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| Elon Musk doesn't need a board seat to change Twitter On Sunday, nearly a week after Musk disclosed he'd become Twitter's largest shareholder and the company offered him a board seat, Twitter (TWTR) CEO Parag Agrawal said the Tesla and SpaceX CEO had decided not to take the position. | |
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| UK inflation hits 30-year high of 7% British households are facing the worst cost-of-living squeeze in decades. Li Ying/Xinhua/Getty Images. British consumer price inflation leaped to its highest level in ... | |
| The race to roll out 'super-sized' wind turbines is on Recent years have seen companies like GE, Vestas and Siemens Gamesa Renewable Energy announce plans to develop huge wind turbines. The sheer scale of these turbines may pose a number of mid-to-long term challenges for the sector. | |
| Goods, services drive US producer prices higher The report from the Labor Department on Wednesday followed on the heels of news on Tuesday that consumer prices accelerated in March as Russia's war against Ukraine boosted the cost of gasoline to record highs, leading to the largest annual increase in ... | |
| JPMorgan has Wall Street's biggest spending problem J.P. Morgan shares have been under pressure this year, along with many other big bank stocks, but it has faced particular scrutiny over its increased spending. Digital expansion overseas and other technology goals are costing billions, but JPMorgan CEO ... | |
| Shoppers are turning their backs on Bed Bath & Beyond "We're seeing an emerging uncertainty related to consumer sentiment based on market and retail indicators that show a distinct slowdown in consumer demand," Gustavo Arnal, Bed, Bath & Beyond's (BBBY) chief financial officer, said in a call with analysts ... | |
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| Germany faces $240 billion hit if Russian gas is cut off The country would lose 220 billion euros ($238 billion) in economic output over the next two years in the event of such a shock, according to a report by five German economic institutes. German GDP would rise by just 1.9% in 2022, and contract by 2.2% in ... | |
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