Disney posted fiscal first-quarter earnings Wednesday that beat on the top and bottom lines, but revealed the beginnings of expected streaming subscriber losses at…
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The U.S. Postal Service has agreed to resume accepting shipments from China, less than 12 hours after announcing it would stop doing so.…
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General Motors is laying off roughly half of the employees who remain at its discontinued Cruise robotaxi business. The plans come two months after GM…
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Fox Corp. is finally getting into the direct-to-consumer streaming game. The company known for its news and sports TV content said Tuesday it’s…
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Trump moves to develop sovereign wealth fund to ‘create value for American citizens’
President Donald Trump said Monday he would create a sovereign wealth fund, a pool of assets like those that exist in other countries…
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Millennials reimagine retirement: ‘The end game might not be … sitting on my Adirondack chair’
By many measures, millennials are doing considerably well financially. Still, fewer younger adults are thinking about retiring in the traditional sense one day. “Retirement is becoming more…
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Ontario will pull all American alcohol from its government-run liquor shelves beginning Tuesday in response to U.S. President Donald Trump’s 25% tariffs on Canadian imports.…
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Costco and the Teamsters union have reached a tentative agreement on a new contract, avoiding a strike, the union said Saturday. Teamsters spokesman…
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WNBA files trademark application to bring back ‘Detroit Shock’ as city submits expansion bid
As cities across the country vie for the next Women’s National Basketball Association team, the league quietly filed a trademark application this week…
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UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half
Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned to…