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Ford Tesla EV charging deal puts pressure on GM

DETROIT – A surprise deal between Ford Motor and Tesla on electric vehicle charging technology and infrastructure could put new pressure on other automakers’ EV strategies. The tie-up between the two rivals will give Ford owners access to more than 12,000 Tesla Superchargers across the U.S. and Canada, starting early …

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DirecTV to be NFL Sunday Ticket provider for bars, restaurants

Football fans watch the NFL Super Bowl XLVIII game between the Denver Broncos and the Seattle Seahawks on at a sports bar in New Jersey on February 2, 2014. Cem Ozdel | Anadolu Agency | Getty Images DirecTV has struck a multiyear deal to continue broadcasting the National Football League’s …

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Illumina installs Carl Icahn board nominee, ousts chair

Rafael Henrique | Lightrocket | Getty Images Activist investor Carl Icahn on Thursday won enough support from Illumina shareholders to install one of his three nominees to the biotech company’s board of directors.  Shareholders also ousted board chairman John Thompson. An Illumina spokesperson said a new board chair will be …

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Dollar Tree (DLTR) earnings Q1 2023

Shares of Dollar Tree plunged nearly 15% in early trading Thursday after the company fell short of Wall Street’s earnings expectations for the most recent quarter and slashed its profit outlook for the full year. Here’s how the discounter did in its fiscal first quarter compared with what Wall Street …

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DeSantis business battles: Disney, Covid, taxes, ESG

Florida Gov. Ron DeSantis gives remarks at the Heritage Foundation’s 50th Anniversary Leadership Summit at the Gaylord National Resort & Convention Center on April 21, 2023 in National Harbor, Maryland. Anna Moneymaker | Getty Images Florida Gov. Ron DeSantis is slated to launch his presidential campaign Wednesday evening, putting his …

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Kohl’s (KSS) earnings Q12023

People walk near a Kohl’s department store entranceway on June 07, 2022 in Doral, Florida. Joe Raedle | Getty Images Kohl’s shares spiked early Wednesday as the struggling retailer posted a surprise profit while it chases a turnaround. Shares jumped more than 12% in premarket trading. related investing news The …

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Peloton relaunches brand, subscription pricing and app

When Peloton unveiled its 2019 holiday commercial depicting a husband who gifted his wife a stationary bike for Christmas, the ad was widely panned as sexist, dystopian and reminiscent of a hostage video. People took umbrage at the commercial’s characters – a white, upper-middle-class family – and said it sent …

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Economy in better shape than doomsayers say: BlackRock exec

Rick Rieder, BlackRock’s Chief Investment Officer of Global Fixed Income, speaks during a Reuters investment summit in New York, November 7, 2019. Lucas Jackson | Reuters NEW YORK – When the bond chief of the world’s biggest asset manager looks at the U.S. right now, he sees a lot to …

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Netflix password sharing crackdown starts in U.S.

Netflix sign-in page displayed on a laptop screen and Netflix logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland, on Jan. 2, 2023. Jakub Porzycki | Nurphoto | Getty Images Netflix‘s crackdown on password sharing has come to the U.S. The streaming service …

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Nike CEO John Donahoe says decoupling from China would be ‘disastrous’

A Nike store is pictured in Sanlitun on March 27, 2021 in Beijing, China. VCG | Getty Images Nike CEO John Donahoe acknowledged geopolitical tensions are rising with China – one of its largest markets – but said decoupling from the region would be “disastrous” for global trade.  During a …

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