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Investing

UPS shares tank 15% after weak guidance, plan to slash Amazon deliveries by more than half

Shares of United Parcel Service plunged more than 15% Thursday after the company issued weak revenue guidance for the year and said it planned…

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Investing

Sports bar chain Twin Peaks is going public. These restaurant companies are the next to watch.

Sports bar chain Twin Peaks starts trading Thursday on the Nasdaq using the ticker “TWNP,” making it the first restaurant initial public…

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Investing

Super Bowl ads beckon up to $8 million apiece for Fox

Fox Corp. is scoring big this Super Bowl. The broadcaster has sold out of ad spots for Super Bowl 59 on Feb. 9,…

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Investing

Starbucks announces several changes, including plans to cut some menu items

Starbucks announced several changes, including its plan to cut some items from the food and drink menu. ‘We’ve taken steps to refocus…

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Investing

White House freeze on federal aid won’t affect student loans, Education Department says

The Department of Education said Tuesday that the pause on federal grants and loans will not affect student loans or financial aid for college. The…

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Investing

Over 3 million on Social Security may wait more than a year for higher payments

More than 3.2 million people will see increased Social Security benefits, under a new law. However, individuals who are affected may have to wait more…

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Investing

Restaurants are rebounding — but Starbucks and McDonald’s still have work to do

Starbucks is expected to report its quarterly earnings on Tuesday, kicking off several weeks of reports from restaurant companies as investors anticipate improving demand for…

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Investing

Frontier Airlines proposes merging with fellow budget carrier Spirit — again

Frontier Airlines said Wednesday it has again proposed merging with struggling rival Spirit Airlines, which is in bankruptcy. Frontier and Spirit first announced a deal…

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Investing

Tesla investors want Elon Musk to answer questions about ‘salute,’ role in Trump White House

Tesla’s fourth-quarter earnings report lands just over a week after President Donald Trump began his second term in the White House, with Elon Musk right by his…

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Investing

Starbucks shakes up its leadership again, adding two former Taco Bell executives

Starbucks announced another stage in its leadership shake-up on Tuesday, as CEO Brian Niccol will bring in two more executives who spent time at his…

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