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Business News

GM to Retire the Chevy Malibu to Make More EVs

09/05/2024 0:05 - The gasoline-powered Malibu was the last sedan sold by Chevrolet, the General Motors brand, in the United States. ...

FTX says it will return money to most crypto customers nearly 2 years after catastrophic demise

08/05/2024 23:05 - Collapsed crypto exchange FTX said it will return money to most customers less than two years after its catastrophic implosion. ...

Uber Earnings Disappoint Amid High Legal Bills, Weak Rider Demand

08/05/2024 23:05 - The company has racked up bills after long-running legal fights with regulators and cabdrivers. ...

AstraZeneca Withdraws Covid Vaccine Worldwide, Citing Low Demand

08/05/2024 20:05 - The shot is no longer being manufactured or supplied, and it is no longer authorized for use in Europe. ...

Trial About to Begin for Billionaire Trader Accused of ‘Pump and Brag Scheme’

08/05/2024 19:05 - The hedge fund is accused of borrowing money from banks to buy stocks. ...

At the Money: Building A Concentrated Portfolio

08/05/2024 19:05 - Are your expensive active mutual funds and ETFs actually active? Or, as is too often the case, are they only pretending to be active? Do they charge a high active fee but then behave more like an index fund? Andrew Slimmon, Managing Director at Morgan Stanley Investment Management, speaks with Barry Ritholtz about the advantages of concentrated portfolios. If you want to own active funds, then make sure they differ their benchmarks and truly are active.See omnystudio.com/listener for privacy information. ...

Migration to UK has failed to boost economic growth, warns report

08/05/2024 17:05 - According to a new study from the Centre for Policy Studies, migration to the UK is putting pressure on housing, public services and infrastructure. However, other countries take a different stance, with many viewing migration as beneficial for their economies. ...

Bill Hwang, Whose Firm Archegos Collapsed in 2021, Is About to Go on Trial

08/05/2024 16:05 - The hedge fund is accused of borrowing money from banks to buy stocks. ...

TikTok’s Future in U.S. Depends on Bet on First Amendment

08/05/2024 14:05 - The popular video-sharing app faces uncertain odds as it takes its fight to court to turn back a potential ban in the United States. ...

New York Times Adds 210,000 Digital Subscribers in Quarter

08/05/2024 14:05 - Adjusted operating profit was $76.1 million, an increase of about 41 percent from a year earlier. ...


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