Business
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US consumer spending expected to shrink for the first time since the start of the pandemic: survey
More than half of the respondents to Bloomberg's latest Markets Live Plus survey said personal consumption in the US will turn negative come the...
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Jelly giant Smucker’s to buy Twinkie maker Hostess in $5.6 billion deal
JM Smucker announced on Monday that it will acquire Hostess Brands in a $5.6 billion stock and cash transaction set to close by April 2024.
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Nike bails on reopening Portland store due to rampant theft
Nike confirmed Thursday it won't try to reopen a long-closed location in Portland, Oregon, because the store has been plagued by repeated thefts.
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Afghanistan is the fastest-growing maker of methamphetamine, UN drug agency says
Afghanistan is the world's fastest-growing maker of methamphetamine, a report from the United Nations drug agency said Sunday. The country is also...
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G20 leaders pay respects at Gandhi memorial as they wrap up Indian summit and hand over to Brazil
G20 leaders paid their respects to Indian independence leader Mahatma Gandhi as their summit came to a close Sunday, a day after the group added a...
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Cantor Fitzgerald, which lost 658 employees at Ground Zero, donates revenues earned every Sept. 11 to charity
Cantor Fitzgerald, the financial services firm that lost 658 employees in the Sept. 11 attacks, is donating all its global revenues from trading...
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Marc Jacobs in talks to open new flagship store at 645 Fifth Ave as Midtown continues comeback
The luxury brand recently closed its Madison Avenue store at 655 Madison Ave., where a sign says only that it would soon relocate to Fifth Avenue.
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Citadel presses pause on Manhattan expansion despite hiring spree
Citadel’s quest for 400,000 square feet of additional Manhattan space at 280 Park Avenue has hit the “pause” button. Crain’s reported in June that...
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What’s happening with the ‘Goldilocks economy’ — and what it means for your stock portfolio
Why have the bears returned so quickly? It’s partly a question of market psychology. Let me explain.
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Job interview ‘coffee cup test’ used by corporate executive sparks debate
Business podcast interview exploring how one boss disqualifies job candidates with coffee cups sparks social media debate
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Los Angeles City Council saves Marilyn Monroe's historic home from demolition in unanimous vote
Marilyn Monroe's home will be spared the wrecking ball after the Los Angeles City Council voted 12-0 Friday to begin the process of declaring the...
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Bud Light sales still down 30% six months after Dylan Mulvaney disaster, drinkers ‘lost forever’: expert
"This is quasi-permanent, meaning those consumers are just lost forever," Beer Business Daily publisher Harry Schuhmacher said.