Crude oil futures fell to three-month lows on Friday and are heading to a weekly loss as the summer driving season gets underway…
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Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says
Boeing will burn through cash this year and deliveries of new planes won’t improve in the second quarter from the first, as the manufacturer…
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Tesla CEO Elon Musk said that he doesn’t support President Biden’s recent announcement of a tariff on Chinese-made electric vehicles. “Neither Tesla nor I asked for these tariffs,”…
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Many live music fans likely met the news that the U.S. Justice Department is seeking to break up Ticketmaster and its parent company…
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Auto insurance rates are jumping the most since the 1970s, but there could be relief soon
Soaring auto insurance costs have been a principle driver behind inflation over the past year, but there could be relief on the way,…
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The next frontier for the ad market isn’t on TV — it’s at screens near points of sale. Television had long been the…
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It wasn’t the endless shrimp that pinched Red Lobster. How private equity rolled the seafood chain.
Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster was America’s largest…
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Warner Bros. Discovery’s NBA rights offer could put it in competition with Amazon, not NBC
Warner Bros. Discovery is considering matching an offer for the media rights to a package of National Basketball Association games as the league looks…
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Collapse of fintech firm with 10M users leaves many Americans without access to their money
A dispute between a fintech startup and its banking partners has ensnared potentially millions of Americans, leaving them without access to their money…
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Target, McDonald’s and others are offering value as they lose ground with bargain hunters
Target’s weak quarterly earnings underscored why it cut prices on thousands of household staples: it’s struggling to win over bargain hunters. The discounter is not…