News - 2025-01-24

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Maxime Chapoutier makes wines that combine French and Australian grapes, a strict no-no in the EU.

President Trump's 'America First' message takes shape, as the rest of the world begins to digest what it might mean for them and global trade.

Venture capital and cryptocurrency companies have claimed that they are subject to politically motivated discrimination, though the banks firmly deny that.

Howard Lutnick disclosed details of complex financial interests, holding at least $800 million in assets.

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The energy giant is spending nearly $50 billion to expand the Tengiz oil field, allowing it to pump one million barrels a day.

The federal law banning TikTok has revealed a major schism among American tech companies: Some are willing to flout the law — and some, including Apple and Google, are not.

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The market perked up late in the year when interest rates eased, but affordability challenges yielded the fewest transactions since 1995.

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Existing home sales declined in 2024 to the lowest level since 1995, while median home prices rose to a record high as elevated mortgage rates confound the market.

Wall Street stocks are on track for weekly wins as markets ride the Trump roller-coaster.

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The airline clarified (somewhat) the attire and appearance that might prevent passengers from being allowed to board or remain on a plane, a move that goes a step further than other major U.S. airlines.

Costco's shareholders overwhelmingly rejected a proposal that called for assessing the risk of keeping its diversity, equity and inclusion (DEI) programs in place.

Target is the latest company to make changes to its diversity, equity and inclusion (DEI) programs as pressures mount. Several firms have rolled back their policies in recent months.

The pickup was especially fueled by millennials and Gen Z users, who spent more on experiences such as travel and entertainment.

It’s not yet known how Donald Trump will resolve TikTok’s complicated legal limbo, but what does seem clear is that the fate of the social media app is increasingly linked in the president's mind to his top issue of tariffs.

A strong dollar is usually not good for companies. But for the big three US carriers, it's been a tailwind.

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Walmart announced that certain managers are getting a pay bump that can push their total compensation to more than $600,000 with all stock grants and bonuses calculated in.

Wall Street stocks are on track for weekly wins as markets ride the Trump roller-coaster.

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Cargo theft surged to another record last year as criminal enteprises continue to become more sophisticated in using fraud to redirect shipments from their intended destination.

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Tesla launched an updated version of the Model Y in the US late Thursday night, bringing excitement to its product portfolio, which had been getting long in the tooth.

Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing power needed by A.I. products and algorithms.

The Direct File system will be open to millions of taxpayers in 25 states, up from 12 last year. But it’s unclear what will happen to the program next year.

President Trump faces a gap between the rich and poor, one that helped him get elected. But he also faces another one: the gap between a winning US and a losing Europe and China. Which may be a problem.

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Wall Street stocks are on track for weekly wins as markets ride the Trump roller-coaster.

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Novo Nordisk announces new early clinical trial data for its latest weight loss drug, amecrytin.

On the ground in Davos, DEI has been the subject of conversation both on the record and behind closed doors.

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Businesses which boost their star ratings will have warnings attached to them - fake reviewers will be banned.

Wall Street stocks are on track for weekly wins as markets ride the Trump roller-coaster.

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Retailers are facing relentless competition from controversial fast-fashion companies Shein and Temu, according to Coresight Research, which anticipates 15,000 retail closures this year.

The charge aimed to close a tax loophole and recover backdated taxes, but has left many facing big bills.

(Bloomberg) -- Traders looking to sell the world’s reserve currency are far more common than thought even as the dollar’s dominance rips across markets, according to Morgan Stanley.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Close for Almost a Month on Ja

Italy's bailed-out Monte dei Paschi di Siena on Friday launched a 13.3 billion euro all-share takeover offer for larger domestic peer Mediobanca.

(Bloomberg) -- President Donald Trump said he’d prefer not to have to impose tariffs on China, his latest dovish remark toward the world’s second-biggest economy even as he continues to threaten sweeping action. Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will

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Boeing reported preliminary fourth quarter results on Thursday after the bell, estimating a whopping $3.5 billion operating cash flow loss to the quarter, citing the effects of a work stoppage, workforce reductions, and changes in its defense business.

A deal for nuclear submarine reactors is agreed between the Ministry of Defence and Rolls-Royce.