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US household debt soared to nearly $15 trillion last quarter |
Americans have more debt than ever before. Read more » |
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Oil companies are wooing skeptical investors with cash. Will it work? |
Wall Street isn't convinced that the world's biggest oil firms can successfully overhaul their businesses as the climate crisis accelerates. Read more » |
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New York City will require vaccines for entry to restaurants and gyms |
New York City will require proof of vaccination to enter all restaurants, fitness centers and indoor entertainment venues, Mayor Bill de Blasio announced Tuesday. Read more » |
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Tencent cracks down on screen time after Chinese state media says gaming is 'spiritual opium' |
Tencent has announced new limits on the amount of time minors can spend playing the company's online games, even as investors worry that China may extend its historic crackdown on the private sector to the gaming industry. Read more » |
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Alibaba to face investors as Beijing's business crackdown grows |
Alibaba is still an online shopping behemoth in China. But the tech titan has been slammed in recent months by Beijing's widening crackdown on private business, stoking concerns about its future. Read more » |
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PepsiCo is selling Tropicana as customers continue to ditch juice |
PepsiCo is selling a controlling stake of its juice brands, which includes Tropicana and Naked, to a private equity firm in a multibillion dollar deal. The sale is part of the company's broader efforts to focus on faster-growing beverages as customers increasingly ditch sugary drinks. Read more » |
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