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Home Depot’s $5 billion purchase of an unsexy building products distributor is a prime example of smart M&A
The home-improvement retailer has been deliberate in its efforts to win the pro contractor market.
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Starmer guts UK welfare reforms to avoid Commons defeat
Government wins vote but watered down measures will leave a multibillion-pound hole in public finances
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Starbucks’ biggest threat just came to the U.S. Luckin Coffee opens two NYC locations
Luckin Coffee is China’s biggest coffee chain.
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Figma files for IPO nearly two years after $20 billion Adobe buyout fell through
The design software startup, helmed by cofounder Dylan Field, moved closer towards one of the most anticipated public offerings of the year.
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Amazon CEO Andy Jassy says AI will probably mean fewer jobs after 27,000 people have already been cut from its workforce
“I think that AI and generative AI specifically is the most transformative technology of our lifetime, which is saying a lot, given that we have had the internet,” he told CNBC.