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Saks emerges from bankruptcy with a new name and a leaner store footprint - Fox Business
business 2026/06/29 19:17:00

Saks emerges from bankruptcy with a new name and a leaner store footprint - Fox Business

Saks Global exits bankruptcy as Exemplar Luxury Group, cutting 75% of debt and closing 62 off-price stores including Saks OFF 5th locations.

Fox Business
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ECB does not need to fight inflation with ‘same force’ as in 2022-23, Lagarde says - Financial Times
business 2026/06/29 19:00:03

ECB does not need to fight inflation with ‘same force’ as in 2022-23, Lagarde says - Financial Times

President of central bank signals that there could be a modest increase in interest rates

Financial Times
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Eli Lilly, Regeneron among first companies selected for FDA initiative to speed review of new manufacturing facilities - CNBC
business 2026/06/29 18:50:03

Eli Lilly, Regeneron among first companies selected for FDA initiative to speed review of new manufacturing facilities - CNBC

Eli Lilly and Regeneron are among the first seven companies the FDA has selected for its PreCheck Pilot Program, CNBC has learned.

CNBC
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IRS says Trump Account contributions will not trigger annual gift tax reporting requirements - CNBC
business 2026/06/29 18:05:12

IRS says Trump Account contributions will not trigger annual gift tax reporting requirements - CNBC

Parents, guardians and others who contribute to a Trump Account will not be required to file a gift tax return, the IRS and Treasury Department said Monday.

CNBC
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Super Micro Office Raided as Taiwan Expands Chip Smuggling Probe - Bloomberg.com
business 2026/06/29 17:59:46

Super Micro Office Raided as Taiwan Expands Chip Smuggling Probe - Bloomberg.com

Super Micro Computer Inc.’s offices in Taiwan were raided by government authorities on Monday, widening an investigation into the alleged smuggling of Nvidia Corp. chips into China using the company’s servers, according to a person familiar with the situation…

Bloomberg
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Prediction: Micron Technology Stock Is Going to $3,900 in 1 Year After Its Blowout Quarter - The Motley Fool
business 2026/06/29 17:53:00

Prediction: Micron Technology Stock Is Going to $3,900 in 1 Year After Its Blowout Quarter - The Motley Fool

Micron’s phenomenal results and guidance suggest that the memory supercycle could supercharge the stock in the coming year.

Motley Fool
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