% of the households in the U.S. and 17% of the remainder of the world, says one analyst. In 2011, Netflix had just 20 million streaming subscribers in the U.S. It is projected that this quarter it will have over 50 million equal to more than 50% of all households in the U.S. that have a broadband connection. The number one question for many investors with Netflix has been if the company can achieve such a high penetration in the rest of the world as quickly. In a new report released this week, one Wall Street analyst... 
 

LeEco Cutting Over 70% of Staff in U.S. Amidst Pull Back

LeEco, the Chinese smartphone and television vendor has announced it will cut more than 300 of its jobs in the U.S. which represents nearly 75% of its U.S. workforce as the conglomerate streamlines its global operations following a shortage of cash. The goals of cutting the workforce globally are to place more focus on the home market of LeEco and core television and online content business following an announcement by Jia Yueting the founder that expansion was too quick and too costly. LeEco moved from video streaming to television sets, smartphones,... 
 

Shares at Radius Jump as Bone Drug of Amgen Has Setback

Late Sunday Amgen revealed that safety problems emerged in its clinical testing for an osteoporosis drug known as romosozumba (Evenity). The development will at a minimum delay the path of the drug to FDA approval, if not keep it from ever entering the market. The company, based in Thousand Oaks, California said that while the drug met the main goal and some of its key secondary goals in the Phase 3 study of 4,092 patients known as Arch, it also showed there was an imbalance in cardiovascular serious side effects. Approximately 2.5% of the patients... 
 

Blackberry Returns as Stock Surges Following WannaCry

The former king of mobile, whose QWERTY keyboard handsets were at one time so popular with celebrities, traders and politicians that they were given the nickname CrackBerries, now outsources its namesake phones’ manufacturing. Blackberry realized it could not win if it battled with Apple and the many companies making mobile phones that run on Android. Therefore, the company, under the tutelage of CEO John Chen, successfully transitioned to connected devices and software. Software and services represent close to 60% of the overall sales at BlackBerry. The... 
 

Flight Attendants Accuse Frontier Airlines of Not Allowing Breast Feeding

A pair of flight attendants has filed a discrimination complaint against air carrier Frontier Airlines after the two said the airline refused to allow them to breast feed while at work. A law firm and the American Civil Liberties Union or ACLU filed the discrimination charges on Tuesday with the U.S. Equal Employment Opportunity Commission. Both federal as well as state laws require that employers provide accommodations to mothers for breast-feeding and Frontier has not done that, said Sara Neel a staff attorney for the ACLU. She added that often... 
 

General Motors’ Maven Launches in New York City

General Motors launched its car sharing service known as Maven on Monday in New York. The new service allows members to rent several different GM vehicles for any reason they need from an errand of 30 minutes to a road trip of multiple days. Maven will have 80 vehicles parked in Manhattan. Membership is free and members can choose SUVs such as the Chevrolet Equinox or Cadillac Escalade or smaller vehicles such as the Chevrolet Cruze. Using the smartphone Maven app, members are able to see locations of the vehicles, reserve a pickup time and unlock... 
 

Hyundai and Kia Recall Ordered by South Korea Officials

South Korea officials have ordered Hyundai Motor and its affiliate Kia Motors to recall over 240,000 vehicles due to safety defects that a whistleblower had leaked. This is a bad mark against the automaker that will only increase reputation problems with consumers. This move is the first recall ordered by the South Korea transportation ministry for the two automakers, which resisted a request earlier to hold a voluntary recall, and it gives new credence to the allegations Kim Gwang-ho, the engineer for Hyundai for 26 years, made about vehicles. The... 
 

Spirit Airlines Cancellations Cause Chaos in Airport

Upset passengers swarmed Spirit Airlines’ ticket counters with some starting what was described as a near riot at the Fort Lauderdale airport following the cancellation of 9 flights by Spirit Airlines. The airline blamed the cancellations on the failure of pilots to show up. Hundreds of passengers were stranded in the terminal late Monday. The chaos caused by the cancellations is just the latest in a number of incidents involving customer frustration of high-profile proportion, airlines have been facing. On Monday night, the Sheriff’s Office... 
 

FDA Approves New Treatment for ALS

The U.S. Food and Drug Administration approved a new amyotrophic lateral sclerosis or ALS medication. The drug is Radicava and is the second drug to be given the green light by the FDA to treat ALS, also known as Lou Gehrig’s disease, after over 20 years. MT Pharma America manufactures Radicava and is a subsidiary of Mitsubishi Tanabe Pharma in Japan. The drug is given through intravenous infusion and costs over $145,000 annually. ALS is known as a progressive neurodegenerative disease which affects nerve cells inside the spinal cord and brain... 
 

China’s C919 Completes Maiden Flight

China’s C919 passenger aircraft dogged by long delays has finally completed its maiden flight. A major step for the Beijing government as it attempts to increase its profile for global aviation and boost at-home high-tech manufacturing. Under an overcast sky, the aircraft with its C919 on its tail made touchdown at the international airport in Shanghai following a flight of 80 minutes. On hand to give the aircraft an enthusiastic cheer were thousands of aviation workers and dignitaries amongst others. The jet symbolizes the ambitions China has... 
 

Apple iPhone Sales Drop, Shares Follow Suit

Apple Inc. posted falling sales for its iPhone highlighting a big need to launch new, blockbuster features in its latest generation of the company’s flagship device if it hopes to fend off its rivals such as Samsung Electronics. Confidence amongst investors has increased leading up to the major revamp of the next iPhone later in 2017. Competitors have already released their new revamps of their high-end handsets recently, which puts even more pressure on Apple to launch a device that is sufficiently advanced to entice users who already have an... 
 

Valeant Pharmaceuticals Cuts Debt Following L’Oreal Deal

Valeant Pharmaceuticals International said that following its closing that was earlier than had been expected for the sale to L’Oreal of three skincare brands as well as the closing of its divestiture of a Brazil-based manufacturing facility, it reduced senior secured term loans by more than $220 million May 1. In full, the company now has reduced its debt by approximately $3.61 billion since the end of the 2016 first quarter. The pharmaceutical company continues moving towards its pay down expectations of $5 billion in debt from its proceeds... 
 

Barclays Comes Up Short, Shares Fall

Barclays stock took a sharp fall Friday as investors were focused on its poor performance in its markets business, which is a key part of the growth strategy at the bank that missed out on the boom in bond trading enjoyed by its rival on Wall Street during the first quarter of 2017. The bank, based in Britain, is pressing forward with its restructuring plans that have been shifted towards a transatlantic focus on the U.S. and UK and emphasis on its investment banking under CEO Jes Staley an American. In its division of trading, income from the markets... 
 

Revenue at Twitter Beats the Street, Monthly Users Increase

Twitter Inc.’s plan to turnaround the microblogging site may not take as long as first thought. The company posted a drop in revenue for the quarter for the first time since going public during 2013, but its sales of $548 million came in higher than the $509 million estimated by analysts. Shares at Twitter were up by 13% during early trading Wednesday. Prior to Wednesday, the stock had dropped by 10% during 2017. Another positive sign was user growth. Twitter has attempted to reverse a trend of a slowdown in user growth on the site, where people... 
 

McDonald’s Ordering Via Mobile Could Give Handsome Return

Mobile ordering will be available in late 2017 at McDonald’s and Wall Street is happy with the thought. Shares of McDonald’s reached a new all-time high last Friday and are up close to 10% during 2017. McDonald’s has been enjoying a strong comeback since March of 2015 when Steve Easterbrook took the reins as CEO. He moved to revamp the menu at the Golden Arches and focus on technology like in-restaurant self-ordering kiosks. The new changes paid off quickly, with McDonald’s posting solid gains in sales for much of both 2015 as well as 2016.... 
 

Mattel CEO Promises Growth Following Sales Slump

Mattel posted a drop in sales for the first quarter that was more than was expected, as U.S. as well as some retailers in Europe were left with too much inventory following a holiday shopping season that was muted. New CEO Margo Georgiadis said the company viewed its results for the first quarter as disappointing and was not reflective of what can be delivered by Mattel. Georgiadis has been the CEO since February after running the commercial operations for Google in the United States. Mattel addressed the majority of its inventory issues but work... 
 

Burberry Misses Estimates on Sales

Burberry Group Plc the luxury retailer based in the UK posted quarterly sales that missed estimates by analysts as a sales decline continues to accelerate in its Americas region and dropping revenue for Hong Kong showed how tough a task incoming CEO Marco Gobetti is facing. Retail revenue for the fourth quarter increased 2% related to comparable sales, said the company whose headquarters are in London. That amount was less than the estimated increase of 5%. Shares fell their most in the past six months upon the news. Sluggish sales growth at Burberry... 
 

Snapchat: CEO Did Not Label India as Being Poor

Anger in India has boiled over amongst users of social media following allegations by an ex-employee that its Snapchat’s current CEO once called India a poor country that was not a priority for the popular app. Snapchat vehemently denies the allegations. The claims became public last week when documents from a lawsuit were opened to the public. An ex-employee filed the lawsuit against the parent company of Snapchat, Snap. The former employee, Anthony Pompliano worked just three weeks for the company in 2015 before being fired. Amongst several... 
 

Credit Suisse Slashes Bonuses by 40%

Credit Suisse cut the bonuses it gives to its top management by 40% after being criticized by shareholders of the bank’s plans to make a payout of 78 million Swiss francs or $78 million despite heavy losses. The move by the second largest bank in Switzerland is rare and is representative of a victory for shareholders who are pushing more and more for modest pay within an industry where there has been a drop in profits but pay has tended to remain high. On Thursday, in a statement, the bank announced it took the decision after expressed reservations... 
 

Daily Mail to Pay Melania Trump $3 Million

The Daily Mail newspaper in the UK agreed to damages and costs to pay the U.S. first lady Melania Trump over an article it published about her career in modeling. The UK daily published allegations that the current first lady, at one time had worked as an escort. The article was later retracted. The newspaper published the story during the presidential election campaign in the United States last year. Melania Trump accepted the damages as well as an apology from the Daily Mail in London’s High Court. Trump filed a lawsuit this past February seeking... 
 

New York Approves Free College Tuition

New York has become the first U.S. state to make tuition free for students from middle class families at public colleges that are two- and four-year. In January, New York’s Governor Andrew Cuomo introduced his plan of tuition-free. Lawmakers agreed to make it part of the state’s budget, which gained approval on Saturday by the Assembly and late Sunday night by the state’s Senate. It is expected that the governor will sign the budget legislation. Tuition will become free for New York residents who earn up to a certain income cap that will be... 
 

Obamacare Market in Iowa Hit Hard by Aetna

Another big hit was taken by the Affordable Care Act. Three days after the announcement by Wellmark Blue Cross and Blue Shield that it would not be selling new individual plans for health insurance in Iowa beginning in 2018, Aetna said on Thursday it will also stop offering new plans in 2018 for Obamacare citing a financial risk. The decision by Aetna leaves Iowa with only two insurers that for now sell Obamacare plans. Medica another insurer said that it had yet to decide if it was going to continue selling insurance plans in Iowa in 2018. Medica... 
 

Study: First Diagnosis Often Times is Incomplete or Wrong

When given a diagnosis by a doctor of a disease, it often is important to go and get another independent second opinion, shows a recent study published this week by the Mayo Clinic. Second opinions for medical diagnoses’ given at the clinic most often end up with an altered or completely new diagnosis, found the study. In 21% of the cases, doctors at the Mayo Clinic gave a diagnosis that was completely different than what the original was. The diagnosis was altered or broadened in 66% of the cases. The remainder of the diagnoses was unchanged. The... 
 

Tesla Deliveries Set Record for One Quarter at 25,000

Tesla Inc., the U.S. electric car maker, announced on Sunday its vehicle deliveries for the first quarter had surged by 69% from the same period one year ago to set a record for one quarter of 25,000. Tesla said out of all the vehicles that had been delivered, close to 13,450 were its Model S sedan and 11,550 were its SUV Model X. The vehicle maker said it is expecting to deliver between 47,000 and 50,000 Models S and X combined during the first six months of 2017. During the fourth quarter of 2016, deliveries dropped 9.4% because of production... 
 

Executive With Uber Invokes Fifth Amendment

An executive at Uber accused of stealing technology for driverless cars from Google his former employer is invoking his Fifth Amendment right to avoid incrimination, said his lawyers. Attorney representing Anthony Levandowski, the ex-head of the self-driving car unit at Google, who is leading an effort similar to that at Uber at this time, said he broadly asserted his Fifth Amendment rights due to a potential for criminal action from the case. The maneuver made by Levandowski adds additional intrigue to this fight between a pair of technology industry... 
 

FDA Gives Approval to New Powerful Eczema Drug

Regulators approved the first injected, powerful medicine to treat the most serious cases of eczema, a skin condition. On Tuesday, the U.S. Food and Drug Administration granted their approval of Dupixent or dupilumab for moderate to severe eczema, which causes red rashes that are fiercely itchy on the legs, arms and face. In three different studies of this drug that included 2,118 participants, between a third and two thirds reached clear or close to clear skin. Approximately 4 out of 10 had a sharp decrease in itching, bringing about reduced anxiety... 
 

Teen Girls Barred from United Airlines Flight for Wearing Leggings

Two teenagers who were dressed in leggings were not allowed to board a flight one United Airlines Sunday due to breaking the dress code the airline has for travelers with special passes, said a spokesperson for the airline. The two teen girls, who had been traveling with another companion, would not have been banned from boarding for wearing leggings if they had been paying passengers, said a spokesperson for United as the U.S. based airline tried to respond to a huge backlash on social media. The girls were told they could not board their flight... 
 

Fuel Shortage in Venezuela Growing Worse

The state oil company in Venezuela was trying desperately to fill gasoline supplies in many neighborhoods in the capital of Caracas on Thursday as cars were lined up at gas stations amidst a shortage of fuel that is growing worse. While the state run Petroleos de Venezuela SA (PDVSA) said that the situation was normalizing and placed the blame on long lines at gas station on transportation delays, the country’s opposition party says that the oil company needed to lower its costly imports of fuel as it attempts to preserve its dwindling cash on... 
 

FedEx Comes Up Short on Earnings

Facing much higher costs despite transporting millions of packages during this past holiday season, FedEx missed expectations on Wall Street Tuesday for the quarter just ended. The three-month period included the majority of the 2016 holiday shopping and shipping season that included projected record setting days during December. Coming through at that time, which is a critical time for the company, CEO at FedEx Frederick Smith was pleased. However, analysts said that the company faced infrastructure and fuel costs that that were higher. An industry... 
 

Brazil Looks to Calm Fears Over Export and Sale of Meat

Brazilian president Michel Temer, who is confronting a huge corruption scandal that is tarnishing the country’s lucrative meat industry, on Sunday met with executives as well as foreign diplomats in an attempt to assuage the health concerns that are tarnishing a sector that represents $12 billion of Brazil’s exports annually. The meetings followed raids by Brazilian police Friday that are investigating whether companies were paying bribes to conceal conditions deemed unsanitary at meatpackers. Temer is working to protect one of the few sectors... 
 

Dollar General Increasing Pay, Lowering Price and Adding Perishable Goods

As its investors question if the footprint of Dollar General is becoming too large, the retailer must prove its new stores are not the only method of growing sales. To do that, the chain is doing things similar to Walmart. After another drop is sales growth across its established stores, Dollar General outlined on Thursday a strategy it says will drive the business moving forward. While its new plan includes another 1,000 stores in 2017, it incorporates investments that should increase performance at stores in existence. Dollar General knows it... 
 

Euronet Worldwide Tops Offer by Ant to Acquire MoneyGram

Euronet Worldwide Inc. the U.S. based electronic payments company launched a bid of $1 billion for MoneyGram International on Tuesday. Euronet argued that its deal involving two American companies would not face as much scrutiny from regulators as a lower bid from Ant Financial Services from China would. Ant Financial, which is a financial services affiliate of online giant Alibaba Group, said it was committed to its offer. Ant Financial and MoneyGram continues working in cooperation under terms of the agreement to merge between the two and progress... 
 

Oil Prices Drop to Low of Three Months on Rig Count

Oil prices fell to a low of three months Monday despite efforts by OPEC to curb output of crude. The prices were pulled down in part due to U.S. drillers adding more rigs. Brent crude was off 11 cents equal to 0.21% to $51.26 a barrel in London early Monday, which was its lowest since November 30. In its previous session, oil was off 1.6%. West Texas Intermediate in the U.S. was down 19 cents equal to 0.39% to a barrel price of $48.30 which was also its lowest since November 30. Brent Crude will drop for the fifth straight day if it continues at... 
 

Shares of Staples Fall After Earnings Come Up Short

Office supplies retailer Staples saw its shares drop on Thursday after posting a continued drop in sales of its traditional supplies such as printer ink and paper helping drag the company to a loss during its most recently ended quarter. For the quarter, that ended January 31, Staples posted total sales of $4.6 billion which were 3% less that for the same period one year ago. The company posted a net loss from its continued operations of $615 million equal to 94 cents per share. Analysts were expecting Staples to have a profit of 25 cents a share,... 
 

Trump Tweet Sends Pharmaceutical Stocks Tumbling

On Tuesday President Donald Trump reappeared in the debate over prices of drugs and sent pharmaceutical stocks plunging again thanks to a tweet that promised medication costs would be lowered for Americans. Trump tweeted that he was working on a system where the drug industry will once again have competition. Mylan NV, which makes EpiPen the allergy shot that has been the center of public outrage related to drug prices, was down 1.6%, while Perrigo fell 1.8% and Allergan was down 1.1%. Trump tweeted early Tuesday after Republicans in the House unveiled... 
 

Opel Sold by General Motors to PSA

General Motors has sold Opel to the PSA Group in a deal that values Opel at €2.2 billion or $2.3 billion, said the carmaker on Monday. The sale creates another regional giant in carmakers that will challenge Volkswagen the current leader in the market. The maker of Citroen and Peugeot has vowed it will return Opel and Vauxhall its British brand to profitability. It targeted a 2% operating margin within the next three years and one of 6% before the start of 2026 underpinned by €1.7 million in cost savings between the two. Shares of PSA were up... 
 

Snapchat Could Be Given Difficult Test by Asia Rival

The big rival to Snapchat in Asia could spell trouble. Snow is known for its popular animated face filter that is making this messaging app grow rapidly in popularity. Users across Asia, especially girls are in love with the pretty and cute things that Snow offers, said its spokesperson. Because of that, the messaging app gives it young users, who are predominantly female, a number of options to use with most tailored to the huge Asian market. This approach has helped to make Snow so highly successful across Asia that Snapchat might already be shut... 
 

Shares of Kite Pharma Flying High After Reaching Study Goal

On Tuesday, Kite Pharma Inc. announced that CAR an experimental T-cell therapy that helps the body’s immune system to fight cancer, was very effective in the treating of aggressive non-Hodgkin’s lymphoma, as it met the main goal in a key study. Shares of Kite flew up 15.85% following the announcement. CAR T-cell drugs are generated by genetically altering the own T-cells of a patient to add in a component of antibodies making them able to spot as well as kill cancerous cells better. Many drug makers, including Novartis AG, BlueBird Bio Inc.... 
 

Tech Giant in Asia Not Planning to Please Trump

China’s largest maker of smartphones does not have any plans to follow other large tech companies in Asia by meeting with U.S. President Donald Trump and delivering promises of new jobs in the U.S. Richard Yu, the consumer business chief with Huawei said the company is not like Jack Ma. Yu said Ma is more active, but Huawei is more humble. Yu when making those comments had been referring to Ma, the charismatic founder of Alibaba the tech giant based in China, who has met with President Trump during January pledging new jobs in the United States. The... 
 

China Becomes Germany’s Largest Trading Partner

In 2016, China for just the first time became the biggest trading partner of Germany. China overtook both the United States and France with the U.S. dropping to third place and France remaining in second indicated new data released on Friday. German exports to and imports from China increased in 2016 to over €170 billion equal to $180 billion, showed figures from the Federal Statistics Office. This development is likely welcomed by the government of Germany, which has put a goal of safeguarding global free trade following the threat by U.S. President... 
 

Home Depot Increases Dividend Establishes New Buyback Program

On Tuesday, Home Depot posted growth in sales for its fourth quarter, increased its dividend as well as buyback program. The housing market across the U.S. continues growing and Home Depot is reaping the rewards. Shares at Home Depot have increased by 12% during the last three months and increased by 1.8% on Tuesday before the opening bell. The company increased its dividend from 69 cents to 89 cents and authorized a share buyback program of $15 billion. The new program for buyback replaced a previous one. Two years ago, Home Depot authorized a... 
 

CEO at Uber Orders Sexual Harassment Investigation

Uber, the ride-hailing startup, has announced that it will open an investigation after one of its former employees made allegations to the public of sexism as well as harassment at the company. A former engineer, Susan Fowler, who on Sunday published a blog post that detailed her experiences while at Uber, has claimed that the business would not do anything more than issue warnings to her superior after Fowler and other female employees had complained about the alleged sexual harassment. Fowler wrote she had been blamed after she made several reports... 
 

Household Debt Closing in on Levels of 2008

American households around the country are taking on more debt every day. Total debut for households increased at the end of last year to over $12.58 trillion. That represented an increase of more than $266 billion from the 2016 third quarter. This data came from a report released by the Federal Reserve Bank of New York. For the full year, debt in American households increased by more than $460 billion, its largest increase in nearly a decade. The current figures for debt load in American households are closing in on levels of 2008 when total debt... 
 

Pharmaceuticals Shunning Push by Trump for FDA Shift

President Donald Trump has vowed to roll back regulations imposed by the government by 75% or more and that has caused great anxiety amongst some executives with pharmaceutical companies. The worry is a less strict Food and Drug Administration would make it more difficult to gain insurance coverage for their latest expensive medicines. The possibility of change at the federal regulatory agency has come as drug makers are being criticized for their high prices. That includes Marathon Pharmaceuticals that announced on Monday it would delay it launch... 
 

Top Official in Italy Says Facebook Must Act on Hate Speech

On Monday, the president of the lower house of parliament in Italy said Facebook needs to do more to end hate speech on the social media site. She warned that increasing abuse on a number of social media sites was driven by the increase of fake news. The Italian lawmaker, Laura Boldrini, is herself the focus often times of online threats and sexist insults. She complained last November to managers at Facebook about the hate speech on the site and pressured them to handle the problem. In parliament on Monday, she told lawmakers that two months following... 
 

Reckitt Benckiser Paying $16.6 Billion for Mead Johnson

Reckitt Benckiser agreed to acquire Mead Johnson Nutrition, the maker of baby formula, based in the U.S. That takes the Britain-based consumer goods business into new territory and expands its presence across developing markets. Reckitt, which makes Durex condoms, Mucinex cold medicine and Lysol cleaners, said Friday it would pay $90 per share in cash for Mead Johnson. That represents a premium of 30% to the closing price of Mead on the day prior to Rickett announcing it was holding advanced talks with the Enfamil baby formula maker. Including the... 
 

Yum China Beats Expectations in First Earnings Report

Chinese fast-food company Yum China Holdings, which was spun off by its parent in the U.S. last October, topped expectations for earnings in its first quarterly results thanks to help from its expanding chain of KFC restaurants. The company’s profit was 17 cents per share, which excluded certain items in comparison to analyst expectations of 10 cents per share. Growth in sales at same stores for KFC gave results a boost, while its division of Pizza Hut did not perform as well as expected. The results indicate that Yum China has had a solid start... 
 

U.S. Company Leading Race to Buy Airbag Maker Takata

Takata is narrowing down a buyer from the United States to help it get through its huge recall crisis with airbags. The troubled firm, based in Japan, established an independent committee that recommended the takeover bid of Key Safety Systems based in Detroit, Takata said via a prepared statement. However, the airbag maker said that a final decision had not been made. Autoliv was another top bidder based in Sweden, but its bid was rejected because of concerns over antitrust problems. Key Safety Systems did not respond immediately to requests for... 
 

U.S. Adds 227,000 New Jobs During January

The United States economy added over 227,000 new jobs during February, which was ahead of the gain in December of 157,000. The rate of unemployment moved up just slightly to 4.8%, as more people in the U.S. began looking for work, a good sign that explains the slight unemployment rate increase. It is the first jobs report released under the new Trump administration. Nevertheless, the Department of Labor conducted the survey for jobs during the second week in January when the office of the president was still occupied by President Barack Obama. One... 
 

Amazon Will Spend Nearly $1.5 Billion on Air Cargo Hub

Amazon’s new investment, which could help to create over 2,000 new jobs, is just example of the company’s ambition to grow in logistics and shipping. The largest e-retailer in the world is planning to build its first air cargo hub in Hebron, Kentucky at Cincinnati/Northern Kentucky Airport for $1.49 billion, said company officials on Tuesday. The hub is scheduled to create as many as 2,700 jobs in the area. Amazon’s project will span 900 acres and would be the single largest investment ever by any business in northern Kentucky, said state... 
 
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