Business
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Warren Buffett Steps Down as Berkshire Hathaway Chairman
The legendary investor, whose son Howard succeeds him as chairman, will remain on the board and become chairman emeritus.
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Malls Were Left for Dead. Now They Are the Top Performer in Commercial Real Estate.
Mall values jumped 13% in a year, more than doubling commercial-property price gains
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Donald Trump calls for Bombardier boycott as Canada hits US with tariffs
President’s post on social media comes hours before Ottawa’s retaliatory trade measures against Washington
Latest Business
‘Mega crisis’: Car giant slashes jobs, cars
A major global car company will cut 100,000 jobs and half its models in a controversial plan necessary for its survival.
Uber and Big Taxi unite in battle against Waymo
Ride-hailing app admits its effort to back workers may appear ‘ironic’ after years of clashes with drivers
Uber to axe 10% of its workforce in biggest cuts since pandemic
Ride-hailing group to eliminate 3,300 jobs as competition rises in food delivery sector and robotaxi race intensifies
How Shein came crashing down
The Chinese e-retailer is listing for a quarter of the $100bn at which it was once valued
'Colossal' theme park project near Paris unveiled as Saudi Arabia's MBS visits France
Mohammed bin Salman's visit to France, which coincided with the first meeting of the French-Saudi Strategic Partnership Council on Monday, August 24, was marked by a series of commercial announcements and diplomatic considerations.
Walmart Keeps Pushing Into Fashion With New Clothing Brand
It is the retailer’s latest attempt to become a fashion destination for more shoppers—and reclaim ground lost to Amazon.
How Trump's tariffs work to redistribute wealth up the food chain
U.S. president's tariffs have transferred billions from working Americans to big corporations and the rich.
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Vance tells audience at private event that Carney tried to 'out-tough' Trump on trade
Also says Canada has 'shifted in Trumpian direction'
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The Los Angeles Lakers’ Record $12.5 Billion Sale Resets The Market For Sports Teams
Less than a year after Mark Walter paid $10 billion for the team, he flipped it like a piece of real estate. But if there is a bubble for pro sports team ownership, it hasn’t shown any signs of popping yet.
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