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Jan 09 2025BUSINESS

Steel Deal Hang-Up: Trump's Role in U. S. Steel-Nippon Takeover

President-elect Donald Trump's recent comments on international investments might give hope to U. S. Steel and Japan's Nippon Steel. The proposed takeover of U. S. Steel by Nippon Steel has been a hot topic, with President Joe Biden blocking the sale last week, citing national security concerns. Exp

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Jan 09 2025BUSINESS

Val Boreland to Lead NBCU Spin-Off's Entertainment

Val Boreland, a top executive known for scoring big content deals for NBCUniversal's cable networks, has been tapped to lead the entertainment division of a new spin-off company. This new entity, dubbed "SpinCo, " will be a separate, publicly traded part of NBCUniversal and is expected to launch lat

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Jan 09 2025BUSINESS

Why the HondaJet Elite II is a Game-Changer in Light Business Jets

Honda Aircraft Company's journey from a small research project in the 1980s to a major player in the private aviation industry is nothing short of remarkable. The HondaJet Elite II, their latest creation, is turning heads with its innovative features. Let's dive into what makes this aircraft so spec

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Jan 09 2025BUSINESS

New Naked Statue in San Francisco: Hope or Hype?

San Francisco is pinning its hopes on a giant statue of a naked woman to draw visitors back to Union Square. This 45-foot mesh sculpture, created by Marco Cochrane, debuts on January 29. The installation, which glows at night, is meant to attract tourists and revive the district hit hard by the pand

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Jan 09 2025BUSINESS

East Coast Ports: Deal Made Before Strike Hits

A major strike at ports along the East and Gulf Coasts was narrowly avoided this week. The International Longshoremen's Association (ILA) and the United States Maritime Alliance (USMX) managed to reach a tentative deal on a new contract, which still needs to be approved by the union's members. The a

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Jan 09 2025BUSINESS

UPS Adds Healthcare Power: Buys Frigo-Trans and BPL

In a strategic move, UPS has bought two European healthcare logistics companies, Frigo-Trans and BPL. This deal isn't just about expanding their reach; it's about meeting the increasing demand for special logistics services. We're talking about temps as low as -196°C and as high as 25°C, along with

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Jan 09 2025BUSINESS

Cane's CEO Graves Snaps Up Downtown Nashville Building with a Margaritaville

What's a billionaire to do when they want a piece of Nashville? For Todd Graves, CEO of Raising Cane's, the answer was clear: pick up a downtown building with a slice of tropical paradise. Earlier this month, Graves paid a whopping $75 million for the three-story building on Broadway Street. This is

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Jan 09 2025BUSINESS

Unmasking the Drive: How Workaholism, Personality, and Beliefs Shape Entrepreneurial Motivation

Ever wondered what makes some people dive headfirst into entrepreneurship while others hesitate? Recent research has been diving into the minds of entrepreneurs to figure out what drives their creative spirit. Some studies have found that family security, personal drive, and entrepreneurial dreams c

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Jan 09 2025BUSINESS

Big Loss, Big Gain: How Xbox Game Pass Impacts Developers

When Xbox introduced Game Pass in 2017, offering players a vast library of games for a monthly fee, it seemed like a dream come true. But for game developers, the story isn't as sweet. According to industry expert Christopher Dring, games on Game Pass might lose up to 80% of their regular sales on X

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Jan 08 2025BUSINESS

Restaurants Face Challenges as Drinking Habits Shift

As restaurants grapple with rising costs and declining sales, a new warning from the U. S. surgeon general could further strain their profits. The warning highlights the link between alcohol and cancer, coming at a time when many Americans are cutting back on dining out due to inflation. According t

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