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Jan 25 2025BUSINESS

Meta's Big AI Bet: $65B for Data Centers

Meta, the company behind Facebook, is set to spend a staggering $60 billion to $65 billion this year on building AI infrastructure. That's a lot of money! CEO Mark Zuckerberg thinks 2023 will be a big year for AI, and he's putting his company's cash where his mouth is. This investment will include

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Jan 24 2025BUSINESS

Costco Stands Firm on Diversity Policies

Costco is taking a strong stance against a shareholder proposal that wants the company to assess the risks of its diversity, equity, and inclusion (DEI) practices. This proposal, pushed by the conservative think tank National Center for Public Policy Research, argues that Costco's DEI efforts could

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Jan 24 2025BUSINESS

Google Vows to Combat Fake Reviews in the UK

Google has pledged to take stronger measures against British businesses that use fake reviews to enhance their ratings on the tech giant's review platform. This follows an announcement by the UK's Competition and Markets Authority (CMA) that Google will strengthen its detection and removal of fraudu

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Jan 24 2025BUSINESS

Why Are Fewer People Buying Homes in the US?

In 2024, American home sales hit a new low, falling to numbers not seen since 1995. The reason? Sky-high home prices and high mortgage rates are making it tough for people to buy homes. Previously owned homes, which make up most of the market, saw a total of only 4. 06 million sales last year. That'

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Jan 24 2025BUSINESS

Biotech Boss Asks Governor for Help in Uncertain Times

Chris Viehbacher, the CEO of Biogen, had a message for Governor Maura Healey at a recent event hosted by the Associated Industries of Massachusetts. He was worried about the changes happening in Washington and how they might affect his business. Viehbacher pointed out that his company faces lots of

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Jan 24 2025BUSINESS

UnitedHealth Group Picks New CEO After Tragic Loss

In the aftermath of a shocking tragedy, UnitedHealth Group has named Tim Noel as the new CEO of their health insurance arm, UnitedHealthcare. Noel joined the company in 2007 and most recently led UnitedHealthcare Medicare & Retirement. His appointment comes nearly two months after the fatal shooting

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Jan 24 2025BUSINESS

Helping Local Businesses Bounce Back: A Look at Baton Rouge

Small and big businesses in Baton Rouge have been closed due to the recent snow and ice, but now that the weather is getting better, they're getting back to work. Mia Monet from 2une In visited SoLou, a local restaurant, to chat about how businesses are recovering and getting ready for Winter Restau

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Jan 24 2025BUSINESS

Wall Street's New Crypto Hope: Trump's Pro-Crypto Stance

Just days into Donald Trump's second term, Wall Street's attitude towards crypto has done a 180. Morgan Stanley's CEO, Ted Pick, revealed at the World Economic Forum in Davos that the bank is keen to explore crypto transactions if regulations allow. Trump, once a crypto skeptic, has now embraced dig

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Jan 24 2025BUSINESS

How Trump's AI Project Stargate Could Boost These Tech Stocks

President Trump's new AI project, Stargate, is creating a buzz among tech stocks. This $500-billion venture, joining forces between OpenAI, Oracle, and SoftBank, aims to beef up the U. S. 's AI infrastructure. Since the announcement, Oracle's shares have surged by nearly 15%, and Microsoft's by 3%.

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Jan 24 2025BUSINESS

UnitedHealthcare Picks New CEO After Shocking Event

In a surprising turn of events, UnitedHealthcare has chosen Tim Noel as their new CEO. This announcement comes after the tragic murder of their previous leader, Brian Thompson, in December. Noel, who has been with the company since 2007, was previously in charge of Medicare and retirement plans. The

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