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US poised to dial back bank rules imposed in wake of 2008 crisis
Market Updates

US poised to dial back bank rules imposed in wake of 2008 crisis

US authorities are preparing to announce one of the biggest cuts in banks’ capital requirements for more than a decade, marking the latest PREMIUM Upgrade to read this Financial Times article and get...

  • May 14, 2025 09:01 PM PDT
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Xiaomi EV Sales Fall After Deadly Crash, False Advertising Claims
Market Updates

Xiaomi EV Sales Fall After Deadly Crash, False Advertising Claims

(Bloomberg) -- Xiaomi Corp. electric vehicle sales in China have taken a hit since March after a fatal highway accident and consumer unhappiness around the marketing of one version of its car. Most Re...

  • May 14, 2025 08:43 PM PDT
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FDA Provides Seven Years of Orphan-Drug Exclusive Approval for Ryoncil®
Market Updates

FDA Provides Seven Years of Orphan-Drug Exclusive Approval for Ryoncil®

Mesoblast Limited NEW YORK, May 14, 2025 (GLOBE NEWSWIRE) -- Mesoblast (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today announced that it has rec...

  • May 14, 2025 07:57 PM PDT
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Starbucks said to start stake sale for China business, Bloomberg News reports
Market Updates

Starbucks said to start stake sale for China business, Bloomberg News reports

(Reuters) -Starbucks has reached out to private equity firms, technology companies and others as it mulls options for its China business, including a possible stake sale, Bloomberg News reported on We...

  • May 14, 2025 07:30 PM PDT
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UnitedHealth Group Is Under Criminal Investigation for Possible Medicare Fraud
Market Updates

UnitedHealth Group Is Under Criminal Investigation for Possible Medicare Fraud

The company’s stock has declined over its financial performance and the sudden replacement of its CEO. Continue Reading View Comments

  • May 14, 2025 04:00 PM PDT
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Cisco Systems Names Mark Patterson as Next CFO
Market Updates

Cisco Systems Names Mark Patterson as Next CFO

Cisco Systems appointed Mark Patterson to its top finance role, effective July 27. Patterson will succeed Scott Herren, who told the networking-equipment company earlier this month that he has decided...

  • May 14, 2025 03:40 PM PDT
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A Game-Changer for QSR: Jollibee Enters Gaming with Octopus&Whale
Market Updates

A Game-Changer for QSR: Jollibee Enters Gaming with Octopus&Whale

MANILLA, Philippines, May 15, 2025 /PRNewswire/ -- Jollibee has just made its boldest move yet — and it all starts with the menu. With the launch of Gamejoy, the beloved fast-food brand steps into the...

  • May 14, 2025 03:30 PM PDT
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Boeing, GE Aerospace Get Qatar Airways Order After Saudi AI Tech Deals
Market Updates

Boeing, GE Aerospace Get Qatar Airways Order After Saudi AI Tech Deals

Boeing and GE Aerospace received a $96 billion order from Qatar Airways as President Trump looks to boost investments in defense and aircraft in the Middle East after reaching artificial intelligence...

  • May 14, 2025 03:23 PM PDT
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Discovery's Citrone says America Movil is his top stock name
Market Updates

Discovery's Citrone says America Movil is his top stock name

NEW YORK (Reuters) - Discovery Capital's founder Rob Citrone said on Wednesday his favorite stock at this moment is Mexico's America Movil due to its exposure to many different countries in Latin Amer...

  • May 14, 2025 03:13 PM PDT
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Don’t Expect a Big Payout From Apple’s $95 Million Settlement
Market Updates

Don’t Expect a Big Payout From Apple’s $95 Million Settlement

Americans with a Siri-enabled Apple device can file a claim for part of a $95 million legal settlement that the phone maker has agreed to pay. The settlement stems from a 2021 lawsuit, Lopez v. Apple,...

  • May 14, 2025 03:04 PM PDT
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