Apple stock traded slightly down after-hours following the announcement that CEO Tim Cook will be stepping down, to …
The largest initial public offering ever is just days away, and demand for SpaceX stock is expected to be extremely high, with Wall Street clamoring to buy Elon Musk’s rocket and satellite company. The …
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Business
Hillhouse-backed Ascentium buys fellow business services firm Dezan Shira, as the platform tries to ride China’s surge in outbound investment
Ascentium, an Asia-based business services platform backed by Hillhouse Investment, is acquiring Dezan Shira & Associates, a 33-year-old …
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Business
Trump insists there’s no pressure to end the war in Iran that he started, but ‘it will all happen, relatively quickly!’
President Donald Trump offered mixed messages on Monday about the path ahead for the U.S. war against Iran, declaring …
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Business
Jeff Bezos’ Blue Origin grounds New Glenn rocket after a bad engine put a satellite in the wrong orbit
Jeff Bezos’ rocket company, Blue Origin, blamed a bad engine Monday for a failed weekend launch that left a …
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Business
Labor Secretary Lori Chavez-DeRemer leaves Trump’s Cabinet after allegations of having an affair with a subordinate and drinking on the job
Labor Secretary Lori Chavez-DeRemer is out of President Donald Trump’s Cabinet, the White House said Monday, after multiple …
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Business
Nike’s ‘Walkers Tolerated’ sign at the Boston Marathon was meant to fire up runners. Instead, it insulted them.
Nike got a brisk reminder last week of how edgy marketing can easily blow up in a brand’s …
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Business
$166 billion in tariff refunds just became available, but small businesses may already be at a disadvantage
After months of waiting, U.S. importers will finally have access to the $166 billion collected from tariffs that …
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Business
White House-backed USA Rare Earth makes $3 billion acquisition into South America to combat Chinese dominance
USA Rare Earth, a Trump administration-backed miner and manufacturer, is expanding into a larger global player through a …
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Business
Half of all new electricity demand in the U.S. last year came from data centers—just as public opinion of them plummets
The U.S. just had one of its most energy-hungry years in recent memory, and the largest single driver …
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Business
UAE officials reportedly warned they may be forced to use yuan or other currencies if they run low on dollars amid the Iran war
The United Arab Emirates apparently dropped a hint the dollar’s dominance isn’t assured in the global oil trade …
