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Business
Musk’s legal fight over $56 billion payday from Tesla enters final stage
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Elon Musk’s $56 billion pay package from Tesla should have been legally recognized when it was restored by a vote of the company’s shareholders last y...
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Boeing awarded $2.7 billion in contracts for Patriot missile seekers
Boeing has secured about $2.7 billion in a combination of multi-year contracts to supply a key guidance component for the Patriot interceptor missiles...
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JPMorgan to invest up to $10 billion in US national security as part of $1.5 trillion pledge
JPMorgan Chase unveiled a plan to hire bankers and invest up to $10 billion in U.S. companies considered critical to national security and economic re...
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Spirit’s troubles expose limits of premium strategy for low-cost carriers
A post-pandemic runup in wages, aircraft lease costs and other operating expenses has eroded the cost advantage that low-cost airlines once relied on....
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Gold’s rush above $4,000/oz cements status as global bellwether
Gold's unprecedented ascent this week to the $4,000 an ounce milestone and beyond puts it on course for its best year since the Iranian Revolution in ...
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Coca-Cola to introduce mini 7.5-ounce cans in US convenience stores
Later this year, Coke will also introduce glass bottles of Coca-Cola soda sweetened with cane sugar rather than high fructose corn syrup.
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US Supreme Court rejects software giant SAP’s bid to avoid rival’s antitrust suit
The Supreme Court declined to hear a bid by SAP to avoid a lawsuit by Teradata that accused it of violating American antitrust law.
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Musk becomes first person to hit $500 billion net worth, Forbes list shows
Elon Musk became the first person to surpass $500 billion in net worth, powered by a rebound in Tesla's share price and swelling valuations of his oth...
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Nike marketing plans in focus ahead of crucial year for sports events
Investors will zoom in on Nike's marketing plans for the coming year when it reports results on Tuesday, after several sluggish quarters in which riva...
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Global debt hits record of nearly $338 trillion, says IIF
The Institute of International Finance, a financial services trade group, said that global debt rose over $21 trillion in the first half of the year t...
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US senator calls FAA’s proposed $3.1 million Boeing fine inadequate
Richard Blumenthal said the FAA's proposed $3.1 million fine against Boeing is inadequate and wants the agency to explain how it calculated the penalt...
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Amazon violated online shopper protection law, judge rules ahead of Prime signup trial
Amazon violated consumer protection law by gathering Prime subscribers' billing information before disclosing the service's terms.
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Live Nation, Ticketmaster joined with ticket brokers to exploit fans, US says
The FTC accused Live Nation and Ticketmaster of costing fans millions of dollars by tacitly allowing ticket brokers to scoop concert tickets and sell ...
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Cracker Barrel shares slump as logo change blowback dents restaurant traffic
Cracker Barrel shares fell nearly 10% before the bell on Thursday, after the restaurant chain's short-lived decision to change its logo hit customer t...
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Fed lowers interest rates, signals more cuts ahead; Miran dissents
The Federal Reserve reduced interest rates for the first time since December and indicated more cuts would follow to halt any signs of weakness.
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Ben without Jerry as ice cream co-founder exits after feud with Unilever over Gaza
Ben & Jerry's co-founder Jerry Greenfield has quit the company after a rift and public feud with parent Unilever over the conflict in Gaza.
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Disney, Universal, Warner Bros Discovery sue China’s MiniMax for copyright infringement
The three major Hollywood studios have jointly filed a copyright lawsuit against MiniMax alleging that its image- and video-generating service was bui...
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India and US to hold trade talks, raising hopes for reset
India and the U.S. will hold trade talks, raising hopes for a breakthrough weeks after President Donald Trump imposed punitive tariffs on the South As...
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