News - 2024-09-06

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The Big Number: $3.8 Billion

Sep 6, 2024, 11:26 AM

The amount offered by Nordstrom’s founding family to buy its namesake retailer.

The union members opposed to Nippon's purchase of US Steel have political leverage at the moment. That will change after the election.

The telehealth world is entering a new phase of vertical integration in healthcare.

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He employed audacious marketing campaigns to lift his agency into the top tier of New York firms representing luxury properties.

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(Bloomberg) -- Brazil’s ban of X amid a fight with Elon Musk over disinformation on his prized social-media site offers a cautionary message for other democracies trying to balance freedom of expression with the integrity of information ahead of elections.Most Read from BloombergHow Americans Voted Their Way Into a Housing CrisisAfter a Record Hot Summer, Pressure Grows for A/C MandatesChicago Halts Hiring as Deficit Tops $1 Billion Through 2025For Tenants, AI-Powered Screening Can Be a New Barr

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Plans to change winter fuel payments have highlighted the problem of unclaimed pensioner benefits.

A rebound in the job market in August that still showed signs of cooling is likely to keep the Federal Reserve on track to cut interest rates by a quarter percentage point this month.

The byline of Robert D. McFadden, who retired on Sunday, has been one of the most distinguished in the history of The Times. Here is a sampler of his artful obituaries.

Chip stocks led the tech sector lower on Friday to cap what has been a volatile first week of September.

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James Herbert was permitted to sell nearly $7 million of shares before First Republic Bank’s demise last year, Massachusetts regulators said.

The pivotal August jobs report will provide clues to the size of the Fed's rate cut this month and the health of the economy.

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The U.S. Department of Labor's payroll report for August found that job losses in the manufacturing and retail sectors partially offset gains that were led by construction and health care.

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Leonid Radvinsky's huge earnings were revealed in the online platform's latest accounts.

Employers added 142,000 jobs in August, fewer than economists had expected, and previous months were revised downward.

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The stock market “can’t win” at the moment, said Andrew Brenner, head of international fixed income at National Alliance Securities. “Heads I lose, tails I lose.”

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The celebrity joins the billionaire ranks thanks to her Rare Beauty make-up business.

The labor market has shown unambiguous signs of cooling, economists said. Recession could follow if the trajectory continues.

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Chip stocks led the tech sector lower on Friday to cap what has been a volatile first week of September.

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Chip stocks led the tech sector lower on Friday to cap what has been a volatile first week of September.

Celebrity chefs and politicians paid tribute to the man behind the extra-thick shake known as the concrete, an intrinsic part of St. Louis summers.

The Department of Transportation is making four major U.S. carriers hand over details about their rewards programs in order to ensure they aren't deceptive or anti-competitive.

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Seven & i on Friday declined the preliminary proposal that Alimentation Couche-Tard made last month to acquire the Japanese corporate parent of the 7-Eleven convenience store chain.

Super Micro stock took another hit as JPMorgan analysts told new investors to stay on the sidelines until uncertainty surrounding the AI high flyer clears up.

Their fast-evolving political friendship has become a potential minefield, as Mr. Musk’s sprawling businesses may present conflicts of interest if Mr. Trump is elected in November.

Mr. Carlson’s guest on “Tucker on X” made a variety of false claims about the Holocaust and World War II.

A regulator said it was opening an investigation into Ticketmaster’s actions, but the company disputed that “dynamic pricing” came into play.

The Big Number: $3.8 Billion

Sep 6, 2024, 11:26 AM

The amount offered by Nordstrom’s founding family to buy its namesake retailer.

The pivotal August jobs report will provide clues to the size of the Fed's rate cut this month and the health of the economy.

NVDA
AVGO

The company says the price rise is needed as it faces "very real and urgent" financial challenges.

Evercore ISI head of internet research Mark Mahaney reveals his top tech stocks during an appearance on ‘Varney & Co.’

Elon Musk and his allies have argued that the order to block X is unconstitutional in Brazil, and the wider Brazilian Supreme Court will consider the issue to render final decision.

The value of the 88-year-old activist investor’s company has fallen by nearly $20 billion. Mr. Icahn said that he was “absolutely not selling.”

WASHINGTON (Reuters) -More than 90 company executives, including the chief executives of Yelp and Chobani as well as the former CEOs of PepsiCo, Ford Motor Co and Yahoo!, endorsed U.S. Vice President Kamala Harris for the presidency in a letter released on Friday. Separately, more than 100 current and retired law enforcement officials also backed Harris in her contest against Republican former President Donald Trump ahead of the Nov. 5 presidential election. The company executives, which include the heads of top sports and investment companies, said they were confident that the Democrat would continue to bolster the economy and preserve American democracy.

After facing significant financial woes and filing for Chapter 11, Red Lobster has been cleared to exit bankruptcy and will be acquired by RL Investor Holdings LLC.

The pivotal August jobs report will provide clues to the size of the Fed's rate cut this month and the health of the economy.

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The student financial aid application is expected to be ready by Dec. 1, two months later than usual. Experts offer some tips on what to do in the meantime.

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Fed officials are hurtling toward a rate cut this month, but Friday’s jobs data left their options open on the size of that reduction.

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The pivotal August jobs report will provide clues to the size of the Fed's rate cut this month and the health of the economy.

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The pivotal August jobs report will provide clues to the size of the Fed's rate cut this month and the health of the economy.

Employers added 142,000 jobs in August, figures show, which was less than expected.

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FOX Business’ Charles Payne weighs in on the state of the U.S. economy as the Biden administration continues to tout a healthy labor market.

The US economy added fewer jobs than expected in August while unemployment ticked lower.

Harris Financial Group managing partner Jamie Cox provides his expectations for a rate cut, monetary policy and his outlook on oil prices.

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Higher tariffs, lower taxes, and more of Elon Musk: The former president outlined his economic vision to an audience of business leaders. But questions abound.

The regulator says anti-competitive practices could be harming online publishers and advertisers.

The pivotal August jobs report will provide clues to the size of the Fed's rate cut this month and the health of the economy.

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The pivotal August jobs report will provide clues to the size of the Fed's rate cut this month and the health of the economy.

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Prosecutors in the US say he fraudulently earned millions of dollars through billions of streams.

The slowing labor market is flashing troubling signs according to a longtime executive recruiter, who says the U.S. is in a "job market recession" right now.

Ahead of a key Federal Reserve meeting to set interest rates, employers added 142,000 jobs in August, fewer than economists had expected, and previous months were revised downward.

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For the friends of some famous athletes, hosting a show can mean a little money, some fame and a whole lot of work.

So-called agentic artificial intelligence doesn’t require a human to tell it what to do. At least, that’s the idea.

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A harsh September season and regulatory rumblings have prompted louder invitations to get in on Nvidia.

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A looming decision in Washington to block Nippon Steel’s merger with U.S. Steel on national security grounds is raising sharp questions in Tokyo.

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(Reuters) -Chipmaker Broadcom forecast fourth-quarter revenue slightly below Wall Street expectations on Thursday, hurt by sluggish spending in its broadband segment. Despite a sharp rise in orders for its artificial intelligence chips, shares fell nearly 5% in extended trading. California-based Broadcom expects revenue of around $14 billion, while analysts polled by LSEG expected $14.04 billion.

While rate cuts are welcome in much of the economy, they pose problems for risk-averse investors who relish high money market and bond yields.

China's policymakers need to focus on boosting domestic demand, Yi Gang, former head of the People's Bank of China, said Friday at the Bund Summit in Shanghai.

The recent rate cut has boosted confidence among homebuyers, the UK's largest mortgage lender says.

There were 135 second homes up for sale in Pembrokeshire in July up from 38 the previous year.

Japanese chip companies are tapping billions of dollars and collaborating with foreign firms as part of new government policies that look outward.