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Disney tops Netflix on streaming subscribers
Walt Disney just passed Netflix with a total of 221 million streaming subscribers and announced it will launch a Disney+...
Cardinal Health CEO Mike Kaufmann is stepping down
Cardinal Health CEO Mike Kaufmann is stepping down and will be replaced by Jason Hollar effective September 1. The announcement...
Boeing delivers first 787 Dreamliner since 2021
After fixing a series of manufacturing flaws in the aircraft Boeing delivered on Wednesday its first 787 Dreamliner in more...
Elon Musk sells nearly 7.9 million Tesla shares
Elon Musk sold 7.9 million shares of Tesla last week raising $6.9 billion, according to a series of filings with...
U.S. inflation eased slightly as consumer prices rise 8.5% in July
Inflation eased in July with consumer prices increasing by 8.5% year over year, the Bureau of Labor Statistics reported Wednesday....
Ford raises price of F-150 Lightning due to material cost increases
Ford is increasing the starting prices of its electric F-150 Lightning pickup, the company announced. Significant material cost increases, supply...
AppLovin offers to buy video game maker Unity in $20 billion deal
Gaming software company AppLovin is offering to buy developer Unity Software in a $20 billion deal. The all-stock merger would...
Micron to invest $40 billion in U.S. chip manufacturing by 2030
Supported by grants and credits from the CHIPS and Science Act that President Joe Biden signed today, semiconductor maker Micron...
SoftBank posts a $21.6 billion quarterly loss on its Vision Fund
SoftBank posted one of its biggest losses at its Vision Fund investing arm on Monday, as technology stocks continue to...
Pfizer agrees to $5.4 billion deal for Global Blood Therapeutics
Pfizer is buying blood disorder drugmaker Global Blood Therapeutics for $5.4 billion, in the latest acquisitions by the New York...
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