Tag: Breaking News: Business
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The AI rotation stole the spotlight from a strong start to earnings season
The AI trade dominated the market once again this week, upstaging an impressive start to the second-quarter earnings season.
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Fanatics CEO Michael Rubin on two sports businesses his multi-billion-dollar conglomerate won’t enter
Fanatics has become one of the most influential companies in sports, building out a massive merchandise, collectibles and sports gambling platform.
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Korean beauty products are becoming mainstream in the U.S. Why there may be even more growth ahead
Morgan Stanley forecasts that K-beauty sales in the U.S. can reach approximately $4 billion in 2026.
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FAA lets Boeing sign off on 737 Max, 787 airworthiness certificates again
The move is a vote of confidence in Boeing from the U.S. government.
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The cyclosporiasis outbreak linked to Taco Bell is hitting some restaurant stocks, but don’t expect a long-term impact
Taco Bell, which the CDC linked to the cyclosporiasis outbreak, will likely recover soon from the health safety scare, according to analysts.
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Amazon’s Zoox issues software recall after robotaxi drove into heavy smoke
Last month, an unoccupied Zoox robotaxi drove into an active emergency fire scene that was clouded with smoke, the company said.
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Chinese automakers are taking on the UK — and many Brits are embracing it
The surge comes as China’s auto exports have boomed in recent years as the country’s appetite for new models has cooled.
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Inside the Chinese fraud rings stealing billions from banks and retailers
Chinese organized crime groups are making as much as $1 billion annually in tap-to-pay fraud schemes targeting retailers and banks.
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Has Nike lost its ‘cool’ factor? LeBron James weighs in
Nike’s stock has slumped as the sportswear giant faces new competitors and waning influence. LeBron James has some advice on how to regain its ‘cool’ factor.
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Here’s why the housing market is hurting so much this summer
Mortgage rates are high, home prices at record levels and consumers stressed. These are all contributing to a drop in existing home sales and builder sentiment.
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