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Nvidia passes Microsoft in market cap to become most valuable public company
Nvidia shares have multiplied by more than nine-fold since the end of 2022, and the chipmaker surpassed Microsoft to become the most valuable public company.
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The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicator
As the jobless level has ticked up in recent months, the “Sahm Rule” has generated increasing talk on Wall Street.
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Amazon fined $5.9 million for over 59,000 violations of California labor laws
Officials investigated two Amazon warehouses in Southern California and found they “failed to provide written notice of quotas.”
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Morgan Stanley names ‘outsized winners’ to tap the ‘upgrade supercycle’ in a corner of AI
“We think the market underestimates both the pace of innovation and the implications for growth,” said the bank.
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Boeing CEO blasted by Senate panel: ‘It’s a travesty that you are still in your job’
Boeing is under fire after a door plug blew out of one of its nearly new 737 Max planes in January during an Alaska Airlines flight.
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Raising Cane’s managers now make $175,000 as new laws and shortages push fast-food salaries to six figures
Post-pandemic retention issues and California’s mandatory pay law means that the infamously underpaying sector is finally paying up, coughing up six figures in some cases.
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France’s soaring debt could lead to calls to leave the EU, a top bank warns
Far-left and far-right parties from the political fringes have proposed economic plans that centrist figures ripped as excuses to exit the European Union.
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Boomers are stuck in their jobs, and CEOs that reenergize rather than ignore them can reap countless benefits
Workers aged 65 and older are projected to make up 8.6% of the labor force by 2032, according to data from the Bureau of Labor Statistics.
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Boeing CEO Dave Calhoun admits ‘something went wrong’ after a worker who flagged a safety issue got 40 manager calls in a two days
The outgoing CEO tried to persuade a Senate committee that Boeing was serious about safety in the wake of a series of in-flight incidents