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Business

Global economy, companies, markets, and financial trends.

Amazon's First Project Kuiper Satellites Launch Amid Space Debris Concerns
Business

Amazon's First Project Kuiper Satellites Launch Amid Space Debris Concerns

On Monday, a United Launch Alliance Atlas V rocket successfully launched 27 of Amazon's Project Kuiper satellites from Cape Canaveral Space Force Stat...
Apr 29, 2025
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World Shares Mostly Higher Amid Mixed U.S. Market Close and Corporate Earnings Week
Business

World Shares Mostly Higher Amid Mixed U.S. Market Close and Corporate Earnings Week

In a quiet trading session, world shares showed mostly positive momentum on Tuesday after U.S. stocks experienced a mixed close. As traders looked to ...
Apr 29, 2025
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Deutsche Bank Reports Strong First Quarter Profit Amid Navigating Economic Challenges
Business

Deutsche Bank Reports Strong First Quarter Profit Amid Navigating Economic Challenges

Deutsche Bank, Germany's largest lender, has reported a robust profit before tax of €2.8 billion for the first quarter of 2025, marking a significant ...
Apr 29, 2025
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A Growing Number of Americans Turn to 'Buy Now, Pay Later' Loans for Groceries Amid Inflation
Business

A Growing Number of Americans Turn to 'Buy Now, Pay Later' Loans for Groceries Amid Inflation

A recent survey conducted by LendingTree highlights a concerning trend among American consumers as rising inflation and ongoing economic uncertainty f...
Apr 29, 2025
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Domino's Sees Shift in Customer Behavior as Delivery Sales Decline
Business

Domino's Sees Shift in Customer Behavior as Delivery Sales Decline

Domino's Pizza has reported a significant decline in delivery orders, prompting a shift in its business strategy as economic pressures mount on consum...
Apr 29, 2025
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DHL Resumes Shipments Over $800 to U.S. Consumers Following New Customs Rule Adjustments
Business

DHL Resumes Shipments Over $800 to U.S. Consumers Following New Customs Rule Adjustments

DHL Express announced on Monday that it is resuming shipments valued at over $800 for U.S. consumers from businesses located in other countries. This ...
Apr 29, 2025
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Americans’ trust in Trump to boost the economy falters amid tariff concerns
Business

Americans’ trust in Trump to boost the economy falters amid tariff concerns

In a recent AP-NORC poll, trust in President Donald Trump's ability to strengthen the U.S. economy is waning, with a notable number of Americans feari...
Apr 29, 2025
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Treasury Secretary Scott Bessent Calls on China to De-Escalate Trade Tensions
Business

Treasury Secretary Scott Bessent Calls on China to De-Escalate Trade Tensions

In a recent interview on CNBC's 'Squawk Box', Treasury Secretary Scott Bessent emphasized that China bears the responsibility for de-escalating trade ...
Apr 29, 2025
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Temu Faces Backlash as Import Charges Soar Post-Trump Tariffs
Business

Temu Faces Backlash as Import Charges Soar Post-Trump Tariffs

In a significant shift impacting consumers shopping on the popular Chinese e-commerce platform Temu, the company has begun levying steep import charge...
Apr 29, 2025
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Access Denied: A Glitch in the World of Online Media
Business

Access Denied: A Glitch in the World of Online Media

In a perplexing display of digital barriers, many users encountered messages denying access to various webpages, particularly from major networks like...
Apr 29, 2025
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Experts Warn that Shifting Production to Underutilized U.S. Plants is Costly and Time-Consuming
Business

Experts Warn that Shifting Production to Underutilized U.S. Plants is Costly and Time-Consuming

In a recent report, analysts have raised concerns regarding the feasibility of automakers shifting production of imported models to underused plants i...
Apr 28, 2025
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Major Cuts at Consumer Financial Protection Bureau Raise Concerns for American Consumers
Business

Major Cuts at Consumer Financial Protection Bureau Raise Concerns for American Consumers

In a dramatic shift following the recent election, significant layoffs have occurred at the Consumer Financial Protection Bureau (CFPB), orchestrated ...
Apr 28, 2025
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Mobileye Global Set to Report Q1 2025 Earnings Amid Analyst Caution
Business

Mobileye Global Set to Report Q1 2025 Earnings Amid Analyst Caution

Mobileye Global (NASDAQ:MBLY) is poised to announce its quarterly earnings for Q1 2025 on April 24, with analysts forecasting earnings of $0.08 per sh...
Apr 28, 2025
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New York State Lawmakers Target Tesla's Direct Sales Model Amid Changing Political Climate
Business

New York State Lawmakers Target Tesla's Direct Sales Model Amid Changing Political Climate

In a significant move, New York state lawmakers, led by Democratic Senator Patricia Fahy, are attempting to revoke Tesla's legislative waiver that all...
Apr 28, 2025
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Germany's Merck KGaA to Acquire SpringWorks Therapeutics for Nearly $4 Billion
Business

Germany's Merck KGaA to Acquire SpringWorks Therapeutics for Nearly $4 Billion

In a significant development in the biopharmaceutical landscape, Germany’s Merck KGaA has officially announced its intention to acquire SpringWorks Th...
Apr 28, 2025
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Flexport CEO predicts mass bankruptcies if US tariffs on China remain in place
Business

Flexport CEO predicts mass bankruptcies if US tariffs on China remain in place

In a stark warning, Ryan Petersen, CEO of logistics firm Flexport, cautioned that the US's current tariff rate of 145% on Chinese products could trigg...
Apr 28, 2025
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Elon Musk's Influence Dims as Polls Reveal Increasing Public Distrust
Business

Elon Musk's Influence Dims as Polls Reveal Increasing Public Distrust

In a recent survey conducted by The Associated Press-NORC Center for Public Affairs Research, Elon Musk's favorability rating has plummeted to just 33...
Apr 28, 2025
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Asian Markets Inch Higher Amidst Cautious Trading Over Trump’s Tariffs
Business

Asian Markets Inch Higher Amidst Cautious Trading Over Trump’s Tariffs

Asian markets experienced a modest uptick in cautious trading on Monday as investors remained vigilant regarding ongoing negotiations over U.S. Presid...
Apr 28, 2025
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Current Stock Market Volatility Offers Opportunities for Patient Investors
Business

Current Stock Market Volatility Offers Opportunities for Patient Investors

The current state of the stock market is characterized by volatility and uncertainty, largely influenced by economic factors such as the effects of th...
Apr 28, 2025
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Website Blocked: Security Measures Impacting Accessibility
Business

Website Blocked: Security Measures Impacting Accessibility

In a recent incident that underscores the increasing challenges faced by internet users, a website reported that visitors are encountering blocks prev...
Apr 28, 2025
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