LONDON — Artificial intelligence that can match humans at any task is still some way off — but it’s only a matter of time before it becomes a reality, according to the CEO of Google DeepMind. Speaking…
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Economy
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Economy
Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
by adminSwedish fintech firm Klarna will be the exclusive provider of buy now, pay later loans for Walmart, taking a coveted partnership away from rival Affirm, CNBC has learned. Klarna, which just disclosed its intention to go public in the U.S., will…
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Flagging global sales and Elon Musk’s increasingly outspoken political activities are combining to rock the value of Tesla. Shares in the once-trillion-dollar company saw their worst day in five years this week. Year to date,…
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Over a double cheeseburger and fries, Robert F. Kennedy Jr. told Fox News host Sean Hannity earlier this month of his plans to improve the country’s health by incentivizing companies to step away from processed…
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PepsiCo said Monday that it is buying prebiotic soda brand Poppi for nearly $2 billion. While soda consumption has broadly fallen over the last two decades in the U.S., prebiotic sodas, fueled by industry newcomers Poppi and…
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Almost nothing is guaranteed in life. Certainly not weather, electricity, health, tariffs or eggs. But for more than 50 years, American consumers could count on Southwest Airlines letting them check bags for free. Dallas-based Southwest is ending the policy in May. Customers are…
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Economy
From pandemic struggles to St. Patrick’s Day crowds, Mary O’s soda bread rises to viral fame
by adminNestled in a modest storefront in New York City’s East Village, Mary O’s Irish Soda Bread Shop blends into the other red-brick businesses on the block. But one thing sets it apart: Customers routinely line…
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Flagging global sales and Elon Musk’s increasingly outspoken political activities are combining to rock the value of Tesla. Shares in the once-trillion-dollar company saw their worst day in five years this week. Year to date,…
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After surging for much of the year, egg prices have declined sharply over the past week as consumers pulled back on purchases, allowing supplies to resettle at more normal volumes. The result: The average cost…
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Dollar General CEO Todd Vasos said on Thursday that inflation continues to hurt the discounter’s customers and that the macroeconomic environment won’t improve this year. On the company’s fourth-quarter earnings call, Vasos said customers are expecting value and…