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Porsche Profit Slumps 30% on Model Renewals, China Downturn
Porsche AG’s profit plummeted during the first quarter for the weakest result since listing in September 2022 after model changeovers and soft demand in China weighed.
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Google Pixel 8a gets 7 years of updates and AI features, leak reveals [Gallery]
As we quickly approach the launch of Pixel 8a, another set of new leaks have revealed that the mid-range smartphone…
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It doesn’t matter how many Vision Pro headsets Apple sells
This week, there was a lot of back and forth about Apple Vision Pro production numbers. Here’s why they don’t matter.
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The FBI Was Monitoring Student Protests Against Ben Shapiro
The ongoing student protests over Israel and Palestine have become the center of a national controversy, with members of Congress calling for National Guard deployments and terrorism financing investigations against the protesters. But a few years ago, the federal government was interested in a very different sort of campus controversy: whether right-wing journalist Ben Shapiro […]
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Russia-Iran Military Alliance Gives Israel Cause for Concern
Israel’s trading of missile attacks with Iran this month may be on hiatus, yet the unprecedented direct clash between the two old foes has raised questions over the role played by Russia in the unfolding Middle East crisis.
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Muni Regulator Warns About Risks of Buying Build America Bonds
The municipal-bond market’s regulator issued a warning to investors about the risks of buying Build America Bonds that are trading at more than 100 cents on the dollar, which exposes buyers to potential losses as governments increasingly buy them back under refinancings.
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US Consumer Sentiment Falls as Inflation Expectations Climb
US consumer sentiment fell in April on dimmer views of personal finances and the economy as inflation expectations climbed.
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End of ‘Scorched Earth’ Years for US IPOs Hinges on Lower Rates
Companies are increasingly piling into a re-energized market for initial public offerings, and if the Federal Reserve finally stops punting on interest rate cuts, the trend may have room to run.
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Xbox Console Sales Down Another 30% As Microsoft Moves On
Microsoft has been well behind its competitors Sony and Nintendo for years now in terms of hardware sales, and now it’s clear they simply want to transform into a diff…
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