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Anticipating Walmart’s Pre-Bell Earnings Report: What’s in Store?
Walmart's Holiday Zone Outlook: A Look at the Future of the Store assesses the direction of retail and the overall market in America.
Read More: Lunar New Year: Tourism Expenditure…
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Lunar New Year: Tourism Expenditure in China Surpasses Pre-Covid Levels
Travel spending increased during the Lunar New Year holiday, outpacing previous outbreaks, according to official data. Domestic travel spending reached 632.7bn yuan (£69.7bn), up 47% on…
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Nike to Reduce Workforce by Approximately 1,700 Positions
Nike will lay off about 2% of its workforce, or about 1,700 workers, to cut costs by up to $2 billion. A spokesman for the sportswear giant said the measures were aimed at ensuring the…
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Nvidia Surpasses Amazon and Alphabet in Value
Nvidia has recently surged past Alphabet in market capitalization, hot on the heels of its takeover of Amazon. According to Bloomberg, the chip giant's stocks now stand at an impressive…
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Adam Neumann Pursues Acquisition of WeWork Amid Bankruptcy Proceedings
Adam Neumann, the ousted co-founder of WeWork, is attempting to purchase the company out of bankruptcy, citing support from Wall Street to regain control despite accruing significant…
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McDonald’s says Middle East turmoil is hurting its business
McDonald's recently announced that the crisis in the Middle East affected its operations in the region. While overall sales and profits were good in the fourth quarter, the burger giant…
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Snap to Cut 10% of Global Workforce, Affecting Approximately 500 Employees
Snap, the largest social media company after Snapchat, made headlines on Monday when it announced it would lay off 10% of its workforce, including 500 employees. The move is part of a…
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Tesla Brake Warning Notices Deemed Insufficient in US Recall
US safety regulators have identified a new concern in Tesla cars—this time, it's the brake warning lights that are too small. In response, Tesla has rolled out a software update to…
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Meta to Pay $700 Million in Dividends to Mark Zuckerberg
Mark Zuckerberg, chief executive of Meta, which controls Facebook, Instagram, and WhatsApp, is expected to receive annual dividends totaling $700 million (£549 million).
In a move,…
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Elon Musk Responds to Public Opinion, Announces Plans to Shift Tesla’s Incorporation to Texas
Tesla CEO Elon Musk has confirmed his intention to move the company's headquarters to Texas.
"The public vote is clearly in favor of Texas!" Musk stated on X, referring to a recent…
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