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Category Archives: Uncategorized

Bitcoin rally helps create more than 84,000 new crypto billionaires in a year

The surge reflects the rapid growth of bitcoin exchange-traded funds, which now have more than $50 billion in assets since their launch in January.

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Restaurants fight back against the FTC crackdown on ‘junk fees’ as diners balk at new charges

The FTC is trying to crack down on “junk fees.” Restaurants are fighting to keep fees and surcharges on their checks.

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Cava earnings beat estimates as restaurant traffic climbs nearly 10%

The Mediterranean restaurant chain Cava said its fiscal second-quarter traffic climbed 9.5%, bucking industry trends.

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FDA approves updated Pfizer, Moderna Covid vaccines as virus surges; shots to be available within days

The Covid jabs target a strain called KP.2, a descendant of the highly contagious omicron subvariant JN.1 that began circulating widely in the U.S. this […]

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Peloton shares soar 35% as turnaround plan takes hold, losses shrink

Peloton has been working to generate free cash flow and return to profitability, and has made cuts to sales and marketing budgets to improve its […]

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Why Ford believes its $1.9 billion shift in EV strategy is the right choice for the company, investors

The shifts in the automaker’s electric vehicle strategy will cost the Detroit automaker up to $1.9 billion in expenses and write-downs.

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Delta chief operations officer departing for another company after just over a year on the job

Delta’s COO Mike Spanos, a company outsider, was hired in May 2023.

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Classic car sales stall in Monterey auctions as new generation takes charge

The average sale price was $476,965, down slightly from last year’s average of $477,866.

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Boeing Starliner returning empty as NASA turns to SpaceX to bring astronauts back from ISS

Boeing will return its capsule from the International Space Station without the NASA astronauts that Starliner delivered to orbit.

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Bronfman’s Paramount bid could keep Shari Redstone involved at the company

Edgar Bronfman Jr. is open to having Shari Redstone remain involved at Paramount if the special committee accepts his consortium’s bid for a controlling stake.

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