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Business News

Location American Business News for 9 February 2024
'Deadly serious': Australian regulators criticise PwC refusal to hand over report into tax leaks Consultancy's global executive says report suggests there's no evidence confidential information was used for commercial gain Get our morning and afternoon news emails, free app or daily news podcast PwC has faced furiou...
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Spirit posted an annual net loss of $447 million but CEO Ted Christie says the airline is focused on profitability despite the JetBlue merger delay.
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How Sri Lanka produces 90% of the world's pure cinnamon

Business Insider - 9 Feb 2024 19:51
We visited one of Sri Lanka's largest Ceylon cinnamon producers to learn what it takes to harvest one of the world's most valuable spices.
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Lenders weigh sports marketing as Rocket, UWM skip Super Bowl Only a few dozen mortgage firms could likely afford the $7 million ad for this year's big game, a marketing veteran said.
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Vibe Check: Momentum Building: CoinDesk Indices' Todd Groth Periodic observations and market musings from Todd Groth, Head of Research, CoinDesk Indices.
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The Super Bowl is still definitely happening at 6:30 ET — and we're still writing these stories? What time is the Super Bowl? Either you already know or don't care. But publishers are still doing their best to get your SEO-fueled clicks.
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Bitcoin's Hashrate Hits Record 609 EH/s, Powering Through to New Peaks Amid Price Surge Bitcoin’s computational power soared to unprecedented heights this week, climbing to 609 exahash per second (EH/s) on Thursday, as per the seven-day simple moving average (SMA). Over the last year, figures reveal a sta...
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Regional-bank bondholders seem unworried by New York Community Bank's problems While regional-bank stocks continue to be dragged down by the troubles assailing New York Community Bank, their bonds are holding up, suggesting bondholders view NYCB's issues as isolated.
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Bitcoin Price Punches Above $48,000 Amid Strong ETF Inflows, Bullish Seasonality, Fading Miner Sell Pressure, US Equity Upside Bitcoin Price Punches Above $48,000 / Source: Dalle-3 The Bitcoin price topped $48,000 briefly on Friday for the first time since the first day following spot Bitcoin ETF launches on the 11th of January, and was last up ...
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Rolling Stone's Top Editor Steps Down

The New York Times - 9 Feb 2024 19:53
Rolling Stone's Top Editor Steps Down Noah Shachtman, the magazine's editor in chief since 2021, is resigning because of editorial differences with the chief executive, Gus Wenner.
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China's consumers are buying more luxury clothes even as the economy struggles China's broader economy may be struggling, but that doesn't seem to be stopping consumers there from splurging on more luxury clothes.
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Webinar Opt In Page Design Tips: 14 Must Haves

Small Business Trends - 9 Feb 2024 15:52
Webinar Opt In Page Design Tips: 14 Must Haves An opt-in page for your upcoming webinar may be your one-and-only chance to get guests to commit to your event. Here are tips on creating an effective opt-in page and the benefits of having one.
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The stock market right now resembles the Y2K surge -- and that didn't end well Even without a recession the Y2K bubble shows us that returns on stocks from now on will be meager for this cycle
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A Georgia-based millennial earns over $250,000 a year secretly working two remote jobs. He said he'd love to have a third gig.
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Can Dividend Investing Rise From the Dead?

Wall Street Journal - 9 Feb 2024 12:00
The once-blockbuster strategy of picking big payers has been battered by growth-focused tech titans, but the right approach could bring it back.
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Getaround will lay off 30% of its workforce to further reduce costs Car-sharing company Getaround Inc. will lay off roughly one-third of its workforce in an effort to reduce costs.
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Citizens Financial hires two former JPMorgan execs to lead private bank The Providence, Rhode Island, company has recruited a head of wealth management advisors and a head of private wealth managers as part of a new strategy to reel in high-net worth clients.
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Arm's stock surge burns short sellers, to the tune of $445 million in paper losses Arm's stock easily had its best day on record Thursday, and its 48% daily surge scorched short sellers in the process.
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Crypto Enthusiasts and Investors Turn Their Attention to Rebel Satoshi Presale: What's Driving the Interest? TLDR Rebel Satoshi ($RBLZ) is a brand-new memecoin project in the cryptocurrency space that is challenging paradigms and bringing a genuine financial decentralization philosophy to its vibrant community. The cornerstone ...
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'They're threatening to go to a lawyer': My in-laws gave us $300,000 and are on the deed to our home. Now they insist we give our niece $125,000. "I am currently paying the mortgage."
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Following a Slump in Demand, Fewer Electric Vehicle Ads Will Run During Super Bowl 58 The first electric vehicle ad to air during the Super Bowl was in 2019, when Audi ran its "Cashew" ad teasing a "thrilling future" in which the brand turns a third of its fleet electric by 2025. By Super Bowl 2022, the n...
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The move allows Vercel users to integrate Perplexity LLMs into the applications they plan to develop on the platform.
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