March 7, 2021

Day: March 7, 2021

Geico must face lawsuit claiming it overcharged on car insurance during pandemic: judge

(Reuters) – The auto insurer Geico Corp, a unit of Warren Buffett’s Berkshire Hathaway Inc, must face a proposed class action claiming it overcharged policyholders as the coronavirus pandemic led to less driving and fewer accidents, a judge has ruled.

In a decision on Thursday, U.S. District Judge Sharon Johnson Coleman in Chicago said Illinois drivers may try to prove Geico violated a state consumer fraud law by unfairly and deceptively marketing its “Geico Giveback” discount program. She dismissed breach of contract and unjust enrichment claims.

Neither Geico nor its lawyers immediately responded to requests for comment on Friday. Lawyers

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Council candidates’ finance reports reveal sources of support | Elections

If money is any indication, Randy Minchew is dead serious about his bid to unseat incumbent Betsy Peters as the Sixth Ward Columbia City Council representative.

Minchew had raised a total of $35,066 when he filed his required campaign finance report last Friday with the Missouri Ethics Commission, 40 days before the April 6 election. That’s far and away more than any of the other five candidates running for the Second and Sixth Ward council seats.

Sixth Ward

Sixth Ward candidate Philip Merriman did not file a report Friday. An October quarterly report indicated he had $300, including $200 from

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Raspberry Pi: The pocket-money priced $4 Pico nears one million orders in just two months

Sales of Raspberry Pi’s latest product, the $4 Pi Pico microcontroller, are approaching one million, just two months after the product was released. 

Raspberry Pi Trading, the company behind the Raspberry Pi single board computer, launched its first microcontroller in late January. 

Raspberry Pi’s chief operating officer and hardware lead James Adams says the company, through its resellers, has almost sold one million units of the Pico since January 21. While the Picos are super cheap, it is a substantial number given that Raspberry Pi sold seven million of the more established Raspberry Pi single board computers in the

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No Fees, Higher Loan Amounts

Credit cards usually have very high interest rates, making it harder for you to pay off your debt. Personal loans, which often have lower APR, can therefore help you out when refinancing existing debt or even just making a major purchase.

SoFi Personal Loans come with no fees other than interest, unlike many other lenders who charge origination and late fees. CNBC Select ranked SoFi personal loans as the best for refinancing high interest debt because qualifying applicants can borrow up to $100,000, which comes in handy when your debt feels out of control.

SoFi accepts applicants with good

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Raising the minimum wage is good business | Opinion

By Michael O’Connor

I’m a small business owner, and I strongly support raising the minimum wage to $15. Paying employees wages they can live on is good business.

I own La Barberia, a full-service barbershop with locations in Philadelphia and Jenkintown. I know that if my employees aren’t happy, my customers won’t be happy.

It’s very important for us to have a stable staff without a lot of turnover. Customers count on seeing “their barber” when they come in. We don’t want barbers leaving to make 50 cents or $1 an hour more elsewhere.

The Pennsylvania and federal minimum wage

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‘Big Short’ investor Michael Burry has warned of a stock-market bubble and slammed Tesla, Robinhood, bitcoin, and the GameStop frenzy in recent weeks. Here are his 17 best tweets. | Currency News | Financial and Business News

Christian Bale as Michael Burry in “The Big Short.”

Michael Burry has been sounding the alarm on hype and speculation in markets for months, warning that the reckless promoting and buying will result in a devastating crash.

The investor has taken aim at Tesla – which he’s short – as well as bitcoin, Robinhood, and the GameStop buying frenzy in recent weeks.

The Scion Asset Management chief is best known for his billion-dollar bet against the US housing bubble in the mid-2000s, which was immortalized in Michael Lewis’ book “The Big Short.” He was

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