Tag: Breaking News: Business
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From startup to $1.8 trillion: The investors who took a chance on SpaceX now reap the rewards
With SpaceX seeking an IPO valuation of nearly $1.8 trillion, early bets are poised to generate some of the biggest paper gains in venture capital history.
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Oil tanker CEO sees Hormuz ship traffic quickly increasing if U.S. and Iran reach a deal
Many shipowners are just waiting for the threat assessment to be downgraded before crossing Hormuz, Frontline CEO Lars Barstad said.
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Elections advertising spend for 2026 expected to reach record high, outpacing presidential years
High-profile 2026 midterm races in California, Texas and other key states are driving higher spend earlier in the cycle, AdImpact found.
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Hugo Boss pops 7% after top shareholder Frasers launches $2 billion takeover offer
British retail group Frasers owns a roughly 26% stake in Hugo Boss.
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Nike has limited time to prove itself, especially after a tough analyst downgrade
Nike is on borrowed time if it cannot prove itself in its next quarterly report.
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Commercial real estate saw record lending competition in April, according to JLL
Global credit activity among lenders as well as overall competitiveness of loan terms reached an all-time high in April, JLL found.
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North Carolina Treasurer passes on SpaceX citing valuation concerns; favors OpenAI, Anthropic
North Carolina has invested heavily in AI startups OpenAI and Anthropic while avoiding a direct stake in SpaceX.
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Amazon trucking expansion sparks freight stock selloff
Amazon has been spinning out more of its in-house logistics offerings for others to access, posing a growing threat to industry incumbents.
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How pandemic car shortages are still making new and used cars expensive
Pandemic-era shortages are still pushing up used car prices, and automakers learned lessons from that time that stands to keep supply tight
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Weekly mortgage demand surges nearly 11% higher, despite volatile interest rates
Mortgage demand from both current homeowners and potential buyers rose sharply, even though interest rates rose as well.
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