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MacKenzie Scott cuts Amazon stake by 42%, Bloomberg News reports

(Reuters) -Billionaire philanthropist MacKenzie Scott has reduced the size of her stake in Amazon.com by 42% since last year, Bloomberg News reported on Tuesday, citing a regulatory filing. Scott, the former wife of Amazon founder Jeff Bezos, holds 81.1 million shares in the company, according ...
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IMF chief says lack of retaliation against Trump tariffs aiding global growth

By Karin Strohecker and David Lawder WASHINGTON (Reuters) -Decisions by most countries to not retaliate against U.S. President Donald Trump’s tariffs are among the top factors bolstering the global economy’s resilience, IMF Managing Director Kristalina Georgieva said on Tuesday. “The world, so far, and I cannot ...
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Chevron pushes for say in Venture Global request for Plaquemines LNG startup extension

By Curtis Williams HOUSTON (Reuters) -Chevron on Tuesday asked federal regulators to let it offer an opinion on Venture Global’s recent request for more time to commission the Plaquemines LNG plant in Louisiana, at which the U.S. oil major has a long-term sales and purchase ...
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Global EV sales hit record 2.1 million in September, research firm says

By Jesus Calero (Reuters) -Global sales of fully electric and plug-in hybrid vehicles rose 26% in September from a year ago to a record 2.1 million units, driven by strong demand in China and a late U.S. tax-credit rush, market research firm Rho Motion ...
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Dating app Grindr confirms receiving go-private interest from shareholders

(Reuters) -Grindr on Tuesday confirmed that its board had received a letter from shareholders Ray Zage and James Lu stating an interest in exploring the possibility of taking the dating app private. Shares of the company were up about 3% in after-hours trading. The board has ...
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Spirit Airlines aims for $220 million net income in 2027 turnaround

CHICAGO (Reuters) -Spirit Airlines said on Tuesday it will fully implement its transformation plan by the end of 2027, when the bankrupt carrier expects to produce about $220 million in net income. In a regulatory filing, the discount airline estimated its adjusted operating loss in ...
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Stellantis to invest $13 billion in the United States

By Nora Eckert (Reuters) -Stellantis announced a $13 billion investment in the U.S. on Tuesday, a move it said will bring five new models to the market and add 5,000 jobs in plants across the Midwest over the next four years. The plan, which includes some ...
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KKR-backed BOND private aviation named as customer for Bombardier $1.7 billion order in June

(Reuters) -BOND, a new private aviation company backed by U.S. investment firm KKR, was disclosed on Tuesday as the customer behind a June $1.7 billion order for 50 Bombardier private jets and aftermarket services. KKR is the lead investor in the fractional aviation company, ...
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America Movil posts threefold profit jump as costs shrink

MEXICO CITY (Reuters) -Mexican telecoms giant America Movil on Tuesday reported a more than a threefold jump in third-quarter profit, as results landed in line with the predictions of analysts polled by LSEG, helped by a sharp drop in financing costs. America Movil, controlled by ...
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31,000 Kaiser Permanente nurses and other health care workers strike for better wages and staffing

SAN FRANCISCO (AP) — An estimated 31,000 registered nurses and other front-line Kaiser Permanente health care workers went on strike Tuesday to demand better wages and staffing from the California-based health care giant. Organizers say the five-day strike across 500 medical centers and offices in ...
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Apollo Global made another offer to buy Papa John’s, sources say

By Abigail Summerville and Svea Herbst-Bayliss (Reuters) -Apollo Global Management submitted a fresh bid within the last week to take pizza chain Papa John’s International private at $64 per share, according to people familiar with the matter. The situation is fluid and no deal is guaranteed, ...
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Nike renames Oregon headquarters after co-founder Philip Knight

(Reuters) -Nike said on Tuesday it was renaming its world headquarters in Beaverton, Oregon, after co-founder Philip Knight with immediate effect. The nearly 400-acre campus, the sportswear brand’s headquarters for more than 35 years, will now be called “The Philip H. Knight Campus” (PHK). It was ...
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