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  • Business

    It wasn’t the endless shrimp that doomed Red Lobster. How private equity pinched the seafood chain.

    by May 25, 2024
    May 25, 2024

    Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to…

  • Business

    Oil prices hit three-month lows, head for weekly loss as summer driving season kicks off

    by May 25, 2024
    May 25, 2024

    Crude oil futures fell to three-month lows on Friday and are heading to a weekly…

  • Business

    Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says

    by May 25, 2024
    May 25, 2024

    Boeing will burn through cash this year and deliveries of new planes won’t improve in the…

  • Business

    Tesla CEO Elon Musk says he favors ‘no tariffs’ on Chinese EVs

    by May 25, 2024
    May 25, 2024

    Tesla CEO Elon Musk said that he doesn’t support President Biden’s recent announcement of a tariff on Chinese-made electric vehicles.…

  • Business

    Warner Bros. Discovery’s NBA rights offer could put it in competition with Amazon, not NBC

    by May 24, 2024
    May 24, 2024

    Warner Bros. Discovery is considering matching an offer for the media rights to a package of…

  • Business

    Collapse of fintech firm with 10M users leaves many Americans without access to their money

    by May 24, 2024
    May 24, 2024

    A dispute between a fintech startup and its banking partners has ensnared potentially millions of…

  • Business

    Target, McDonald’s and others are offering value as they lose ground with bargain hunters

    by May 24, 2024
    May 24, 2024

    Target’s weak quarterly earnings underscored why it cut prices on thousands of household staples: it’s struggling to…

  • Business

    Most Americans falsely think the U.S. is in recession, poll shows

    by May 24, 2024
    May 24, 2024

    More than half of Americans think that the United States is in an economic recession, although gross domestic product has been…

  • Business

    Frontier CEO urges crackdown on ‘rampant abuse’ of airport wheelchair service

    by May 24, 2024
    May 24, 2024

    The 1986 Air Carrier Access Act requires airlines to provide a wheelchair to passengers with…

  • Business

    Warner Bros. Discovery and ESPN strike 5-year deal for College Football Playoff games

    by admin May 23, 2024
    May 23, 2024

    In a move to strengthen its sports offerings, Warner Bros. Discovery has signed a five-year sublicensing deal…

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