BUSINESS
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Target pulls back on Pride Day merchandise
After seeing its stores invaded by aggressive protestors who threatened employees over LGBTQ-themed products last year, Target is making some…
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BYD plots to overtake Tesla in Europe by 2030
European automakers will increasingly play third wheel in the continent’s electric car market, as China’s BYD races for dominance with…
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Jeff Bezos gave Adam Neumann leadership advice: Speak last in meetings
WeWork’s Adam Neumann is renowned for his outlandish leadership style. Before being ousted five years ago from the coworking company…
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Softbank shrinks US Vision Fund assets by $29B in pivot to AI, chips
SoftBank Group Corp.’s flagship Vision Fund has quietly sold off or written down billions of dollars’ worth of its publicly-listed…
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Apple iPad ‘Crush!’ advert: Marketing VP Tor Myhren issues apology
Apple has been behind some of the most iconic adverts to hit screens over the past couple of decades—but its…
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Biden administration expected to impose sweeping tariffs on China strategic sectors
President Joe Biden’s administration is poised to unveil a sweeping decision on China tariffs as soon as next week, one…
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Pennsylvania will ban cell phone use while driving after almost 20 years of trying
Pennsylvania will join the majority of states that ban motorists from handling a cell phone for almost any purpose while…
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Stocks Rise on Outlook for Rate Cuts, Earnings: Markets Wrap
(Bloomberg) — European stock futures and Asian shares gained after the latest jobs data supported the case for US interest-rate…
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TSMC Keeps Sales Growth Up in April as AI Drives 60% Jump
(Bloomberg) — Taiwan Semiconductor Manufacturing Co. saw April sales jump 60% to NT$236 billion ($7.3 billion) as sustained artificial intelligence…
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Chinese Stocks’ Discount Over Hong Kong Peers May Be Fading Fast
(Bloomberg) — The trading discount that Chinese companies listed in Hong Kong offer compared to their mainland peers has fallen…
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