Tag: creative writing

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Honda, Nissan Call Off Merger Plans, Honda Shares Rise While Nissan's Slide

Nissan and Honda's proposed merger is off, leaving Nissan in search of new partnerships. Honda CEO says the companies will still collaborate on EVs and other technologies. Nissan CEO warns of difficulties for Nissan without a major partner.

Musk Withdraws Offer to Buy OpenAI if Non-Profit Drops Conversion Plan

Elon Musk threatens to scrap $97.4B bid for OpenAI if the company abandons its nonprofit status.

Egg Prices Are Soaring, but Grocers Are Keeping Them Low

Egg prices have reached a record high, driven by an avian flu outbreak. Despite this, grocery stores are keeping prices lower than wholesale costs, using eggs as loss leaders and loyalty rewards to attract customers and avoid empty shelves. However, with demand remaining strong and prices expected to increase further, the effectiveness of these strategies is uncertain.

Musk's Bid to Buy OpenAI Clashes with Lawsuit

Elon Musk's bid to buy OpenAI raises conflict with his lawsuit against their for-profit transition, as OpenAI argues in a letter to a federal court.

Super Micro Computer (SMCI) misses estimates, avoids delisting risk

Super Micro Computer reports preliminary Q2 earnings, expects to avoid Nasdaq delisting with delayed filings by Feb 25 deadline.

Fed Chair Powell Reassures Lawmakers of Measured Approach to Interest Rates

Fed Chair Powell reiterates cautious stance on interest rates, noting strong economy and stubborn inflation. Powell faces questions on monetary policy and Trump administration's economic policies. Fed policymakers plan to move slowly and assess inflation and impact of Trump's policies before adjusting rates.

US Stocks Trade Mixed Amid Tariff Shifts and Inflation Data

Get the latest market updates with Yahoo Finance. Amid ongoing trade policy adjustments, U.S. stocks exhibited mixed performance on Tuesday. Investors await inflation data and monitor Federal Reserve Chair Jerome Powell's congressional testimony. Earnings reports from Coca-Cola, Shopify, and others are also in focus. Stay informed with our live blog for up-to-the-minute market news and analysis.

Anduril Industries in Talks for $28 Billion Valuation Funding Round

Anduril Industries eyes $28B valuation in funding round led by Founders Fund

Amazon's Retail Dominance Remains Key to Its Success Despite AI Ambitions

Amazon's market cap surpassed Walmart's in 2015, but it took nearly 10 years for its revenue to do the same. Now, Amazon's revenue is significantly higher than Walmart's, and its stock price has outperformed Walmart's.

Strattec Security Reports Q2 Profit

Strattec Security Corp. (STRT) reports Q2 net income of $1.3 million, or 32 cents per share. Adjusted earnings were 65 cents per share, on revenue of $129.9 million.