Month: July 2024
Warren sounds alarm on T-Mobile, U.S. Cellular deal with Justice Department, FCC
Sen. Elizabeth Warren, D-Mass., speaks during the Senate Armed Services Committee hearing on security in Afghanistan and in the regions of South and Central Asia, in the Dirksen Building in Washington, D.C., on Oct. 26, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images WASHINGTON — A group of Democratic senators are sounding the […]
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Inside Best Buy’s push to get back to sales growth, cash in on AI craze
Microsoft PCs on display at a Best Buy store in Secaucus, N.J. Melissa Repko | CNBC Best Buy on Tuesday announced new plans to try to reverse a two-year sales slump and cash in on a much-awaited replacement cycle of pandemic-era purchases and a fresh wave of innovation. The consumer electronics retailer said it would […]
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Farnborough Air Show kicks off with $51 billion in deals as Airbus shows off new ultra long-haul jet
An Airbus A321-XLR takes part in an air display on the opening day of the Farnborough International Airshow 2024, south west of London, on July 22, 2024. Justin Tallis | Afp | Getty Images FARNBOROUGH, England – The Farnborough Air Show generated deals worth £39.3 billion ($50.8 billion) across its first day, the organizers of […]
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Hungary told it can’t host EU gathering after the latest clash with Putin ally over Ukraine
Hungary’s Prime Minister Viktor Orban arrives for a meeting of European Union EU leaders in Brussels, Belgium, Dec. 14, 2023. Zhao Dingzhe | Xinhua News Agency | Getty Images Hungary has been stripped of the right to host a forthcoming gathering of European Union ministers due to its stance on the war in Ukraine. Josep […]
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Harris debuts on campaign trail as favorite for Democratic nomination: Live Updates
Netanyahu to meet Biden Israeli Prime Minister Benjamin Netanyahu visits the White House this week to meet U.S. President Joe Biden, amid pressure to end the war that has devastated the Gaza Strip since October. Israel, which maintains it does not target civilians and only pursues Palestinian militant group Hamas, has faced international criticism over […]
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Germany’s struggling construction sector is showing no signs of a recovery
Construction site of a residential building with scaffolding and large cranes Fhm | Moment | Getty Images The German construction sector is showing no signs of recovering, even after being in a crisis for months and despite pledges of support and investment from the government. Recent economic data shows the industry is still in a […]
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An Asian city is named the safest destination in the world for travelers
Singapore is the world’s safest city for tourists, according to new research by Forbes Advisor. The study, which analyzed factors such as crime, healthcare quality and risks of natural disasters, ascribed safety scores from 0 to 100 — with the safest cities receiving the lowest scores. Based on the study’s assessment, Singapore scored 0 points. […]
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U.S., Japan to hold high-level security talks on nuclear deterrence
Foreign and defense ministers from Japan and the United States will hold security talks on July 28 that for the first time will cover “extended deterrence”, a term used to describe the U.S. commitment to use its nuclear forces to deter attacks on allies. Wong Yu Liang | Moment | Getty Images Foreign and defense […]
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General Motors is set to report earnings before the bell
A GMC pickup truck is displayed for sale on a lot at a General Motors dealership in Austin, Texas, on Jan. 5, 2023. Brandon Bell | Getty Images DETROIT — General Motors is set to report second-quarter results before the bell Tuesday. Wall Street expects GM to be the standout among the traditional Detroit automakers, with […]
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Wiz walks away from $23 billion deal with Google, will pursue IPO
Wiz has walked away from a $23 billion deal to be acquired by Google, in what would have been the search giant’s largest-ever deal, telling employees it would pursue an initial public offering as it initially planned. “Saying no to such humbling offers is tough,” Wiz co-founder Assaf Rappaport said in a memo obtained by […]
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