Apple on Monday reaffirmed a commitment to invest hundreds of billions of dollars in the U.S. over the coming years amid…
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Starbucks will lay off 1,100 corporate employees and will not fill several hundred other open positions, the coffee chain’s CEO Brian Niccol…
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Robinhood app says SEC dismissed crypto investigation in sign of easier industry regulation
by adminThe Securities and Exchange Commission is dropping its investigation into Robinhood’s crypto arm, the company revealed Monday. Robinhood said it received a…
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IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company’s history
by adminAn “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on…
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Amazon has dethroned Walmart in quarterly revenue for the first time ever. Amazon said earlier this month that it brought in $187.8 billion in revenue during…
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The largest U.S.-based cryptocurrency exchange said Friday that the Securities and Exchange Commission would drop its lawsuit against it, a signal…
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Executives at Meta stand to get bigger bonuses this year. The company said in a corporate filing Thursday that it had approved “an increase in…
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Airbus could prioritize deliveries to non-U.S. customers if Trump tariffs impede trade, CEO says
by adminAirbus could prioritize deliveries to its non-U.S. customers if tariffs disrupt the European plane maker’s imports stateside, CEO Guillaume Faury said Thursday.…
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ESPN plans to add user-generated content to upcoming ‘flagship’ streaming service
by adminIn an attempt to court younger audiences, Disney’s ESPN is planning to add some user-generated content to its yet-to-be-named flagship streaming service, which…
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Walmart is known for its low prices and no frills approach. So it may come as a surprise that wealthier shoppers are…