Tag: Breaking News: Business
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Nearly 10% of borrowers opted for riskier mortgages last week, as rates soared over 7%
As mortgage rates rise, borrowers are seeking savings in riskier, adjustable-rate mortgages that offer lower rates.
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DOJ defends Trump ban of 3 news outlets, says White House access is a ‘privilege — not a right’
The Department of Justice also argued President Trump was motivated by national security concerns in banning MS NOW, CNN and Politico from the White House.
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Qantas to start selling tickets next year for its New York to Sydney nonstop flight
Qantas plans to start selling tickets for its first New York to Sydney nonstop flight.
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Royal Caribbean nears $3 billion deal to take 50% equity stake in Sandals
Royal Caribbean has been trying to diversify beyond cruises and become a leader overall in vacations.
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Trump administration removes around 760,000 Obamacare enrollments, alleging fraud
Vice President JD Vance’s White House Task Force to Eliminate Fraud estimates the action will save roughly $2.2 billion in taxpayer-funded subsidies.
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Trump snaps at CNN at United Nations: ‘You should not be here covering me’
CNN, MS NOW and Politico are challenging Trump’s ban of them from the White House with a lawsuit alleging he violated their First Amendment rights.
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Flight disruptions ease at Newark, Philadelphia airports following equipment outage
Flight delays continued Tuesday but were far fewer compared with Monday, when an FAA flight data system failed and a damaged cable severed a backup system.
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Autonomous trucking company Aurora looks to accelerate toward profitability
Aurora’s founder and CEO told CNBC the company is targeting positive free cash flow by 2028, driven by a substantial increase in the number autonomous trucks.
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McDonald’s is hosting an investor day as its U.S. business struggles. Here are 4 things to expect
The presentation comes as McDonald’s U.S. business disappointed in its most recent quarter.
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Peloton is revamping its treadmills with new features in the next phase of its turnaround
With its new treadmills, Peloton aims to appeal to customers from casual workers to more serious athletes.
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