Business

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Business

The latest ultra-luxury train sets its route

With its stunningly beautiful landscapes offering everything from ocean coastlines and mountain ranges to centuries-old fortresses and houses with terracotta roofs stacked on top of each other in a cliff overlooking the Douro River, the Iberian nation of Portugal rarely fails to enchant even the most hardened travelers. While first-time arrivals will usually pass through

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Business

Patients with the deadliest cancer finally have something that works

For decades, a pancreatic cancer diagnosis came with almost no good options.  The disease is usually caught late, spreads fast, and resists most treatments. Patients and their families were often left with months, not years. That grim picture just changed. On Aug. 26, the U.S. Food and Drug Administration approved Rasonque daraxonrasib, a once-daily pill

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Business

Jim Cramer recommends another beaten-down market giant

Jim Cramer told his followers to buy stock in the defeated company Uber the week starting Monday, Aug. 17. A week later, on Aug. 25, Cramer came back on the “Mad Money” Lightning Round with another beaten-down name. I think Reddit is such a buy. No qualifications, no hedging, no “do your own research” preamble.

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Business

Another country tells citizens to avoid non-essential travel to the U.S.

While Canadian travel to the U.S. has been at continued lows since the start of the current administration’s White House term in 2025, an escalating trade war and Trump’s continued antagonism of the northern neighbor brings the diplomatic relationship between the two countries to a new low. On Aug. 21, trade negotiations between the two

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Business

Why Warsh’s Jackson Hole debut may trigger a bond-market shock  

It’s kinda chic to be roaming around Jackson Hole, Wyoming right now — especially if you’re a Fed watcher. And while Kevin Warsh makes his debut speech Aug. 28 as Fed Chairman at the annual economic summit sponsored by the Federal Reserve Bank of Kansas City, the anticipation appears to be more on what he

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Business

Cathie Wood buys $17.2 million of beaten-down AI stock

Cathie Wood is known to double down on volatile technology stocks when others start backing away.  This week, she’s loading up on Cerebras Systems (CBRS), the newest publicly traded AI chip company that’s looking to challenge Nvidia (NVDA). Ark Invest scooped up 93,290 Cerebras shares through its ARK Innovation ETF (ARKK) and ARK Next Generation

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Business

Okta’s AI boom just created a new security problem

Companies worried for years about whether an employee’s password had been stolen. Now they have to worry about AI “workers,” too. Okta (OKTA) reported fiscal second-quarter revenue of $805 million, up 11%, while subscription revenue reached $793 million, up 12%. Remaining performance obligations increased 17% to nearly $4.86 billion. The company boosted its yearly outlook

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Business

Dunkin’ comes back to major market after 12-year absence

More than a decade after exiting a market where it once operated 18 locations, Dunkin’ is looking to reopen a chapter that ended following a contentious franchise dispute. The coffee and donut chain has been pursuing new growth opportunities as it expands its footprint in the U.S. and internationally, including recent moves into markets where

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Business

BofA flips on Everpure after months on the sidelines

Six months ago, most investors still knew this company as Pure Storage (PSTG). In February, the flash-memory storage maker rebranded to Everpure (P) and struck a deal to acquire 1touch.io, a data-intelligence firm, betting its future on more than hardware alone. On Thursday, August 27, that bet started paying off in a way Wall Street

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Business

Palantir’s Pentagon AI surge comes with a question investors can’t ignore

Most Americans will never use Palantir’s Maven software, but they are paying more and more taxes for it. William Blair analyst Louie DiPalma reiterated an Outperform rating on Palantir Technologies (PLTR) on the back of the company’s Maven Smart System, which he said looks to be approaching a $1 billion annual revenue run rate and

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