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Business

All articles tagged with #business

Inside GM's Modernized Detroit Headquarters and Hidden Artifacts

Originally Published 12 hours ago — by CNBC

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Source: CNBC

GM's new Detroit headquarters blends modern design with artifacts and references to its rich automotive history, emphasizing collaboration and culture, while significantly reducing its physical footprint from the Renaissance Center to foster a more inviting and functional workspace.

Top AI Stocks and Investment Trends to Watch in 2026

Originally Published 17 hours ago — by The Motley Fool

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Source: The Motley Fool

The article highlights Nvidia's leadership in AI hardware and its upcoming Rubin platform, which could drive long-term growth, and discusses Serve Robotics as a promising, though speculative, AI-related investment in autonomous delivery technology, emphasizing the potential for significant returns over time.

California's Billionaire Tax Sparks Divided Reactions and Potential Exodus

Originally Published 18 hours ago — by Business Insider

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Source: Business Insider

California is considering a 5% one-time wealth tax on residents worth over $1 billion, which could impact over 214 billionaires, including notable figures like Palmer Luckey, Mark Zuckerberg, and Jensen Huang. The tax aims to generate revenue but faces criticism for potentially prompting wealthy residents to leave the state, affecting California's economy.

FTSE 100 Reaches Record Highs: Is It Time to Invest?

Originally Published 19 hours ago — by BBC

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Source: BBC

The FTSE 100 has reached a record high, prompting discussions on whether now is a good time to invest, especially for first-timers. While investing can offer higher long-term returns compared to savings, it involves risks, and many people still lack sufficient emergency savings. The government and regulators are encouraging more investment, but caution is advised due to potential overvaluation and market volatility, particularly in AI-related stocks. New rules will also make financial guidance more accessible, though not personalized, to help consumers make informed decisions.

Iconic Chicken Chain Struggles as Over 1,000 Locations Close

Originally Published 21 hours ago — by PennLive.com

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Source: PennLive.com

Boston Market, once a major player with over 1,200 locations, has drastically declined due to financial struggles, quality issues, and competition from grocery stores like Costco offering cheaper rotisserie chickens, leaving fewer than 20 stores remaining and facing uncertain future.

Town profits from China's luxury durian craze

Originally Published 1 day ago — by BBC

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Source: BBC

The town of Raub in Malaysia is experiencing economic growth due to China's increasing demand for durians, especially the premium Musang King variety, which has become a symbol of luxury and status in China. This surge in demand has revitalized durian farming in the region, making it a key player in the global durian market, despite challenges such as food safety concerns and competition from emerging suppliers like Hainan, China.

Trump proposes one-year 10% cap on credit card interest rates amid industry criticism

Originally Published 1 day ago — by The Guardian

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Source: The Guardian

Donald Trump announced a one-year plan to cap credit card interest rates at 10%, sparking mixed reactions from lawmakers, financial institutions, and critics, with concerns about implementation and potential impacts on credit availability.