Business
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The End of Airbnb in New York
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◆ WSJ NEWS EXCLUSIVE: Elon Musk Borrowed $1 Billion From SpaceX in Same Month of Twitter Acquisition
Rocket maker has lent the executive money on several occasions over the past few years
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Spotify’s $1 Billion Podcast Bet Turns Into Serial Drama
The prospect of podcast riches led to aggressive investments in celebrity deals and original programming for what appeared a sky’s-the-limit media frontier.
By Editors Desk -
Hollywood strikes costing California economy billions – FT
The halt in production has created a knock-on effect for companies that support the movie industry
By Editors Desk
Latest Business
New phone sparks worry China has found a way around U.S. tech limits
Huawei, which has been under U.S. sanctions for years, released the phone pointedly during Gina Raimondo’s visit to Beijing.
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Twitter allows US political candidates and parties to advertise in policy switch
Announcement by the Elon Musk-owned social media platform has experts concerned over misinformation ahead of 2024 election
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Manufacturers Leaving China Find a Home With Indian Startups India is looking to build up its factory base, and venture-capital investors are noticing.
India is looking to build up its factory base, and venture-capital investors are noticing.
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OnlyFans: Who is Leonid Radvinsky, the elusive owner of a porn empire?
OnlyFans' profits have skyrocketed in the past year and news that its owner earned more than $300m (£238m) in dividends has ignited fresh questions about the pornography mogul.
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’Pleading for money’: Chinese economy in trouble as Xi Jinping’s leadership falters
Retail sales are down, exports are slipping and local governments are pleading for cash. China is in trouble – but will it drag us down with it?
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The Staggering Economic Impact of Taylor Swift’s Eras Tour
The reasons behind the Eras Tour's unmatched success are many.
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Macy’s To Roll Out Small-Format US Stores in Northeast, West
Retailer Unveils Locations for Expansion of Pint-Sized Sites
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Airbnb Hosts and Guests Scramble as New York Begins Crackdown
New short-term rental regulations could eliminate huge blocks of listings for visitors looking for options beyond hotels
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America’s Fight Over Tipping at Restaurants Comes to Its Biggest Battleground Yet
Chicago restaurants say they will have to boost prices and cut staff if a “sub-minimum wage” proposal becomes law.
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Goldman’s C.E.O. Is Stuck, Without a Clear Lifeline
David Solomon’s management style is winning few fans amid the elite investment bank’s performance woes. He is mired in “quicksand” and unsure what to do.
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Judge Sends FTX’s Sam Bankman-Fried to Jail Ahead of Fraud Trial
Bankman-Fried handed personal effects to his lawyers before U.S. Marshals handcuffed him.
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‘May not survive’: WFH company’s 97% crash
WeWork, the struggling rent-a-desk company, has admitted it likely won’t survive the year amid a sensational 97% crash in its share price.
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A Disney Sale to Apple? Don’t Count It Out This Time
Facing the staggering problems afflicting all legacy studios, is Bob Iger contemplating a once-unthinkable option? The signals he sent in Sun Valley suggest that it could happen.
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Yellow files for bankruptcy after shutting down
The filing comes more than a week after the trucking company halted operations
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