Here’s a surprise: Disney’s media business isn’t weighing down the company anymore. The primary Disney investor narrative since 2022 has been how streaming losses,…
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Business
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Stocks slipped into the red as markets closed Wednesday, losing gains from earlier in the day as Wall Street failed to recoup losses…
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A particular type of retail fraud soars during the summer season. “Wardrobing,” in which a shopper buys an expensive item, wears it with…
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Credit card debt is on the rise. Americans now owe a record $1.14 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday.…
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The days of sneaking into Costco with someone else’s card are coming to an end. The retailer is cracking down on sharing membership…
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The days of sneaking into Costco with someone else’s card are coming to an end. The retailer is cracking down on membership card…
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Business
Boeing’s new outsider CEO Ortberg takes the helm, this time from the factory floor
by adminAerospace veteran Robert “Kelly” Ortberg becomes Boeing’s new CEO on Thursday with a singular mission: restoring the reputation of a U.S. manufacturing icon. That enormous goal…
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Business
Amazon’s $4 billion investment in AI firm Anthropic faces U.K. merger investigation
by adminLONDON — E-commerce giant Amazon’s multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator. The Competition and…
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Disney is raising prices on its streaming platforms. Starting mid-October, most plans for Disney+, Hulu and ESPN+ will cost $1 to $2 more per…
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Stock indexes had a mild rebound following a significant sell-off Monday that resulted in the market’s worst day in almost two years. The…