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Investing
KB Home stock slips despite earnings beat, raised forecast and ‘steady’ demand
KB Home shares declined in the extended session Wednesday even after the home builder reported results that topped Wall Street estimates, hiked its revenue forecast…
Bank of England pauses rate hikes as inflation falls
The Bank of England paused its historic interest rate hiking campaign for the first time in nearly two years Thursday after inflation fell…
Opinion: Instacart shares slump to their IPO price as investors have second thoughts
Shares of Instacart, the online grocery-delivery service, slumped to their initial public offering price on Wednesday, as investors appeared to have second…
Live sports is migrating to streaming, taking with it a superpower of the cable TV bundle
Editor’s Note: A version of this article first appeared in the “Reliable Sources” newsletter. Sign up for the daily digest chronicling the evolving media…
Hollywood writers reportedly near deal with studios to end strike
Hollywood writers and studios are reportedly near an agreement to end one of the months-long strikes that have brought production of TV shows and movies to a halt.…
US says it has no evidence that Huawei can make advanced smartphones ‘at scale’
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world.…
JPMorgan gives Dollar General its worst rating after company presentation
Dollar General CFO Kelly Dilts and Director of Investor Relations Marianne Denenberg travelled to London for a JPMorgan conference, and got a downgrade by the bank…
The UK is delaying the switch to electric cars. Automakers are furious
The UK government said Wednesday it would delay a ban on the sale of new gas and diesel cars by five years, angering carmakers who warned the…
Toshiba is set to delist in Japan after 74 years as part of $14 billion deal
Toshiba said on Thursday that a $14 billion tender offer from private equity firm Japan Industrial Partners (JIP) had ended in success — a…
Asian markets dip ahead of Fed decision on interest rates
TOKYO — Asian shares declined Wednesday as markets awaited a decision on interest rates by the Federal Reserve. Japan’s Nikkei 225 JP:NIK fell 0.1% in morning…