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Oct 12 2024BUSINESS

Two Tech Stocks Analysts Love: ServiceNow and CSG Systems

Are you interested in the tech world? Two analysts have just shared their positive views on two companies: ServiceNow and CSG Systems International. ServiceNow is a cloud-based platform that helps businesses manage their workflows. Matthew Hedberg from RBC Capital thinks it's a great buy, setting a

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Oct 12 2024BUSINESS

Boeing's Big Job Cuts: What's Going On?

You might have heard that Boeing is cutting 17,000 jobs. That's about 10% of their workforce. Why are they doing this? Well, they're losing a lot of money, and a five-week-long strike at their factories isn't helping. Boeing says they'll lose $9.97 per share in the third quarter alone. That's a lot

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Oct 12 2024BUSINESS

Boeing Plans to Shed Jobs to Stay Afloat

Boeing's CEO, Kelly Ortberg, recently announced that the company will be reducing its workforce by about 10% in the coming months. This decision comes as the aircraft manufacturer faces significant challenges, including financial losses exceeding $33 billion over the past five years and a series of

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Oct 12 2024BUSINESS

Boeing's Job Cuts and 777X Delay: A Close Look

Boeing, a major airplane manufacturer, is planning to cut around 17,000 jobs. That's about 10% of their workforce. It's a tough move, but the company is facing big losses. One of the reasons is a strike by their largest union. Thousands of workers walked off the job, which halted production of some

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Oct 12 2024BUSINESS

CoreWeave's Big Bet: A Huge Credit Line for AI Growth

You might have heard of CoreWeave, an AI startup backed by Nvidia. They've just snagged a massive $650 million credit line to fuel their expansion. This cash boost means they can build more data centers worldwide, with plans to open 28 by the end of 2024. That's quite the milestone for just a year!

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Oct 12 2024BUSINESS

Handmade Magic: Brookfield's Greyscent Boutique Unveils New Jewelry Line

In the heart of Brookfield, CT, a unique boutique named Greyscent is making waves. Owned by Riddar Nget, this store started as an online venture called Mode de vie. Now, with a physical location at 7 Station Road, Greyscent has become a local favorite. Everything sold at Greyscent Boutique & Ca

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Oct 12 2024BUSINESS

Big Business Park in Small Town: A Traffic Nightmare?

Imagine living in a cozy town like Mount Pleasant, South Carolina. Now, picture a massive, 60-acre business park popping up right in your backyard. That’s exactly what’s happening on Faison Road, and it’s causing quite a stir. The Carolina Business Park will include three huge buildings covering nea

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Oct 12 2024BUSINESS

Ian Stratford Takes the Reins as First Look Media's New COO

First Look Media, the parent company of the well-known Topic Studios, has a new chief operating officer (COO). Ian Stratford has been promoted to this role. His job will be to oversee operations, corporate development, finance, and legal matters for all of First Look Media's projects in the entertai

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Oct 11 2024BUSINESS

Trapped Tourists: A Mine Misadventure

In the small town of Cripple Creek, Colorado, a tourist trip to the Mollie Kathleen Gold Mine turned into an unexpected ordeal. Around noon on Thursday, an elevator malfunction trapped twelve adults 1,000 feet below ground. They were visiting the historic site when the mechanical issue occurred. For

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Oct 11 2024BUSINESS

CEO Tavares Steps Down in 2026; Stellantis Faces Industry Challenges

Stellantis, the multinational automaker, announced on Friday that its CEO, Carlos Tavares, will retire in early 2026. This decision comes amid what Tavares described as a "Darwinian period" in the global auto industry. The company has also been struggling with falling sales; in the third quarter of

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