Thursday, May 16, 2024

Business

As Amazon Grows, So Does Its Eye On Consumers

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From what you buy online, to how you remember tasks, to when you monitor your doorstep, Amazon is seemingly everywhere. And it appears the company doesn’t want to halt its reach...

Ben & Jerry’s Loses Bid To Block Its Ice Cream From Being Sold In The West Bank

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VERMONT (JTA) - A federal judge denied ice cream maker Ben & Jerry’s attempt to get its parent company Unilever to stop selling the brand’s ice cream in the West Bank. Andre...

Musk Subpoenas Former Twitter CEO And Friend Jack Dorsey

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Tesla CEO Elon Musk has subpoenaed his friend and former Twitter CEO Jack Dorsey as part of an effort to back out of his $44 billion agreement to acquire the company Dorsey helped ...

Jobs’ Apple-1 Computer Prototype Auctioned For Nearly $700K

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BOSTON (AP) — An authenticated Apple-1 Computer prototype from the mid-1970s has sold at auction for nearly $700,000. The prototype was used by Apple co-founder Steve Jobs in 19...

Amazon Testing Tiktok-style Feed On Its App, AI Firm Says

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NEW YORK (AP) — Amazon appears to be getting the TikTok bug, joining other companies seeking to hold consumers' attention by introducing replicas of the popular social platform. ...

Target Takes A Hit After Heavy Discounts To Clear Inventory

NEW YORK (AP) — Target reported solid sales for the fiscal second quarter but its profit plunged nearly 90% after it was forced to slash prices to clear unwanted inventories of clo...

Musk Tweet Joking About Buying Manchester United Causes Stir

LONDON (AP) — Elon Musk caused a stir by tweeting that he was buying the English soccer team Manchester United — whose current owners are opposed by many fans — then saying several...

Walmart Tops Q2 Expectations As Americans Continue Spending

NEW YORK (AP) — Walmart reported better-than-expected second quarter results as more Americans looked to cut costs on groceries at the nation's largest retailer in the face of surg...
FILE - This Dec. 20, 2010 file photo shows signage at a Starbucks store in New York. Starbucks aims to drum up holiday sales with promises of free espresso drinks this season - as long as you're in the right store. Starting Friday, Dec. 23, 2016, select Starbucks stores will host 1,000 Pop Up Cheer Parties over 10 days, where customers can enjoy free tall handcrafted espresso beverages, from mochas to chestnut praline lattes. (AP Photo/Richard Drew, File)

Starbucks Wants to Suspend Mail-in Ballots in Union Elections Due to Voter Fraud

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SEATTLE (Yaakov M / VINnews) — The Starbucks corporation wants to ban mail-in ballots from its union elections, due to concerns about…wait for it…election fraud. Sound familiar?...

Israeli Students Call Ben & Jerry’s Out for Occupying Tribal Lands In Vermont

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NEW YORK (VINnews/SandyEller) - Turning the tables on ice cream maker Ben & Jerry’s, a group of Israeli students accused the company of hypocrisy for its occupation of Vermont ...

China Criticizes US Chip Law As Threat To Trade

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BEIJING (AP) — China on Wednesday criticized a U.S. law to encourage processor chip production in the United States and reduce reliance on Asian suppliers as a threat to trade and ...

Russians Buy Last Goods From H&M, Ikea As Stores Wind Down

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MOSCOW (AP) — Russians are snapping up Western fashion and furniture this week as H&M and IKEA sell off the last of their inventory in Russia, moving forward with their exit fr...

Elon Musk Sells $7B In Tesla Shares Ahead Of Twitter Fight

NEW YORK (AP) - Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter. Musk disclose...

US Inflation Slips From 40-Year Peak But Remains High 8.5%

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WASHINGTON (AP) — Falling gas prices gave Americans a slight break from the pain of high inflation last month, though the surge in overall prices slowed only modestly from the four...

Axios Media Is Sold To Cox Enterprises

NEW YORK (AP) — Axios Media is being acquired by Cox Enterprises, which said Monday that it plans to push the online news provider into new markets while broadening its coverage. ...

Pfizer Buying Global Blood Therapeutics In $5.4B Deal

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NEW YORK (AP) - Pfizer is buying sickle cell drug maker Global Blood Therapeutics in an approximately $5.4 billion deal as it looks to accelerate growth after its revenue soared du...

Buffett’s Firm Reports $44B Loss But Its Businesses Thrive

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OMAHA, Neb. (AP) — Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted, but Berkshire Hathaway’s many oper...

Musk Says Twitter Deal Could Move Ahead With ‘Bot’ Info

Elon Musk said Saturday his planned $44 billion takeover of Twitter should move forward if the company can confirm some details about how it measures whether user accounts are ‘spa...

Musk Countersuit Accuses Twitter Of Fraud

Elon Musk accused Twitter of fraud in a countersuit over his aborted $44 billion deal for the social media company, which he said held back necessary information and misled his tea...

Amazon To Buy Vacuum Maker iRobot For Roughly $1.7B

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NEW YORK (AP) — Amazon on Friday announced it has agreed to acquire the vacuum cleaner maker iRobot for approximately $1.7 billion, scooping up another company to add to its collec...