The U.S. Treasury Department announced it will not enforce a Biden-era small business rule intended to curb money laundering and shell company formation. In a Sunday…
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Investing
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Kroger Chairman and CEO Rodney McMullen has resigned after an internal investigation into his personal conduct. Kroger, the nation’s largest grocery chain,…
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Investing
Musk says he’s sending Starlink tech to FAA while asserting, without evidence, that air safety is at risk
by adminElon Musk said Thursday that he’s sending his Starlink satellite internet terminals to the Federal Aviation Administration while saying, without providing evidence, that…
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The egg aisle is anything but cheaper by the dozen these days — and that’s becoming a big problem ahead of the…
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Investing
Nvidia CEO Huang says AI has to do ‘100 times more’ computation now than when ChatGPT was released
by adminNvidia CEO Jensen Huang said next-generation AI will need 100 times more compute than older models as a result of new reasoning approaches…
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Paramount Global told its employees this week that it’s ending numerous diversity, equity and inclusion policies, according to a memo obtained by CNBC.…
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Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson is stepping down as the company expects to more than double vehicle production…
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Investing
Musk loses more than $100B as Tesla gives up trillion-dollar company status amid sell-off
by adminElon Musk’s status as the world’s wealthiest person is in no danger of changing. But since mid-December, the tech titan’s net worth…
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Investing
Home Depot earnings beat Wall Street estimates as retailer breaks comparable sales losing streak
by adminHome Depot on Tuesday topped Wall Street’s quarterly sales expectations, even as elevated interest rates and housing prices dampened consumer demand for large remodels and…
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McDonald’s is leaning into its reputation as a breakfast value offering, vowing to reject a surcharge on meals with eggs while announcing…