updated - October 1, 2020 Thursday EDT
Bank of America Corp. (BofA), who provides most of the dollar notes dispensed by banks in Angola, is stopping the supply of U.S. dollar bills to banks in Angola, two people familiar with the matter told Bloomberg. Angolan banks are encouraging residents to start using euros, South African or Chinese currencies instead as greenbacks become scarce.
Freddie Mac said in a press release that their Primary Mortgage Market Survey show mortgage rates have slightly declined leading up to the Thanksgiving holiday. The rates, though, have yet to rise above four percent since July 23, 2015.
The government of Alberta, Canada has announced in a press release its Climate Leadership Plan that will accelerate the transition from coal to renewable electricity sources, puts a price on carbon pollution, and sets emission limits for oil sands.
The U.S. Food and Drug Administration (FDA) has announced in a press release that they are approving AquaBounty Technologies’ application for the AquaAdvantage Salmon, a genetically engineered Atlantic salmon that reaches market size quickly than the not genetically engineered farm-raised Atlantic salmon. The FDA said that the genetically engineered Atlantic salmon is “safe to eat.”
Airport workers at seven of the busiest hubs in the U.S. went on a strike on Wednesday, November 18, 2015, and will continue until Thursday, November 19, 2015, according to a report from Reuters. The workers are fighting against what they say are bad wages and threats against unionizing.
Bruce Dayton, who co-founded Target Corp. with his five brothers, has died of natural causes on Friday at the age of 97, according to a report from The Wall Street Journal. Mr. Dayton, one of the five brothers who turned their family’s Minnesota department-store business in what is now known as Target Corp., was the last surviving brother.
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