Wealth Growth Daily

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OpenAI, Anthropic sign deals with US govt for AI research and testing

BY Reuters  • August 29, 2024August 29, 2024
(Reuters) -AI startups OpenAI and Anthropic have signed deals with the United States government for research, testing and evaluation of their artificial intelligence models, the U.S. Artificial Intell[...]
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Polestar shares rebound on funding boost, margins reassure

BY Reuters  • August 29, 2024August 29, 2024
By Marie Mannes and Akash Sriram STOCKHOLM (Reuters) -Luxury EV maker Polestar on Thursday reported a second-quarter gross profit margin that exceeded analyst expectations and said it had secured more[...]
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GM to move BrightDrop electric commercial vans to its Chevrolet brand

BY Reuters  • August 29, 2024August 29, 2024
(Reuters) – General Motors said on Thursday it would transition BrightDrop commercial vans under Chevrolet, allowing the all-electric vehicle to utilize the brand’s extensive dealership an[...]
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US airline cancellation rate remains low despite record summer travel

BY Reuters  • August 29, 2024August 29, 2024
By David Shepardson WASHINGTON (Reuters) -U.S. airlines have canceled 1.6% of all flights this year despite record summer travel and significant disruptions in July sparked by cybersecurity firm Crowd[...]
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US gasoline prices lower this year ahead of Labor Day, EIA says

BY Reuters  • August 29, 2024August 29, 2024
By Rahul Paswan (Reuters) – U.S. gasoline prices were substantially lower than last year heading into the weekend of the Labor Day federal holiday on Monday, which ends the U.S. summer driving s[...]
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EV tariffs could hurt European companies and industry, Polestar CFO says

BY Reuters  • August 29, 2024August 29, 2024
By Marie Mannes STOCKHOLM (Reuters) – Import tariffs imposed by the European Union and the United States on China-made electric vehicles will harm European based companies, the chief financial o[...]
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Lockheed-Raytheon JV secures $1.3 billion Javelin missile contract from U.S. Army

BY Reuters  • August 29, 2024August 29, 2024
(Reuters) – A joint venture between Lockheed Martin and RTX’s Raytheon was awarded a $1.3 billion follow-on contract by the U.S. army for its Javelin missiles, which has played a major rol[...]
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Dollar General’s shares plunge as rising competition fuels forecast cuts

BY Reuters  • August 29, 2024August 29, 2024
By Anuja Bharat Mistry and Aishwarya Venugopal (Reuters) -Dollar General’s shares slumped 29% to a more-than-six-year low on Thursday after the discount retailer slashed its annual sales and pro[...]
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China will not impose anti-dumping measures on EU brandy for now

BY Reuters  • August 29, 2024August 29, 2024
By Casey Hall, Alessandro Parodi and Emma Rumney SHANGHAI (Reuters) -Beijing said on Thursday it would not impose provisional tariffs on brandy imported from the European Union despite finding it had[...]
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