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Jan 04 2025BUSINESS

JetBlue Fined $2M: What It Means for Passengers and Airlines

Imagine you're booking a flight, and the airline promises a specific departure or arrival time. Now, picture this happening repeatedly but the plane never shows up on time. That's what JetBlue did, and the Transportation Department isn't happy. They've slapped JetBlue with a $2 million fine for habi

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Jan 04 2025BUSINESS

Rhode Island's 2026: Shifts in Business, Housing, and Unfinished Projects

As 2026 approaches, Rhode Island is witnessing some big changes in its business landscape. Hasbro, the famous toy maker, is pondering a relocation to Boston. This has state officials working overtime to convince them to stick around. Meanwhile, in Newport, one ambitious entrepreneur is snapping up r

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Jan 04 2025BUSINESS

The Hidden Power of Tech: Boosting Chinese Manufacturing

You might think that the cost of workers or the amount of energy used would be the big deals in manufacturing. But guess what? It's all about how smart and advanced the technology is. Let's dive into the Chinese manufacturing scene from 2000 to 2021 to see how tech is the real game-changer. Imagine

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Jan 04 2025BUSINESS

Unlocking Business Agility: SAP Financial Tools for Startups

In today's fast-paced business world, adaptability is key. Companies that can't keep up with changes might get left behind. Digital finance is a big part of this. Some businesses are ahead in this transformation, while others struggle. A recent study showed that 56% of business leaders think being f

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Jan 04 2025BUSINESS

Jeff Bezos: Earth's Better, Except for Nature

Jeff Bezos, the founder of Amazon, has a clear view: life on Earth has improved in many ways over the past 50 years. Things like infant deaths, global literacy, and poverty rates have all gone down. But there's a big exception: the natural world. It's been hurt by pollution and overuse. Amazon, Bezo

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Jan 03 2025BUSINESS

Boeing's Big Changes: A Year After the Door Plug Scare

A year ago, a door plug on an Alaska Airlines 737 Max 9 flew off mid-flight, causing passengers' belongings to be sucked out of the plane. Since then, Boeing has been working hard to improve safety. They've made changes in four areas: improving safety culture, training workers better, simplifying ho

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Jan 03 2025BUSINESS

US Car Sales: GM and Ford's 2024 Comeback

In a surprising turn of events, both General Motors (GM) and Ford Motor have reported their best annual U. S. sales since 2019. This marks a significant recovery from the setbacks caused by the coronavirus pandemic and supply chain issues. Industry experts had predicted this comeback, estimating tha

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Jan 03 2025BUSINESS

Morgan Stanley's Climate Pivot: A Turning Point

You might have heard about Morgan Stanley's recent exit from the UN-backed Net-Zero Banking Alliance. They're not alone, with big names like Goldman Sachs and Bank of America also taking a step back. So, what's the deal? Critics are pointing fingers at conservative groups who aren't fans of environm

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Jan 03 2025BUSINESS

Carvana's Stock Drops as Report Uncovers Accounting Issues

Carvana, a used-car retailer, saw its stock prices drop recently after a short-seller firm called Hindenburg Research released a report. This report accused Carvana of some serious financial issues. The company was once on the brink of bankruptcy but made a strong comeback, impressing investors and

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Jan 03 2025BUSINESS

Home Loan Costs Creep Toward 7% as 2024 Ends

As 2024 draws to a close, mortgage rates are on the rise again. The average 30-year fixed-rate mortgage is now just below 7%, the highest it's been in six months. This increase comes despite the Federal Reserve's recent rate cut. The central bank, however, is less optimistic about further cuts this

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