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California voters are expected to reject a first-of-its-kind tax on billionaires, DDHQ projected on X, marking the end to one of the most expensive and divisive political battles in state history.
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China strongly opposes US sanctions on two Chinese companies over their dealings with a third party and reserves the right to take “necessary measures” to protect its interests, China’s Ministry of Commerce said on Saturday.
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US intelligence officials told the Trump administration that a woman who had become close to Nvidia Corp. Chief Executive Officer Jensen Huang was working for a Chinese spy agency, which recruited her to collect information on him, the New…
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Source: Bloomberg, 6:07
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Democratic Party victories have changed the outlook for America, but how will they affect Asia?
Scott Galloway compared Elon Musk to Soviet spies who gave away U.S. nuclear secrets on his podcast, calling him a "traitor to the West" over throttling Starlink access in Ukraine.
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Australian Prime Minister Anthony Albanese has called for a de-escalation of tensions between the US and Iran after the midterm elections, which he described as “very significant,” according to a report from the Australian Broadcasting…
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Source: Bloomberg, 5:30
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This week, Columbia Business School professor Glenn Hubbard breaks down the economic implications of the US midterm elections. Meanwhile, rising oil prices are both a burden and a benefit in Alaska. And, we go into the field with Richmond…
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President Donald Trump sought to shrug off his Republican Party’s disastrous midterm defeat during a visit to Florida, touting plans to launch a new US air show as an example of how his economic agenda is revitalizing American industry.
Immediately before and after the sweeping victory, the corporate press was out in force, warning voters to curb their enthusiasm and stay in the moderate lane.
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The fish and chips as well as the sticky toffee pudding were standouts.
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"Balance of Power" focuses on the intersection of politics and global business. On today's show, Joe Manchin, former US Senator and Governor for West Virginia, says Democrats can overplay their hand if they make impeaching President Donald…
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Catch Hospitality Group is opening a Las Vegas location of The Corner Store at the Cosmopolitan. Co-Founder and Partner Eugene Remm says the 150-seat restaurant will preserve the intimacy and authentic SoHo experience of its 75-seat New…
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Source: Bloomberg, 0:00
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Coinbase Vice Chair Ryan VanGrack says legislation has stalled since the Clarity Act vote, but the SEC and CFTC are advancing regulatory measures that are providing another route to clarity. He added that crypto is inherently bipartisan…
Unless the next governor, Xavier Becerra, keeps commuting sentences, California’s death row is likely to slowly repopulate in the coming years.
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF A rebound in chipmakers propped up the stock market as dip buyers emerged despite economic data that…
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Ian Bremmer says Tuesday’s election should be viewed against structural changes in U.S. policy that are likely to persist regardless of which party holds the White House. He cites weaker support for free-trade agreements and a greater…
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Elanco Animal Health shares rose nearly 8% after the company reported third-quarter earnings above expectations and raised its full-year outlook. Jeff Simmons, Elanco’s President and CEO, called it a high-quality quarter, citing 11%…
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Sweetgreen CEO and Co-Founder Jonathan Neman says that sales momentum has improved after a summer Cyclospora outbreak—unrelated to Sweetgreen’s stores but damaging to traffic across the sector. The company reported October comparable sales…
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Rep. Gwen Moore (D-WI) says affordability is “top of mind for all Americans” and believes health care is an obvious place for Democrats to intervene. Rep. Moore says Democrats' agenda should not be “first and foremost” to impeach people…
Coventry had a trio of decisions go against them in defeat at Everton, with Frank Lampard suggesting a hair pull should have been a penalty.
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FIGS reported third-quarter top- and bottom-line results above expectations, with revenue of $190.7 million versus an estimate of $182.8 million. The company logged a fourth consecutive quarter of at least 25% revenue growth; non-scrubwear…
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