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XPeng Loss Narrows on Higher Sales
XPeng’s second-quarter net loss narrowed on stronger sales, higher revenue from its collaboration with Volkswagen and improved margins.
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Boeing pauses tests of 777X aircraft after finding damage to one of the jets structures
It wasn’t immediately clear how the grounding would affect certification and delivery of the new 777X aircraft.
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Harris proposes raising the corporate tax rate to 28%, rolling back a Trump law
The vice president is rolling out her first revenue-raising policy proposal as the Democratic presidential nominee, and drawing a contrast with GOP opponent Donald Trump.
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Veteran investor Mark Mobius says this ‘historically significant’ factor could set back U.S. stocks
Markets have been volatile, and the emerging markets investor told CNBC that he has been closely monitoring one metric in the United States.
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Asia-Pacific markets climb; China holds loan prime rates and RBA minutes in focus
China’s loan prime rates were held at 3.35% for the one-year LPR and 3.85% for the five year LPR, in line with expectations
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Trump defends Fed policy talk, hints at rate-cut push
High interest rates have intensified focus on decision making at the Fed, as mortgage costs have hobbled would-be homeowners.
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Residents torn over $600 million Norfolk Southern derailment settlement as crucial deadline looms
Researchers studying the health of East Palestine residents and tracking respiratory problems, rashes and other ailments say it may not be clear for years what the long-term implications of the derailment will be.
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A potential $86 billion deal for 7-Eleven would fulfill a decades-long dream for a Canadian founder
Founder and executive chairman Alain Bouchard is one of Canada’s richest, with a fortune of about $8 billion.
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Tech billionaire Ron Conway blindsided by crypto allies: report
The legendary investor and major Democratic donor reportedly sent a scathing email after learning about a plan to block Sen. Sherrod Brown from winning reelection in Ohio.