A federal judge has dismissed Johnson & Johnson’s latest effort to use bankruptcy proceedings to establish a multibillion-dollar trust fund for compensating individuals who claim they developed cancer […]
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Asia Stocks Rise Amid Tariff Uncertainty
Asia stocks have risen following gains on Wall Street, despite ongoing uncertainty surrounding potential tariffs. Investors remain cautious as they await clarity on tariff policies. The Reserve Bank […]
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Hooters Files for Bankruptcy to Facilitate Founder-Led Buyout
Hooters of America has filed for bankruptcy in Texas to address its $376 million debt by selling all company-owned restaurants to a franchise group supported by the founders. […]
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Why This Strategist Believes There’s Still One Last Rally for the Stock Market Before It Weakens
A strategist suggests that the stock market may experience one final rally before encountering challenges. Capital markets are showing signs of shifts, and investors are closely monitoring these […]
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Rising Distrust in American Institutions: A Case Study with Girl Scout Cookies
The year has been significant for Zen Honeycutt and her advocacy group, Moms Across America. President Trump appointed Robert F. Kennedy Jr., an ally of Honeycutt’s organization, to […]
Technology
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Nvidia Stock Faces Challenges Amid Market Uncertainty
Nvidia’s stock has encountered difficulties breaking out of its recent slump, influenced by broader market concerns and tariff discussions. The stock’s performance has been affected by President Trump’s […]
Technology
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Xiaomi Shares Decline Following Fatal Car Crash in China
Xiaomi Corporation’s shares experienced a decline in Hong Kong trading after the company confirmed that one of its SU7 electric cars was involved in a fatal accident in […]
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Hooters Files for Bankruptcy Protection, Plans Sale of Company-Owned Restaurants
Hooters, the restaurant chain famous for its orange-clad, all-female wait staff and its chicken wings, has filed for Chapter 11 bankruptcy protection. The company announced the move on […]
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OpenAI Reaches $300 Billion Valuation Following $40 Billion Funding Round Led by SoftBank
OpenAI has achieved a staggering valuation of $300 billion after completing a $40 billion funding round led by SoftBank. This significant investment underscores the growing interest in artificial […]
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Newsmax Founder Christopher Ruddy Becomes Billionaire After IPO Surge
Christopher Ruddy, founder and CEO of Newsmax Inc., has become a billionaire following the company’s successful IPO. Newsmax’s shares surged 735%, giving Ruddy a fortune of approximately $3.3 […]