Text size Pau Barrena / AFP via Getty Images Shares of mobile device maker Qualcomm jumped into trading on Tuesday after the U.S. Court of Appeals for the Ninth Circuit ruled against the Federal Trade Commission in a major anti-trust case. Qualcomm (ticker: QCOM) stock gained 3.6% to $ 110.24 …
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A Stein Mart store in King of Prussia, PA. Google Earth Off-price chain Stein Mart announced Wednesday that it has filed for Chapter 11 bankruptcy protection and plans to close most, if not all, of its stores permanently, adding to the turmoil in a retail sector that has been hammered …
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An Albertsons store in Laguna Niguel, California Scott Mlyn | CNBC Vertical Farmer Plenty, an ag-tech unicorn backed by SoftBank, announced a partnership with Albertsons on Wednesday, marking the company’s first major retail sale. Under the multi-year agreement, Plenty 430 stores at Albertsons in California will provide four types of …
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Check out the companies that make headlines for the clock: Brinker International (EAT) – The parent of the Chili restaurant chain and Maggiano’s Little Italy reported an adjusted quarterly loss of 88 cents per share, less than the $ 1.37 loss that Wall Street analysts had predicted. Revenue came in …
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SILVERFRING, Md. – The chief financial officer at General Motors, Dhivya Suryadevara, trades Detroit for Silicon Valley in a surprise departure to join the startup Stripe of payments. Suryadevara became a rising star in the automotive sector, at the age of 39 became GM’s first female CFO in 2018 at …
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