Walmart’s CFO John David Rainey said the retailer would likely have to raise prices on some items if President-elect Donald Trump’s proposed tariffs take effect. “We never want to raise…
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Business
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Business
Trump Media in reported talks to buy crypto trading platform Bakkt, sending shares soaring
by adminTrump Media is reportedly in “advanced talks” to buy the cryptocurrency trading firm Bakkt, the Financial Times reported Monday, citing two people with knowledge of the talks. The news sent shares of both companies…
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Business
AMC is poised to ride the box office rebound, as long as its debt doesn’t get in the way
by adminThe domestic box office is on the rebound, having posted its highest third-quarter ticket sales since the pandemic. The world’s largest movie theater chain, however, isn’t on such solid footing.…
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Business
TNT’s ‘Inside the NBA’ headed for ESPN and ABC after Warner Bros. Discovery settlement
by adminWarner Bros. Discovery agreed to end its quest to own a package of live National Basketball Association games in the U.S. for the 2025-26 season and beyond, settling all of its…
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DETROIT — General Motors laid off roughly 1,000 employees on Friday as the automaker attempts to cut costs and realign priorities amid changing market conditions, according to a person familiar with the…
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The chief financial officer of Trump Media and two other corporate insiders sold more than $16 million worth of company stock in the week following the presidential election, according to new disclosures. Most of the…
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Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president. It’s a combination that’s paid off handsomely. Since Trump’s victory last week,…
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In the days since President-elect Donald Trump won the presidential race, Nicole Bivens Collinson’s phone has barely stopped ringing. Collinson, who helps lead the international trade and government relations division at the lobbying…
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Cryptocurrencies and stocks, including Tesla, rallied Monday, picking up where they left off last week in the wake of the President-elect Donald Trump’s victory. The price of bitcoin hit an…
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Business
Warner Bros. Discovery adds 7.2 million Max subscribers, the streamer’s largest single-quarter jump
by adminWarner Bros. Discovery said Thursday its streaming platform Max added 7.2 million global subscribers in the third quarter. It marked the biggest quarterly growth for the streaming platform since its inception.…
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