Latest in Race Too Close
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Why SoFi’s stock is on track for its highest close of the year
A new partnership helps validate SoFi’s underwriting model at a time some when investors are concerned about the lending business.Business - MarketWatch - October 14 -
Nvidia closes at record as AI chipmaker's market cap tops $3.4 trillion
Nvidia shares closed at an all-time high on Monday as the chipmaker continues to ride a massive wave of demand for its artificial intelligence chips.Business - CNBC - October 14 -
Dow adds 200 points for first close above 43,000
The S&P 500 and the Dow Jones Industrial Average rose to fresh records Monday as investors awaited the next batch of key corporate earnings.Top stories - NBC News - October 14 -
Walgreens says it will close 1,200 stores by 2027, as earnings top estimates
The drugstore chain Walgreens said it plans to close roughly 1,200 stores over the next three years, which includes 500 closures in fiscal 2025 alone.Business - CNBC - October 15 -
Walgreens to close 1,200 stores over next 3 years
Struggling pharmacy chain attempts turnaround amid low drug reimbursement rates and slower consumer spending.Top stories - CBS News - October 15 -
Disney World's Iconic Big Thunder Mountain Ride Will Close For An Entire Year
Disney World's popular Big Thunder Mountain Railroad ride will temporarily close this coming January, and the attraction won't open again until 2026. The extended closure for the Magic Kingdom ride ...Tech - GameSpot - October 15 -
Walgreens to close 1,200 stores over the next three years
Walgreens said Tuesday it plans to close 1,200 stores over the next three years as it seeks to further downsize its footprint amid flagging sales and changing consumer behavior.Top stories - NBC News - October 15 -
Toronto Raptors 2024-25 season preview: Are they close to finding a direction?
Breaking down Toronto's biggest question, best- and worst-case scenarios, and fantasy outlook.Sports - Yahoo Sports - October 15 -
FirstFT: Musk backs Trump election bid with $75mn donation
Also in today’s newsletter, luxury shares fall after poor LVMH results and Boeing raises new capitalWorld - Financial Times - October 16 -
Monsoon flooding closes schools and offices in India's southern IT hubs
Schools, colleges and government offices have shut in parts of southern India as heavy monsoon rains triggered severe floodingWorld - ABC News - October 16 -
"Mysterious black balls" close 2 popular beaches in Australia
A local mayor says the balls littering two beaches in the Sydney area could be "tar balls," which form when spilled oil clumps together with debris in the water.Top stories - CBS News - October 16 -
Walgreens to close approximately 1,200 stores over three years
Pharmacy giant Walgreens announced its plan to close around 1,200 stores over the next three years as retail sales decline. Walgreens has also been dealing with other challenges, including rising ...Top stories - CBS News - October 16 -
Civilians trapped in northern Gaza amid airstrikes and reports of close-quarters combat
Israel says it has killed more than 50 Hamas fighters and denies it aims to remove people permanently from area. Tens of thousands of civilians are still trapped in Jabalia in northern Gaza by a ...World - The Guardian - October 16 -
Trump Contends His Economic Policies Won’t Increase Federal Debt
In an interview with Bloomberg News, the GOP candidate denied his tariff plans would hike the deficit by $7.5 trillion, a widely accepted forecast among economists.Business - Inc. - October 16 -
Walgreens Will Close 1,200 Stores as Pharmacies Try to Define a New Role
Drugstores are suffering in the post-pandemic retail arena, and are increasingly becoming ‘destinations to nowhere.’Business - Inc. - October 16 -
NCAA closes loophole that allowed Oregon to purposely induce late penalty in win
The NCAA football rules committee has issued guidance to close a loophole that allowed second-ranked Oregon to exploit an illegal substitution penalty late in its victory over Ohio State to take ...Sports - ABC News - October 16 -
Big Lots to close another 56 locations in 27 states. Here's where.
Big Lots plans to shutter more stores as part of the Columbus, Ohio-based discount retailer's Chapter 11 bankruptcy process.Top stories - CBS News - October 16 -
At Tesla, Musk Taps Close Confidant for Top Executive Role
Omead Afshar, who used to work in the office of the CEO, has moved into a vice president role with sales and manufacturing operations under him.Business - The Wall Street Journal - October 16 -
Phillips 66 to Close Los Angeles Refinery in Fourth Quarter of 2025
The oil refiner said the unit’s long-term sustainability is uncertain and affected by market dynamics.Business - The Wall Street Journal - October 16