Budget Boost
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The More the FTC Sues, the Bigger Its Budget Grows
The agency has a perverse incentive.The Wall Street Journal - World -
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Italy's RAI journalists strike over budget streamlining, complain of censorship and media repression
Some journalists at Italy’s state-run RAI are on strike to protest budget streamlining and what they say is an increasingly repressive atmosphere in Italy for mediaABC News - World -
Apple Buys Itself Some Time for an AI Boost
Raised share buybacks helped buttress weak iPhone sales, but Apple will need to make its own AI play clear soon.The Wall Street Journal - World - Apple -
Hershey Boosted by Higher Prices and Sales Volumes
Consumers are still paying up for chocolate. Candy giant Hershey said sales rose 8.9% from year-ago levels, benefiting from both higher prices and volumes.The Wall Street Journal - World -
Immigrant workers are helping boost the U.S. labor market
The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion.CNBC - Business -
Freshfields boosts pay for newly qualified lawyers to £150,000
‘Magic circle’ law firm raises stakes in the legal battle for talent in LondonFinancial Times - Business -
Finland boosts war readiness in face of Russian aggression
Now in Nato, Helsinki disperses military supplies beyond its borders and hones economy for resilienceFinancial Times - Business - Russia -
Higher rates boost bankers to troubled companies
Fee revenue is up at boutique firms as borrowing costs force more clients to restructureFinancial Times - Business -
Oil Rises, Boosted by Prospects of Potential Supply Disruptions
Oil rose in the morning Asian session, boosted by the prospects of potential supply disruptions caused by the Israel-Hamas conflict.The Wall Street Journal - World -
Slower Hiring Boosts Hopes of a Late-Summer Rate Cut
The slowdown marked a break from a string of data showing surprising strength in the labor market. Wages rose less than anticipated.The Wall Street Journal - World -
Reform UK boosts Labour’s prospects but struggles to take seats
Leader of right-wing party praises ‘great progress’ but narrow gains raise doubts about its electoral impactFinancial Times - World - United Kingdom -
Hershey’s beats on earnings as Reese’s Caramel, Dot’s Pretzels boost sales
“We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year,” the company’s CEO said Friday.MarketWatch - Business