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‘The tide went out’: How a string of bad loans has bank investors hunting for hidden risks
Investors are focused on a specific type of lending made by banks to non-depository financial institutions, or NDFIs, as the source of possible contagion.
Free returns are not a given anymore, as retailers deal with rising costs
A surge in product returns seen through the pandemic is leveling off as retailers’ generous return policies have become “harder to sustain,” a new report says.
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Why Micron is pulling out of the data-center chip business in China
The memory-chip maker reportedly hasn’t recovered from a Chinese government ban on part of its chip business in 2023.
Apple and F1 reach 5-year media deal, bringing all races to Apple TV streaming in the U.S.
Apple and Formula 1 announced their long-awaited five-year U.S. media rights deal that will bring all U.S. televised races to Apple TV
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Barstool Sports founder Dave Portnoy buys record-setting $28 million waterfront estate in Florida Keys
Barstool Sports president Dave Portnoy has reportedly purchased a new “sanctuary” in the Florida Keys for a staggering price.
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Spotify says it’s working to protect artists from AI abuse, but the streaming company’s track record is shaky
After years of fighting scams and fraud, the music-streaming company announced it is joining forces with three major music labels to develop AI products that can help artists.
