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Monster Beverage launches $3 billion stock buyback
Beverage company’s chief executive may sell up to about $33 million of stock to provide “flexibility.”MarketWatch - Business -
Munich Re Says Full-Year Profit Could Top €5 Billion
The German reinsurer posted net profit for the first three months of 2024 of $2.3 billion, in line with preliminary figures, and said it was “more likely” it would surpass its full-year profit target.The Wall Street Journal - Business -
FTX files plan to fully reimburse customers it defrauded of billions
FTX says that nearly all of its customers will receive the money back they are owed, two years after the cryptocurrency exchange imploded.CBS News - Top stories - Crypto -
Bill Hwang lost $35 billion in a spectacular trading implosion. Now, prosecutors will try to prove it was a crime.
The hedge fund trader stands accused of misleading banks and manipulating prices through huge, shadowy stock buys, but he argues he did nothing illegal.MarketWatch - Business -
Biden to announce $3.3B AI investment by Microsoft at scaled-back Foxconn site once touted by Trump
President Joe Biden will travel to Racine, Wisconsin, to announce a $3.3 billion investment by Microsoft to build a new artificial intelligence data center.NBC News - Top stories - Joe Biden -
Biden plugs $3 billion Microsoft AI investment at Wisconsin site where Trump-touted Foxconn plant flopped
President Joe Biden on Wednesday talked up a Microsoft Corp. plan for a data-center complex in Wisconsin’s Racine County, while also criticizing GOP presidential nominee Donald Trump’s economic record in that part of the swing state.MarketWatch - Business - Joe Biden -
Affirm’s upbeat earnings reflect differentiated buy-now-pay-later approach
Affirm, the buy-now-pay-later company, issued upbeat results and guidance.MarketWatch - Business -
Icahn Enterprises says it will keep paying its $1 quarterly dividend
Carl Icahn’s investing arm narrowed its loss in the first quarter even as revenue fell.MarketWatch - Business -
From Perth to the Premier League: Cameron Burgess revels in success as hard work pays off
The Australian defender’s path to the top flight has not been straightforward but under manager Kieran McKenna at Ipswich Town he has thrived . Never give up. Keep working hard, believe in yourself and never throw in the towel. Those cliches are ...The Guardian - World -
Kai Cenat's riot charges dropped after he apologizes and pays for Union Square mayhem
Charges of inciting a riot will be dropped against streamer Kai Cenat after he agreed to pay restitution and apologize for luring thousands of fans to New York’s Union Square last yearABC News - Tech -
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Credit scores got ‘artificially higher’ during COVID. Now many borrowers can’t pay their debts.
Pandemic-era policies appear to have produced “artificially higher” consumer credit scores, according to Columbia Threadneedle.MarketWatch - Business -
Video shows former Arizona Republican official at the Capitol on Jan. 6
Zach Henry, who was working as the communications director for the Arizona Republican Party at the time, can be seen on video among the crowds outside the U.S. Capitol on January 6, 2021. Henry is seen filming a post that was posted on social ...NBC News - Top stories -
6 Best Phones With Headphone Jacks (2024): Flagship, Budget, and Dongle Recommendations
Headphone jacks are endangered, but they’re not gone. Here are our favorite smartphones that still let you plug and play.Wired - Tech