Nike Announces $2B Cost-Saving Plan, Potential Layoffs
Nike announced $2 Billion cost-cutting plans for developing the right restructuring strategy. It supports the future growth of the business for executing NIKE's developmental plan...
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Warner Bros. Discovery Merger Talks With Paramount Global May Draw at NBCUniversal
If you are a movie buff, then here’s some news you might be interested to read. Warner Bros. Discovery and Paramount Global are in a preliminary discussion about a potential mer...
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China’s Alibaba Names CEO Eddie Wu To Head Its E-commerce Business As Its Growth Falters
China’s Alibaba Group says that its CEO, Eddie Wu, will head the E-commerce business. The reason is the company drives the fast-growing online fend growth. The fast growth of on...
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ZICO Holdings Inc.’s Puzzling Price-to-Sales Discrepancy Raises Alarms Amidst Recent Revenue Growth
In the landscape of Singapore's Professional Services industry, ZICO Holdings Inc. (Catalist:40W) stands out with a price-to-sales (P/S) ratio of 1x, seemingly on par with the ind...
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SenseTime Plunges After Death Of China AI Firm’s Co-Founder
SenseTime Group Inc. plunged more on its move due to the death of its co-founder, grappling with investors to make investments in this company. Its fallout slowed down due to the ...
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Musk’s X Receives Pennsylvania Money License In Push Toward Payment Features
Elon Musk’s social media platform Twitter got the license to add payment features to its site. You should be well aware of this news to have a better idea of its features that c...
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Tycoon Tanoto Offers To Buy Tissue Maker Vinda For Up To $3.3 Billion
Indonesian Tycoon Sukanto Tanoto announced his plans to buy Vinda International Holdings limited shares. That is one of the largest shareholders of this company. You need to know ...
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Big Pharma: Why The Drug Industry Faces A 3-Front Battle With The FTC, Medicare, And The White House
The Federal Commission got a big breakthrough this year due to the crusade of drug company deals. It blocks drug companies' deals to a great extent. On Monday, it ended up with $7...
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JPMorgan Names Amazon, Google As ‘Top Picks’ For 2024 Stocks
This year was also about the Mega caps stocks. Most of the time, it was led by a magnificent seven. Google's share prices rose in the market due to the presence of artificial inte...
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Natural Gas Prices Plummet Amid High US Production, Warmer Weather
Consumers can expect the lower cost of natural gas this winter. It can happen due to the milder-than-expected weather due to its increased supply. The warmer tempts both in Europe...
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