Business News
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Stock market today: Wall Street drifts as Oracle soars and banks and oil slump
U.S. stocks drifted to a mixed close following several weeks of sharp swings
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EPA says Vermont fails to comply with Clean Water Act through inadequate regulation of some farms
The U.S. Environmental Protection Agency says flaws in a Vermont program are preventing the state from adequately controlling phosphorus discharges from certain farms, which contribute to severe water quality problems in Lake Champlain and other bodies of water
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BMW braking system recall of 1.5M cars contributes to auto maker's decision to cut back 2024 outlook
BMW is lowering sales and earnings targets for the 2024 fiscal year, in a move the luxury German car maker said was partially triggered by hefty expenses of addressing a braking system recall that impacts more than 1.5 million vehicles worldwide
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Americans' inflation-adjusted incomes rebounded to pre-pandemic levels last year
The inflation-adjusted median income of U.S. households rebounded last year to roughly its 2019 level, overcoming the biggest price spike in four decades to restore most Americans’ purchasing power
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Google and Apple lose their court fights against the EU and owe billions in fines and taxes
Google has lost its final legal challenge against a European Union penalty for giving its own shopping recommendations an illegal advantage over rivals in search results, ending a long-running antitrust case that came with a whopping fine
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Starbucks' new CEO wants to recapture the coffeehouse vibe
Starbucks’ new chairman and CEO says he plans to focus on improving service and reestablishing the struggling coffee giant's stores as gathering places
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Germany's expansion of border controls is testing European unity
The German government says it is cracking down on irregular migration and crime following recent extremist attacks, and plans to extend temporary border controls to all nine of its frontiers next week
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Raise a (shot) glass to Wild Turkey’s ‘Buddha of Bourbon’
When bourbon fans enter the Wild Turkey visitors’ center in Kentucky, they might be welcomed by Jimmy Russell
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A Boeing strike is looking more likely. The union president expects workers to reject contract offer
There might be a strike at Boeing this week after all
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Labor costs remain high for small businesses, but a report shows wage growth is slowing for some
Employee wages are one of the biggest costs for small businesses
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