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Delta CEO Says CrowdStrike Tech Outage Cost It $500 Million
The airline canceled thousands of flights over several days in July
By Alison Sider -
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Google Talks to Acquire Cybersecurity Startup Wiz Fall Apart
The search giant was in talks to acquire Wiz for $23 billion
By Editors Desk
Latest Business
Alexa Is in Millions of Households—and Amazon Is Losing Billions
The company’s strategy to set prices low for Echo speakers and other smart devices hasn’t paid off.
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Meta in Talks to Buy Stake in Eyewear Giant EssilorLuxottica
The Facebook owner already has a partnership with the European company to make its Ray-Ban smart glasses
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Musk says he will move SpaceX and X to Texas after California passes gender-identity law
Billionaire Elon Musk said on Tuesday he's moving the headquarters of SpaceX and social media company X from California to Texas. He referred to the new law signed by California Governor Gavin Newsom on Monday, which prevents school districts from requiring staff to inform parents about their child's gender identification change, as the "final straw".
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Boeing will plead guilty to criminal fraud over 737 Max crashes, justice department says
The deal, which still requires the approval of a federal judge, will see the company pay a fine of almost $250m and invest at least $455m in improving safety
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Walgreens Plans Major U.S. Store Closures
Shares plummeted 25% as the pharmacy chain also lowered its guidance for the year.5 min read
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Shari Redstone ends talks with Skydance Media over deal to control Paramount
Decision to halt chaotic sale process has left future of storied Hollywood group hanging in the balance
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Dr Pepper Ties Pepsi as America’s No. 2 Soda
After decades as a distant contender, Dr Pepper has climbed the ranks with help from hefty marketing, novel flavors and TikTok videos.
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Vivek Ramaswamy Calls for New Board Members and Cuts at BuzzFeed in Letter to Jonah Peretti
Peretti disagreed with Ramaswamy's assessment of the company, but offered to meet with the activist in an email response.
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Davos boss quits – media
Klaus Schwab, the founder of World Economic Forum, will reportedly transition to role of non-executive chairman
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Dimon says JPMorgan will pick a new CEO within five years
One of Wall Street’s longest-serving leaders says search for his successor is under way
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