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MarketWatch - Business
Nvidia is starting to act like its own asset class
Shares of Nvidia Corp. are growing increasingly disconnected from the average stock in the S&P 500, prompting one analyst to quip that the chip designer is starting to behave like its own asset class. -
The Hill - Politics
Bipartisan lawmakers urge DOJ to act 'expeditiously' on TikTok complaint
Lawmakers on both sides of the aisle urged the Department of Justice (DOJ) to take quick action on a complaint about TikTok referred to the department by the Federal Trade Commission (FTC), according to a letter sent Tuesday. The complaint at ...Tiktok -
MarketWatch - Business
For all the fear of black swans, the stock market is acting roughly the same
“If the modern world is growing ever more complex and more black swans are flying around as a result, it is not apparent in the historical return data,” says one market observer. -
The Wall Street Journal - World
Saks Owner to Buy Neiman Marcus, With Help From Amazon
Retail rivals strike a $2.65 billion merger as they seek to gain scale against luxury brands. -
The New York Times - Business
Saks Acquires Neiman Marcus
The deal, a vote in favor of the future of brick-and-mortar retail on the high end, could reshape the retail landscape. -
CBS News - Top stories
Saks Fifth Avenue owner buying Neiman Marcus for $2.65 billion
Canada's Hudson's Bay Company, which owns Saks Fifth Avenue and other retailers, is buying 117-year-old Neiman Marcus. -
Financial Times - Business
British Airways owner IAG warns airfares must rise to fund carbon cuts
Company’s chief Luis Gallego expects cost implications of switch to cleaner fuel to hit passenger demand -
Financial Times - World
UK holiday let owners move to business rates system as council tax soars
Authorities trying to encourage local buyers are losing outUnited Kingdom