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Discount home goods retailer Big Lots filed for bankruptcy protection on Monday after high interest rates and a sluggish housing market slowed demand for its low-priced furniture and decor. As part of its Chapter…

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The fight for the future of the Murdoch media empire is about to begin

September 10, 2024

The battle for Rupert Murdoch’s global media kingdom is headed to the biggest little city in the world. Murdoch, the 93-year-old billionaire press baron, reportedly wants to alter the terms…

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Chase Bank is referring check fraud ‘glitch’ incidents to authorities

September 9, 2024

Chase Bank said it was reviewing incidents of individuals who may have participated in an online check fraud ‘glitch’ trend and referring them to law enforcement authorities. Last weekend, social…

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U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree

September 9, 2024

U.S. passenger airlines have added nearly 194,000 jobs since 2021 as companies went on a hiring spree after spending months in a pandemic slump, according to the U.S. Department of…

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Google’s second antitrust trial could help shape the future of online ads

September 6, 2024

A month after losing a landmark antitrust case brought by the Department of Justice, Google is headed back to court to face off for a second time against federal prosecutors. In August, a judge…

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Biden preparing to block U.S. Steel sale to Japanese company

September 6, 2024

WASHINGTON — President Joe Biden is preparing to announce that he will formally block Nippon Steel’s proposed $14.9 billion acquisition of U.S. Steel, two people familiar with the matter confirmed…

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Red Lobster cleared to exit Chapter 11 bankruptcy

September 6, 2024

A bankruptcy court approved Red Lobster’s plan to exit Chapter 11, putting the seafood chain one step closer to exiting bankruptcy. The company, known for its seafood offerings and cheddar biscuits, filed for…

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Why the LA Rams are worth $2 billion more than the LA Chargers

September 6, 2024

There is a $2 billion gulf growing in Los Angeles. The National Football League’s Los Angeles Rams, No. 2 on CNBC’s Official 2024 NFL Team Valuations list, are worth $8 billion, while the Los…

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NFL’s next big media rights payday is years off — and subject to a shifting industry

September 5, 2024

In 2021, the National Football League signed an 11-year, $111 billion media rights deal. In July, the National Basketball Association signed an 11-year, $77 billion deal of its own. What’s next? Well,…

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How Nvidia doubled earnings, lost almost $300 billion in value and shook the stock market

September 5, 2024

It’s been described as the most important company in the world at the moment. But new concerns surrounding Nvidia, the chipmaker powering the artificial intelligence revolution — and which this…

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Popular Topics

Big Lots files for bankruptcy protection as it promises to keep offering ‘extreme bargains’

The fight for the future of the Murdoch media empire is about to begin

Chase Bank is referring check fraud ‘glitch’ incidents to authorities

U.S. airlines cool hiring after adding 194,000 employees in post-Covid spree

Google’s second antitrust trial could help shape the future of online ads

Biden preparing to block U.S. Steel sale to Japanese company

Red Lobster cleared to exit Chapter 11 bankruptcy

Why the LA Rams are worth $2 billion more than the LA Chargers

NFL’s next big media rights payday is years off — and subject to a shifting industry

How Nvidia doubled earnings, lost almost $300 billion in value and shook the stock market