Tag: Breaking News: Business
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Tech backlash reaches fever pitch as AI angst collides with social media fears
With data center concerns becoming a major election issue and Meta reaching a landmark settlement in a social media case, the tech backlash is gaining steam.
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Goodyear burning rubber and cash as turnaround plan continues
The tire maker has an ongoing turnaround plan as the company tries to restructure its business, refinance and pay down years of debt.
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Apple hikes subscription prices for Apple TV and Apple One in the U.S.
Apple raised prices for Apple Music by $1 per month in July, citing licensing costs.
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Affirm surges on strong outlook; CEO says high gas prices are hitting U.S. shoppers
The national average price for gas is at $4.09 per gallon and was last below $3 on March 2.
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Imax says it’s open to a sale. Why is no one buying?
Imax’s stock and box office are breaking records, but studio conflicts and a soaring valuation complicate the list of who could bid for the company.
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This beaten-down retailer just surged 35%. Jim Cramer says to pounce on the next pullback
CNBC’s Jim Cramer said Thursday Abercrombie & Fitch still looks attractive, though he’d wait for the shares to cool off before buying.
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FDA approves daily HIV pill from Gilead designed to simplify treatment for some patients
The new pill is also aimed at people who are doing well on a single-tablet regimen, including Biktarvy, and want to switch to a new treatment.
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Gap shares jump 9% after announcing new Old Navy CEO to revive struggling brand
Gap announced a new CEO for Old Navy on Thursday as the brand reported a decline in comparable sales for the most recent quarter.
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August apartment rents turn positive for the first time in four years
Apartment rents are finally turning positive as vacancies drop, thanks to less new supply.
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Anthropic pushes into physical world with new standard to help AI agents operate machines
The Model Hardware Standard is initially available in a research preview, but Anthropic plans to open source it in the future.
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