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Elon Musk Proposes ‘Cage Match’ With Mark Zuckerberg

June 22, 2023 / no comments

The technology moguls who run Twitter and Meta appeared to agree to a fight, the latest twist in a long-running feud.

Home Builders Learn to Love High Rates

June 22, 2023 / no comments

The low supply of available homes is giving builders ample reason to step up construction, despite high interest rates.

Ford Venture Gets Record $9.2 Billion Government Loan for EV Batteries

June 22, 2023 / no comments

The commitment for three plants in the South’s battery belt is the largest in the history of the DOE Loan Programs Office.

Powell Says Interest Rates Likely to Rise Further

June 22, 2023 / no comments

Federal Reserve Chair Jerome Powell said the central bank didn’t raise interest rates last week, as it wanted to slow down its historically rapid pace of increases, but stressed it would likely lift rates again in coming months.

Congress Spotlights Forced Labor Concerns With Chinese Shopping Sites Shein and Temu

June 22, 2023 / no comments

A congressional investigation into Temu and Shein offered new insight into services that are delivering a deluge of cheap and little-regulated products.

Time to Get the Check at Olive Garden Parent

June 22, 2023 / no comments

Darden Restaurants has stood out above peers since the pandemic hit, but now its valuation does too.

Ford’s Battery Joint Venture to Get $9.2 Billion Government Loan

June 22, 2023 / no comments

The money will help finance three plants the automaker and its partner, SK On, are building in Kentucky and Tennessee.

Fortress Investment Group Set to Acquire Vice Out of Bankruptcy

June 22, 2023 / no comments

The company was part of a group of bidders that offered $225 million to acquire the bankrupt media company.

NRG Energy Promises Greater Investor Returns

June 22, 2023 / no comments

The company under CEO Mauricio Gutierrez is taking action to win over shareholders as it faces pressure from activist investor Elliott Investment Management.

The F.T.C.’s Lina Khan Finally Begins to Take on Amazon

June 22, 2023 / no comments

The F.T.C. chair shot to fame six years ago after publishing an academic article that the company needed to be contained. Legal experts wonder if that time has come.

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