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Markets
Crypto market crash wipes out billions in dramatic single-day plunge
The crypto market was rocked by a dramatic plunge Saturday, marking one of the sharpest…
Klarna valued at $15B ahead of trading debut
Buy now, pay later company Klarna is making its long-awaited initial public offering on Wednesday…
401(k) giant to allow private markets investments in its retirement portfolios
More retirement savers are about to see private markets investments in their portfolios. The 401(k)…
Nucor hit with cybersecurity incident, temporarily shuts down some production
Steelmaker Nucor said on Wednesday that it had experienced a cybersecurity incident and temporarily shut…
Amazon and FedEx have new deal for package deliveries in wake of UPS slowdown
Amazon and FedEx have entered a package delivery deal. Business Insider reported, citing an internal…
UnitedHealth CEO steps down for ‘personal reasons’
UnitedHealth Group on Tuesday said Chairman Stephen Hemsley will return to the helm of the…
Nissan expands job cuts to 20,000 globally amid financial woes, tariff concerns
Japanese carmaker Nissan has increased its planned job cuts by 11,000 as part of its…
Disney’s stock soars as Iger takes theme park to Abu Dhabi
Disney CEO Bob Iger seems to have reignited the media giant’s magic, with several Wall…
Apple warns ruling in App Store case may cost ‘substantial sums annually’
Apple requested that a federal appeals court temporarily pause a district judge's ruling requiring it…
AstraZeneca opens $300 million cell therapy manufacturing plant in Maryland
AstraZeneca, as part of its ongoing $3.5 billion investment in American innovation, opened its first…
Credit Suisse paying over $510M in penalties for helping US clients evade taxes
The Department of Justice (DOJ) said Credit Suisse Services AG will pay more than $510…
Skechers bought for $9.4B by 3G Capital, taking footwear company private
Private equity firm 3G Capital reached a deal to buy Skechers and take the footwear…
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