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Categories Business

Novo Nordisk to build $4.1 billion North Carolina facility to boost output of Wegovy, Ozempic

Author June 26, 2024

Novo Nordisk on Monday said it will spend $4.1 billion to build a new manufacturing plant in Clayton, North Carolina, in a bid

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Categories Business

Hooters to close ‘underperforming’ restaurants amid broader industry woes

Author June 26, 2024

Hooters said Monday that it’s closing ‘a select’ number of underperforming restaurants, the latest casual dining chain to announce shutdowns amid broader

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Categories Business

Paramount+ to increase prices for its streaming plans

Author June 25, 2024

Paramount Global is hiking the price of its flagship streaming service as the company looks to turn around its business. The company said Monday

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Categories Business

European Union regulators accuse Apple of breaching the bloc’s tech rules

Author June 25, 2024

European Union regulators on Monday said Apple is in breach of sweeping new tech rules because it does not allow customers of

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Categories Business

Paris seeing signs of strong travel demand ahead of Summer Olympics — but plenty of deals remain

Author June 24, 2024

The 2024 Summer Olympics in Paris are set to see plenty of attendees — but travel data shows there are still opportunities for

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Categories Business

More than half a million portable device chargers sold at Costco recalled after two homes catch fire

Author June 24, 2024

More than half a million portable electronic device chargers sold exclusively at Costco are being recalled after reports they can overheat and

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Categories Business

Pennsylvania Sen. Casey warns Amazon, Target and Walmart over ‘greedflation’ pricing

Author June 24, 2024

Pennsylvania Sen. Bob Casey has sent letters to Amazon, Target and Walmart over concerns that pricing decisions made at the retail giants

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Categories Business

X boss Elon Musk tempers comments about advertisers as he looks to woo them back

Author June 24, 2024

Elon Musk on Wednesday tried to walk back remarks lashing out at advertisers fleeing his X social media platform. At the Cannes Lions

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Categories Business

Rite Aid shutting down 27 more locations, bringing closure total to nearly 550 nationwide

Author June 24, 2024

Rite Aid is closing 27 more locations as it continues to work through a bankruptcy proceeding, according to a new court filing.

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Categories Business

Forever 21 seeks rent concessions as fast-fashion brand faces financial woes

Author June 24, 2024

Forever 21 is asking landlords for a break on rent as the legacy fast-fashion player’s sales decline and it struggles to keep

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