BUSINESS

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Jan 03 2025BUSINESS

Why Ike Perlmutter Left Disney

Ike Perlmutter, the former chairman of Marvel Entertainment, recently made headlines after selling his stock in Disney. This move was praised by Donald Trump, who commented on Perlmutter's decision to leave the company. Trump suggested that Perlmutter, who once went from being broke to owning a sign

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Jan 03 2025BUSINESS

Unpacking the Link: Carbon Markets and Oil Prices in China

Ever wondered how China’s carbon market and crude oil prices bounce off each other? Research shows they’re closely tied. The study used a method called Maximal Overlap Discrete Wavelet Transform (MODWT) to break down price movements into different scales. This helped scientists see how risk flows be

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Jan 03 2025BUSINESS

executives' accounting skills and impairments

It turns out that how well executives understand accounting can make a big difference when it comes to goodwill impairment. Goodwill impairment is like when a company realizes that something it bought isn't worth as much as it thought. This study looked at companies in China from 2007 to 2022 that p

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Jan 03 2025BUSINESS

Reputation and Online Shopping: A Digital Dilemma

In the world of online shopping, a merchant's reputation is their most valuable asset. Platforms like Amazon and eBay use reviews and ratings to signal product quality. But as competition gets fierce, some merchants cheat by "click farming, " "paying for positive reviews, " or even "buying clicks. "

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Jan 03 2025BUSINESS

Big Businesses Pinning Hopes on Trump's Economic Shifts

The wealthy couldn't be happier. Bitcoin soared past $100, 000 last year, and banks celebrated Donald Trump's victory. Wall Street is eagerly waiting for stock gains in 2025. At the same time, homelessness jumped 18%. Small business owners worry about Trump's tariffs and immigration threats. It's a

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Jan 03 2025BUSINESS

Is Carvana's Turnaround for Real?

Hindenburg Research has taken a stand against Carvana, the online used car retailer, claiming that its recent turnaround is not as solid as it seems. On Thursday, Hindenburg revealed that it has bet against Carvana, stating that the company's improved results and cost-cutting measures are being supp

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Jan 03 2025BUSINESS

Why Americans Are Loving Butter and Cheese More Than Ever

It's no secret that Americans are eating more butter and cheese than they have in decades. In 2023, the average person gobbled up 6½ pounds of butter and over 40 pounds of cheese, shattering 50-year records. While health experts suggest cutting back on saturated fats, taste and price often win out.

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Jan 02 2025BUSINESS

Tesla's Sales Take a Dip: What's Next?

Tesla, the electric vehicle giant, has seen its first annual sales decrease in over a decade. What happened? Well, despite a 2. 3% boost in the last quarter thanks to attractive offers like zero-interest financing and free charging, the overall sales from 2023 to 2024 dipped by 1. 1%. That's right,

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Jan 02 2025BUSINESS

High-Tech Mining's Big Bet: KoBold Raises Massive Funds

Ever heard of KoBold? This US mining startup just snagged a massive $537 million in funding, making its total investments soar to $1 billion. Backed by heavyweights like Bill Gates and Jeff Bezos, KoBold is on a mission to shake up the mining world. The latest round was co-led by Durable Capital Par

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Jan 02 2025BUSINESS

Punctuality in the Skies: Top Airlines and Airports for 2024

Did you know which airline and airport were the best in keeping time in 2024? Let's dive in! Mexico's Aeromexico took the top spot, with a stunning 86. 7% of flights arriving on time. Coming close were Saudia at 86. 3% and Delta Air Lines at 83. 5%. But let's not forget Copa Airlines, which actually

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