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Boeing layoffs, Spirit bankruptcy, and the most delayed flights: Airlines news roundup - 2024-11-15T10:00:00Z

It turns out that Boeing’s huge layoff plans were not just a strike threat. Spirit Airlines can’t put out an earnings report that might show investors how close it is to bankruptcy. Rich people take private flights like the rest of us take taxis. Plus: The most chronically delayed airline routes in America.

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What is 'The Big Lebotski' and how did it help Shake Shack shatter sales goals? - 2024-11-15T10:00:00Z

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Starbucks wants to reclaim its coffeehouse crown. It won't be easy - 2024-11-15T10:00:00Z

Starbucks (SBUX) is embarking on a bold turnaround plan under new CEO Brian Niccol. The coffee giant hopes to reclaim its coffeehouse crown by focusing on speed, service, and operational efficiency. Whether these sweeping changes will be enough to turn the tide remains a point of debate among experts.

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Nvidia's new customer, OpenAI's agents, and Microsoft's warning: AI news roundup - 2024-11-15T10:00:00Z

Semiconductor leader Nvidia announced this week that Japan’s SoftBank Group (SFTBY) will be the first to receive its highly anticipated Blackwell AI chips. SoftBank plans to use Blackwell to build Japan’s largest AI supercomputer.

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Costco's big butter recall, and Black Friday deals from Amazon, Walmart, and Target: Retail news roundup - 2024-11-15T10:00:00Z

Costco pulled nearly 80,000 pounds of its store-branded butter last month after it was found to be missing a crucial allergy warning. In fast food, it literally pays to be “friendly,” yet some chains are falling short on personal customer interactions. Amazon isn’t just outpacing retailers like Target and Walmart in…

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Amazon and Big Media are discovering that free streaming is a mixed bag - 2024-11-15T10:00:00Z

Amazon (AMZN) is shutting down Freevee, its free streaming service, as part of a broader effort to trim costs and streamline its video division. The decision comes just as rival media companies have recently been touting the success of their free video-streaming platforms.

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Donald Trump and Elon Musk's DOGE, bracing for tariffs, and no Jamie Dimon: Politics news roundup - 2024-11-15T10:00:00Z

President-elect Donald Trump is set to take office in a matter of months after handily defeating his rival at the ballot box. Here’s the latest on what that means for consumers, federal agencies, corporate America, and — of course — Elon Musk.

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The 5 airlines with the most trusted pilots in America — and the 5 with the least trusted - 2024-11-15T10:00:00Z

Flying via commercial airlines is incredibly safe — but plenty of people still don’t trust the pilots in the cockpit.

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Tesla, Rivian, and Lucid stocks are fallling as Trump plans to kill Biden's EV tax credit - 2024-11-14T20:13:40Z

Electric vehicle stocks are falling Thursday after a report detailed the incoming Trump administration’s plans to axe a tax credit for consumers buying cleaner cars.

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Donald Trump to Jamie Dimon: You’re not hired - 2024-11-14T20:13:05Z

As President-elect Donald Trump finalizes some high-level roles in his incoming administration, JPMorgan Chase (JPM) chief Jamie Dimon is not in the running.

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Amazon is beating Walmart and Target — again - 2024-11-14T18:56:00Z

Amazon is winning the U.S. price wars, leaving Walmart and Target behind for the eighth consecutive year.

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Donald Trump is coming. Here's what that means for Lina Khan and the FTC - 2024-11-14T18:29:00Z

With President-elect Donald Trump returning to the White House, a changing of the guard at the Federal Trade Commission (FTC), a usually uncontroversial agency, is set to take place within a handful of months.

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Rich baby boomers are the future of airline travel - 2024-11-14T18:17:00Z

As America’s aging Baby Boomers start to crack open their nest eggs in retirement, there’s speculation that they will use the contents to take flight. In a research note, TD Cowen (TD) analysts suggest that older travelers will present the airline industry with “golden opportunities.”

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Airbnb is letting people book battles at the Colosseum. Yes, battles - 2024-11-14T17:49:46Z

If you were planning a trip to Italy, what activities would you include? Touring the Sistine Chapel or riding a gondola through Venice?

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Target's top 10 Black Friday deals - 2024-11-14T17:30:00Z

With Black Friday and Cyber Monday just around the corner, Target (TGT) is offering deals across a variety of categories.

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Amazon is getting into the erectile dysfunction business - 2024-11-14T17:15:00Z

Amazon (AMZN) has been steadily expanding into healthcare, and now it’s setting its sights on telehealth companies like Hims & Hers (HIMS) and Ro.

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Google's Gemini AI chatbot now has an iPhone app - 2024-11-14T16:28:47Z

Google (GOOGL) launched its artificial intelligence-powered Gemini chatbot as an iPhone app this week, offering the service for free in 35 languages worldwide.

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Super Micro Computer stock craters over late financial report. Will it get delisted? - 2024-11-14T16:23:00Z

Shares of Super Micro Computer (SMCI) hit a new 52-week low on Thursday morning as the AI-focused hardware company struggles with filing its quarterly report (Form 10-Q) for the period ending September 30. The San Jose-based company notified the U.S. Securities and Exchange Commission of the delay in a recent filing,…

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Microsoft and NASA have a new AI tool to put satellite data at your fingertips - 2024-11-14T16:07:00Z

Not everyone can make it to outer space, but Microsoft (MSFT) and the National Aeronautics and Space Administration want to “democratize access” to the Earth’s scientific data.

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The McDonald's E. coli outbreak has now sickened more than 100 people - 2024-11-14T15:35:00Z

The number of E. coli cases linked to onions used by McDonald’s has cracked 100. The Food and Drug Administration said in an update that the number of people sickened by the fast food bacteria outbreak has climbed from 90 to 104.

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'Trees don’t grow to the sky': Nelson Peltz says the stock market's Trump 'euphoria' won't last - 2024-11-14T13:31:25Z

The stock market has been on a record-setting hot streak since Donald Trump won the White House last week. But billionaire activist investor Nelson Peltz doesn’t think it will last.

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Disney's streaming business is hitting its stride - 2024-11-14T13:24:00Z

Disney’s streaming business continues to shine, turning a profit for the second quarter in a row.

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Disney earnings are today. Here's what to watch for - 2024-11-14T11:12:00Z

Disney (DIS), one of the oldest and most beloved entertainment brands in the world, is set to report its fiscal fourth-quarter earnings on Thursday morning. The media conglomerate will give investors an update on its efforts to adapt to the ever changing media landscape where streaming is playing an increasingly…

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Jeans, coats, and couches: 10 items that could feel the pinch of Trump's tariffs - 2024-11-14T11:07:28Z

Donald Trump’s re-election could spell trouble for retailers and consumers, especially if his proposal to implement major tariffs on imports comes to fruition.

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How AI found an audience for a John Stamos Super Bowl commercial - 2024-11-14T10:00:00Z

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The 7 best cities in America to visit for Thanksgiving - 2024-11-14T10:00:00Z

If you haven’t figured out your Thanksgiving plans yet or are looking to book a last-minute trip, WalletHub has some suggestions.

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The most extravagant — and absurd — gifts from this year's legendary Neiman Marcus holiday catalog - 2024-11-14T10:00:00Z

Thanksgiving is still a few weeks away, but with distressingly short days and swiftly dropping temperatures, it might be time to indulge in one of the most uplifting aspects of year’s end: holiday shopping.

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The airlines most likely to bump you from your flight - 2024-11-14T10:00:00Z

Among the millions of passengers who head to their boarding gates every year, an unfortunate few are prevented from getting into the seats they paid for by airlines who “oversold” their flights.

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Tesla is now worth more than GM, Ford, Toyota, and other car companies — combined - 2024-11-13T22:32:00Z

Tesla (TSLA) stock has been on a tear lately, reaching a $1 trillion market capitalization. The company is now bigger than a solid chunk of other major auto companies — combined.

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OpenAI is launching an AI agent that can do work for people - 2024-11-13T21:15:00Z

OpenAI is on to the next wave of artificial intelligence with an autonomous agent it reportedly plans to launch in January.

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AMD is laying off workers as it focuses on AI - 2024-11-13T19:40:00Z

Advanced Micro Devices (AMD) is cutting 4% of its global workforce as it focuses on competition in the artificial intelligence chips space.

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Walmart's top 10 Black Friday deals - 2024-11-13T19:09:30Z

With Black Friday and Cyber Monday fast approaching, Walmart (WMT) is offering deals across numerous categories.

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Amazon's top 10 Black Friday deals - 2024-11-13T19:08:41Z

Black Friday and Cyber Monday are almost here, and Amazon (AMZN) is offering discounts across a wide range of categories, giving shoppers a chance to score big on deals.

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Luxury items are having a bad year - 2024-11-13T19:00:00Z

The luxury goods market has not had a sparkling year.

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The Dow rises 200 points as inflation stays steady - 2024-11-13T18:16:12Z

The Dow Jones Industrial Average and other stock indexes ticked higher Wednesday as inflation data came in as expected. The Dow was up 222 points, or 0.5%, in afternoon trading. The tech-heavy Nasdaq and the S&P 500 were up 0.3% and 0.4%, respectively.

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Spirit Airlines can't even tell investors how bad things are - 2024-11-13T17:24:00Z

As reports suggest bankruptcy is on the horizon for Spirit Airlines (SAVE), the company isn’t saying much. In fact, the one thing Spirit Airlines is saying is that it can’t say what’s going on; the company told investors it won’t be able to put together a quarterly earnings filing.

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Amazon's super-cheap Temu competitor is here - 2024-11-13T17:20:33Z

Amazon launched its Temu and Shein competitor on Wednesday, offering ultra-low-cost items and trying to entice back customers fleeing the platform for better deals.

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Bitcoin $100,000 is closer than ever - 2024-11-13T17:20:00Z

Bitcoin has reached over $93,000 and shows no signs of slowing.

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Disney is looking to replace CEO Bob Iger. Here's who might succeed him - 2024-11-13T17:19:11Z

Disney’s search for the next leader of the House of Mouse is heating up, as a deadline to name a successor to outgoing Disney CEO Bob Iger has been set, and new potential candidates are emerging.

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Bitcoin keeps smashing records. Check out its wild 2024 in 3 charts - 2024-11-13T17:18:00Z

Bitcoin has been on a tear since Donald Trump’s election win, and it could be poised for even more gains. The leading cryptocurrency hit $93,000 on Wednesday, with an $100,000 milestone getting closer and closer.

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$2.3 million for a 1-bedroom apartment: Inside one of New York City's swankiest new buildings - 2024-11-13T17:14:06Z

When creating Five Twenty Fifth — the 1,002-foot-tall skyscraper that will soon become the highest residential building on Fifth Avenue — the owners of Manhattan-based real estate company Rabina were determined to build something distinct from other recently constructed towers.

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Saks Fifth Avenue has canceled its annual holiday light show because of a 'challenging year for luxury' - 2024-11-13T15:52:39Z

After nearly two decades of enchanting holiday shoppers with its elaborate light displays, Saks Fifth Avenue suddenly canceled this year’s installation, an about-face from statements made less than a month ago.

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Bernard Arnault is suing Elon Musk's X in a clash between 2 of the world's richest people - 2024-11-13T15:51:04Z

Bernard Arnault, who the Bloomberg Billionaires Index says is the world’s fifth-richest man, is suing Elon Musk, which the index pegs as the richest. The dispute between the two involves an accusation that one of Musk’s companies, the social media platform X (TSLA), republished content from a number of press outlets…

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Dogecoin is soaring after Trump made Elon Musk's DOGE dreams come true - 2024-11-13T15:50:19Z

Dogecoin was skyrocketing Wednesday after the news that the cryptocurrency’sbiggest cheerleader, Elon Musk, will head up a “Department of Government Efficiency” — effectively a non-government group that will consult on spending.

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Microsoft's president has a warning about China - 2024-11-13T15:34:00Z

Despite a yearslong effort to curb China’s technological advances, a top Microsoft (MSFT) executive is warning that the country is not as far behind as the West might think.

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Inflation ticks up slightly as the Fed looks to keep cutting interest rates - 2024-11-13T14:59:09Z

Inflation sped up slightly in October, but fell in line with expectations on the heels of the Federal Reserve’s second consecutive interest rate cut.

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Nvidia's hot new AI chip has its first customer - 2024-11-13T14:58:00Z

Nvidia’s (NVDA) new artificial intelligence chip has its first customer, which plans to build the most powerful AI supercomputer in Japan.

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Spirit Airlines might really go bankrupt this time — and the stock plunges 57% - 2024-11-13T14:57:00Z

Spirit Airlines (SAVE) stock was sinking sharply Wednesday, after a report late Tuesday indicated that the ultra-low-cost carrier is preparing to file for bankruptcy.

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Wall Street bankers are getting even bigger bonuses this year - 2024-11-13T14:53:00Z

Wall Street bonuses could jump as much as 35% this year as the financial services sector basks in strong markets and solid revenue growth.

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