Breaking News: Business
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SpaceX president says ‘there is plenty of room for competition,’ as Starlink nears 5 million customers
SpaceX President and Chief Operation Officer Gwynne Shotwell speaks during the NASA Commercial Crew Program (CCP) astronaut visit at the…
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GM lays off 1,000 employees amid reorganization, cost-cutting
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca…
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Hyundai names North American exec Jose Munoz as CEO, effective Jan. 1
Hyundai CEO Jae Hoon Chang (left) and José Muñoz, Hyundai president and global chief operating officer, attend the 2024 New…
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Disney earnings offer hope that streaming can successfully supplant linear TV
The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022.…
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Embattled fashion house Burberry reveals massive overhaul sending shares to an all-time high
Shoppers walk past Burberry’s Shanghai store Kevin Lee | Getty Images LONDON — Burberry is aiming to win back shoppers…
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Disney narrowly beats estimates as streaming boosts entertainment segment
Disney reported its fiscal fourth-quarter earnings Thursday, narrowly beating analyst estimates as streaming growth helped propel its entertainment segment. Here…
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Amazon Prime Video to stream Diamond regional sports networks
Sopa Images | Lightrocket | Getty Images Diamond Sports reached a deal with Amazon’s Prime Video that will allow its…
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VW’s $5.8 billion investment in Rivian isn’t guaranteed. Here are the milestones the EV maker needs to hit
Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel…
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Personal luxury goods market to shrink for first time since the 2008 financial crash, research finds
The storefronts of Dolce & Gabbana, Tiffany & Co. and Patek Philippe are seen as people enter Icon Siam, a…
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Liberty Media to spin off assets; CEO Greg Maffei to step down at year-end
John Malone, Liberty Media Scott Eells | Bloomberg | Getty Images Liberty Media announced Wednesday it’s spinning off most assets…
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