Italy’s Eni Wins Appeal Against $5.3 Million Antitrust Fine
ROME – On Monday, Plenitude, the retail unit of Italian energy group Eni (NYSE: E), won an appeal against a […]
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Brookfield Eyes $7.4 Billion Bid for Spanish Drugmaker Grifols: Report
Brookfield (NYSE: BN), the Canadian fund, plans to offer about 7 billion euros ($7.4 billion) for Spanish drugmaker Grifols (NASDAQ:
Brookfield Eyes $7.4 Billion Bid for Spanish Drugmaker Grifols: Report Read More »
Wall Street Indexes End Lower Powell Dashes Hopes for December Rate Cut
Wall Street’s main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors’ hopes for another interest
Wall Street Indexes End Lower Powell Dashes Hopes for December Rate Cut Read More »
Rising US Producer Prices Add to Signs of Waning Disinflation
WASHINGTON – U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline
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Business
Advance Auto Parts to Close Stores, Cut Jobs Amid Sluggish Demand
On Thursday, Advance Auto Parts (NYSE: AAP) said it will close about 500 stores by mid-2025 and cut some jobs
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Trump’s Victory Could Ease Regulatory Path for Musk’s Robotaxi, but Hurdles Remain
As Tesla’s (NASDAQ: TSLA) electric-vehicle sales have flattened this year, CEO Elon Musk has increasingly staked the company’s future on
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Cisco (NASDAQ: CSCO) Shares Dip Despite Upbeat Q1 Results and Optimistic Outlook
Cisco Systems (NASDAQ: CSCO) forecast quarterly revenue and profit above Wall Street estimates after posting upbeat first-quarter results, helped by
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Peltz Says Trump-Election Stock Market Rally Cannot Continue Uninterrupted
NEW YORK – Hedge fund manager Nelson Peltz, who backed president-elect Donald Trump this year, said the election-fueled stock market
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Business
Charter to Acquire Liberty Broadband in All-Stock Deal
Charter Communications (NASDAQ: CHTR), the cable operator, has agreed to buy Liberty Broadband (NASDAQ: LBRDA) in an all-stock deal, the
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