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The Latest Breaking News on Business

Saks Global culls large chunk of its corporate workforce

About 640 jobs will be cut. When Saks filed for bankruptcy in January, it employed about 17,000 people

The Independent UK

5 Signs You're Invisible in AI Search (And What To Do About It)

Soarion specializes in AI search visibility, helping mid-sized companies earn citations and referral traffic from the platforms their customers already use.

International Business Times

Everyone is losing on ‘sucker-bet’ laden prediction markets except a few seasoned pros

Platforms like Polymarket and Kalshi have seen a huge surge in business - but there are growing calls for greater regulation

The Independent UK

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Are Wall Street Analysts Bullish on Altria Stock?

Altria has underperformed the S&P 500 Index over the past year, but analysts are fairly upbeat about the stock’s future prospects.

Barchart

What Are Wall Street Analysts' Target Price for Coterra Energy Stock?

Coterra Energy has outperformed the S&P 500 Index over the past year, although analysts maintain a cautiously optimistic outlook on its long-term prospects.

Barchart

Netflix, Pulte, and Mobileye Are Buying Their Own Dips—Should You?

Netflix leads a list of consumer discretionary stocks adding significant buyback capacity as their shares struggle to move higher.

MarketBeat

Alphabet Stock: Analyst Estimates & Ratings

Alphabet has outpaced the broader market over the past year, and analysts remain strongly bullish on its outlook.

Barchart

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'Let's Buy Spirit' Campaign Raises $23M In Pledges After Viral TikTok Joke — Why It Won't Work

Voice actor Hunter Peterson's viral campaign drew $23M (£18M) in non-binding pledges to buy Spirit Airlines. Analysts say the effort has no path forward.

International Business Times UK

GameStop Makes $56 Billion Bid For eBay, Signals Readiness For Shareholder Fight

GameStop has proposed acquiring eBay in a deal that would create a major online commerce group spanning retail stores and digital marketplaces, with CEO Ryan Cohen indicating he is prepared to take the bid directly to shareholders if necessary.

International Business Times

Why Lockheed Martin's Earnings Miss Could Be a Blessing in Disguise

Lockheed’s earnings miss sent the stock to fresh lows, but with guidance intact and the stock deeply oversold, the setup is starting to look attractive.

MarketBeat

Foreclosure rates climb to six-year highs as cities in one region hit the hardest

For cities with at least 200,000 people, the South was hit hardest

The Independent UK

Shares of eBay jump take off on a $56 billion buyout bid from GameStop's Ryan Cohen

Shares of eBay are soaring before the opening bell after Ryan Cohen's GameStop announced an attempt to take over the company for about $56 billion, seeing it as a vehicle to compete with online retail giant Amazon

The Independent UK

Who Is Brian Niccol? 'Tone Deaf' Starbucks CEO Slammed for Justifying $10 Coffee as 'Affordable Premium Experience'

Starbucks CEO Brian Niccol faces online backlash for calling a $9 coffee an 'affordable premium experience' while earning $96 million in his first year.

International Business Times UK

"Punctuation Matters. At the Heart of This Case Is the Placement of a Comma"

From Remus Enterprises 1, LLC v. Breece, decided Thursday by the D.C. Court of Appeals (Judge Shanker, joined by Judges… The post "Punctuation Matters. At the Heart of This Case Is the Placement of a Comma" appeared first on Reason.com.

Reason

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Fortune

Diary of a CEO founder Steven Bartlett hired someone with 'zero' work experience because she 'thanked the security guard by name' before the interview

A virtually blank resume may spook employers, but job candidates don’t need a lengthy work career to land a gig—after all, one of Steven Bartlett’s best hires only had two lines on her CV.

Euronews

GameStop launches $56 billion takeover bid for e-commerce giant eBay

The gaming retailer GameStop has launched a surprise $56 billion (€47.8bn) bid to acquire the online marketplace eBay, marking a potential aggressive expansion into global e-commerce.

International Business Times UK

Sony PlayStation Lawsuit: Unfair PSN Price Hikes Lead to $7.8M Judge-Ordered Refund

Sony reaches a $7.85 million settlement in a major antitrust lawsuit, potentially refunding millions of PlayStation users over inflated digital game prices on the PlayStation Store.

The Guardian - US

Spirit Airlines says it has nearly finished refunding customers after shuttering

Budget airline left thousands stranded on Saturday after ceasing operations amid financial troubles

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We Got This Covered

Arizona woman flew Southwest with family because it was the cheapest option. Then she realized the airlines doesn’t care: ‘I avoid them’

Absolutely no one is happy about Southwest’s new policies.

TechRadar

Microsoft's CEO promised the world to consumers in a speech about fixing Windows 11 — but one thing Satya Nadella said worries me

Satya Nadella talking about consumers in relation to Windows 11 is mostly reassuring, with a notable exception.

Kiplinger

These 7 Investment Behaviors Hurt Retirees the Most, But It's Not Too Late to Change Your Ways

From holding too much cash to failing to factor in taxes, these investment behaviors can hurt more in retirement, when you've less time to recover from mistakes.

MarketBeat

Roblox Stock Slides to New Low as Safety Changes Weigh on Outlook

Roblox shares fall to a new low after lowering guidance tied to safety changes. Softer user trends and margin pressure are weighing on sentiment.

The Guardian - US

Less financial stability, smaller social safety nets: inside the gen Z investing boom

Apps, AI tools and shaky job prospects are pushing gen Z into markets earlier, blending caution with risk-taking

Fortune

Eventbrite CEO sold her company for $500 million—without a job for the first time since 15, she’s playing chess with a robot and eyeing internships

Julia Hartz, the cofounder and CEO of ticketing platform Eventbrite, made a $500 million exit and is now considering her next career move as a free agent.

The Independent UK

The ‘busiest Trader Joe’s in the world’ is temporarily shutting down

Frequent shoppers are hoping the renovation will help reduce the location’s notoriously long lines

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