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Nov 22 2024BUSINESS

TailorMed Scores Big Bucks to Boost Medication Access Nationwide

TailorMed, a tech innovator in healthcare, just bagged $40 million in funding. This money comes from Windham Capital Partners and other big names like Citi Impact Fund and Samsung Next. The goal? To make healthcare more affordable for everyone. Right now, only about half of American adults can affor

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Nov 22 2024BUSINESS

How China's Overconfident Bosses Boost Digital Changes

China's digital evolution has been significantly impacted by an unusual trait in its managers: overconfidence. During 2011-2022, researchers noticed that top managers who were a bit too sure of themselves actually drove deeper digital transformations within their companies. The key? They invested mo

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Nov 21 2024BUSINESS

What's Next for Apollo if Marc Rowan Becomes Treasury Secretary?

Imagine Apollo Global Management without its current CEO, Marc Rowan. That's a possibility if Rowan takes on the role of US Treasury secretary. This shift could significantly change the company's leadership and potentially open up massive financial opportunities. Rowan has been at the helm of Apoll

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Nov 21 2024BUSINESS

Can Chip Giant Nvidia Keep Up the AI Momentum?

Nvidia's latest earnings report was nothing short of impressive, but investors seem to have high expectations. The AI chip leader raked in a record $35. 08 billion in revenue, a 94% increase from last year. Earnings per share doubled to 81 cents, surpassing estimates. Despite these wins, the stock d

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Nov 21 2024BUSINESS

Mohegan Sun's Bakery Shakeup: Goodbye Carlo's, Hello New Treats

Get ready for a sweet change at Mohegan Sun! The casino's beloved Carlo's Bakery is shutting its doors at the end of the year to make way for two exciting new establishments: Sift Bake Shop and A. T. Y Bar & Bonbons. Jeff Hamilton, the casino's president and general manager, shared the news, noting

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Nov 21 2024BUSINESS

Are US Airline Leaders Hopeful About Trump's Return?

Some US airline CEOs are looking at the future with Donald Trump's presidency with optimism. Ed Bastian, Delta Air Lines CEO, said Trump's administration might bring a "breath of fresh air" by relaxing regulations. During his campaign, Trump pledged to cut back on what he sees as excessive regulatio

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Nov 21 2024BUSINESS

From NBCUniversal to 'SpinCo': Coping with Cable Changes

Next year, Comcast will split NBCUniversal’s cable networks into a new company. Why the change and how will it affect NBCU’s sports coverage? Let’s look into it. After some bumps from Covid and host cities, the Olympics bounced back in Paris last year. More success is expected in the future. But so

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Nov 21 2024BUSINESS

Netflix's Sports Push Could Boost Stock by $1, 000

Bank of America analyst Jessica Reif Ehrlich is really excited about Netflix's future, especially when it comes to sports. She thinks the company can hit a $1, 000 stock price, which is a big jump from where it is now. Netflix has been doing well this year, with its stock going up by more than 80%.

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Nov 21 2024BUSINESS

Sony vs. Wanda: A Film Feud Over a Failed Deal

Sony Pictures is in a legal fight with Wanda Group, aiming to collect $49 million. The dispute began when Wanda's subsidiary, Wanda Hong Kong, agreed to buy a majority stake in Vampire Squid Productions, a company owned by Silvergate Group Holdings, for $38. 25 million in 2017. Vampire Squid holds p

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Nov 21 2024BUSINESS

How Mergers and Acquisitions Boost Productivity through Digital Transformation

Mergers and acquisitions, often referred to as M&As, are like a superpower for businesses. They help companies grow bigger, get better at what they do, and perform more efficiently in a competitive market. Now, here's where things get interesting: data is becoming a crucial part of how businesses op

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