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Onsemi Scraps Plan for $2 Billion Expansion in Czech Republic
ON Semiconductor Corp. scrapped plans for a semiconductor expansion in the Czech Republic that was initially valued at as much as $2 billion.
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Europe Insists Putin End War Before Discussing Russia’s Concerns
European nations want Russia to halt its war against Ukraine before entertaining any talk of the Kremlin’s concerns about the continent’s broader security architecture, people familiar with the matter said, a stance that risks putting them…
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Waters Eyes Private Equity, AI, Affordability in House Gavel Bid
Representative Maxine Waters signaled she is open to expanding retail investor access to private companies while also reining in “bad private equity actors” if Democrats tap her to lead a key panel next year.
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OpenAI Staffer Pleads Not Guilty to Office Bugging Charge
An OpenAI engineer charged with planting a hidden recording device in one of the company’s offices pleaded not guilty in federal court.
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Supreme Court to Hear Goldman Sachs’ Bankruptcy Arbitration Bid
The US Supreme Court agreed to review a request by Goldman Sachs on whether bankruptcy courts can override arbitration agreements, setting up a high-stakes test of the Federal Arbitration Act’s reach.
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Quick Mart IPO Draws Strong Demand as Kenyan Listings Pick Up
Quick Mart Plc saw demand for shares in its initial public offering exceed the number available by almost 23% as Kenya’s second-biggest supermarket chain concluded the nation’s second IPO of the year.
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Trump’s Latest Swing at Cuba Puts French, Chinese Firms in Crosshairs
The US added fresh sanctions targeting the few remaining foreign companies that do business in Cuba, expanding an economic pressure campaign that has left the island in dire financial straits.
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Economists Can't Predict the US Jobs Report With Confidence Anymore
Yet again, the economic soothsayers couldn’t have been more wrong about the latest report on the state of the US labor market released Friday, adding to a mounting string of errant forecasts and raising an obvious question: Why do the…
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Midterm Democrats Blue Wave to Impact Protect College Sports Act
The Protect College Sports Act passed the Senate, but the House will likely be harder.
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Trump Names Stephen Miller White House Chief of Staff
Source: Bloomberg, 0:00
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Hegseth Comes Under More Fire From Trump America First Ally
Defense Secretary Pete Hegseth is facing growing criticism for the unpopular Iran war that he championed, with a former top Trump administration foreign policy official calling for his ouster after Tuesday’s GOP midterm election defeat.
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JD Vance Is Shapeshifting Again
Vice President JD Vance is trying to distance himself from Trump — and the Iran war — after Republicans’ huge midterms loss. Bloomberg Opinion columnist Nia-Malika Henderson explains what that means for 2028. (Source: Bloomberg)
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Trump Taps Stephen Miller to Replace Wiles as Chief of Staff
President Donald Trump said he was tapping longtime aide Stephen Miller as his new chief of staff and that Susie Wiles will move to his political operation.
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AI Policy Moves From Washington to the States
AI emerged as a major issue in the midterm elections, but what that means for policy — and the massive data center buildout — remains uncertain. Atlantic Council senior fellow and former Federal Reserve System Chief Innovation Officer…
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Tech Stocks Rebound as Dip Buyers Return to AI Trade
Bloomberg’s Tim Stenovec takes a look at what's driving a rebound in tech stocks as dip buyers step in to support the battered AI trade. Plus, Anthropic's IPO plans are hit by the post-election selloff, prompting prospective investors to…
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How Fast-Money Systematic Funds Stoked $2.3T Tech Rout
As investors rushed out of US technology stocks on Thursday, selling by trend-following systematic strategies amplified what quickly became a record plunge by market value in the Nasdaq 100 index. Bloomberg's Natalia Kniazhevich joins Tim…
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France to Maintain Large Police Presence for Saturday Protests
French Interior Minister Laurent Nuñez said the state will deploy a large police presence across the country on Saturday as it seeks to avoid a repeat of last month’s violence when cost-of-living protests descended into rioting and looting.
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Canadian Dollar Set for Worst Week Since September on Weak Jobs
The Canadian dollar is poised for its biggest weekly loss since late September after Canada’s weaker-than-expected employment data reinforced concerns about the outlook for the country’s economy.
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Will a Democrat-Led Congress Slow Data Center Buildout?
As the dust settles after sweeping Democratic wins across the country, many are left to wonder — how will the power shift influence everything from the composition of the FOMC to AI development? Employ America's executive director Skanda…
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Anthropic IPO Investors Weigh Valuation as Low as $1.2 Trillion
Anthropic's IPO plans are running into a punishing post-election selloff, prompting a rethink among prospective investors of the company's expected valuation, which could now be as low as $1.2 trillion, according to sources. Bloomberg's…
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NWSL May Move Playoff Games Amid Schedule Conflict With Men’s Teams Like WNBA
A week after the WNBA was forced to play a Finals game on a weekday afternoon because a men’s team had higher priority at an arena, the NWSL is preparing to move playoff matches because of a similar scheduling pileup.
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Transgender Sports Bans Gain Momentum With Colorado, Washington
With midterm wins, 29 states now have rules restricting transgender students from joining girls’ sports teams.
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Latino Swing Left May Spark Recounts in Key Florida House Seats
Florida election authorities continue to count votes in four races for the US House of Representatives, including several with majority Hispanic communities where Republicans won by as much as 40 points just two years ago.
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