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Business
Mortgage demand plummets as high rates squeeze buyers
A key measure of home-purchase applications tumbled last week to a nearly three-decade low as consumer demand cooled sharply amid a recent surge in mortgage rates. The…
UK and eurozone housebuilding hit by ‘perfect storm’
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Today’s top storiesGerman chancellor…
Roku cuts 10% of workforce, slows down on new hiring
Roku Inc. is cutting 10% of its workforce and curbing hiring plans in an effort to lower expenses, the company said Wednesday in a regulatory filing. The video streaming…
Barratt warns it will be at least 2 years before recovery for new homes
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The chief executive…
Former labor secretary warns Americans are going to be working for AI platforms: ‘Extremely destabilizing’
Former Labor Secretary Robert Reich is warning that artificial intelligence will transform the relationship between employers and employees — and that many Americans will find…
Early onset cancer cases rise 80% in past three decades, BMJ survey finds
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Cases of cancer in the under-50s have surged almost 80…
Google reaches tentative settlement in lawsuit alleging customers were overcharged in US Play Store
Alphabet-owned Google tentatively settled a class action lawsuit on Tuesday brought by 21 million consumers claiming the company overcharged its customers on the U.S. Google…
Virgin Media O2 buys Russian-backed broadband provider
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Virgin Media O2 has struck a deal to acquire UK…
Meta starts its return-to-office policy mandating three in-person days for some workers
Some workers at Meta Platforms were required to begin reporting for work in person three times per week under the social media company’s office policy that became effective…
Can Sequoia get its spark back?
One thing to start: Saudi Arabian telecoms group STC is acquiring a nearly 10 per cent stake in Telefónica valued at €2.1bn, a move that marks the latest foray by…