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The price of oil fell sharply on hopes that talks were progressing on reopening the Strait of Hormuz.
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The S&P 500 rose 1.8 percent, pushing past its previous peak at the start of June and capping a big turnaround from a recent sell off in technology stocks.
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The film's explosive success shows how new leaders can step up to the plate when given the opportunity.
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Stock Market Today: Dow Leaps 800 Points; Palantir, SpaceX Earnings in Focus — Live Updates WSJIran war live: Tehran says talks with Oman on Hormuz advancing ‘positively' Al JazeeraTrump administration claims Hormuz deal is close as Iran denies negotiations washingtonpost.comMiddle East crisis live: Rubio hopes US can reac
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First Thing: Trump chastises oil companies for ‘making too much money' from his Iran war The GuardianOil companies are profiting from the US-Iran war. That's a political headache for Trump CNNTrump demands Exxon and Chevron cut gas prices after war-driven profit surge qz.comTrump says Exxon and Chevron made 'too much money
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Bessent says there may be deal Tuesday or Wednesday to open Strait of Hormuz with 'freedom of movement' CNBCLive updates: Drafts of potential US-Iran agreement are ‘being circulated,' Qatar says CNNStock Market Today: Dow Leaps, Oil Slides After Bessent Says Iran Deal Could Be Close — Live Updates WSJQatar Signals Progress Toward Short-Term Deal Between US, Iran Bloomberg.com
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Elon Musk's company outperformed analyst expectations in second quarter but shares dropped as much as 8%
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Growth in the number of weekly hours worked at small businesses hit its highest level in over five years last month, according to Paychex.
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Stocks have shot higher over the past four trading sessions, and investors who are worried about missing out are piling into bullish options bets just to try to keep up.
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A lab-leak proponent is in line for Fauci's old job Politico
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The chain says it removed the peppers from affected restaurants as regulators investigate Salmonella cases tied to Mexican-style quick-service restaurants.
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Novo Nordisk raised its financial outlook as it tries to catch up with rival Eli Lilly in the booming GLP-1 market.
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Chipotle has pulled the affected supply from restaurants and replaced them with peppers from different growers, according to the company.
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P&G CEO Shailesh Jejurikar said the acquisition is a play to grow the company's health business on CNBC's "Squawk on the Street."
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Pfizer said it cut its full-year revenue expectation for its Covid products to $4 billion, down from around $5 billion previously.
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Hughes Network Systems is seeking bankruptcy protection as it works to restructure debt and shift its business toward profitable ventures.
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Health Officials Probe Salmonella Cases Tied to Jalapeño Peppers Served at Chipotle WSJChipotle removes jalapeños amid US salmonella outbreak investigation The GuardianChipotle jalapenos investigated as possible source of salmonella outbreak ABC7 Los AngelesChipotle Pulled Jalapeños Tied to Minnesota Salmonella Cases Bloomberg.com
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The electric vehicle company's leadership reorganization is a lesson for all organizations.
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The fast-food giant replaced its president of U.S. operations, aiming to bring "focus and urgency" to a revamp of its outlets.
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Sources: Darnell Wright agrees to 4-year, $116M deal with Bears ESPNNFL Network: Bears OT Darnell Wright agrees to four-year, $116M extension | Latest NFL News, Analysis & Updates NFL.comDarnell Wright, Bears Reportedly Agree to Historic New Contract with Record Guaranteed Money Bleacher ReportBears agree to four-year deal with OT Darnell Wright NBC Sports
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Livestream, live updates: Lindsay Clancy speaks, agreeing to some facts, as trial continues NBC Boston‘I don't know what's wrong with me': Lindsay Clancy's journal entries detail her personal struggles ahead of slayings The Boston GlobeLindsay Clancy speaks to judge for first time during murder trial; Result could shorten case WCVBLindsay Clancy was ‘calm and cooperative' days after killing her 3 children, psychiatrist says CNN
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As the Danube River dries up, World War II shipwrecks and mammoth bones come into view CBS NewsThe Danube River's water is dropping so low that World War II ships are emerging apnews.comAncient mammoth remains and a Nazi shipwreck: Europe's shrinking rivers reveal past relics CNNSunken Nazi warships resurface as water levels drop ReutersSunken Nazi warships emerge from the Danube as water levels drop to record lows
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Trump Live Updates: Senate Committee Advances Blanche Nomination as Attorney General The New York TimesTodd Blanche is one vote away from confirmation PoliticoCornyn says ‘no alternative but to take his word' over Blanche's declaration that ‘anti-weaponization' fund is dead - US politics live The GuardianAs Blanche's path to confirmation is cleared, Trump's tax audit immunity remains in place AP News
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Chipotle removes jalapeños amid US salmonella outbreak investigation The GuardianChipotle stock falls on potential link to salmonella outbreak in Minnesota CNBCChipotle pulls jalapeños as salmonella outbreak sickens over 100 USA TodayOfficials Probe Salmonella Cases Tied to Jalapeño Peppers Served at Chipotle WSJChipotle jalap
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Man charged with setting largest Spokane wildfire went to prison for killing father PBSMan in custody for allegedly starting Old Trails Fire KREMSpokane arson suspect took a plea deal for death of his father, served prison time in Arizona KXLY.comVisualizing the wildfires in Washington and Oregon, in maps and satellite imagery CNN
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Sources: Falcons, RB Robinson reach 3-year deal worth up to $75M ESPNJahmyr Gibbs' cryptic comments on how long Lions hold-in will continue: 'Only time will tell' Yahoo SportsWhich teams won the MLB trade deadline; Bijan Robinson becomes NFL's highest-paid RB CBS SportsDan Campbell hopes Bijan Robinson deal hastens Jahmyr Gibbs extension The Detroit News
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McDonald's stock has fallen more than 11% this year, dragging its market cap down to roughly $191 billion.
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The fast-food giant promoted Skye Anderson to lead its U.S. business as falling visits and rising check sizes expose a deeper traffic problem at the chain.
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P&G seals $3.8bn deal for supplements company Thorne Financial TimesP&G Agrees to Buy Supplements Maker for $3.8 Billion WSJProcter & Gamble will acquire supplements brand Thorne for $3.8 billion, CEO tells CNBC CNBCThorne to Join P&G Health Care Portfolio Procter & GambleP&G buys s
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Princess Eugenie announces birth of baby girl The IndependentPrincess Eugenie gives birth to a baby girl in Portugal BBCPrincess Eugenie Welcomes Her Third Child, with a Baby Girl Joining 2 Big Brothers! People.comBuckingham Palace: Princess Eugenie welcomes a baby girl in Portugal apnews.comPrincess Eugenie welcomes third child, first daughter USA Today
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S&P 500 hits record high as Iranian and Omani negotiators agree on temporary shipping arrangement
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The Treasury secretary questioned the need for an interest-rate hike.
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US job openings slip to 7.4 million, but labor market remains resilient in face of fighting in Iran ABC News - Breaking News, Latest News and VideosJob openings dipped while hiring rose in June AxiosAmerica's labor market is beginning to find its footing again | CNN Business cnn.comUS Job Openings Edged Lower in June as Layoffs Remained Limited Bloomberg.com
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Hundreds of millions of SpaceX shares that have been off-limits since the IPO become tradable for the first time. That's not great news.
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Iran demands inbound control of Hormuz and outbound oversight, source says reuters.comTrump says Tehran has 'last chance' for deal as negations resume Fox NewsAn Emerging Deal Could Cement Iran's Control of Strait of Hormuz The New York TimesTrump claims active ceasefire talks, but Iran denies direct negotiations The Washington Post
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NASA puts Crew-13's launch-pad escape in the hands of the 11-times-recalled Cybertruck TechSpotUNF grad turned astronaut to take first mission to space in September News4JAXSpacewalk Preps, Health Research on Station as NASA Introduces SpaceX Crew-13 NASA (.gov)NASA puts astronauts' lives in the hands of Tesla's flaky Cybertruck theregister.com
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Higher oil prices propelled a quarterly earnings jump for Saudi Arabia's energy giant, which used pipelines to work around disruptions in the Strait of Hormuz.
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But the country's relative isolation from AI may not last
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Oil prices declined sharply on Monday as hopes rose among investors of a potential de-escalation in the war between the U.S. and Iran.
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Tech-focused secondaries direct investor Savano Capital Partners has closed its fourth flagship fund on $252m, exceeding its fundraising target and marking a step-change in the firm's institutional investor base with its first-ever commitments from public pension plans.
The post Savano lands largest fund yet as institutional LP base broadens into public pensions appeared first on AltAssets Private Equity News.
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Companies are turning to Palantir for greater autonomy over their AI models and data, according to CEO Alex Karp.
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DAFs are gaining in popularity as private firms like Anthropic and OpenAI skyrocket in value and more companies stay private for longer.
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Don't chase a SpaceX stock rally even if earnings are excellent, as a wave of shares will become available for sale.
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It is also the latest move by Visa to expand its value-added services business, which has become one of the company's fastest-growing divisions.
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JPMorgan's U.S. economics team says last week's post-decision press conference by Fed Chair Kevin Warsh was the most troubling since the practice began in 2012 as the U.S. banking giant moved forward their call for a rate increase.
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Revenue from advanced driver-assist systems is expected to surge from just $1.7 billion in 2023, according to a report by Oliver Wyman Forum. The firm also expects massive revenue growth in EV charging services.
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Not all stocks are at all-time highs. Here are three excellent businesses trading for a discount right now.
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