Economy
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OPEC+ holds output targets steady as Middle East conflict tightens supply
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Former L’Oréal execs set out to build a $1.2 billion beauty empire. Now all that’s left is Milk Makeup, and its sales just fell 57%
A $1.2 billion deal meant to launch a global beauty empire has shrunk to an attempt to revive one struggling makeup brand whose sales are plunging. In early 2021, Michel Brousset, the former group president of L’Oréal’s Consumer Products Division in North America, and fellow beauty executive Hind Sebti launched Waldencast Acquisition Corp. It was…
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Meet the ‘mini Erin Brockoviches’ fighting off eminent domain—and the shadow of Amazon—as a data center hands out $10,000 to their neighbors
Erika Cook knew about NorthPoint Development’s plans for a 1,300-acre data center years before Hazle Township residents received a letter in the mail in June, outlining a potential $10,000 payday for eligible households who agreed to the data center’s construction. Receiving the money was contingent upon the residents of the rural Pennsylvania region at the…
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Gary Shapiro: why trade shows matter and how to get them right
I have spent 35 years watching companies invest in preparing for a trade show. For many, the return is huge. But some squander the opportunity by failing to plan or execute. The success stories are legendary. Bill Gates told me that trade shows were key to the rapid growth of Microsoft. Intel turned a chip…
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America’s Diesel Problem Isn’t A Lack Of Oil
Record U.S. oil production hasn’t prevented a diesel shortage as refinery constraints, depleted inventories, and global disruptions keep fuel supplies tight.
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Phillies’ World Series Champion Cuts Ties With Team Amid Playoff Disappointment
The Philadelphia Phillies received an update on a late-season addition who is now officially a free agent.
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Meet The Family That Turned Soap Operas Into A $2 Billion Fortune
Soap opera writer William Bell created The Young and the Restless and The Bold and the Beautiful. Now his three children are together worth around $2 billion.
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Former Dodgers Recruit, Black Yankees Backstop And Florida Baseball Legend Dies At 88
The Los Angeles Dodgers got an update on a former spring training invitee who played in the Negro Leagues shortly after integration.
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Russia’s New Dan-T Loitering Munition Is Fast, Cheap, And Lethal
Russia’s new Dan-T loitering munition combines jet-powered speed, a large warhead, and low cost as Moscow expands its arsenal of long-range strike weapons.