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NASCAR antitrust trial: Bob Jenkins testifies about $100M loss and ‘insulting’ charter deal

CHARLOTTE, N.C. (AP) - Front Row Motorsports owner Bob Jenkins was back on the stand Thursday to testify on the fourth day of the explosive antitrust case that accuses NASCAR of being a monopolistic bully in violation of federal antitrust laws. Jenkins began his ...
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Trump could decide next year to withdraw from USMCA trade deal, USTR Greer tells Politico

Dec 4 (Reuters) - U.S. President Donald Trump could decide next year to withdraw from the United States-Mexico-Canada trade agreement (USMCA), Politico reported on Thursday, citing U.S. Trade Representative Jamieson Greer. "The president's view is he only wants deals that are a good deal. ...
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Bank of England launches stress test of private equity and credit

By David Milliken and Phoebe Seers LONDON, Dec 4 (Reuters) - The Bank of England said on Thursday that it was launching a stress test of how the $16 trillion global private equity and private credit industries would deal with a major financial shock. The ...
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EU reviews removing tariffs on VW EVs built in China

BRUSSELS, Dec 4 (Reuters) - The European Commission has started a review of the anti-subsidy tariffs on Volkswagen's electric vehicles built in China, which could lead to them being replaced with a minimum price undertaking, the EU official journal said on Thursday. The Commission, which ...
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Dollar General raises annual profit forecast

Dec 4 (Reuters) - Dollar General raised its annual profit forecast on Thursday, banking on resilient demand at its discount stores, as well as its efforts to cut costs and reduce inventory-related damages. Shares of the company, which also raised its annual comparable sales forecast, ...
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AMC says Aron to continue as theater chain’s CEO after minor stroke

Dec 4 (Reuters) - Theater chain AMC Entertainment said on Thursday that chief executive officer Adam Aron will continue in his role after suffering a minor stroke last month. Aron, 71, had a stroke on November 17 in London, the company said, adding that ...
https://www.osfhealthcare.org/c/only-at-osf-w
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WhatsApp faces European antitrust investigation over artificial intelligence

LONDON (AP) - WhatsApp faces an antitrust investigation in the European Union, where regulators said Thursday that they're looking into the messaging service's artificial intelligence policy. The European Commission said it opened the formal investigation because of concerns about WhatsApp's move to limit access ...
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Activist investor Litt urges changes at First Industrial Realty to boost stock, sources say

By Svea Herbst-Bayliss NEW YORK, Dec 4 (Reuters) - Activist investor Jonathan Litt wants warehouse operator First Industrial Realty Trust to sell assets, return capital to shareholders and refresh its board, steps that could boost the stock price by 30%, according to sources familiar with ...
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Stellantis to recall 72,509 US vehicles over software glitch, NHTSA says

(Corrects figure in headline to 72,509 from 72,502) Dec 4 (Reuters) - Chrysler parent Stellantis is recalling 72,509 Ram vehicles in the U.S. due to a software glitch in the instrument panel display that is causing it to go blank, the U.S. National Highway ...
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Exclusive-China state-owned banks soak up dollars to slow yuan gains, sources say

Dec 4 (Reuters) - China's major state-owned banks bought dollars in the onshore spot market this week and held on to them in an unusually strong effort to rein in yuan strength, according to people with knowledge of the matter. The dollar buying came as ...
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China says working on streamlining rare earth export licenses

BEIJING, Dec 4 (Reuters) - China said on Thursday it is working on streamlining rare earth export licenses - a key promised outcome after a meeting between U.S. President Donald Trump and his counterpart Xi Jinping. "The government is actively adapting," Commerce Ministry spokesman He ...
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Trump’s U-turn on fuel economy rules lifts European carmakers’ shares

Dec 4 (Reuters) - Shares of European carmakers jumped between 2.5% and 5% in early Thursday trading after U.S. President Donald Trump proposed slashing fuel economy standards finalised by his predecessor Joe Biden. The Trump administration cast the change, aimed at making it easier for ...
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