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Business News

Apple Store in Oklahoma City Becomes Second to Unionize

15/10/2022 5:10 - Workers said pay was adequate and benefits were good, but complained that managers’ practices often seemed arbitrary. ...

JPMorgan, Citigroup and Other Big Banks See Profits Drop

15/10/2022 5:10 - Lenders foresee economic “headwinds,” but household spending is mostly holding up, buffering profits from turmoil in financial markets. ...

Can Balenciaga Break With Kanye?

15/10/2022 2:10 - The fashion brand and the rapper have had an intense love affair. But after Ye’s White Lives Matter shirt and antisemitic comments, the company may need to be heartless. ...

Fox and News Corp, After Years Apart, Explore Merger

15/10/2022 2:10 - A union would represent an about-face for both companies, which told investors nearly a decade ago that they were better off apart. ...

What the $24.6 Billion Kroger-Albertsons Merger Could Mean for Groceries

15/10/2022 1:10 - Two of the largest U.S. supermarket chains hope to join forces as inflation pushes food prices higher and as Amazon and Walmart become more powerful. ...

Atlanta Fed President Corrects His Financial Reports After Trading Scandal

15/10/2022 1:10 - The Federal Reserve was rocked by scandal over trading by three of its officials. Now, the head of the Atlanta Fed is reporting undisclosed transactions. ...

Nikola Founder Trevor Milton Is Convicted of Fraud

15/10/2022 0:10 - Trevor Milton was accused of boasting about nonexistent technology to inflate the stock price of Nikola, a maker of electric trucks. ...

Morgan Stanley’s 30% Profit Drop Sends Stock Price Down

14/10/2022 23:10 - The Wall Street firm reported lower fees and weaker revenue from trading stocks in the third quarter. ...

Citigroup Quarterly Profit Falls 25%

14/10/2022 23:10 - The bank reported a 25 percent decline in profit in the third quarter, versus last year, in part because of “very challenging markets.” ...

Lessons From Liz Truss’s Handling of U.K. Inflation

14/10/2022 23:10 - The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation. ...


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