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Nov 19 2024BUSINESS

Donald Trump’s Media Company Eyes Bakkt in Surprise Crypto Move

Who would have thought that a former U. S. President would dive into the world of cryptocurrency? Well, Donald Trump's media company seems eager to take that leap. Reports suggest they are in serious talks to buy Bakkt, a big player in the crypto trading scene. This potential deal sent both companie

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Nov 19 2024BUSINESS

Exploring TMTG's Plan to Buy Bakkt: A Dive into Crypto and Politics

Trump Media and Technology Group (TMTG), known for its Truth Social platform, is taking a big step into the world of cryptocurrency. The company, led by the president-elect, is in serious talks to buy Bakkt, a crypto exchange owned by Intercontinental Exchange. This move comes after TMTG built its o

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Nov 19 2024BUSINESS

Dental Stocks Gain as RFK Jr. Sparks Fluoride Debate

Shares in dental supply company Henry Schein shot up on Monday, with investors anticipating changes in public health policies under a potential new administration. The move was sparked by the appointment of Robert F. Kennedy Jr. as a contender for the Health and Human Services role. Kennedy's previo

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Nov 19 2024BUSINESS

CVS Health Expands Board with New Faces and Fresh Ideas

CVS Health has bolstered its board of directors, adding four new members, including the CEO of a hedge fund that has been vocal about the company’s struggles. The latest development comes after productive discussions with shareholder Glenview Capital Management, which holds about a 1% stake in CVS H

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Nov 18 2024BUSINESS

AP to Slash Staff by 8% Amid Media Industry Shifts

The Associated Press (AP), a well-known news agency, is cutting 8% of its staff. This includes both layoffs and voluntary buyouts. The memo sent by AP president Daisy Veerasingham mentioned that the media sector is going through a major change, and the AP wants to focus more on digital news. The cut

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Nov 18 2024BUSINESS

Emirates: What Makes It Fly High?

Dubai's Emirates stands out as one of the world's best airlines. They don't just use planes—they fly the Airbus A380 and Boeing 777, two of the most iconic widebody jets. With over 100 of each, they stick to these models. Emirates has a reputation for high-class cabins, great in-flight entertainment

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Nov 18 2024BUSINESS

Stray Kids Saves the Day: A Look at K-Pop's Third-Quarter Struggles

K-pop's big players, Hybe, SM, and YG, saw their profits dip in the third quarter this year. Why? Well, album sales are down, and superstars like BTS and Blackpink are taking a break. BTS members are serving their military time, and Blackpink won't be back until 2025. Streaming money isn't making up

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Nov 18 2024BUSINESS

Imports and Pandemics: How U. S. Trade Has Shifted

Since 2018, there's been a steady split between the U. S. and China's economies due to trade tensions. Then a surprising twist: the COVID-19 pandemic in 2020. How did this affect U. S. imports? Let's look at how U. S. importers dealt with the trade war and the pandemic lockdowns. We'll explore the i

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Nov 18 2024BUSINESS

China's Retaliation Risks: What U. S. Companies Fear

With Donald Trump's administration adopting a tough stance on China, U. S. companies are worried about becoming targets of retaliation. Trump has threatened high tariffs and ending reliance on China, which could disrupt supply chains and increase prices for consumers. The Chinese government might re

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Nov 18 2024BUSINESS

Vegas Workers Picket for New Deal

In Las Vegas, workers are on their third day of picketing at a major casino. They're protesting for better pay and benefits, similar to what others got last year. The strike is happening just before a big racing event, the Las Vegas Grand Prix. No talks are planned between the union and casino manag

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