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Oct 08 2024BUSINESS

Samsung's AI Setback: What Went Wrong and What's Next?

Samsung is having a rough patch in the AI chip market, especially with its HBM segment. The company admitted it couldn't land a major client like NVIDIA. This delay, along with increased competition from rivals like SK hynix and TSMC, hurt Samsung's earnings. Samsung blames its late entry into the

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Oct 08 2024BUSINESS

FTX Gets Court Nod to Repay Customers

FTX has officially received the green light from a bankruptcy court to start repaying its customers. The plan, approved on Monday, is set to use up to $16.5 billion in assets that the company managed to recover after its collapse. The court praised FTX for handling the complex bankruptcy process eff

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Oct 07 2024BUSINESS

Goodbye to The Continental: A Saugus Favorite Closes After 72 Years

The beloved restaurant, The Continental in Saugus, is saying goodbye after a remarkable run of over seven decades. Known for its mouth-watering steak and seafood dishes, as well as its famous popovers, the eatery has been a staple on Route 1 north of Boston since 1948. The family that owns the resta

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Oct 07 2024BUSINESS

Samsung's 3nm Tech Struggles: What Went Wrong?

Samsung has been having a tough time in the semiconductor market, especially with its new 3nm GAA technology. This tech is supposed to be super advanced, but it’s not working as well as they hoped. In fact, it's causing them to lose customers and money. Industry experts think Samsung might lose arou

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Oct 07 2024BUSINESS

Humana's Stock Dives After Medicare Rating Drop

It's been a rough week for Humana, the health insurer. Their stock has taken a big hit, dropping 23% since Monday – that’s the worst weekly fall since 2020 and the sharpest two-day drop in 15 years! The cause? Medicare is downgrading some of Humana's key health insurance plans, which could hurt thei

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Oct 03 2024FINANCE

Bank of America App Glitch: Balances Vanish!

Imagine waking up to find your bank account balance is suddenly zero. That's what happened to some Bank of America customers on Wednesday. The bank experienced a glitch that made account balances disappear from their app. Customers tried logging in, but many couldn't see their money. Some even saw z

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Oct 01 2024GENERAL

Ford's Electric Switch: A Charge towards Convenience

Ford is shaking off the uncertainty surrounding electric vehicle adoption with a new initiative called the "Ford Power Promise." The company is offering complimentary home chargers and installation to customers who opt for new EVs. This perk aims to ease the minds of potential customers who are stil

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Sep 20 2024BUSINESS

The Bumpy Road to Efficiency: FedEx's Quest for Cost Savings

FedEx, the global logistics giant, is attempting to navigate a complex transformation aimed at cutting costs and improving efficiency. In its latest earnings report, the company revealed a significant drop in profits, largely due to weak demand and a shift towards cheaper delivery options. The expre

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Sep 19 2024TECHNOLOGY

AI-Powered Connections: T-Mobile's Quest for a Smoother Network and Happier Customers

As T-Mobile continues to revolutionize the wireless industry, the company is turning to artificial intelligence (AI) to supercharge its network and improve customer experiences. The Un-carrier has formed partnerships with NVIDIA, Ericsson, and Nokia to leverage AI for designing and running its mobil

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Sep 17 2024CRIME

Laundry Frenzy: A Descent into Madness

A Brooklyn Laundromat Turned into a Scene of Chaos and Bloodshed Imagine walking into your favorite laundromat, only to find chaos and bloodshed. This is exactly what happened at a busy Brooklyn laundromat, where a seemingly normal customer's rage boiled over. The incident began when the man, who

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