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Leopold Aschenbrenner's fund was forced to sell most of its $16 billion stock portfolio to Citadel.
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The tech giant's free cash flow crashed from $8.55 billion to $784 million, and next year's AI bill could be even bigger.
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Giants "Suspending Payment" To Harrison Bader After Scooter Accident MLB Trade RumorsGiants gathering details about Harrison Bader's late-night scooter crash The New York TimesTony Vitello may have just created a major off-the-field problem for the San Francisco Giants sports.yahoo.comGiants suspend payment on Bader's salary following scooter crash MLB.com
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Trump blames Minnesota water hacks on Walz, while evidence points to Iran PoliticoFact check: Trump baselessly claims Walz is ‘behind' cyberattack, repeats debunked claims at Cabinet meeting CNNPresident Trump casts doubt on possible Iranian role in cyberattacks targeting US water systems KCRATrump Blames Minnesota, Not Iran, for Cyberattack, Despite Initial Investigation The New York Times
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Russia and Ukraine report casualties as they continue to trade attacks Al JazeeraRussia pounds Kyiv with missiles ReutersRussia Strikes Ukraine With Missiles and Drones, Killing at Least 8 The New York TimesPoland blames Russia for firing missile into its territory as Moscow unleashes deadly attack on Ukraine CNN
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Investors say the hedge fund deal reassured jittery traders in tech stocks
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Kashkari and Hammack joined Dallas Fed President Lorie Logan in dissenting against holding the Fed's key overnight borrowing rate steady.
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Wall Street ends higher as Amazon soothes AI jitters ReutersStock market today: Dow, S&P 500, Nasdaq rise to cap volatile July as Big Tech AI spending ramps up Yahoo FinanceUS stocks rise to finish a wild July as Amazon soars, Apple sinks and inflation worries worsen Dallas NewsAmazon and Apple Deliver the Drama to Close a Turbulent Month WSJ
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S&P 500 closes higher Friday as Amazon surges; Dow posts fourth straight winning month: Live updates CNBCAmazon and Apple Deliver the Drama to Close a Turbulent Month WSJStock market today: Dow, S&P 500, Nasdaq rise to cap volatile July as Big Tech AI spending ramps up Yahoo FinanceWall Street gains on tech earnings; bond yields hit multi-year highs Reuters
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On its recent earnings call, Amazon said AI demand is fueling faster AWS growth, but capacity still remains limited.
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DR Congo Ebola epidemic becomes world's second largest outbreak Al JazeeraEbola outbreak in DRC the fastest growing in the history of the virus theguardian.comCongo says the death toll in fastest-growing Ebola outbreak has passed 1,500 ABC News - Breaking News, Latest News and Videos
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Shell, Exxon and Chevron report their quarterly earnings this week, and are expected to announce high profits.
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U.S., Israel preparing to bombard energy-related targets in Iran, sources say CBS NewsUS planning renewed strikes on Iran: Reports The HillTrump considering strikes on Iranian energy targets within days AxiosReport: US and Israel weighing attacks on Iran infrastructure NewsNation
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Trump brokers Hamas disarmament deal as Saudi Arabia plans Houthi offensive Fox NewsNew Gaza Plan Hailed by Trump Again Pressures Netanyahu The New York TimesOfficial says Israeli troops won't pull back in Gaza without 'genuine' Hamas disarmament BBCTrump announced a deal for Hamas to disarm. And, the U.S. economy slowed a bit NPROpinion | The Gaza Road Map vs. Trump Peace Plan WSJ
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Trump's Gaza Deal Sparks Questions on Whether Israel and Hamas Will Comply The New York TimesTrump brokers Hamas disarmament deal as Saudi Arabia plans Houthi offensive Fox NewsMiddle East expert says Trump's Hamas disarmament plan ‘likely to fail' MS NOWOfficial says Israeli troops won't pull back in Gaza without 'genuine' Hamas disarmament BBCTrump touts Hamas disarmament deal, but uncertainties remain Los Angeles Times
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UEFA and Concacaf's rejection of FIFA's plan to sell a 20% stake in the World Cup's commercial operations highlights uneasiness with private equity in sports.
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Financial planning gets all the attention in a business sale — but the identity, community and sense of purpose you lose the day you sign are what most founders never prepare for, and what defines whether the exit was actually worth it.
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Jersey Mike's priced its initial public offering at $23 per share.
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The maker of Tide and Pampers posted flat organic sales, and the reason is a warning for anyone who has leaned on price.
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Topic: FuturismInventionsPeople love and hate Daylight Savings Time. Or more to the point, they hate the transition to and from it, particularly the spring one where you get 1 hour less sleep. It's even been tracked that traffic accidents go up after this shift.
There's a virtue to DST, though. We've become a night culture, and many of us get up well after sunrise and stay up well into dark, wasting hours of daylight every day. DST reduces that, though if you start the day too soon, you are rising and commuting in darkness. In the "energy crisis" they made year-round DST and many complained their kids were going to school in the dark. Of course, you can just resolve to get up earlier, or later, as you like, and control your own day, but many people must work on dictated schedules, and everybody wants to be in sync with those around them.
In the era before clocks, people tended to wake around sunrise each day. Indeed, the dawn twilight is what woke them up. Then they stayed up for 16 hours. In summer, it was 16 hours of day. In winter, they would get what daylight there was, then stay up into the night. Each day, they got up with the sun, arising at a different time, a few minutes earlier than before from December to June, a few minutes later the other half of the year. This is the natural clock that we evolved to, and is probably best for us.
Japan
Before contact with the west, Japan used a very different system. The day was divided into 12 "hours" or
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 Several investors who push management to perform better are trying to raise hundreds of millions of dollars in new cash to buy stakes in companies beaten down by a historic market selloff, four...
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 Jill Soltau, a veteran retailer leader most recently in charge of Joann fabric and craft stores, will be tasked with fixing JCPenney.
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