Business
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UAE-backed fund to use Trump family’s cryptocurrency to buy $2B stake in Binance: report
Zach Witkoff, a founder of World Liberty Financial, revealed to a crypto conference in Dubai that the firm’s stablecoin, USD1, will be used in deal.
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Shari Redstone asked CBS to ‘delay sensitive stories about Trump’ until Paramount’s Skydance merger closed: source
Redstone had become increasingly concerned over a handful of "60 Minutes" stories that drew criticism from the president and the Federal...
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Aetna, Humana sued by feds over alleged Medicare kickback scheme
The insurers engaged in a vast kickback scheme with insurance brokers eHealth, GoHealth and SelectQuote from 2016 to 2021, the DOJ alleged.
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Mercedes ramps up investment in America in wake of Trump’s aggressive auto tariffs
Trump's 25% levies on automotive imports have rocked the global automotive industry, although this week he offered a reprieve on some elements of...
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Subway shrinks to less than 20K locations for first time in decades
According to data released by the company, Subway ended 2024 with 19,502 US locations -- down a net 631 stores from the previous year.
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Microsoft raises Xbox prices due to tariffs following PlayStation hike
The move comes a few weeks after PlayStation maker Sony raised the prices of its PlayStation 5 console in various markets.
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Apple faces possible criminal charges — judge rules Tim Cook ‘chose poorly’ in alleged defiance of antitrust ruling
“To hide the truth, Vice-President of Finance, Alex Roman, outright lied under oath,” according to US District Court Judge Yvonne Gonzalez Rogers.
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Harley-Davidson yanks full-year forecast over ‘uncertain global tariff situation’
While automakers enjoyed a rush of sales, as customers hurried to buy cars ahead of any tariff-induced price hikes, Harley-Davidson saw consumers...
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Elon Musk says DOGE ‘should definitely’ investigate Federal Reserve after Post reports on $2.5B ‘Palace of Versailles’ HQ
Musk's comments came after The Post exclusively reported the central bank was pushing ahead with the decadent revamp despite mounting losses.
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Kohl's ousts CEO Ashley Buchanan after investigation into some vendor transactions
Kohl's has terminated CEO Ashley Buchanan after an investigation determined that he directed the retailer to engage in vendor transactions that...
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U.S. Chamber of Commerce begs Trump for tariff relief for small businesses
The U.S. Chamber of Commerce pleaded with President Trump on Thursday to grant tariff relief to small businesses that could suffer "irreparable...
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The number of Americans filing for jobless claims jumps but remains at healthy levels
U.S. applications for jobless benefits jumped to their highest level in two months, but layoffs remain in a historically healthy range despite...