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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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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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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ONEOK strengthens Permian presence with midstream deals worth $5.9 billion

BY Reuters  • August 29, 2024August 29, 2024
By Seher Dareen and Kanjyik Ghosh (Reuters) -Pipeline operator ONEOK said it would buy midstream assets in deals worth $5.9 billion from Global Infrastructure Partners, bolstering its position in the[...]
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Catalent beats revenue estimates ahead of deal close with Novo Holdings

BY Reuters  • August 29, 2024August 29, 2024
(Reuters) -Contract drug manufacturer Catalent beat analysts’ estimates for fourth-quarter revenue on Thursday, helped by its biologics segment that develops and manufactures cell and gene thera[...]
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Marathon Oil shareholders vote in favor of $16 billion ConocoPhillips deal

BY Reuters  • August 29, 2024August 29, 2024
HOUSTON (Reuters) – Marathon Oil shareholders on Thursday approved the U.S. oil producer’s nearly $16 billion acquisition by ConocoPhillips, the company said. Marathon Oil and ConocoPhilli[...]
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Nippon Steel to make additional investment in US Steel’s mills

BY Reuters  • August 29, 2024August 29, 2024
TOKYO (Reuters) – Japan’s biggest steelmaker Nippon Steel said on Thursday it plans to make an additional investment of about $1.3 billion in U.S. Steel’s two mills as part of its pe[...]
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