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Business Highlights: Spending rises, jobless claims tick up

MassMutual fined $4M over failure to supervise main instigator of GameStop frenzy

NEW YORK (AP) Massachusetts regulators are fining MassMutual $4 million and ordering it to overhaul its social-media policies after accusing the company of failing to supervise an employee whose online cheerleading of GameStop’s stock helped launch.

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