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The moves would appear to make Doug Petno and Troy Rohrbaugh the most obvious possible successors to JPMorgan Chase CEO Jamie Dimon.
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While luxury goods sales are expected to grow between 1% and 4%, experiences are on track for growth of between 3% and 7% this year, according to a new report.
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Same-store sales growth at Darden's fine-dining restaurants and Olive Garden fell short of expectations.
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The stock market rally turbocharged charitable giving in 2025, but primarily from wealthy donors.
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Leagues, teams and media networks are increasingly meeting younger fans on social media as platforms like TikTok, Roblox and YouTube capture most of their time.
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The announcements followed the release of the Federal Reserve's annual stress test, which found that all 32 large banks weathered a hypothetical recession.
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The Fed's annual exercise comes at a pivotal moment for bank regulation because, unlike previous years, the results will not affect capital requirements.
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Toyota has notably leaned into hybrid vehicles while GM and others bet on all-electric vehicles, which saw lower-than-expected adoption from consumers.
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كشفت تفاصيل جديدة حول صندوق Valor الأخير الذي أعلن العام الماضي عن جمع رأس مال غير محدد. تسعى Valor الآن لجمع 2.5 مليار دولار في الصندوق السابع.
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EV startup Slate Auto CEO Peter Faricy told CNBC that every vehicle the company produces will be gross margin positive.
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FedEx posted strong fiscal fourth quarter earnings on Tuesday in the company's last quarter that included the freight business before its spin-off.
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Changes to the PGA Tour are designed to elevate competition and raise payouts for winners.
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