Tag: business news
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U.S. plans to sanction another bank in effort to clamp down on Iran transactions: Bessent
Bessent’s campaign means to push countries that still do business with Iran to sever their financial ties or face retaliation from the U.S.
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U.S. strikes Iranian rocket launchers near Strait of Hormuz
The last major U.S. strikes on Iran were carried out in late July.
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Aon nears $17 billion deal to buy insurance broker USI, WSJ reports
Aon is nearing a roughly $17 billion deal, including debt, to acquire insurance brokerage USI from KKR, the Journal reported.
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Iceland counts votes in tight referendum on EU membership talks
The referendum campaign has fueled debate about Iceland’s place in the world, Prime Minister Kristrun Frostadottir told reporters after casting her ballot.
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National Park Service backs Trump’s 250-foot arch despite ‘adverse effects’ on historic sites
The park service is backing the arch, despite finding that it would adversely affect historic sightlines and other visual relationships among nearby landmarks.
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Op-ed: Salesforce just revealed the next battleground in AI — and it’s not the models
For the past year, markets have vaporized roughly $2 trillion in software value by asking the wrong question about AI.
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Nepal resumes flood rescue, seeks technical help and billions of dollars
The Himalayan nation called for specialist foreign assistance and its finance minister told Reuters it would also need up to $5 billion to rebuild.
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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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Buffett remains active at 96, but Berkshire’s shares aren’t doing much
Warren Buffett will be celebrating his 96th birthday on Sunday, but Berkshire Hathaway investors aren’t celebrating the stock’s anemic performance.
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CFTC fines former White House aide $172,000 for trading on Trump speech information
Perez had access to Trump’s speeches before they were delivered and used that information to trade the contracts for his personal benefit, the CFTC said.
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