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Walmart is attracting wealthier customers by selling dupes of expensive products
Since its inception, Walmart has been a beacon for bargain shoppers. But now the retailer known for its low prices is appealing to a new demographic: customers who earn more than $100,000 a year.
Walmart, the world's largest retailer,…
Gin and tonic surpasses tea as Britain’s favourite drink amid shifting consumer preferences
Gin and tonic has overtaken tea as the country's drink of choice, marking a major shift in British consumer habits.
A recent study conducted as part of Bacardi's sixth annual Cocktail Trends Report found that 44% of Britons now…
Tycoon Who Bungled Korea Zinc’s Share Sale Fights for Control
Breadcrumb linksBMN BusinessThe new office of Korea Zinc Corporation in downtown Seoul greets visitors with a large bust of the current Chairman's grandfather. But conspicuously absent is the friend with whom he started the metal empire…
NASA to integrate Odysight.ai cameras into aerospace vehicles
Every few years NASA launches a new hypersonic spacecraft that defies the laws of physics with a more modern jet engine, more fuel efficiency and lighter materials. For example, the X-43A hypersonic research aircraft can…
Hospital Landlord MPT Seeks Control of California Entities
(Bloomberg) -- Medical Properties Trust Inc., one of the largest U.S. hospital owners, moved to take control of three Southern California health care entities after the owner — Prospect Medical Holdings — was accused of defaulting on…
Quiet Capital raises $377 million for new fund: Filing
As the tech industry grows more optimistic about startup exit prospects thawing, one investment firm appears to be building a war chest of dry powder.
San Francisco-based Quiet Capital has raised $377 million for a third fund, according…
Mulberry cuts 85 jobs as sales fall 19% amid global luxury downturn
Luxury fashion brand Mulberry has announced a significant restructuring plan after announcing a 19% drop in group revenues to £56.1 million for the six months to September 28.
Newly appointed CEO Andrea Baldo revealed 85 jobs -…
Histadrut and Treasury reach agreement on public sector pay
The Israeli Ministry of Finance and the Histadrut trade union movement have reached a final agreement on a package of economic measures that will be part of the 2025 state budget. The most important part of the agreement…
Nvidia stock rises on AI spending, chip deal ahead of earnings
Nvidia (NVDA) stock rose more than 4% on Tuesday following bullish remarks from Wall Street analysts who pointed to strong demand for chips ahead of its earnings report scheduled Wednesday afternoon. In a client note this week, Stifel…
A mystery buyer is secretly snapping up condos in a 22-story tower flanked by billionaire Ken…
Citadel CEO Ken Griffin owns a four-acre project in Miami's financial district. On it are three parcels that he is said to have spent $669.5 million on. On one lot, he is building a 54-story glass tower Headquarters For his investment…
