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Business News

Location American Business News for 8 November 2023
Bitcoin 'short squeeze' sends BTC price to $35.9K as OI stays elevated More than $15 billion in Bitcoin open interest reaches a predictable conclusion as shorts get squeezed and BTC price action targets $36,000.
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Trump Blames McConnell's 'Stench' After Trump-Endorsed Kentucky Candidate Loses Former President Donald Trump lashed out against Senate Minority Leader Mitch McConnell (R-Ky.) on Wednesday, blaming the GOP stalwart for Trump-endorsed candidate Daniel Cameron's loss in the hotly contested Kentucky gu...
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Meta Bans Political Ads From Using Its Generative AI--And Requires Disclosures For Other Fake Images One Meta executive previously said that the use of generative AI in political advertising was "clearly an area where we need to update our rules."
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Convicted Sam Bankman-Fried's Legal Battles Rage On Amidst SEC, CFTC Charges, and Class Action Fury Sam Bankman-Fried was convicted on all charges in the Department of Justice's fraud case against the ex-FTX chief, but his legal woes are far from over. He is also under pressure from the U.S. Securities and Exchange Com...
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The 17.61 carat, pear-shaped "Blue Royal" diamond, set in a ring, fetched $43.8 million, reports said
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Trulieve, Verano, Green Thumb Industries and Cresco Labs all posted solid gains.
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The company said it's seeing softness in its wholesale future-orders book.
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Las Vegas Unions Report Tentative Accord With Caesars as Strike Looms The agreement was announced two days before a strike deadline set by the culinary workers union. The walkout threat still hangs over other resorts.
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A report showed the City firm played a "significant role" in enabling the transatlantic slave trade.
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Jeff Zucker says his company would consider buying CNN: 'Fantastic asset' "Some day if it were available, like any other great asset, we would look at it," Zucker, who spent nearly a decade at CNN after rising the corporate ranks at NBC, said.
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It's never been this easy to build a $1 billion AI company Startups such as Kai-Fu Lee's 01.AI and Mistral AI have soared to valuations of more than $1 billion by choosing open-source AI models.
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Ivanka is the latest Trump to testify as part of James' case accusing Trump Sr., his adult sons and others of fraudulently inflating asset values.
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Target's Education Assistance Program Is Great Engagement For Associates Target launched its "Dream to Be" education program to great success.
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Financial Giant Fidelity Addresses 9 Common Bitcoin Criticisms and Misconceptions Financial services giant Fidelity has addressed nine common Bitcoin criticisms and misconceptions, emphasizing that some of them are “either unfounded or unlikely to be a serious concern.” They include volatility, su...
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Commercial space-flight operator Virgin Galactic Holdings Inc. on Tuesday said it would cut staff in an effort to focus on developing its new class of Delta spacecraft that are expected to cost less and bring more profit...
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Pressure on family budgets could mean a late rush for Christmas gifts - but toy shops are back in favour.
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Amazon Business isn't just Amazon repackaged. Learn what sets it apart and if it's the right platform for your business needs.
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Goldman Moves to Offload GM Credit Card

Wall Street Journal - 8 Nov 2023 00:44
Bank informed employees Tuesday of a process to find a new issuer as it retreats from consumer lending
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Detroit Synagogue Leader Samantha Woll Killing Suspect Arrested The suspect in Detroit synagogue president Samantha Woll's murder last month has been arrested, and police reportedly believe the suspect was motivated by a domestic dispute.
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FreshDirect sold to delivery food rival Getir

New York Post - 8 Nov 2023 23:56
FreshDirect sold to delivery food rival Getir FreshDirect was scooped up by rival Getir as the industry continues to consolidate following its pandemic boom, the companies announced.
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Election results in key states signaled voters' support for reproductive rights and shifted more power to Democrats in three conservative states.
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Rocket Lab's launch business saw $21.3 million in revenue in the third quarter, with a mid-September mission failure halting the company's momentum.
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