President Donald Trump established a Strategic Bitcoin Reserve through an executive order, according to an X post by David Sacks, the White House czar for AI and cryptocurrency. […]
Technology
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SpaceX’s Starship spacecraft explodes midflight for a second time
SpaceX launched the eighth test flight of its Starship megarocket system on Thursday night, aiming to stress-test the spacecraft and achieve objectives that fell short during its previous […]
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Walgreens to Be Acquired by Sycamore Partners in $10 Billion Deal
Walgreens Boots Alliance announced on Thursday that it had agreed to be acquired by private equity firm Sycamore Partners in a $10 billion deal, taking the struggling pharmacy […]
Economy
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Germany’s defense and government spending boost triggered a global bond sell-off
Global bond markets experienced a sell-off following the German government’s announcement of a new spending plan, which caused a rise in yields. Germany’s 500 billion euro infrastructure plan […]
Economy
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A 40-day Target boycott began this week. What to know about the protest and its potential impact
NEW YORK (AP) — A 40-day boycott of Target, titled the “Target Fast,” commenced this week to protest the company’s decision to phase out certain diversity, equity, and […]
Economy
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Trump Signs Executive Order to Create Government Bitcoin Reserve
Former President Donald Trump signed an executive order on Thursday to establish a government reserve of bitcoin, marking a significant step toward the cryptocurrency’s potential mainstream adoption. Under […]
Technology
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FAA Halts Flights to Several Florida Airports Following SpaceX Rocket Testing Incident
The Federal Aviation Administration (FAA) suspended flights to multiple Florida airports on Thursday night after a testing failure involving SpaceX’s Starship rocket. This marks the second incident this […]
Technology
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TSMC’s Strategic Move Amid Donald Trump’s Tariff War
Taiwan Semiconductor Manufacturing Company (TSMC) has strategically navigated through challenges posed by Donald Trump’s tariff war. The company continues to focus on maintaining its competitive edge in the […]
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Gap Shares Surge 17% as Retailer Exceeds Expectations, Demonstrating Turnaround Success
Gap Inc. reported another quarter that surpassed expectations, signaling that its turnaround under CEO Richard Dickson is proceeding more effectively and rapidly than Wall Street had anticipated. Shares […]
Economy
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Trump’s erratic trade policies are baffling businesses, threatening investment and economic growth
WASHINGTON (AP) — Marc Rosenberg, founder and CEO of The Edge Desk in Deerfield, Illinois, is preparing to launch an ergonomic chair designed to alleviate back pain and […]