Stamps.com Plummets After Nixing Its Exclusive USPS Deal

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Stamps.com Plummets After Nixing Its Exclusive USPS Deal

Despite a decent fourth quarter, the online postage company says customer demands for two-day shipping necessitated changing its exclusive partnership with the U.S.
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Buyout Pioneer John Childs Charged in Florida Prostitution Sting

John Childs was charged with solicitation of prostitution as part of a six-month-long police investigation into massage parlors in Florida, according to
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Kraft Heinz, Oscars, IPOs Will Lead 2019 (Podcast)

Craig Giammona, Bloomberg News Consumer Reporter, discusses Kraft Heinz writing down the value of some of its best-known brands by $15.4
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Elon Musk Deconstructs Tesla's Production Ramp Timelines

February 22nd, 2019 by Kyle Field. Elon Musk recently went on ARK Invest's “For Your Innovation” podcast, where he talked about Tesla's progress with autonomous vehicle tech and the company's production ramp rates for Model 3 and beyond.
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Kraft Heinz Faces Existential Crisis After $16 Billion Rout

“The cost-cutting mentality is coming back to bite them,” said Ken Shea, an analyst at Bloomberg Intelligence. “They need to get their house in order.”
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