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Saks Global's executive chairman, Richard Baker, is taking over the luxury retailer he created with the 2024 acquisition of Neiman Marcus and Bergdorf Goodman.
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As the largest maker of electric vehicles in the United States, Tesla suffered more than other carmakers from the elimination of federal incentives.
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;Resize=(620)) Tesla lost its crown as the world's bestselling electric vehicle maker on Friday, as a customer revolt over Elon Musk's right-wing politics and stiff overseas competition pushed sales down for a second year in a row.
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