Month: August 2024
Apartments, hockey rinks and Amazon warehouses: Macy’s closures will set off a wave of change at shopping malls
A customer enters a Macy’s store that is set to close at Bay Fair Mall on February 27, 2024 in San Leandro, California. Justin Sullivan | Getty Images Macy’s decision to close nearly a third of its stores will spark change in malls and communities across the U.S. Some of those transformations may catch shoppers […]
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Musk to interview Trump on X, as Harris reshapes presidential race
This combination of photos shows former President Donald Trump during rally at the Minden Tahoe Airport in Minden, Nev., Oct. 8, 2022, left, and Elon Musk in Wilmington, Del., July 12, 2021. AP Elon Musk will interview former President Donald Trump Monday evening on X, the latest collaboration between two men whose unlikely alliance could […]
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GM reveals redesigned GMC Terrain as brand’s entry-level model
2025 GMC Terrain Elevation GM DETROIT — General Motors on Monday revealed redesigned versions of its entry-level GMC Terrain crossover, including a new standard “Elevation” model. The compact crossover features a more rugged exterior design. It also has a new interior with 26 inches of screens, including a 15-inch center touchscreen and an 11-inch driver […]
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5 things to know before the stock market opens Monday
Here are the most important news items that investors need to start their trading day: 1. Whirlwind week Stocks nearly recovered to break even last week after a rout on Monday. The Dow Jones Industrial Average ended the week down 0.6%, while the S&P 500 and Nasdaq Composite lost 0.04% and 0.18%, respectively. A weak […]
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Stocks making the biggest premarket moves: KeyCorp, Starbucks, JetBlue, Eli Lilly and more
Check out the companies making the biggest moves in premarket trading: KeyCorp — Shares of the Cleveland-based regional bank jumped 18% after the announcement of a minority investment from The Bank of Nova Scotia. The deal gives Scotiabank 14.9% of KeyCorp’s common stock for roughly $2.8 billion in cash. Starbucks — Shares of the coffee […]
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Ukraine’s incursion into Russia gathers pace as 11,000 evacuated from second border region
Ukrainian servicemen drive a Soviet-made T-64 tank in the Sumy region, near the border with Russia, on August 11, 2024, amid the Russian invasion of Ukraine. Russia on August 11 acknowledged Ukrainian troops had pierced deep into the Kursk border region in an offensive that a top official in Ukraine said aimed to “destabilise” Russia […]
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Market sell-off won’t last for one key reason, CIO says: There’s no tech bubble to burst
Global markets are cautiously rebounding from an early-August rout — and one asset manager says there’s no need to fear a burst tech bubble causing a persistent downturn. Technology stocks were among the hardest-hit by the recent sell-off, as declines of 1.6% in July and more than 4% so far in August for Wall Street’s tech-dominated […]
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DirecTV is pushing its pay TV bundle — without a satellite dish
The “For the Birds” ad campaign for DirecTV emphasizes customers don’t need a satellite dish anymore for service. The pigeons are voiced by former NFL star Deion Sanders, and actors Steve Buscemi and Henry Winkler. Courtesy: DirecTV Coach Prime wants consumers to know they can watch DirecTV without a satellite dish. The company best known for […]
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U.S. sends more forces and military hardware to the Middle East in anticipation of Iranian attack on Israel
This handout photo provided by the US Navy shows the aircraft carrier USS Abraham Lincoln, left, in 2019. Zachary Pearson | U.S. Navy Handout | Getty Images The U.S. is sending more troops and military hardware to the Middle East as it seeks to increase the resources available to “defend Israel,” the Pentagon said in […]
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Adani Group shares shed billions after Hindenburg allegations against regulator
An aeroplane flies behind the Adani logo near a building construction site in Mumbai. Adani group is one of the India’s largest multinational company with a diversified business portfolio. Sopa Images | Lightrocket | Getty Images Shares of Adani Group fell on Monday, after a new report from U.S. short seller Hindenburg accused the chair […]
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