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Business News

Location American Business News for 10 August 2026
American Airlines cuts flight to Mexico due to low demand The airline is running its last flight to the city on December 1.
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UK's biggest water company risks fresh storm over £1m payment to finance chief Thames Water risks igniting a fresh storm over boardroom pay after handing a £1m signing-on fee to its finance chief even as it teeters on the brink of collapse.
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Jamie Dimon says the dollar could lose reserve-currency status if the US loses its economic and military edge The dollar is the world's dominant reserve currency, accounting for about 57% of global foreign-exchange reserves.
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Germany Mulls Bitcoin Critic Nagels Bid for ECB Presidency Conversations in Berlin are taking place to decide whether Germany will support Joachim Nagel, the current president of the Bundesbank, in a potential bid for the Presidency of the ECB. Nagel, who would emerge as a dark ...
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U.S. stock futures flat as investors await inflation data, grapple with more Iran uncertainty U.S. stock-index futures were little changed on Sunday, after new demands from Iran raised fresh doubts about the Strait of Hormuz reopening anytime soon and as investors await key inflation data later this week.
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The U.S. economy is shedding jobs. Heres why thats good news for stocks. A weaker labor market may mean the Federal Reserve can cut interest rates amid benign wage inflation, says 22V.
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Barrick Mining Settles Newmont Nevada Dispute for $1.95 Billion

Wall Street Journal - 10 Aug 2026 13:29
Barrick Mining Settles Newmont Nevada Dispute for $1.95 Billion Barrick Mining has settled a long-standing dispute with rival Newmont over their Nevada operations, securing a $1.95 billion cash payout and paving the way for Barrick to publicly list its North American gold assets.
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Celsius rallies as billionaire investor demands leadership change Celsius stock rebounded after Rockstar founder Russ Savage revealed a $300 million stake and demanded new leadership. Here is what the fight means.
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From Balenciagas trash bag to Lamborghini strollers, weird is the new luxury flex Strange, highly expensive and often difficult to justify on conventional luxury grounds, wealthy shoppers are splurging on limited-edition products that are hard to source.
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Apples stock could underperform, especially without an all-glass iPhone, this analyst warns A Jefferies analyst says that it may be harder than it looks for Apple to roll out dramatically more expensive devices in a bid to boost profitability.
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Intel plans to sell $15 billion worth of stock after it has risen 400% in a year The company said it sees growth opportunities in physical AI, custom chips and advanced packaging.
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When Food Scares Serve Up Healthy Profits

Wall Street Journal - 10 Aug 2026 10:20
When Food Scares Serve Up Healthy Profits Plus, Warren Buffetts buying again
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The U.S. Helped Make Europe. Can It Break It?

The New Yorker - 10 Aug 2026 10:00
Cold War policymakers pushed for a unified Continent. Their MAGA successors are trying to undo all that.
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Tech companies are not modelling their own claims of the technology giving people more free time.
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Esper Warns Senate to Pass CLARITY Act for National Security Mark Esper, former U.S. Secretary of Defense, stresses the CLARITY Act would extend Patriot Act provisions to digital assets, modernizing the identification and special measures apparatus against foreign institutions to ...
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CLARITY Act Leaves 5 Loopholes, From Pensions to Trumps $1.4B Crypto Senate Banking Committee minority staff say the Digital Asset Market Clarity Act fails five minimum standards, potentially leaving pensions exposed and failing to stop President Trumps next $1.4 billion in crypto profits...
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Arthur Hayes Warns Bitcoin May Fall to $50,000 Before $1 Million Arthur Hayes argues the artificial intelligence buildout is a leveraged real estate bubble that he says will end in a government bailout larger than 2008. He expects the resulting liquidity creation to carry bitcoin past...
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Popular fitness chain operator files Chapter 11 bankruptcy Fitness studio chain franchisee suffers from financial challenges.
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'I started in my 20s and made £8,000': Why women are often better investors than men Women can make higher returns but only about a quarter of UK women have investments, compared with about 40% of men.
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Dutch Gambling Operators Race for Licenses as Deadline Nears The Dutch gambling authority (Kansspelautoriteit) has granted new five-year online licenses to five of the eight operators that opened the regulated market in 2021, with the current permits expiring Sept. 30. Betcity, be...
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Walmart's bestselling $200 Android tablet with AI features is now 51% off The Blackview Android 16 Tablet is on sale for 51% off at Walmart thanks to a Flash deal. With a large screen and AI features, it's easy to use.
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Trump Media Reports More Than 10 Sign-Ups to Real-Time Truth Social Feed Early customers to the product are primarily high-frequency trading firms.
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