Business

Fortress Investment Group Set to Acquire Vice Out of Bankruptcy

A group of buyers including Fortress Investment Group is set to take over the bankrupt Vice Media company after bidding…

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Ford’s Battery Joint Venture to Get $9.2 Billion Government Loan

Ford Motor and its battery manufacturing partner will receive a $9.2 billion loan to build three battery factories in Kentucky…

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Congress Spotlights ‘Serious’ Forced Labor Concerns With Chinese Shopping Sites

Lawmakers are flagging what they say are likely significant violations of U.S. law by Temu, a popular Chinese shopping platform,…

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Elon Musk Proposes ‘Cage Match’ With Mark Zuckerberg

Two of the world’s richest and most influential men, who happen to run rival social media networks, appeared to goad…

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Overstock.com Wins $21.5 Million Bid for Bed Bath & Beyond’s Assets

Bed Bath & Beyond, the home-goods retailer that filed for bankruptcy in April, accepted a $21.5 million bid from Overstock.com…

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Plot Twist at Turner Classic Movies Upsets Film Fans

For many people in Hollywood, including lions like Steven Spielberg, Turner Classic Movies is not a cable channel. It is…

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E-Cigarette Sales Tapered Off Last Year After Big Surge

The News Sales of e-cigarettes rose by nearly 47 percent from January 2020, just before the pandemic hit the United…

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Microsoft Says It Could Abandon Activision Deal if Judge Delays It

The first day of a weeklong hearing that could determine the outcome of Microsoft’s $70 billion acquisition of video game…

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Producer Ryan Murphy Is Expected to Move to Disney

Ryan Murphy, the television megaproducer behind hits like “American Horror Story” and “Monster: The Jeffrey Dahmer Story,” is poised to…

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SoftBank’s Masayoshi Son Shifts to ‘Offense’ in A.I. Race

For months, Masayoshi Son, SoftBank’s voluble founder and chief executive, kept quiet as his tech conglomerate struggled with huge investment…

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