Business
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Why ‘capital preservation’ could be your riskiest — and worst — strategy for retirement
World peace. Calorie-free cheesecake. Sensible politicians with your interests at heart. Like all these pipe dreams, investment strategies promising both growth and capital preservation…
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Infamous Three Mile Island is back — and Microsoft wants its nuclear power to fuel AI ambitions
Three Mile Island — the infamous site of America’s worst nuclear disaster — is gearing up for a comeback, and…
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Nike stock surges as CEO Elliott Hill tries to rally the troops
Wall Street cheered Nike’s move to oust CEO John Donahoe this week as the sneaker giant’s stock, which had been…
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House votes to repeal Biden admin EPA tailpipe emissions rules
The GOP-controlled House approved a resolution Friday that would overturn a new Biden administration rule on automobile emissions that Republicans…
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Lactaid Milk recalled in 27 states for potential traces of almonds not included on labels
Dairy company HP Hood has voluntarily recalled Lactaid, a lactose-free dairy milk, in 27 states due to potential exposure to almonds, according…
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Boar’s Head workers scrubbing plant infected by listeria, with no plans to reopen it
Boar’s Head has tapped dozens of workers for a deep clean of the Virginia plant whose listeria outbreak has led…
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‘Crushing the industry all around’
According to Gov. Gavin Newsom, California’s controversial minimum wage hike has added about 11,000 jobs to the state’s economy. However,…
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Huawei angers walk-in customers seeking $2.8K tri-foldable phone
Huawei and Apple’s latest smartphones went on sale in China on Friday, with many fans of the Chinese company disappointed…
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Bank of America chief Brian Moynihan raises eyebrows by taking on chancellor role for Corporation of Brown University
Brian Moynihan has his hands full running Bank of America, the nation’s second largest lender, which is why he raised…
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Blackstone to sell Motel 6 chain and its parent company for $525M
A hotel operator based in India is buying a classic piece of Americana — budget motel chain Motel 6. Oravel…
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