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FCC is investigating Disney and ABC for DEI initiatives

The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity, equity and…

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Investing

Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending

Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call,…

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Investing

Trump signs executive order to end collective bargaining at agencies involved with national security

President Donald Trump moved Thursday to end collective bargaining with federal labor unions in agencies with national security missions across the federal government,…

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Investing

Robinhood CEO sees Amazon-like subscription model as path to ‘loyalty’ in financial services

Robinhood CEO Vlad Tenev is betting that by rolling out a large enough portfolio of digital investment products, more consumers will be willing…

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Investing

Chinese tea chain Chagee files for U.S. initial public offering

Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker…

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Investing

Oil executives bluntly criticize Trump tariffs and ‘drill, baby, drill’ mantra

Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already…

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Investing

Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes

Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs….

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Investing

Berkshire Hathaway employee wins $1 million in Warren Buffett’s March Madness bracket challenge

For the first time in nearly 10 years, a Berkshire Hathaway employee claimed Warren Buffett’s $1 million grand prize for his company’s NCAA bracket…

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Investing

Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout

Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants on the…

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Investing

‘Eat now, pay later’? DoorDash-Klarna deal fuels concerns around loans for takeout

DoorDash and Klarna are joining forces to let users pay for meal deliveries with installment loans, calling it “essential to meeting our…

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