Markets Now February 12, 2024

Here’s why some people keep uninsured money in their bank

It’s been nearly a year since the collapse of three US regional lenders left financial institutions and regulators scrambling to prevent the spread of a banking crisis.  
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You almost never saw the most famous Super Bowl ad of all time

The most famous – and arguably the best – Super Bowl ad in history, the Apple “1984” ad, was nearly killed by the company for whom it was made.  
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Bob Edwards, longtime host of NPR’s ‘Morning Edition,’ dies at 76

Bob Edwards, the longtime National Public Radio host and a goliath of the broadcasting world, died on Saturday, his wife, NPR reporter Windsor Johnston, confirmed in a Facebook post. He was 76.  
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Beyoncé announces music drop in Super Bowl ad

Beyoncé, Cardi B and Ryan Reynolds were among the reportedly well-paid celebrities who dominated Super Bowl VIII commercials.  
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US judge orders Elon Musk to testify in SEC’s Twitter probe

A federal judge ordered Elon Musk to testify again in the US Securities and Exchange Commission’s probe of his $44 billion takeover of Twitter, giving the regulator and the billionaire a week to agree on a date and location for the interview.  
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Cocoa prices are soaring. Will it affect your Valentine’s Day chocolate?

Cocoa prices are surging so high that even the biggest chocolate makers are struggling to stay profitable. That doesn’t portend well for your wallet this Valentine’s Day.  
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Source: CNN Business