Business

In an eye-catching show of ambition, Brazilian meat conglomerate JBS made its long-anticipated debut on the New York Stock Exchange, opening at $13.65 per share and instantly claiming a market valuation of roughly $30 billion. This colossal valuation not only eclipses that of its American counterpart Tyson Foods, which is hovering around $19.82 billion but
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The recent announcement surrounding the WNBA’s multiyear agreement with E.W. Scripps has stirred up quite the buzz, especially following the league’s extraordinary growth amid a media-saturated sports landscape. This partnership, which sees “WNBA on Ion” becoming a pivotal fixture in the sports broadcast world, symbolizes a significant shift in how women’s sports are perceived and
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The recent approval by the Food and Drug Administration (FDA) for Merck’s preventative monoclonal antibody, Enflonsia, marks a watershed moment in the fight against respiratory syncytial virus (RSV). This development is particularly crucial given the rampant criticism surrounding existing vaccines and treatments, which have often been in short supply and inconsistent in efficacy. The availability
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In the ever-evolving landscape of the automotive industry, the used car market stands out as an anomaly. Last month, we witnessed a marginal but noteworthy decline in used vehicle costs, falling 1.5% from the peak in April. This might sound promising, but it barely masks a troubling reality. Prices remain stubbornly higher than they were
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On Thursday, Lululemon’s fiscal first-quarter earnings report sent mixed signals to investors. While the company surpassed Wall Street’s expectations with earnings per share of $2.60—a slight improvement from the anticipated $2.58—it comes as a surprise since it also slashed its full-year earnings guidance significantly. Moreover, this was the golden opportunity for the brand to shine
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