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Category: Business

By Rian LordIn Business, NewsPosted August 9, 2023

Sony Pictures Reports Sharp Decline in Quarterly Profit

Sony Pictures, the film and television division of Sony Corporation, reported a sharp decline in its quarterly profit for the first quarter of 2023, which...

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By Rian LordIn Business, NewsPosted August 9, 2023

AMD Stock Soars to New Highs on Strong Demand and Big Money Flows

AMD (AMD), the semiconductor company that produces chips for computers, gaming consoles, and data centers, has seen its stock price surge to new highs in...

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By Rian LordIn Business, NewsPosted August 9, 2023

Disney to Report Q3 Earnings Amid Pandemic Recovery and Streaming Challenges

Disney (DIS), the media and entertainment giant, is scheduled to release its fiscal third-quarter earnings on Wednesday, August 9, after the market closes. Analysts expect...

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By Rian LordIn Business, NewsPosted August 9, 2023

Apple Shares Fall After Disappointing Quarterly Earnings Report

Apple Inc., the world’s most valuable company, saw its shares drop by more than 5% on Wednesday, after it reported lower-than-expected earnings for the fourth...

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By Rian LordIn Business, NewsPosted August 9, 2023

ESPN Enters Sports Betting Market with $1.5 Billion Deal with Penn Entertainment

ESPN, the leading sports media network owned by Disney, has announced a landmark deal with Penn Entertainment, a gaming and entertainment company, to enter the...

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By Rian LordIn Business, NewsPosted August 9, 2023

Florida Ticket Wins Record-Breaking Mega Millions Jackpot of $1.58 Billion

A lucky ticket sold in Florida has won the largest Mega Millions jackpot in history, with a staggering prize of $1.58 billion. The ticket matched...

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By Rian LordIn Business, NewsPosted August 9, 2023

UAW President Slams Stellantis for Trying to Gut Benefits During Negotiations

UAW President Shawn Fain expressed his outrage at the contract proposals from Stellantis, the owner of Jeep, Ram, Chrysler, Dodge and Fiat brands, during a...

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By Rian LordIn Business, NewsPosted August 9, 2023

UK Economy to Suffer Five Years of Lost Growth, Think Tank Warns

The UK economy is facing a bleak outlook, as a triple shock of Brexit, Covid and the Ukraine war has severely damaged its prospects for...

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By Rian LordIn Business, NewsPosted August 9, 2023

Country Garden Faces Default Risk as Coupon Payments Delayed

Country Garden Holdings Co., one of China’s largest real estate developers, is facing the risk of default as some of its bondholders have not received...

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By Rian LordIn Business, NewsPosted August 9, 2023

How to Start a For-Profit Business for a Cause: A Reddit User Asks

Many people have a passion for a social or environmental cause, but they may not know how to turn it into a profitable business. A...

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By Rian LordIn Business, NewsPosted August 9, 2023

Dish Network and EchoStar to Merge in All-Stock Deal

Dish Network and EchoStar, two companies founded by billionaire Charlie Ergen, announced on Tuesday that they have agreed to merge in an all-stock deal. The...

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By Rian LordIn Business, NewsPosted August 9, 2023

Market Rally Holds Key Support, For Now; Two Big AI Losers Late

The market rally faced a key test on Tuesday, as the S&P 500 and Nasdaq composite fell below their 50-day moving averages before recovering some...

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By Rian LordIn Business, NewsPosted August 9, 2023

Reddit Users Share Their Best Business Ideas for 2023

If you are looking for some inspiration to start your own business in 2023, you may want to check out the r/business subreddit, where users...

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By Rian LordIn Business, NewsPosted August 9, 2023

Zoom Wants Its Employees to Return to Office Part-Time Despite Remote Work Boom

Zoom, the company that became the symbol of remote work during the pandemic, is joining the trend of bringing its employees back to the office...

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By Rian LordIn Business, NewsPosted August 9, 2023

How to Generate Leads for HVAC Business: Tips from Reddit Users

HVAC businesses face a lot of competition in the market, especially during the peak seasons of summer and winter. To stand out from the crowd...

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By Rian LordIn Business, NewsPosted August 9, 2023

China Faces Deflation Risk as Consumer Prices Fall for First Time in Two Years

China’s consumer prices dropped in July for the first time since February 2021, while factory gate prices continued their declines, data showed on Wednesday, as...

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