Articles filed under Bloomberg
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Big banks bet Trump will make the best of times even betterNov 22, 2024 2:01 pm - You wouldn’t have known JPMorgan Chase & Co. had just reported its best quarter by the way Jamie Dimon talked about his competition in July 2023. “They’re dancing in the streets,” the chief executive officer said, referring to hedge funds and private equity firms that were piling into the lending business as banks like his faced higher capital requirements.
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As America votes, these big energy projects hang in the balanceOct 31, 2024 8:53 am - The outcome of next week’s US presidential election is poised to have profound implications for a handful of multi-billion-dollar energy projects.
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McDonald’s to restore Quarter Pounders after E. coli scareOct 28, 2024 11:10 am - McDonald’s Corp. says Quarter Pounders will return to menus at all restaurants this week after ruling out beef patties as the source of a multistate E. coli outbreak.
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Polarizing pipeline law is on the ballot in major corn stateOct 25, 2024 8:25 am - A proposed $8.9-billion carbon-capture pipeline that has polarized the U.S. Corn Belt is facing one of its biggest obstacles yet: Election Day. When South Dakota voters c...
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US extends 25% semiconductor tax credit to chip and solar wafersOct 22, 2024 8:36 am - The Biden administration finalized rules for a 25% tax credit for semiconductor manufacturing projects, expanding eligibility for what is likely to be the largest incenti...
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Walgreens to close 14% of U.S. stores to offset weak demandOct 15, 2024 10:04 am - Deerfield-based Walgreens drugstore chain said Tuesday it will shutter around 1,200 outlets over the next three years, with 500 closures slated for 2025.
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Frustrated with your boss? Blame inflation.Oct 13, 2024 6:00 am - As a general matter, workers hate asking for a raise. It’s time-consuming, awkward and even risky. Should you shop around for an outside offer to gain leverage? What’s t...
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Swing-state consumers hurt more than most in credit card squeezeOct 13, 2024 6:00 am - Household finances all over the U.S. are feeling the pressure of high borrowing costs, and swing-state voters rank among the harder hit. Credit card delinquencies are run...
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Retailers have no room for error this holidayOct 06, 2024 7:00 am - With interest rates lower, inflation collapsing and wages rising faster than prices, there’s potential for a very happy holiday for U.S. retailers. But it’s not time to c...
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Starbucks buys research farms as climate change threatens coffee supplyOct 03, 2024 9:41 am - Starbucks Corp. is buying two new research farms that will test everything from drones to microbes as it seeks to make coffee more resilient to climate change, which alre...