Business

Television has long been a staple in households around the world, providing entertainment, news, and information. However, the landscape of television is undergoing a dramatic shift as traditional TV usage continues to decline while the prices of streaming services rise. This article delves into the reasons behind this decline, the rise of streaming services, and
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President Joe Biden is urging the United Auto Workers (UAW) and Detroit automakers to reach a “fair agreement” that avoids plant closures and ensures a smooth transition to a clean energy future. Recognized as the “most pro-union president,” Biden sees the upcoming contract negotiations as an opportunity for all parties involved. With approximately 150,000 unionized
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The Canadian telecommunications satellite operator, Telesat, has sent shockwaves through the industry by announcing a change in suppliers for its upcoming Lightspeed global internet network. In a surprising move, Telesat has decided to partner with Canadian space company MDA instead of the previously contracted manufacturer, Thales Alenia Space. This strategic shift is projected to result
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The mortgage industry has experienced a significant shift in recent months, making it increasingly difficult for borrowers to obtain a mortgage. Along with the rising mortgage rates, the Mortgage Bankers Association (MBA) reports that credit availability in July hit its lowest level since 2013. This decline in credit availability indicates that lending standards are tightening
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The sports platform Fanatics and its competitor Panini have recently found themselves embroiled in a legal battle, with both companies filing lawsuits against each other. These trading card rivals are facing off in court, each accusing the other of various wrongdoings and breaches of duty. While this dispute revolves around licensing rights for professional sports
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Goldman Sachs, long hailed as Wall Street’s premier brand, finds itself at an inflection point. The high-profile businesses that once propelled the firm’s success have fallen out of favor with investors since the 2008 financial crisis. Instead, it is the steady, fee-generating sectors of wealth and asset management that are now being valued more highly.
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