Business

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This past week proved to be disastrous for several prominent beauty stocks, underscoring the volatility inherent in this sector. Companies like E.l.f. Beauty and Estée Lauder faced significant losses as they revealed underwhelming financial results and reduced future guidance. E.l.f. Beauty, in particular, suffered its worst weekly performance since August 2018, with stock prices plummeting
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On a pivotal Thursday, the National Collegiate Athletic Association (NCAA) announced a new policy regarding transgender student-athletes that has stirred significant debate. The revision came swiftly in the wake of an executive order from President Donald Trump, which threatened to cut federal funding to educational institutions that permit trans women to participate in women’s sports.
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In an era where cross-border trade dynamics are in constant flux, the toy-making giant Mattel finds itself at a critical crossroads. With escalating tariffs imposed by the Trump administration, particularly on Chinese imports, the company’s strategy for pricing its beloved products—like Barbie dolls and Hot Wheels cars—faces significant changes. As the company contemplates raising prices,
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In a significant shift within the autonomous vehicle landscape, General Motors (GM) has announced a substantial reduction of its workforce at Cruise, the self-driving taxi subsidiary that has recently ceased operations. The decision to lay off approximately 50% of Cruise’s remaining employees reflects GM’s pivot away from the ride-hailing market, highlighting broader challenges in the
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The intricate relationship between Hollywood and its northern ally, Canada, has reached a critical juncture following President Donald Trump’s recent trade policy announcements. As tensions between the U.S. and Canada rise with new tariffs imposed on Canadian goods, industry insiders are increasingly concerned about the potential ramifications for film and television production. Canada, often referred
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The tragic collision between an Army Black Hawk helicopter and an American Airlines jet at Ronald Reagan Washington National Airport has raised serious questions about aviation safety protocols. This unfortunate event not only claimed the lives of all 67 individuals aboard but also stirred immediate actions from aviation authorities. In response, the Federal Aviation Administration
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As the specter of a 25% tariff on imports from key trading partners like Canada and Mexico swings like a pendulum over the North American automotive industry, tensions are palpable. Automakers across the continent are on heightened alert, juggling their manufacturing strategies and corporate planning in an environment marked by volatility and uncertainty. This ongoing