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Los Angeles Times to Cut More Than 10% of Newsroom

June 7, 2023 / no comments

“The restructuring stems from the same persistent economic headwinds facing news media across the country,” the executive editor said in an email to the staff.

Turkey’s Lira Falls to New Low as a New Economic Policy Forms

June 7, 2023 / no comments

The lira plunged 7 percent against the U.S. dollar, as a new finance minister promising “rational” economic policy takes charge

Senators Accuse TikTok of Misleading Congress on U.S. User Data

June 7, 2023 / no comments

Two senators sent a letter to TikTok’s C.E.O. on Tuesday with questions about how user data may be stored and accessed in China following new reports in May.

Amazon Plans Ad Tier for Prime Video Streaming Service

June 7, 2023 / no comments

Amazon is planning to launch an advertising-supported tier of its Prime Video streaming service as it looks to generate more revenue from entertainment.

Wanted: Buyer for 150-Year-Old British Newspaper

June 7, 2023 / no comments

The Daily Telegraph has effectively been put up for sale, signaling the further erosion of the business empire of the Barclay family.

The Fraying Of The Texas Miracle: How The State’s Affordability Edge Is Coming Undone

June 7, 2023 / no comments

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Investors Go Cold on Food Stocks

June 7, 2023 / no comments

As consumers start to feel stretched, price increases pushed through by packaged-food companies like Campbell Soup and J.M. Smucker might not stick.

Bringing VR to the Masses Has Been a Decadeslong Challenge

June 7, 2023 / no comments

Apple’s new mixed-reality headset is the latest attempt to take the technology mainstream.

Volvo Rolls Out All-Electric SUV Aimed at First-Time Buyers

June 7, 2023 / no comments

The company hopes the new SUV can help it address one of the biggest challenges automakers face: To meet ambitious EV goals, they have to offer more affordable cars. 

Stock Clearinghouse to Suspend Data Feed Criticized for Leaking Trading Info

June 7, 2023 / no comments

Asset managers had expressed worries that the data distributed over Investor Kinetics could be used in ways that harmed their customers.

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