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GDP Contracts Again, Sparking New Recession Angst
GDP Contracts Again, Sparking New Recession Angst
July 28, 2022  |  Economy

The U.S. economy contracted for the second consecutive quarter, with gross domestic product (GDP) decreasing at a 0.9% annualized rate after decreasing 1.6% in the...

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O’Reilly Automotive Sees Jump in Sales to Pros As Stretched Consumers Repair Old Cars
O’Reilly Automotive Sees Jump in Sales to Pros As Stretched Consumers Repair Old Cars
July 28, 2022  |  Retail

Consumers are keeping their cars longer than ever these days amid a sharp decline in the number of new cars available and the higher cost...

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Thai Crypto Exchange Zipmex Seeks Bankruptcy Protection
Thai Crypto Exchange Zipmex Seeks Bankruptcy Protection
July 28, 2022  |  Cryptocurrency

Zipmex is seeking bankruptcy protection in Singapore, the Thailand-based cryptocurrency exchange said Wednesday (July 27). Get the Full Story Complete the form to unlock this...

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Tourism Rebound, Luxury Designer Demand Lifts Kering 1H Results
Tourism Rebound, Luxury Designer Demand Lifts Kering 1H Results
July 28, 2022  |  Retail

A rebound in travel combined with increased demand for luxury apparel pushed Kering to new financial heights in the first half of 2022, with the...

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PaaS Startup mx51 Raises $52.5M to Expand Global Footprint
PaaS Startup mx51 Raises $52.5M to Expand Global Footprint
July 28, 2022  |  Investments

Payments-as-a-service (PaaS) platform mx51 has secured $32.5 million in a Series B funding round, according to a press release on Thursday (July 28). The funding...

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Billionaire Entrepreneur Jack Ma Could Relinquish Control of Ant
Billionaire Entrepreneur Jack Ma Could Relinquish Control of Ant
July 28, 2022  |  International

Billionaire Jack Ma, one of China’s most noted entrepreneurs, could be giving up control of Ant Group. Get the Full Story Complete the form to...

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Russia Plans Amendments to Regulate NFTs
Russia Plans Amendments to Regulate NFTs
July 27, 2022  |  NFTs

The Ministry of Economic Development in Moscow has numerous amendments planned to regulate non-fungible tokens (NFTs), looking to amend the Civil Code and the law...

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Apple Grabs Lamborghini Veteran Luigi Taraborrelli for Its Electric Car
Apple Grabs Lamborghini Veteran Luigi Taraborrelli for Its Electric Car
July 27, 2022  |  Apple

Apple is making strides toward the development of its self-driving vehicles, as it has reportedly hired Luigi Taraborrelli as a senior manager on its electric...

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SEC Panel Weighs Small Business Investor Liquidity
SEC Panel Weighs Small Business Investor Liquidity
July 27, 2022  |  SMBs

The Securities and Exchange Commission’s (SEC) Small Business Capital Formation Advisory Committee will be looking into liquidity challenges for investors of newer businesses, a press...

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