BUSINESS

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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Oct 10 2024BUSINESS

Jira Combines Developer and Business Tools for Better Teamwork

Atlassian, known for its project management software, has big plans for Jira. They're merging Jira Software, for developers, and Jira Work Management, for business teams, into one powerful tool. This change comes as more and more companies realize that developers and business teams need to work toge

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Oct 10 2024BUSINESS

US Government Weighs Breaking Up Google over Antitrust Concerns

Imagine splitting up one of the world's largest tech companies. That's what the U.S. government is considering for Google. They're looking at forcing Google to sell parts of its business. This could be the first big corporate split in a long time. The Department of Justice says Google has too much c

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Oct 09 2024BUSINESS

Google and the DOJ: A Search for Fairness in Tech

Imagine trying to choose between apples and oranges at the store, but every time you pick an apple, the store starts selling only apples. That's kind of what's happening with Google and its search engine, according to the Department of Justice (DOJ). They're suggesting some big changes to make sure

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Oct 09 2024BUSINESS

Rio Tinto's Big Leap into Lithium

You might have heard about Rio Tinto, the massive mining company. They're making a big move! This week, they announced they're buying Arcadium Lithium, a U.S. company that produces lithium. The price tag? A whopping $6.7 billion! That's a lot of money, right? Why is this a big deal? Well, lithium i

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