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Business
Musk the trillionaire? Debate over his Tesla pay package rages
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Shareholders will decide in a proxy vote whether to grant Musk enough stock to potentially make him history’s first trillionaire.
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What a Federal Reserve rate cut means for your finances
The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the second time since September.
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Pizza Hut’s parent company says it’s considering selling the chain
Yum Brands said it’s conducting a formal review of options for the brand, which has struggled to compete in a crowded pizza market.
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Tylenol, Kleenex, Band-Aid and more put under one roof in $48.7 billion consumer brands deal
Kimberly-Clark is buying Tylenol maker Kenvue in a cash and stock deal worth about $48.7 billion, creating a massive consumer health goods company.
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Billie Eilish to billionaires: ‘No hate, but give your money away, shorties”
In accepting the award, the “Bad Guy” singer added a polite but direct call to others in the room, saying a lot of people could use some help right no...
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What to know as the annual sign-up window for health insurance arrives
Higher prices, less help and a government shutdown all hang over health insurance markets as shoppers start looking for coverage this week.
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4.9 million pounds of frozen, boneless chicken have been recalled
Hormel Foods is recalling nearly 4.9 million pounds of frozen boneless chicken products it sold to restaurants, cafeterias and other outlets.
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Sports betting is a booming business. The FBI’s NBA probe is putting it in the spotlight
The stunning indictment that led to the arrest of more than 30 people on charges of illegal sports betting has drawn new scrutiny of the booming busin...
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Boom to bust: Beyond Meat struggles to stay relevant
After years of phenomenal growth, Beyond Meat has recorded declining annual sales since 2022. It has never turned an annual profit.
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The Dow hits a record as 3M, Coca-Cola and other big US stocks climb
The Dow Jones Industrial Average hit a record on Tuesday as the floodgates opened for companies reporting how much profit they made during the summer....
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Warner Bros Discovery ponders outright sale
Warner Bros Discovery is considering an outright sale following unsolicited interest in what would be the latest shakeup across legacy media.
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Ford to recall nearly 625,000 US vehicles over camera display, seatbelt issues
Ford is recalling nearly 625,000 vehicles in the U.S. due to seatbelt and rear-view camera display problems.
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Nestle to cut 16,000 jobs as new CEO ignites ‘turnaround fire’
Nestle will cut 16,000 jobs as the world's largest packaged food company seeks to cut costs and win back investor confidence.
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Musk’s legal fight over $56 billion payday from Tesla enters final stage
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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