Business
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News
Questions Swirl About NBCUniversal’s Future After C.E.O.’s Shocking Firing
Mike Cavanagh, now in charge of NBCUniversal, is meeting with talent including Lester Holt and Jimmy Fallon as he ponders next steps for the business.
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News
Berkshire Hathaway Reports Major Investment Losses in 2022
After a $22.8 billion loss, Warren Buffett called the figure “100 percent misleading” and urged shareholders to focus on his empire’s overall health.
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Newyork
Red McCombs, Used Car Salesman Turned Media Mogul, Dies at 95
A Texas entrepreneur, he co-founded the media giant Clear Channel, owned pro sports teams and created more than 400 businesses in a variety of industries.
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News
Beyond Silicon Valley, Spending on Technology Is Resilient
Despite an uncertain outlook, corporations plan to continue investing in their digital projects — a source of stability for the economy.
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US
Amazon Reports Almost No Profit and Slowing Growth
The company indicated the slowing growth and tight margins would continue in the first three months of this year.
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World
This Mogul Lost $36 Billion in Days. Who Is He, and What Happened?
Gautam Adani is facing perhaps his biggest challenge yet as a small U.S. investment firm accuses his Indian conglomerate of fraud and stock manipulation.
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News
Microsoft Revenue Up 2 Percent, but Profit Drops 12 Percent
The company, which announced plans to lay off 10,000 workers last week, had warned that is was facing a significant slowdown in the growth of its sales.
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News
Goldman’s Pitch to the Little Guy Turns Costly, as Struggles Mount
Goldman Sachs will take a big hit from its ill-fated move into consumer banking, even as its other businesses weaken amid an economic slowdown.
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World
Japan’s Business Owners Can’t Find Successors. This Man Is Giving His Away.
Hidekazu Yokoyama has spent three decades building a thriving logistics business on Japan’s snowy northern island of Hokkaido, an area that provides much of the country’s milk. Last year, he decided to give it all away. It was a radical solution for ...
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US
Trump Tax Returns Undermine His Image as a Successful Entrepreneur
The release of former President Donald J. Trump’s private tax documents by the House Ways and Means Committee shows heavy losses from his own ventures as he continued to cash in on inherited assets.