Business & Markets
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Sen. Jon Tester Proposes Balanced Budget Amendment to Address Growing Debt
Washington should not ‘pass an unpayable bill onto our kids and grandkids,’ the democrat senator says.
Disney to Reduce Number of Marvel Movies as Stock Plummets
CEO Bob Iger says focus will be on ‘quality,’ as shares fell by more than 9.5 percent. This was Disney’s worst single-day decline in 18 months.
Reddit Incurs $575 Million Quarterly Loss Despite 48 Percent Revenue Growth
The company’s shares rose by over 14 percent in after-hours trading on Tuesday.
Microsoft Investing $3.3 Billion to Build Artificial Intelligence Data Center in Wisconsin
The tech giant has committed to employing up to 2,000 people in permanent roles at its Racine facility.
San Diego COVID Test Maker to Lay Off Half Its Workforce
In 2021 amid the pandemic, Cue Health was valued at $2.3 billion. Now it’s worth about $22 million.
Pfizer Pauses Experimental Gene Therapy Trial After Boy’s ‘Sudden’ Death
Pfizer said it is working with regulators and the Data Monitoring Committee to learn more about the boy’s potential cause of death.
Are Government Departments Above the Laws They Pass?
Federal authorities were sued for damage to a sacred Indigenous site in the Northern Territory.
Former Australian PM Joins Billion-Dollar Net Zero Fund
The Energy Transition Fund will back investments in solar, wind, battery, and other emerging technologies.
Australians Can Have Entries About Themselves Removed From Google
The ’results about you' tool allows users to see whether they show up in search results, and request the removal of personally identifiable information.
Billionaire Ken Griffin Doesn’t See Fed Achieving 2 Percent Inflation Without ‘Real Recession’
Hedge fund manager expects central bank to cut interest rates in December.
