Business

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In a groundbreaking move, Morgan Stanley has given the green light to its financial advisors to offer bitcoin exchange-traded funds (ETFs) to eligible clients. This decision sets the bank apart from its Wall Street counterparts and underscores the mainstream acceptance of bitcoin in the financial world. Morgan Stanley’s 15,000 financial advisors will be able to
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Boeing, the aerospace giant, has recently appointed Robert “Kelly” Ortberg as its new CEO, in an effort to navigate its way through numerous challenges in the wake of safety and manufacturing crises. Ortberg, a long-time aerospace veteran, will be taking on the role starting on Aug. 8. This appointment comes at a critical time for
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The recent lawsuit filed by Washington, D.C.’s Attorney General Brian Schwalb against StubHub shines a light on the shady practices of this online ticket exchange platform. The allegations of deceptive and unfair pricing practices have raised concerns among consumers and lawmakers alike. StubHub’s use of deceptive advertising, such as hiding true ticket prices and adding
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McDonald’s executives have recently admitted that consumers find the company’s prices too high, especially lower-income consumers who are now more hesitant to spend money due to high inflation rates. They have acknowledged the need for a “forensic approach” to evaluate their pricing strategy and create better value for customers. The company’s second-quarter earnings were worse
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McDonald’s is set to announce its second-quarter earnings, and according to analysts, they are expecting earnings per share of $3.07 and revenue of $6.61 billion. This is crucial information for investors and stakeholders as they await the latest financial results from the burger chain. Despite the high expectations for earnings, McDonald’s stock has experienced a