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Tesla China’s Sales Rose in May Amid EV Demand Recovery
Tesla’s sales in China rose in May, as the country’s demand for electric vehicles picked up, thanks to government trade-in programs and consumer interest generated by the Beijing Auto Show.
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British American Tobacco Keeps Outlook
British American Tobacco maintained its 2024 guidance of low-single-digit organic revenue growth as it reported performance for the first half of the year in line with its expectations.
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Cannabis Producer Seeks Boston Beer Merger
In a letter, the Green Thumb CEO outlined the potential benefits of a combination, including allowing the cannabis company to be listed on a major U.S. exchange.
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U.S. Prosecutors Probe Global Hacking-for-Hire Operation
U.S. prosecutors are seeking to extradite an Israeli private investigator from London as part of a probe into an alleged globe-spanning hacking-for-hire operation that targeted opponents of Elliott Management and Exxon Mobil.
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Intel and Apollo in $11 Billion Joint Venture for Chip Manufacturing Plant in Ireland
Apollo to hold an 49% equity interest stake in the joint venture.
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Microsoft confirms layoffs in mixed reality but will keep selling HoloLens 2 headsets
Microsoft is investing billions to put in place graphics processing units for generative artificial intelligence. It’s slowing investment in other areas.