United States · Business
Same event, multiple sources, transparently cited.
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Santa Clara County sues Meta over alleged scam ad profits
Santa Clara County sued Meta in state court, alleging the company profited from scam ads on Facebook and Instagram.
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France jobless rate rises to 8.1% in first quarter, highest in 5 years
France's unemployment rate rose unexpectedly to 8.1% in Q1, its highest level in 5 years, official figures showed.
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IEA and OPEC cut oil outlooks as Iran war squeezes supply
The IEA and OPEC cut their oil outlooks on Wednesday as the Iran war kept supply tight and inventories fell at a record pace.
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Intertek leans toward recommending EQT's fourth takeover offer
Intertek said on May 13 it is leaning toward recommending EQT's £60-a-share cash offer after shareholder talks.
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Plans scrapped for 91-storey Trump hotel and apartment tower on Australia's Gold Coast
Altus Property Group has cancelled the Trump-branded 91-storey hotel and apartment project on Australia's Gold Coast, citing the brand's unpopularity amid geopolitical concerns.
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Walmart to cut or relocate about 1,000 corporate jobs in tech reorganization
Walmart plans to cut or relocate about 1,000 corporate jobs as it reorganizes technology and AI work, the company said.
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Sea reports stronger quarterly profit and revenue, shares jump
Sea Ltd. posted higher-than-expected quarterly profit and revenue for the March quarter, sending its shares sharply higher.
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Nvidia CEO Jensen Huang joins Trump’s China trip ahead of summit with Xi Jinping
Nvidia CEO Jensen Huang joined President Trump’s delegation to China as a last-minute addition ahead of the US-China summit on May 13, 2026.
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New York Fed says 2.6 million student loan borrowers entered default in Q1 2026
New York Fed data show about 2.6 million U.S. student loan borrowers entered default in the first quarter of 2026.
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Calbee to switch some packaging to two ink colours amid shortage
Calbee will temporarily use black-and-white packaging for some products as an ink shortage hits Japan.
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Global supply-chain stress rises again as freight costs climb
Global supply-chain pressure is rising again as shipping delays, freight costs and factory shortages fuel new inflation worries.
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Hannah Harper wins American Idol Season 24 finale
American Idol crowned Hannah Harper the Season 24 winner on Monday night after a live finale vote.
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Hantavirus outbreak linked to MV Hondius cruise ship kills 3, 11 cases confirmed worldwide
The MV Hondius cruise ship has been linked to 11 confirmed hantavirus cases including three deaths; authorities in multiple countries are monitoring exposed passengers.
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Oil prices stay elevated as Iran conflict keeps Hormuz shipping constrained
Oil held at elevated levels as the Iran conflict disrupted the Strait of Hormuz and traders watched for U.S. inflation data.
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Audi prepares to unveil Q9 full-size flagship SUV later this summer
Audi is preparing to unveil the Q9, its first full-size SUV, later this summer.
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Mamdani drops planned property tax hike in New York City budget
New York City Mayor Zohran Mamdani dropped a planned property tax hike as he released his executive budget on Tuesday.
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Intel shares jump 214% in six weeks, squeezing short sellers
Intel shares have surged 214% since March 30, adding more than $440 billion in market value and battering short sellers.
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US Stocks Fluctuate Amid Rising Inflation and US-Iran Tensions as Trump Visits China
US stock indices fluctuated May 12-14 as higher inflation and Middle East tensions weighed, offset by tech rallies and a Trump-Xi summit in Beijing.
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Amazon launches 30-minute Amazon Now delivery in dozens of U.S. cities
Amazon on Tuesday launched Amazon Now, a 30-minute delivery service in dozens of U.S. cities.
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Pentagon says US war in Iran has cost about $29 billion
The Pentagon told Congress on May 12 that the US war in Iran has cost about $29 billion, up from a late-April estimate.
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Byron Allen to buy majority stake in BuzzFeed and become CEO
Byron Allen will buy a controlling stake in BuzzFeed and take over as chairman and CEO, the company said.
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eBay rejects GameStop’s $55.5bn takeover offer
eBay rejected GameStop’s unsolicited $55.5 billion bid and called it “neither credible nor attractive.”
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US awards 53.3 million barrels from Strategic Petroleum Reserve to firms
The US Strategic Petroleum Reserve agreed to release or lend 53.3 million barrels of crude to firms including Trafigura, Marathon Petroleum and Exxon Mobil.
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Alabbar says Dubai property market remains resilient despite tensions
Emaar founder Mohamed Alabbar said Dubai property demand remains resilient despite regional tensions, citing strong buyer confidence and stable collections.