Politics
Wall Street CEOs say proposed banking rules will hurt small businesses, low-income Americans
Wall Street CEOs on Wednesday pushed back against proposed regulations aimed at raising the levels of capital they’ll need to hold against...
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McDonald’s aims to open nearly 9,000 restaurants, add 100 million loyalty members by 2027
McDonald’s wants to open more than 8,800 locations and add 100 million members to its loyalty program by 2027. The targets...
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Swiss bank will pay $122.9 million after helping U.S. citizens hide billions in assets
A private Swiss bank will pay $122.9 million in back taxes and penalties after admitting it helped clients hide assets...
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Outcome of Hollywood actors’ contract vote could be close amid criticism over parts of deal
A new three-year labor deal between Hollywood’s actors and its film and TV studios could be made official within days,...
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Alaska Airlines to buy Hawaiian Airlines in $1.9 billion deal
Alaska Airlines has agreed to acquire its rival Hawaiian Airlines in a deal valued at about $1.9 billion, as the companies make a...
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Pending home sales drop to a record low, even worse than during the financial crisis
Pending home sales, a measure of signed contracts on existing homes, dropped 1.5% in October from September. They hit the...
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Cut from projects, dropped by agents: How the Israel-Hamas war is dividing Hollywood
The entertainment industry is grappling with how to talk about the war between Israel and Hamas nearly two months after...
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Fed Chair Powell calls talk of cutting rates ‘premature’ and says more hikes could happen
Federal Reserve Chairman Jerome Powell on Friday pushed back on market expectations for aggressive interest rate cuts ahead, calling it too early...
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Red Lobster says unlimited shrimp promotion was too popular and too cheap
Red Lobster’s parent company, Thai Union Group, disclosed earlier this month that the seafood chain took an unexpectedly large loss...
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Thousands of autoworkers at Toyota, Honda and others move to unionize after UAW victory over the Big Three
The United Auto Workers union said Wednesday it is trying to unionize employees at 13 companies that build cars in...
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