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Inflation is still walloping wallets. Just ask America’s diner, Denny’s.

Jennifer DuBois -
Denny's (DENN) just gave investors a lot to chew on.Even as "America's Diner" cheers falling commodity costs, with inflation slowing overall, execs at...
Business

The Ghost of Privacy Past Haunts the Senate’s AI Future

Jennifer DuBois -
In short, the tentacles of US tech firms are everywhere—vaccines, food, cancer research, psilocybin centers, criminal justice reform, homelessness—the list could reach the...
Business

Morgan Stanley Sees at Least 50% Gains in These 2 Stocks — Here’s Why They Could Soar

Jennifer DuBois -
It’s clear now that we saw the market bottom out last October. The S&P 500 is up about 1,000 points, or ~27%, from...
Business

Apple is having an identity crisis that just cost the company $90 billion in market value

Jennifer DuBois -
Hi, it's tech intern Stephen Pastis writing for you today.Apple just achieved a major milestone, garnering 1 billion subscribers in its most profitable...
Business

Russia says JPMorgan stops processing its grain payments

Jennifer DuBois -
By Michelle NicholsUNITED NATIONS (Reuters) - Russia said on Friday that U.S. bank JPMorgan had this week stopped processing payments for the Russian...
Business

‘Bond King’ Bill Gross says he’s ‘out’ of regional bank stocks – and is bearish on 10-year US Treasurys

Jennifer DuBois -
"Bond King" Bill Gross says he's sold his holdings in regional bank stocks after a good run."I'm out of regional banks. It's been...
Business

Icahn Enterprises halves quarterly dividend months after short-selling report, shares plunge

Jennifer DuBois -
NEW YORK (AP) — Months into the fallout from a damning short-selling report, shares for corporate raider and activist investor Carl Icahn's conglomerate...
Business

Petrobras Slashes Contentious Dividends and Buys Back Shares

Jennifer DuBois -
(Bloomberg) -- Petroleo Brasileiro SA slashed politically contentious dividends after profits declined and the Brazilian oil major set a more conservative policy for...
Business

Carl Icahn’s Wealth Falls $2.7 Billion as Dividend Cut Batters Shares

Jennifer DuBois -
(Bloomberg) -- Carl Icahn’s fortune fell $2.7 billion Friday after the activist investor made corporate changes in tacit response to a short seller’s...
Business

Apple’s hardware slowdown overshadows another record quarter for services

Jennifer DuBois -
For the third time this fiscal year Apple has set a record for its growing services business. But the most valuable company on...
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