Category: Business

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Denny’s Acquired by Investor Group for $620M

1 month ago

Denny’s Acquired by Investor Group for $620M In a major deal within the restaurant industry, diner chain Denny’s has been acquired by an investor group for a whopping $620 million. The agreement, which is an all-cash deal, will see Denny’s and its sister brand taken private by the investor group. This acquisition marks a significant […]

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Leaders Huddle at IMF as Icy Economic Winds Blow

1 month ago

IMF Intervenes with Conditionalities Before providing new loans at higher interest rates, future leaders asked the IMF to intervene with the guarantee of ulterior reimbursement. The IMF agreed to restart the flow of finance pump on condition that the concerned countries first use the money to reimburse banks and other private lenders while restructuring their […]

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Tech Stocks Drive Mixed Performance in US Stock Market

1 month ago

Overview The US stock market saw a mixed performance today, with the Nasdaq and S&P 500 rising while the Dow Jones fell. Tech stocks played a significant role in driving the market movements, with companies like Apple, Nvidia, and Tesla making notable gains or losses. Nasdaq and S&P 500 Rise The Nasdaq rose by 0.46% […]

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Key Findings of the Report on Plastics Recycling Challenges

1 month ago

Plastics Recycling Facing Challenges Plastics recycling has been a hot topic in recent years, with companies setting ambitious targets to reduce virgin resin use and increase the incorporation of recycled materials into their packaging. However, a recent report has highlighted some key findings that suggest the industry is facing challenges in meeting these goals. One […]

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NetEase Studio Closure: The Impact of Foreign Investment Pullback

1 month ago

NetEase Studio Closure: The Impact of Foreign Investment Pullback In recent news, another NetEase studio has announced its closure just two years after its founding. This closure comes as part of a larger trend of foreign investment pullback impacting the gaming industry. The studio, funded by NetEase, was formed in 2023 with high hopes and […]

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Elon Musk Becomes First Person to Reach $500 Billion Net Worth

1 month ago

Elon Musk Makes History with $500 Billion Net Worth Elon Musk, the founder and CEO of Tesla and SpaceX, has achieved a significant milestone by becoming the first person in history to reach a net worth of $500 billion. This accomplishment solidifies his position as the richest individual ever recorded, surpassing all previous wealth records. […]

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Retail Investors Bullish Ahead of Q3 Report Amid Stock Drop

1 month ago

Retail Investors Show Strong Confidence Ahead of Q3 Earnings Report Despite a sharp stock drop last week, retail investors are turning extremely bullish ahead of the Q3 earnings report. The recent 15.5% slide in stock prices has not deterred retail sentiment, with many investors expressing confidence in the company’s financial performance. Analysts have lauded the […]

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Stock Market News Roundup for Nov 3, 2025

1 month ago

Stock Market News Roundup for Nov 3, 2025 As the stock market opened on November 3, 2025, investors were greeted with a mix of positive and negative news affecting various sectors. Here is a summary of the key events: 1. New Gold shares surge on mining company merger New Gold shares were trading more than […]

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NetEase Studio Closure: Fifth Western Studio Shuts Down After Two Years

1 month ago

NetEase Studio Closure: Fifth Western Studio Shuts Down After Two Years NetEase, the Chinese tech giant, is facing another studio closure as one of its Western studios is shutting down after just two years of operation. This marks the fifth studio closure for NetEase in recent years, raising questions about the company’s strategy and the […]

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Analyst Predicts 14% Upside For Stock Ahead Of Q3 Earnings Report

1 month ago

Bullish Analyst Raises Price Target for Stock Analyst Daniel Ives recently released a note predicting a 14% upside for stock ahead of the Q3 earnings report. He cited positive expectations for the company’s performance and increased his price target to $230. Expectations for Q3 Earnings Many analysts believe that the upcoming Q3 earnings report could […]

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The Rise of Centibillionaires: A Look at the Wealthiest Individuals in the World

1 month ago

The Rise of Centibillionaires Centibillionaires, individuals whose net worth exceeds 100 billion units of a given currency, have been making headlines in recent years. The world’s wealthiest documented individuals, such as Jeff Bezos and Elon Musk, have redefined modern wealth with their staggering fortunes. Jeff Bezos: The First Centibillionaire In 2018, Amazon founder Jeff Bezos […]

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The AI Shift: Why Businesses Can’t Ignore This Paradigm Shift

1 month ago

The AI Shift: Why Businesses Can’t Ignore This Paradigm Shift Artificial Intelligence (AI) is no longer just a buzzword in the business world – it has become a transformative force that companies can’t afford to ignore. From agentic AI to AI-driven consumer tech, the shift towards incorporating AI into business strategies is undeniable. One of […]

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‘Shadow Banking’ Risks Another Financial Apocalypse

1 month ago

Introduction The recent warnings from financial regulators about the risks posed by ‘shadow banking’ have raised concerns about a potential repeat of the 2008 financial crisis. The term ‘shadow banking’ refers to the private credit market where non-regulated entities lend money to businesses, operating outside the traditional banking sector. History Repeating Itself? Just like the […]

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Navigating Legal Risks of Generative AI in the Business World

1 month ago

The Rise of Generative AI in Business Generative AI, a cutting-edge technology that produces content based on user input, is increasingly being adopted by businesses across various industries. However, along with its numerous benefits, Generative AI also brings about significant legal risks that companies need to navigate effectively. Understanding the Legal Risks One of the […]

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