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Mattel Q3 Misses on North America Weakness
Mattel missed third-quarter sales and profit estimates on Tuesday, hurt by sluggish retail demand for its toys in North America amid rising economic uncertainty.
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Netflix Q3 Earnings Miss After Tax Dispute in Brazil
Netflix missed Wall Street third-quarter earnings targets because of an unexpected expense from a dispute with Brazilian tax authorities and it offered a forecast a touch ahead of Wall Street projections for the rest of the year.
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Walmart Halts Job Offers for People Needing H-1B Visas
Walmart Inc. - the largest user of H-1B visas among major retail chains - has halted job offers to candidates who require the visa, Bloomberg reports, citing people familiar with the matter.
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Golf Legend Jack Nicklaus Wins $50M Defamation Verdict
A jury in Palm Beach County, Florida, has awarded golf legend Jack Nicklaus $50 million in a defamation case against his former business entity, Nicklaus Cos.
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Beyond Meat Shares Soar on Planned Walmart Distribution
Shares of Beyond Meat leaped more than 80% in active trading Tuesday after the U.S. plant-based meat maker announced plans to expand distribution into Walmart stores.
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NASA Reopening Moon Contract, Challenging Musk, SpaceX
NASA is reconsidering the role of SpaceX in returning U.S. astronauts to the moon. Acting administrator Sean Duffy has signaled growing concern that Elon Musk's company is falling behind schedule.
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OpenAI Debuts Web Browser to Compete With Google Chrome
OpenAI said Tuesday it is introducing its own web browser, Atlas, putting the ChatGPT maker in direct competition with Google as more internet users rely on artificial intelligence to answer their questions.
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Adidas Raises Profit Outlook on Mitigated US Tariffs
Germany's Adidas Tuesday raised its operating profit guidance for the full year, saying it successfully mitigated part of the extra costs caused by higher U.S. tariffs.
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L'Oreal Misses With 4.2% Growth in Q3 Sales
France's L'Oreal, the world's largest cosmetics and beauty player, posted a 4.2% rise in third-quarter sales Tuesday, in an acceleration from the prior quarter, but missing forecasts after weaker-than-expected growth in the Americas.
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JPMorgan Chase Unveils New 60-Story Headquarters
JPMorgan Chase unveiled its new 60-story headquarters to the public Monday, one of the first major office buildings to be constructed after the COVID-19 pandemic and one that will remake the New York skyline for decades.
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Warner Bros Discovery Considering Outright Sale
Warner Bros Discovery WBD.O is considering a possible outright sale of itself due to interest from several potential buyers, even as it moves forward with its previously announced split into two companies, it said Tuesday.
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AWS Outage Grows Fears of Foreign Interference, China's War Plan on US
A week of major outages, including an AWS failure and an Iberian Peninsula blackout, has exposed global infrastructure flaws and raised fears of Chinese cyber probing.
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Walmart Cuts Thanksgiving Meal Price to $4-Per-Person
Walmart Tuesday unveiled its 2025 Thanksgiving meal basket priced at under $4 per person, the lowest since the retailer launched the program in 2022, as U.S. shoppers contend with persistent inflation and wider economic uncertainty.
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Ukraine Approves Raising Defense Spending $7.7B
Ukraine's parliament voted to amend the country's budget for this year Tuesday, raising defense spending by another $7.7 billion.
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Trump to Resume Loan Forgiveness for Teachers, Borrowers Until 2028
The Trump administration says it will cancel student debt for millions of borrowers under a new agreement with the American Federation of Teachers.
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Coca-Cola Q3 Revenue Rises 6% on Higher Prices
The Coca-Cola Co. said Tuesday its third-quarter revenue rose largely due to higher prices.
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GM Lifts Forecast as Tariff Outlook Improves
General Motors lifted its financial outlook for the year and slightly lowered its expected hit from tariffs, as the automaker settles into a more stable trade landscape while confronting a dynamic electric vehicle market and new supply-chain snarls.
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Experts Wary of TikTok Shift From Communist to Islamist Control
President Donald Trump's announcement last month of a deal to keep TikTok alive in the United States set off a new wave of concern in Washington.
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Fannie Mae, Freddie Mac Head: Companies Could Soon Go Public
Bill Pulte, director of the Federal Housing Finance Agency, said Monday that Fannie Mae and Freddie Mac could go public by the end of the year.
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Apple Closes in on $4 Trillion Valuation
Apple shares surged to an all-time high Monday, with the iPhone maker close to becoming the third company to hit a $4 trillion market valuation as data showed strong momentum for the latest iPhone.
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Amazon's AWS Outage Disrupts Apps, Services Worldwide
Amazon's cloud services unit AWS was struggling to recover Monday from a widespread outage that knocked out thousands of websites along with some of the world's most popular apps - Snapchat and Reddit - and disrupted businesses globally.
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WeightWatchers, Amazon Team Up on Weight-Loss Drugs
WeightWatchers said Monday it will partner with Amazon to deliver medications including injectable GLP-1 obesity treatments for its members, a move the telehealth provider said will make it easier for some customers to receive prescriptions.
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iPhone 17 Sales Jump 14% Over Last Model
Apple's iPhone 17 series outperformed its predecessor in early sales in China and the United States, research firm Counterpoint said Monday.
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US Probes Waymo Robotaxis Over Safety Around School Buses
The U.S. National Highway Traffic Safety Administration (NHTSA) said Monday it has opened an investigation into about 2,000 Waymo self-driving vehicles after reports the robotaxis behaved unsafely near stopped school buses.
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Salesforce CEO Backtracks on Guard to California
Salesforce CEO Marc Benioff has backtracked from earlier comments supporting National Guard deployment to San Francisco.