NY Post - Business
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Student aid startup founder Charlie Javice lied to JPMorgan to secure $175M deal: prosecutor
Javice's defense attorney urged an acquittal of his 32-year-old client, calling the proof “incredibly flawed.”
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X on pace for first year of ad revenue growth since Elon Musk bought Twitter in 2022
X's global ad sales are estimated to hit $2.26 billion this year, up 16.5%, according to Emarketer.
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Walmart skimps on eggs in Easter meal kit as bird-flu outbreak sends prices soaring
Walmart is also excluding ingredients that are typically already found in one’s pantry like salt, pepper, butter and milk, a spokesperson said.
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Social Security to restore stricter rules to recover overpayments starting this week
The Social Security Administration is reinstating more stringent rules beginning on Thursday to recover overpayments to beneficiaries — setting a...
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White House adds dozens of Chinese tech firms to export ‘blacklist’ in AI crackdown
In total, the US added 80 foreign entities to the list on the basis of national security concerns, including firms from China, the United Arab...
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China’s BYD aims to double overseas sales to 800K cars in 2025 as Tesla competition heats up
Chinese electric vehicle maker BYD plans to double its overseas sales this year as it steps up competition with Elon Musk’s Tesla and other...
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Tesla launching in Saudi Arabia as Elon Musk, kingdom mend ties after funding fiasco
The dispute started when Musk tweeted in 2018 he had "funding secured" to take Tesla private after meeting Saudi Arabia's sovereign wealth fund.
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Canada bars Tesla from future EV rebate programs, freezes payments amid Trump tariff war
Canada has banned cars made by Elon Musk’s Tesla from future electric vehicle rebate programs as the country engages in a tit-for-tat trade dispute...
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Dollar Tree to sell Family Dollar to private equity firms for $1B
The acquisition by a consortium that includes Brigade Capital Management and Macellum Capital Management confirms Wall Street Journal report.
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Disney closing Buzz Lightyear’s Space Ranger Spin at Magic Kingdom this summer for tech overhaul
A nearly 30-year-old ride at Walt Disney World's Magic Kingdom is closing this summer so it can get a new show scene, updated ride vehicles, and...
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Hundreds of Canadian steel workers hit with layoffs as Trump’s tariffs squeeze industry
Hundreds of Canadian workers have already been laid off from steel plants as President Trump's 25% levies on steel and aluminum hamper the industry.
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Wall Street bonuses hit record $47.5B in 2024 — with each banker earning average $245K payout
That is up 34% from last year’s bonus pool of $35.4 billion and the highest number since records began in 1987.