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Nov 12 2024BUSINESS

Home Depot's Q3 Earnings: A Fresh Outlook

Home Depot recently announced its third-quarter earnings, showing a solid 6% increase in sales compared to last year. This boost was due to the acquisition of a new business and higher demand for home improvement supplies spurred by better weather and hurricane-related repairs. The company even rais

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Nov 12 2024BUSINESS

The Future of Retail and Tech: How Trump's Era Will Shape the Industry

As a new administration takes charge, experts like Brittain Ladd are predicting significant shifts in retail and technology. With potential regulatory changes at the Federal Trade Commission, mergers and acquisitions (M&A) could see a boost. Retailers might face stiff competition from new entrants l

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Nov 12 2024BUSINESS

FTX's Bankruptcy Battle: A Crypto Clash

In a surprising turn of events, the bankruptcy trustees of the once-mighty crypto exchange FTX have filed a lawsuit against their former rival, Binance. The lawsuit, which was filed in a US bankruptcy court in Delaware, is seeking to recover a staggering $1. 76 billion. This massive sum was allegedl

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Nov 12 2024BUSINESS

Tencent Music's Streaming Boom Despite Social Slump

Tencent Music Entertainment, the biggest digital music company in China, saw its revenue grow by nearly 7% in the third quarter of 2023. This growth was largely thanks to its streaming services, which managed to increase the number of paying subscribers and the average revenue per subscriber. The co

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Nov 12 2024BUSINESS

Diving into Ocean Data with Current Lab

Ever thought about how useful it would be to have a weather forecast for the ocean? That's exactly what Kevin Rosa had in mind when he founded Current Lab. As a PhD student at the University of Rhode Island, Rosa was working on models to simulate ocean currents when he got an interesting request fro

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Nov 12 2024BUSINESS

Bitcoin Buying Spree: MicroStrategy's Big Bet on Crypto

In the days following the U. S. presidential election, Bitcoin has seen a significant surge. This is partly due to promises made by President-elect Donald Trump to support cryptocurrency. One major player in this space is MicroStrategy, which has been on a Bitcoin buying spree. In early November, M

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Nov 12 2024BUSINESS

FTX's Lawsuit Against Binance: Unraveling the Crypto Blunder Story

Imagine a crypto puzzle where FTX, a once-thriving exchange, now accuses its former rival Binance of a $1. 8 billion mishap. This isn't just any feud; it's a tale of lost funds and alleged deceit. Back in July 2021, FTX's sister company, Alameda Research, bought back stakes from Binance's CEO, Chan

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Nov 12 2024BUSINESS

Smart Ways to Cut Business Flight Costs

Running a business means keeping an eye on expenses, especially when it comes to travel. Qantas Business Rewards helps companies save money on flights. They offer year-round discounts and special deals. Recently, they've added even bigger savings for members. This can be a game-changer for small bus

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Nov 12 2024BUSINESS

Emirates Ups the Game: Premium Services in Saudi Arabia

It's been a long time coming, but Emirates has finally rolled out its chauffeur-drive services for first- and business-class passengers in Riyadh. This move is part of Emirates' commitment to enhancing the travel experience for premium passengers, something the airline is known for. The service, whi

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Nov 12 2024BUSINESS

Riyadh Air's New Flatbed Seats on A321neo: A Comfort Boost for Flyers

Get ready to catch some Zs in the skies! Riyadh Air, the newest Saudi Arabian airline, is rolling out flatbed business class suites on its upcoming Airbus A321neo jets. Starting from mid-2025, these fancy digs will join the already luxurious 'Mercedes Maybach' business class on their 787 aircraft.

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