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Oct 10 2024BUSINESS

Delta Air Lines Sees Strong Q4, Despite Election Bumps

Delta Air Lines is looking ahead to a promising fourth quarter. The airline expects to make more money than last year, thanks to steady travel demand and lots of bookings for the holiday season. On Thursday, it said its adjusted earnings per share for the fourth quarter might be between $1.60 and $1

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Oct 10 2024BUSINESS

Prices Rise Faster Than Expected, Jobless Claims Surge After Storm

Surprisingly, prices have been going up quicker than anyone thought in September. This unexpected rise in prices was mainly due to higher food and shelter costs, according to the Labor Department. The Consumer Price Index, which measures the cost of stuff we buy and services we use, went up by 0.2%

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Oct 10 2024BUSINESS

Pfizer's Boardroom Battle: A Closer Look

Imagine this: a big pharma company like Pfizer is in the spotlight, not for a new drug, but for some serious boardroom drama. Activist investor group Starboard Value has accused Pfizer of some heavy-handed tactics. They claim that Pfizer or its advisors threatened former CEO Ian Read and ex-CFO Fran

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Oct 10 2024BUSINESS

Spotify, Warner Bros. , and More Discuss Tech, Marketing, and AI’s Future at Advertising Week

At New York’s Advertising Week 2024, Variety hosted an Executive Interview Studio with names like Camila Cabello, Rachel Lindsay, and industry leaders from Spotify, Ford, and Warner Bros. They dived into future innovations in tech, marketing, and the use of AI. Camila Cabello, Rachel Lindsay, a

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Oct 10 2024BUSINESS

Unilever Leaves Russia, Sells Business to Local Manufacturer

Unilever, known for brands like Dove and Hellmann’s, has sold its Russian and Belarusian businesses to Arnest Group, a local manufacturer. This move included four factories and some IT systems. Unilever's CEO, Hein Schumacher, oversaw this during his first year as boss, along with plans to spin off

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Oct 10 2024BUSINESS

Ripple Rolls Out Crypto Storage for Banks

Ripple, the company known for its XRP cryptocurrency and RippleNet platform, has just launched new services aimed at helping banks and financial firms store digital assets. This move is part of Ripple's strategy to branch out from its main payment settlement business. The new services, now under the

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Oct 10 2024BUSINESS

Las Vegas Shifts to Luxury: What Happened to Tropicana?

The Tropicana casino, a legendary spot on the Strip, has been demolished. This isn't just about removing an old building, but a sign of Las Vegas's shift towards high-end experiences. Once a favorite among middle-class visitors, its ties to organized crime and a changing market led to its eventual c

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Oct 10 2024BUSINESS

Shari Redstone Backs Tony Dokoupil's Interview with Ta-Nehisi Coates

Shari Redstone, head of Paramount Global, recently showed support for CBS anchor Tony Dokoupil over his controversial interview with author Ta-Nehisi Coates. Speaking at New York Advertising Week, Redstone praised Dokoupil's handling of the interview. She believed he demonstrated civil discourse and

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Oct 10 2024BUSINESS

AI Agents: The Future of Work and Business Growth

Imagine if you could automate almost every task in your business. Well, that future is nearly here. A recent survey found that about 80% of business leaders are worried about missing out on the AI revolution. Why? Because AI agents are becoming as essential as electricity was a century ago. Tod

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Oct 10 2024BUSINESS

Google's Grip on Search: U. S. Mulls Breakup

Imagine if you couldn't choose what browser to use, or which search engine to trust. That's the reality the U.S. Department of Justice is trying to change. They're considering asking a judge to force Google to sell parts of its business. Why? Because Google has been controlling the online search sce

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