Business

America’s decline increases China’s control over global electric car markets

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🚀 Explore this trending post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Employees work on an assembly line for new energy vehicles (NEVs) at the workshop of China FAW Group's Hongqi Fanrong plant on July 5, 2023 in Changchun, Jilin Province of China. Zhang Yao | China News Service | Getty ImagesDETROIT – The disintegration of the U.S. electric vehicle market is increasingly raising fears of an existential crisis for the American auto industry, as Chinese automakers push forward with technologies that many still believe will define the next era of automobiles.The latest warning sign came on…

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Stellantis received $26 billion to overhaul its business

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✨ Read this must-read post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: The Stellantis logo is photographed at one of its assembly plants after the company announced it would temporarily halt production there, in Toluca, State of Mexico, Mexico on April 4, 2025. Henry Romero | ReutersAutomobile company shares Stellantis Its shares fell 27% in European trading on Friday, after the company said it expected to take a loss of 22 billion euros ($26 billion) from a business reset and hinted at backing away from its electrification push. In Milan, the Italian company's shares fell by 26%.…

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White House launches direct to consumer drug site

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🔥 Discover this awesome post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: US President Donald Trump makes a proclamation from the Oval Office of the White House in Washington, DC, US, November 6, 2025.Jonathan Ernst | ReutersPresident Donald Trump is set to announce Thursday the launch of TrumpRx — a direct-to-consumer website that is key to his administration's efforts to lower prescription drug costs in the United States. In a post on X, White House press secretary Carolyn Leavitt said Trump and other administration officials will launch the new site at 7 p.m. ET on Thursday. Millions…

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Calci is expanding monitoring and enforcement efforts ahead of Super Bowl 60

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✨ Explore this awesome post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Gabe Jones | Bloomberg | Getty ImagesCalci on Thursday announced efforts to expand monitoring and enforcement frameworks as doubts grow over the booming prediction market industry. The announcement comes days before Super Bowl 60, which has already attracted more than $160 million in expected market volume, according to Calci. The platform and its peers allow users to purchase event contracts for hits in politics, pop culture, financial markets, and sports. Predictions on predetermined outcomes — for example, which companies will air Super Bowl ads on…

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Bob’s Discount Furniture (BOBS) will begin trading on the New York Stock Exchange after its IPO

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🚀 Discover this trending post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: CEO Bill Barton of Bob's Discount Furniture rings the opening bell at the New York Stock Exchange on February 5, 2026. New York Stock ExchangeShares of Bob's Discount Furniture opened flat on the New York Stock Exchange on Thursday after the company priced its initial public offering at $17 per share.This price was within Bob's expected range of $17 to $19 per share. The stock will trade on the New York Stock Exchange under the ticker symbol BOBS.The Manchester, Conn.-based company, which was founded in…

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Estée Lauder expects $100 million in tariff headwinds

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✨ Check out this awesome post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: In this illustration, the Estee Lauder Companies Inc. logo is displayed on a smartphone with the Estee Lauder Companies Inc. logo in the background. Thiago Prudencio | Rocket Lite | Getty ImagesEstee Lauder It said Thursday it expects a $100 million loss to its full-year profitability due to the effects of the tariffs. The cosmetics company's shares fell by more than 20% in midday trading.The company is currently in the midst of a turnaround plan, dubbed “Reimagining Beauty,” which is expected to cost between…

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Cheaper tequila and canned cocktails are the top-selling alcoholic beverages in 2025

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🔥 Check out this awesome post from Business News 📖 📂 **Category**: 📌 **What You’ll Learn**: Various cans of ready-to-drink alcoholic beverages, including Captain Morgan Rum and Coke, Bacardi Mojito, Archers and Lemonade, Malibu and Pineapple, Pina Colada Cocktail and Gordon's Gin and Tonic are displayed for sale in a supermarket on January 10, 2024.John Cable | Getty ImagesThe US alcohol industry has another troubling year in 2025.Spirits suppliers' revenue fell 2.2% to $36.4 billion for the year, according to new data from industry trade group Distilled Spirits Council of the United States (DISCUS). This decline came in light of…

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Peloton (PTON) Q2 2026 Earnings

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💥 Discover this awesome post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Peloton It posted a worse-than-expected holiday quarter on Thursday after shoppers failed to pay for its new AI-driven product line and turned away from higher subscription prices.The connected fitness company missed Wall Street estimates on top and bottom line results and failed to meet its own internal sales targets in the three months ended Dec. 31 — typically the strongest for Peloton's hardware revenue. The company said it expects sales to continue to slow in the current quarter. Peloton expects revenue between $605 million and…

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Elf Beauty (ELF) Q3 2026

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🔥 Check out this must-read post from Business News 📖 📂 **Category**: ✅ **What You’ll Learn**: Elf Beauty cosmeticsCourtesy: Elf BeautyThe beauty of the goblin It reported huge beat earnings on Wednesday and raised its guidance for the fiscal year.Elf stock rose as much as 15% in after-hours trading before giving back the majority of those gains.Here's what the company reported for its fiscal third quarter, compared to analyst estimates from LSEG:EPS: $1.24 was revised down from 72 cents expectedprofit: $490 million versus an expected $460 millionNet sales rose 38% to $489.5 million, from $355 million in the same period…

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Terrell Owens over Bill Belichick, Robert Kraft shrugs

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✨ Check out this awesome post from Business News 📖 📂 **Category**: 💡 **What You’ll Learn**: Recent criticism of New England Patriots owner Robert Kraft and former coach Bill Belichick from the organization shows the system is flawed, and someone must be held accountable, NFL Hall of Fame player Terrell Owens said Wednesday. "He's just stupid," Owens told CNBC Sport in an interview in San Francisco before Super Bowl LX. "Something has to change." The decisions not to vote Kraft and Belichick into the Pro Football Hall of Fame raised eyebrows because of the Patriots' success. With a win over…

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