Author: super@dmin
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: Tesla slashes prices in China for second time in 3 months
Tesla Inc. has slashed prices on its vehicles in China for the second time in three months, hours after announcing disappointing December deliveries in China.
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The Wall Street Journal: Trump sued by estate of Capitol Police officer who died after Jan. 6 siege
The estate of Capitol Police Officer Brian Sicknick, who died a day after defending the Capitol during the Jan. 6, 2021, attack, sued Donald Trump on Thursday alleging that the officer’s death resulted from the former president’s “incendiary” rhetoric and false claims that the 2020 election was stolen.
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MarketWatch First Take: Amazon cuts jobs to reset tech giant after monster growth in the pandemic, but investors still worried
Wall Street analysts are applauding the cost-cutting moves by two technology giants in the last two days amid a major slowdown in revenue, but investors appear to be more worried about Amazon, where its highly profitable and big-growth cloud business has helped cushion it in the past.
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The Wall Street Journal: Samsung forecasts big slump in fourth-quarter profit as tech demand wanes
The South Korean tech giant on Friday forecast its operating profit in the quarter ending Dec. 31 to drop by 69% from the prior year to 4.3 trillion won, the rough equivalent of $3.4 billion.
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: Pfizer could sell some assets, convert others into new companies amid broader refocus
Drug maker Pfizer Inc. could part with or otherwise distance itself from some of its research programs.
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: WWE’s Vince McMahon plans to return and sell the company: report
“The only way for WWE to fully capitalize on this opportunity is for me to return as executive chairman,” McMahon said in a statement Thursday.
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Help My Career: ‘I can no longer be an executive at a high level’: Workers with disabilities, including long COVID, are finding their place as companies become more flexible
Why 2023 could be the year that more workers with disabilities find jobs.
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: ‘Concessions have made a comeback’: In a cooling housing market, sellers pull out all the stops to lure buyers
About 42% of homes sold in the fourth quarter were sold at a concession, according to a new report from Redfin.
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: Looking for clues about iPhone supply? Ask AT&T, Verizon and T-Mobile
How have iPhone sales have fared in the wake of production constraints on high-end models? Some public companies may have just offered a few clues.
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Dow Jones Newswires: Emergent BioSolutions gets new Defense Department contract, shares rise 13%
Shares of Emergent BioSolutions Inc. were higher in Thursday’s after-hours market, following news the company received a contract to supply reactive skin decontamination lotion kits to the U.S. military.