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Business
Disney CEO defends massive AI deal, says creators won't be threatened
After Disney announced a $1 billion equity investment in OpenAI, CEO Bob Iger assured creators in an interview Thursday their jobs would not be threatened. The rise of…
Southwest CEO calls airport lounges 'huge' benefit for customers as carrier explores expansion: report
Southwest Airlines is reportedly pursuing the launch of its own network of airport lounges as the carrier looks to expand its premium offerings. The Dallas-based airline,…
Costco shatters records with massive pizza and pie sales during holiday season
Costco Wholesale is moving through the holiday season with momentum, unveiling a string of record-breaking sales that helped drive a stronger-than-expected first quarter. …
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Cinnamon powder recalled across 14 states over potential 'elevated levels of lead'
Federal officials announced Tuesday a recall of certain cinnamon powder products due to potential high levels of lead contamination. The recall affects Lucky Foods brand…
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JetBlue to open first-ever airport lounge at JFK next week
JetBlue is unveiling its first-ever airport lounge at New York’s John F. Kennedy International Airport in a major push to expand its premium services, the airline announced…
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Financial officers call on major corporations to review healthcare costs with transparency data
FIRST ON FOX: In a collective initiative, state financial officers are pressing Fortune 500 corporations to conduct comprehensive reviews of their healthcare spending. They…
Lululemon shares jump after chief Calvin McDonald announces departure
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Lululemon said its chief executive would step down at the…