Starbucks ends its ‘open-door’ policies
Starbucks doesn’t want to be America’s public bathroom anymore.
CNN (www.cnn.com)
• Published 5 months ago
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Eli Lilly shares drop as drugmaker cuts revenue guidance on weight loss drug demand
Eli Lilly shares dropped after the drugmaker cut its 2024 revenue guidance, citing lower-than-expected demand for its obesity and diabetes drugs.
CNBC (www.cnbc.com)
• Published 5 months ago
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Jack Daniels' parent Brown-Forman is cutting its workforce and closing its barrel-making plant
Spirits giant Brown-Forman Corp. says it’s reducing its global workforce by about 12% and closing its barrel-making plant in Louisville. The cost-cutting moves come as American whiskey producers face challenges from changing consumer trends and tariff threats…
Associated Press (apnews.com)
• Published 5 months ago
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H&E Stock Surges 105% as United Rentals Announces $4.8 Billion Acquisition
The deal is expected to close in Q1 2025, subject to regulatory approvals.
Yahoo Entertainment (finance.yahoo.com)
• Published 5 months ago
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USDA documented insects and slime at Boar’s Head plants, records show
Government inspectors documented unsanitary conditions at several Boar’s Head deli meat plants, not just the Virginia factory that was shut down last year after a deadly outbreak of listeria poisoning, federal records show.
WTOP (wtop.com)
• Published 5 months ago
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Top BlackRock executive Mark Wiedman to depart
Move scrambles asset management giant’s plans to eventually replace founder Larry Fink
Financial Times (www.ft.com)
• Published 5 months ago
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Biden’s ban on Chinese and Russian car software moves ahead
There are some exemptions, but the rule would block imports from MY2027.
Ars Technica (arstechnica.com)
• Published 5 months ago
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JPMorgan's Piepszak exits CEO race for now, making contest murkier
One of the leading contenders to become CEO of JPMorgan Chase , Jennifer Piepszak, on Tuesday took herself out of the running for now, raising the chances of a trio of other executives vying for Wall Street's top job.
Reuters (www.reuters.com)
• Published 5 months ago
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Wall Street rises in choppy trade as inflation data eyed
U.S. stocks rose modestly in choppy trade on Tuesday as investors gauged inflation data and braced for quarterly earnings reports to justify stock valuations and the strength of the U.S. economy.
Reuters (www.reuters.com)
• Published 5 months ago
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Zuckerberg plans Meta layoffs as company culls ‘low performers’ faster
Layoffs could affect 5 percent of the workforce as its CEO seeks to “raise the bar on performance management,” according to a memo viewed by The Post.
The Washington Post (www.washingtonpost.com)
• Published 5 months ago
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Trump’s Billionaire Groupies Get Inauguration Day Pay-Off for Kissing Up
Elon Musk, Mark Zuckerberg and Jeff Bezos are all expected to have prime seats during the president-elect’s big day.
Daily Beast (www.thedailybeast.com)
• Published 5 months ago
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JPMorgan Chase’s Jenn Piepszak replaces Daniel Pinto as chief operating officer
Jenn Piepszak replaces Daniel Pinto as chief operating officer at US’s biggest bank but will not seek to succeed chief
Financial Times (www.ft.com)
• Published 5 months ago
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1 in 5 Online Job Postings Are Either Fake or Never Filled, Study Finds
A plague of "ghost jobs" is haunting the modern job-seeker.
Gizmodo.com (gizmodo.com)
• Published 5 months ago
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United Rentals boosts equipment capacity with $4.8 billion H&E deal
United Rentals said on Tuesday it would acquire smaller rival H&E Equipment Services in a deal valued at $4.8 billion, as the company looks to tap into demand for equipment rentals in more markets within the United States.
Reuters (www.reuters.com)
• Published 5 months ago
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Brown-Forman cutting global workforce, closing barrel-making operation in Louisville
The company made the restructuring announcement on Tuesday.
WDRB (www.wdrb.com)
• Published 5 months ago
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Nvidia Stock Gains. How AI Biden AI Chip Export Restrictions Would Affect It.
Barron's (www.barrons.com)
• Published 5 months ago
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Super Micro Stock Bounces Back After Drop. What’s Moving SMCI.
Barron's (www.barrons.com)
• Published 5 months ago
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Biden administration announces $23M for Vermont ‘Tech Hub’
The Biden administration Tuesday announced $23 million to fund Vermont’s Tech Hub.
WCAX (www.wcax.com)
• Published 5 months ago
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FTC Releases Second Interim Staff Report on Prescription Drug Middlemen
The Federal Trade Commission today published a second interim staff report on the prescription drug middleman industry, which focuses on pharmacy benefit managers’ (PBMs) influence over specialty g
Ftc.gov (www.ftc.gov)
• Published 5 months ago
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Boeing closes the books on a terrible 2024
Boeing had a decent orderbook in December to cap a very bad year. But its deliveries for the month show it continues to struggle to rebound from the crippling strike earlier in the fall.
CNN (www.cnn.com)
• Published 5 months ago
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