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Business
Ford Slashes EV Targets as Hybrid Demand Quietly Surges
Ford is cutting EV production targets and doubling down on hybrids as consumer demand for plug-in and traditional hybrids outpaces electric vehicle sales.
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Business
Berkshire Hathaway’s Cash Pile Grows as Buffett Successor Waits
Warren Buffett steps down as Berkshire CEO, leaving Greg Abel a $347 billion cash pile and a company defined by decades of patient capital discipline.
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Business
HSBC Retreats from Retail Banking as Asia Strategy Narrows
HSBC is selling off Western retail units and narrowing its focus to Asia wealth management. Here's what the strategy actually means and where the risks lie.
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Business
Amazon’s Kuiper Satellite Push Puts SpaceX Starlink on Defense
Amazon's Project Kuiper is moving from announcements to actual hardware in orbit, putting direct pressure on SpaceX Starlink's dominant satellite broadband position.
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Business
Stripe Eyes Public Markets Again as Fintech Valuations Recover
Stripe is reportedly revisiting IPO plans as fintech valuations recover. Here's what's driving the timing and what's still standing in the way.
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Business
Pfizer Bets on Oncology Acquisitions as Paxlovid Revenue Fades
Pfizer is spending its Covid windfall on oncology acquisitions, betting ADC cancer drugs can replace fading Paxlovid revenue before the debt load becomes a crisis.
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Business
Novo Nordisk Weighs Major Restructuring as Ozempic Patent Threats Mount
Novo Nordisk is restructuring as patent threats to Ozempic mount, signaling a strategic shift to protect revenue and accelerate next-generation GLP-1 development.
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Business
Uber and Lyft Face Driver Reclassification Battles Across Europe
Uber faces mounting court losses across Europe over driver classification, as rulings in the UK, France, Spain, and the Netherlands build toward an EU-wide reckoning.
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Business
Deutsche Bank Quietly Grows U.S. Private Credit Footprint
Deutsche Bank is quietly expanding its U.S. private credit operations, integrating direct lending into existing corporate banking infrastructure to compete with established alternative lenders.
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Business
Morgan Stanley Expands Wealth Management Push Into Middle Markets
Morgan Stanley is expanding wealth management services into the middle market, targeting clients with $250K-$5M in assets through digital tools, hybrid advice models, and its E*Trade platform.
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