BUSINESS
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If Mauro Porcini’s mother had had her way, Samsung Electronics’ head designer wouldn’t have gone into design at all. “She…
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Schumer asks GOP to help rewrite DHS bill and advance funds for other departments as shutdown nears
Senate Democratic leader Chuck Schumer, in a social media post Saturday night, hours after the shooting, said that what is…
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TradFi firms are increasingly warming to cryptocurrencies, says Bybit CEO Ben Zhou
When Ben Zhou founded Bybit in 2018, he first had to convince his team that Bitcoin wasn’t a scam. Eight…
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56% of companies getting ‘nothing’ out of AI because they’ve forgotten the basics, PwC chairman says
For the past two-and-a-half decades, the mandate for global business leaders was relatively straightforward: grow the existing business, allocate capital…
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As Trump helps Gen Z on student debt, watchdog calls it an ‘incoherent political giveaway’
The Trump administration’s announcement on Friday of an indefinite pause on the collection of defaulted federal student loan debt, including…
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Polygon Labs buys two crypto startups for $250 million as it looks to compete with Stripe
The blockchain developer Polygon Labs has closed deals to buy the crypto startups Coinme and Sequence. The total purchase price…
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Top University of Minnesota grads are ‘at least as good, maybe better’ than the best and brightest from Harvard, former Goldman Sachs CEO says
When Lloyd Blankfein was CEO of Goldman Sachs, thousands of newly minted graduates from top universities joined the ranks of…
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AI layoffs are looking more and more like corporate fiction that’s masking a darker reality
Despite breathless headlines warning of a robot takeover in the workforce, a new research briefing from Oxford Economics casts doubt…
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OPEC+ sticks with plan to keep oil flow steady amid turmoil
OPEC+ stuck with plans to pause supply increases in the first quarter, as global markets face a surplus and the…
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Ray Dalio donates $75 million to ‘Trump Accounts’ as Scott Bessent leads ‘50 State Challenge’ to invest in America’s kids
The U.S. Treasury asked major philanthropic donors to contribute to new investment accounts for children Wednesday as part of what…
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