BUSINESS
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Warren Buffett-backed EV maker BYD surprises with stellar first quarter sales as Tesla continues to slide
Chinese carmaker BYD is gaining momentum in the increasingly competitive global EV race, while the dominance of longtime leader Tesla…
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Tesla scraps Elon Musk’s no-advertising mantra as stock nosedives nearly 30% this year
Amid rising competition and a lackluster stock performance, Tesla is brushing off CEO Elon Musk’s previous disdain for marketing and…
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Billionaire tech founder ‘abused the trust’ of a colleague with an insider trading deal that made him $415K in profit, SEC alleges
The Securities and Exchange Commission announced today it would bar Sun Microsystems co-founder and early Google investor Andreas “Andy” Bechtolsheim…
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Biden signs $1.2 trillion funding bill, averts shutdown
President Joe Biden signed a $1.2 trillion funding package that keeps the US government running through Sept. 30, averting a partial shutdown.…
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IBM stock nears an all-time high—and it may have something to do with its CEO replacing as many workers with AI as possible
IBM’s repositioning around AI may be paying off for its stock as it nears an all-time high amid its CEO’s…
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Ex-Ford CEO: EV startups face ‘real financial trouble’
It’s been a bad year so far for startups offering electric vehicles. It could get a lot worse. The problem…
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How to learn data analytics for free
The U.S. Bureau of Labor Statistics projects a 36% growth rate in data science-related occupations by 2030. This estimated growth…
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Top UK law firm’s money-laundering defense hinges on awkwardness: ‘In Europe, in my culture, we don’t do that. You don’t ask err, how much do you make?’
A top law firm faced allegations that it broke UK money-laundering rules by being too polite to ask a politically…
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TikTok floods Congress with complaints over a potential ban—making politicians’ point for them
TikTok’s fate in the U.S. could hinge on a new bill moving through Congress, but the company’s massive campaign urging…
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Top economist says it will be years before housing market unfreezes
In late October 2023, existing-home sales plummeted to the lowest level since 2010, when the world economy, and particularly the…
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