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Business News

Location American Business News for 26 April 2022
Japanese Automakers Toyota and Nissan Unveil Metaverse Plans Nissan and Toyota, two of the biggest Japanese automakers, are among the latest major brands and companies to reveal their respective metaverse plans. Nissan has created a digital version of its brand experience gallery,...
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Fisker CEO Deletes Twitter Account On Concerns About Elon Musk's Control Of His Free Speech The electric vehicle executive doesn't want his "free speech to be actively managed or controlled by a competitor."
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China's Xi Pushing to Beat the U.S. in GDP Growth Despite Covid Lockdowns President Xi Jinping has told officials to ensure that the country's economic growth outpaces the U.S.'s this year, according to people familiar with the discussions, even as its economy sags under its worst Covid-19 out...
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Coal stock declines at power plants causing power shortage concerns According to data from the CEA, the 165 operating power plants under its ambit, have 21.55 million tonne of coal stock, 32% of the 66.32 million tonne required stock, as of April 25
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Brownface in Hong Kong TV Show Draws Outrage and Shrugs

The New York Times - 26 Apr 2022 11:13
The TV show "Barrack O'Karma 1968" fueled debate about whether the practice is ever acceptable. Some viewers were outraged. Others simply shrugged.
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Some borrowers could have their student debt wiped out completely, while others may be eligible to qualify sooner.
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Fuel And Ammo Depots Keep Blowing Up In Russia. Ukraine's Ballistic Missiles Might Be Why. Tochka missiles are the safest means for Ukraine to take the fight to the Russians on their side of the border--and potentially the most sustainable.
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Elon Musk Agrees to Buy Twitter

The New York Times - 26 Apr 2022 02:36
Elon Musk Agrees to Buy Twitter The world's richest man succeeded in a bid to acquire the influential social networking service, which he has said he wants to take private.
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Billionaire Elon Musk's $44 billion purchase of Twitter has yet to close, but it's already having impacts on how Twitter does business.
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Inside the Grand Experiment to Expand Prime Beyond Amazon Amazon has spent nearly 30 years encouraging shoppers to buy directly from Amazon.com. Now, however, a new program is "extending its tentacles out to other sites," as one analyst put it, encouraging customer purchases el...
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How Heavy Are Russian Losses, And What Does It Mean For Their Offensive? The Russian invasion force has taken heavy casualties in the last two months. But just how heavy are they, and what does it mean for Putin's plans?
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What to Know About the EU's Latest Big Tech Policing Law Culminating in a 16-hour negotiation, the European Union reached a deal on Saturday on a regulation that will effectively force tech giants like Meta and Google to combat misinformation, illegal content and restrict ads ...
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Airtel Payments Bank partners with IndusInd Bank to offer fixed deposit facility With this partnership, Airtel Payments Bank's savings account customer will get an interest rate of up to 6.5% p.a.
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For NATO pilots trained to fly MiGs, learning to fly the F-35 'is far too much to grasp,' former F-35 test pilot says Transitioning to the "cosmic spaceship" that is the F-35 is too much to ask of MiG pilots, former F-35 test pilot Billie Flynn told The Aviationist.
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These Empty Rooms for 'Rent' Belonged to Mexico's Missing Women The stats are staggering: According to the Mexican Association of Stolen and Disappeared Children (AMNRDAC), on average 10 women disappear every day in Mexico--55% of them minors. Meanwhile, their families must deal with...
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The fast-food restaurant chain said its comparable-restaurant sales were up 9% year over year and that it opened 51 new restaurants.
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Cruise Line Carnival Replacing CEO Arnold Donald

Wall Street Journal - 26 Apr 2022 20:00
Cruise Line Carnival Replacing CEO Arnold Donald The cruise operator said its current operating chief, Josh Weinstein, will take on the role of chief executive effective Aug. 1, when Mr. Donald will become vice chair.
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Regulatory Clarity, More Transactional Use Could Boost Stablecoin Adoption - Crypto Summit Panel The USD 80bn-heavy stablecoin industry requires more regulatory clarity and harmonization across jurisdictions, but the coins' increased use for transactions is the ultimate factor that will boost adoption across the wor...
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Pepsi reported a $193 million impairment charge, after taxes, as it tries to discontinue or reposition some of its juice and dairy brands in Russia.
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The Rise of the Chief Project Officer

Harvard Business Review - 26 Apr 2022 16:25
Thirty years ago, 80% of the resources in an organization were dedicated to operations, and 20% to projects; today, that ratio has flipped.
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Gold futures gain ground Tuesday, edging higher a day after finishing at its lowest since late February as a flight to quality left the yellow metal behind.
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How Oil And Gas Is Being Affected By Climate Change - Response To A Presentation In Mid-America. The subject is a dilemma because the oil and gas industry has lifted whole populations to a higher quality of living while also raising greenhouse gases to a controversial level.
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