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Jan 10 2025BUSINESS

BlackRock Reconsiders Green Alliance

BlackRock, a major player in Environmental, Social, and Governance (ESG) investing, is mulling over leaving the Net Zero Alliance, a group aiming for zero-carbon emissions by 2050. Larry Fink's firm, the world's largest asset manager, was once a champion of ESG investments. However, a growing politi

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Jan 10 2025BUSINESS

Macy's: Shutting Doors to Open New Opportunities

Macy's, a familiar department store, is making a bold move. They're clicking the "close" button on 66 of their stores, but this isn't a sign of trouble. Instead, it's part of a plan they shared last year. The company is choosing to pour their resources into 350 other stores spread across the country

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Jan 10 2025BUSINESS

Unions' Secret Weapon: Boosting Corporate Responsibility

You know who's a silent hero when it comes to making companies act responsibly? Unions! Over a decade-long study, researchers discovered that unions are like a secret weapon in reducing big, controversial issues related to the environment, society, and how companies are run (let's call them ESG issu

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Jan 10 2025BUSINESS

Ford's New Supercar: A Nod to History

Ford has unveiled a special edition of its high-performance Mustang GTD, priced at an impressive $325, 000. This special model, dubbed the "Spirit of America, " pays homage to the historical jet-propelled cars that once shared the same name. The car is painted white, with distinctive red and blue s

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Jan 10 2025BUSINESS

Wildfires Rage: The Staggering Costs in LA

In a matter of hours, the wildfires in Los Angeles have turned into a financial nightmare. The insurance costs jumped from $10 billion to $20 billion in just one day, highlighting the devastation caused by these fires. The major blazes in Pacific Palisades and Pasadena are still burning, while the H

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Jan 10 2025BUSINESS

The Bloom of Cannabis: Education Spurs Industry Growth

Imagine this: the cannabis industry is booming, with predictions that it could hit $444. 34 billion by 2030. In the USA alone, sales are expected to reach $33. 6 billion by the end of 2023. What's fueling this growth? Education! As people get smarter about cannabis, they're using it more. Dispensari

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Jan 10 2025BUSINESS

Why Dana White Might Be Meta's Secret Weapon

Dana White, the UFC's powerful CEO, has suddenly found himself in the world of Silicon Valley tech giants. While some see this as a surprise, MMA analyst Luke Thomas isn't buying the official story that White's involvement with Meta is about artificial intelligence. Instead, he suggests it's all abo

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Jan 09 2025BUSINESS

Ski Patrollers Win Big in Utah Resort Strike

After a tense two-week strike, 200 ski patrollers at a big Utah resort are back on the job. They accepted a new contract that includes a $2-an-hour pay raise and better deals for senior patrollers. The Park City Ski Professional Ski Patrol Association called it a big victory. They say it shows what

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Jan 09 2025BUSINESS

Will 2025 Bring More Jobs? A Look at 2024's Last Jobs Report

As 2024 comes to an end, the final jobs report is set to be released on Friday. This report can give us a hint at what 2025 might look like for jobs. In 2024, job growth started slowing down a bit. The US added about 180, 000 jobs each month, which is similar to the pace in the years before the pand

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Jan 09 2025BUSINESS

The Danger of Online Pharmacies

Did you know that most online pharmacies are actually illegal? That’s right, according to a recent report, nearly all of the 35, 000 online pharmacies are breaking the law. This means that the medicines you buy might not work, or worse, they could harm you. These websites often look real, but they d

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