Business
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California’s Insulin Crisis: A Veto’s Impact
California Governor Gavin Newsom’s veto on a bill capping insulin prices at $35.
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Dish Network receives historic fine from US government for space debris
The FCC fined Dish Network $150,000 for not moving an outdated satellite, EchoStar-7, away from active ones, highlighting the growing concern of space debris risks. With over 25,000 large fragments in orbit, collisions pose significant…
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Netflix to increase prices once actors’ strike concludes
Netflix intends to raise ad-free subscription prices after the Hollywood actors’ strike concludes, causing a 3% stock surge. Talks for global price hikes are underway, starting in the US and Canada. Specific details and timing…
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UAW Announces Strategic Strikes at GM and Ford Plants
The United Auto Workers (UAW) union has extended strikes to GM and Ford plants, sparing Stellantis, in ongoing negotiations. Approximately 6,900 autoworkers are participating in these targeted strikes, representing 17% of UAW members. The strategy,…
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Toys R Us Revival: New Flagship Stores, Airports & Cruises
Discover the Toys R Us comeback! Explore 24 immersive flagship stores, innovative airport outlets, and cruise ship delights. Dive into a world of toys and joy, reimagined for a new era of play. Experience the…
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Donald Trump Liable for Fraud in New York Case
Donald Trump and his family business found liable for fraudulently inflating asset values in a New York case. The ruling may impact Trump’s business operations in the state, with business certificate cancellations and a receiver…
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California Enacts Gun and Ammo Tax for School Safety Initiatives
California’s Governor has signed two new laws, one banning firearms in most public places and another doubling taxes on guns and ammo sales. This additional revenue will fund school safety measures and gun violence prevention…
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Target Closes Nine Stores Amid Rising Violence and Theft
Target has announced the closure of nine of its stores in major cities across the country, citing concerns over escalating violence, theft, and organized retail crime. The affected locations include stores in New York City’s…
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US Air Force Seeks $5.8B for AI Combat Fleet
The United States Air Force’s ambitious $5.8 billion request to develop a 1,000-strong AI-powered unmanned combat aircraft fleet is a game-changer in modern warfare. Explore this groundbreaking initiative, including the cutting-edge XQ-58A Valkyrie aircraft, its…
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BRICS Summit: De-Dollarization Discourse and Divisions Among Emerging Economies
The recent BRICS summit in South Africa ended without consensus on challenging the US dollar’s dominance. Disagreements among Brazil, Russia, India, China, and South Africa on a common currency may cause delays. SWIFT data reaffirmed…
