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Food prices could rise due to Rachel Reeves

Rachel Reeves’ changes to agricultural inheritance tax could lead to food price rises and will have a “catastrophic” impact on family farms, farmers have warned. The chancellor announced in Wednesday’...

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Morgan Stanley is launching an investing index tied to sports leagues

The Morgan Stanley headquarters in New York on Dec. 27, 2023. Angus Mordant | Bloomberg | Getty Images Morgan Stanley is introducing a new portfolio for investors tied to the most prominent sports lea...

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Comcast is exploring separation of cable networks business

Comcast is exploring a separation of its cable networks business, President Mike Cavanagh said Thursday. During the company’s third-quarter earnings call with investors, Cavanagh said the company is e...

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Peloton announces Ford exec, founder of Apple Fitness+ Peter Stern as its next CEO

Peter Stern, CEO of Peloton Interactive. Courtesy: Peloton Interactive Peloton on Thursday said it has appointed Peter Stern, a Ford executive and the cofounder of Apple Fitness+ to be its next CEO an...

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Starbucks' plan to return to its roots involves 200,000 Sharpies

Starbucks cups are pictured on a counter in Manhattan, New York, on Feb. 16, 2022. Carlo Allegri | Reuters Starbucks CEO Brian Niccol said the coffee chain plans to buy roughly 200,000 Sharpie markers...

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Inheritance tax change for farms may be Reeves

Rachel Reeves will end up reversing her decision to charge more inheritance tax on farms, Ruth Davidson has predicted. Speaking on Sky News’ Electoral Dysfunction podcast, the former Tory Scottish lea...

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Comcast tops earnings estimates as Olympics propel the company

NBCUniversal kicks off it’s new Peacock streaming service. Todd Williamson | Peacock | NBCUniversal | Getty Images Comcast beat third-quarter earning expectations on Thursday, as the Summer Olympics i...

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British aviation pioneer Reaction Engines crashes into administration

Reaction Engines, the British hypersonic aviation pioneer, has crashed into administration after weeks of talks with potential backers failed to result in a rescue deal. Sky News has learnt that 173 o...

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7 ways that Starbucks CEO Brian Niccol plans to change the coffee chain

Brian Niccol, CEO of Starbucks Anjali Sundaram | CNBC Starbucks CEO Brian Niccol shared more details about the company’s turnaround strategy during the company’s quarterly conference call on Wednesday...

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Bristol Myers Squibb tops earnings estimates and hikes outlook, helped by Eliquis and new drugs

The Bristol Myers Squibb research and development center at Cambridge Crossing in Cambridge, Massachusetts, US, on Wednesday, Dec. 27, 2023. Adam Glanzman | Bloomberg | Getty Images Bristol Myers Squi...

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Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected

A Peloton bike is displayed at a Dick’s Sporting Goods store on May 08, 2024 in Daly City, California. Justin Sullivan | Getty Images Peloton is back to generating free cash flow and is edging within ...

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Guardian chief pledges decision on controversial Observer deal by Christmas

A decision on whether to proceed with the controversial sale of The Observer, the world’s oldest Sunday newspaper, will be made by Christmas, its current owner’s boss has told disgruntled staff. Sky N...

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