By Samrhitha A (Reuters) – Netflix investors will assess risks from the ongoing strike in Hollywood when the company reports quarterly results on Wednesday, but analysts said it was well positio[...]
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Updated
Wall St Holds Gains After Cooler Inflation, Mixed Earnings
By Lawrence Delevingne (Reuters) -Wall Street stocks mostly held on to their previous gains on Friday, while the dollar stayed near 15-month lows, after U.S. inflation data this week unleashed a wave[...]
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Hybrid-work trend may wipe out $800 billion from office property values by 2030 – McKinsey study
(Reuters) – A shift to remote working is likely to wipe off $800 billion from the value of office buildings in major global cities by 2030, according to a study published by consulting firm McKi[...]
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Domino’s to start using Uber for food orders, shares surge
By Granth Vanaik and Juveria Tabassum (Reuters) -Domino’s Pizza shares surged 10% on Wednesday after the chain said customers can start using Uber’s Uber Eats and Postmates apps for orders[...]
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However war ends, Ukraine’s diminished population will hit economy for years
By Olena Harmash KYIV (Reuters) – With war dragging on, some of Ukraine’s millions of refugees are beginning to think about settling for good in the countries they find themselves in acros[...]
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ChatGPT’s explosive growth shows first decline in traffic since launch
By Krystal Hu (Reuters) -ChatGPT, the wildly popular AI chatbot launched in November, saw monthly traffic to its website and unique visitors decline for the first time ever in June, according to analy[...]
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UPS, Teamsters accuse each other of walking away from contract talks
By Abhijith Ganapavaram (Reuters) -The Teamsters Union said on Wednesday United Parcel Service “walked away” from negotiations over a new contract, a claim the shipping giant denied, lobbi[...]
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Wall St ends slightly higher in shortened session, Tesla jumps
By Lewis Krauskopf, Bansari Mayur Kamdar and Johann M Cherian (Reuters) – Wall Street’s main indexes ended with slim gains in a holiday-shortened session on Monday, helped by a surge in Te[...]
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How hedge funds plan to trade the second half of 2023
By Nell Mackenzie, Carolina Mandl and Summer Zhen LONDON/NEW YORK/HONG KONG (Reuters) -For hedge funds, the second half of 2023 is all about pouncing on the ways in which inflation, aggressive rate hi[...]
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