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Volkswagen to decide on landmark Porsche listing later on Monday

[ad_1] A Porsche 911 Carrera 4S stands in the evening light in a drive-in cinema on the circuit of the Leipzig Porsche factory.Jan Woitas | picture alliance via Getty ImagesVolkswagen's leadership will meet later on Monday to decide on whether to proceed with the much-anticipated listing of Porsche, as an escalation in

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How Detroit moved on from its legendary bankruptcy

[ad_1] A new wave of development is rippling through downtown Detroit."Walking around Detroit in 2008 or 2009 is not the same as walking around in 2022," said Ramy Habib, a local entrepreneur. "It is absolutely magnificent what happened throughout those 15 years."Between 2010 and 2019, just 708 new housing structures

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Top Federal Reserve officials say they misread inflation and now plan to correct the course

[ad_1] Top officials at the Federal Reserve were seeing inflation data come in very hot for months before policymakers moved to wind down monetary policies that were stimulating the economy.A chorus of analysts, economists and former policymakers have chimed in, saying that was a mistake."The forward guidance, overall, slowed the

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As employers call workers back to the office, some AAPI women are on edge

[ad_1] An attendee identified as Emily, left, holds a candle during a candlelight vigil for Michelle Go at Portsmouth Square in San Francisco, Calif. Tuesday, Jan. 18, 2022.Stephen Lam | Getty ImagesSometime after Deloitte consultant Michelle Go was shoved to her death underneath a moving R train in January, another

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London insurance firm fined £1 million over bullying, sexual harassment and heavy drinking

[ad_1] The interior of Lloyd's of London, the centuries-old insurance market, is pictured in central London on April 27, 2016.Leon Neal | AFP | Getty ImagesLONDON — Lloyd's of London, the U.K. insurance giant, has hit one of its member firms with a record £1.05 million ($1.38 million) fine for

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Mark Wahlberg-backed F45 pops on IPO day. The actor says the workouts have incredible energy

[ad_1] Global fitness company F45 Training, backed by actor Mark Wahlberg, made its stock market debut Thursday.Under the ticker symbol FXLV, it started trading on the New York Stock Exchange and went as high as $17.75 per share on its first day for a $1.6 billion market cap. The initial

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Trip.com up more than 4% in Hong Kong IPO; top executive expects ‘record number’ of China travelers

[ad_1] Online travel agency Trip.com made a strong debut in Hong Kong on Monday, with shares rising around 4.55% from their issue price.The China-based company now joins other U.S.-listed Chinese tech heavyweights such as Alibaba, JD.com and Baidu that have returned closer to home via secondary offerings in Hong Kong.

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Frontier Airlines shares fall on first day of trading

[ad_1] Frontier Airlines Airbus A320 takes off from Los Angeles international Airport on August 27, 2020 in Los Angeles, California.AaronP | Bauer-Griffin | GC Images | Getty ImagesShares of Frontier Airlines' parent company fell 0.8% in their first day of trading on Thursday.The budget carrier said late Wednesday it raised

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Sun Country Airlines raises $218 million in industry’s first IPO since 2018 as U.S. carriers eye recovery

[ad_1] Sun Country Airlines Boeing 737 takes off from Los Angeles International Airport on August 27, 2020.AaronP/Bauer-Griffin | GC Images | Getty ImagesSun Country Airlines starts trading on Wednesday after the budget carrier said it estimates it raised $218 million in an initial public offering, a bet travel will continue

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