The Impact of Oil Shortages in a Key U.S. Oil Town
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The dwindling oil reserves in Cushing, Oklahoma, a prominent oil town in the U.S., are causing significant ripples in energy markets. This…
UAW Accuses Non-Union Contractors of Violence Against Striking Workers
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The ongoing strike led by the United Auto Workers (UAW) has taken a violent turn as the union accuses non-union contractors of…
Banking Committee Advances Bill to Allow Banks to Serve Cannabis Businesses
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The banking committee of the U.S. Senate has recently made a significant move by advancing a bill that would enable federally regulated…
Iconic American Steel Maker U.S. Steel Attracts Buyer Interest
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Cleveland-Cliffs Emerges as Leading Contender in U.S. Steel Acquisition Cleveland-Cliffs (CLF) has emerged as the strongest contender to acquire the iconic American…
House Speaker Rejects Bipartisan Bill, Increasing Chances of Government Shutdown
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House Speaker Kevin McCarthy has rejected the Senate’s bipartisan bill aimed at avoiding a government shutdown. As a result, the likelihood of…
Oil Futures Surge to $95 per Barrel, Inventory Shortage Preoccupies Traders
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West Texas Intermediate Leads the Way The West Texas Intermediate contract CL00, -0.11% has reached a significant milestone, surpassing $95 per barrel…
Shares of H.B. Fuller Co. Fall on Slower Industrial Demand
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Shares of H.B. Fuller Co. (FUL) dropped after hours on Wednesday following the company’s acknowledgment of slower industrial demand impacting its third-quarter…
Duckhorn Portfolio Announces Retirement of CEO Alex Ryan
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Duckhorn Portfolio, a prominent luxury wine company, has announced that Chief Executive, President, and Chairman Alex Ryan will be retiring. In search…
Adlai Nortye Reduces IPO Size
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Adlai Nortye, a biotechnology company, is adjusting its initial public offering (IPO) to decrease its investment in program development. According to a…
Tesla's Third-Quarter Deliveries Facing Concerns as Analysts Lower Estimates
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Analysts are closely watching Tesla’s third-quarter deliveries and revising their estimates, which is causing unease among investors. However, it’s essential to look…
Mixed Performance in Asia-Pacific Stocks
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Hong Kong – The Hang Seng Index (HSI) closed with a gain of 0.8% at 17,611.87. Notably, renewable energy equipment company Xinyi…
Everyman Media Group Reports Widened Pretax Loss for H1 2023
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London, United Kingdom Everyman Media Group, a leading cinema company in the UK, has announced a widened pretax loss for the first…