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New F1 Team Names Bring Money, Marketing and Lots of Syllables

Formula 1 has two new team names this season, which follow a trend in the sport to focus on marketing: Visa Cash App RB Formula One Team and Stake F1 Team Kick Sauber. Sauber Motorsport has been racing since 1993 under various names, most recently as Alfa Romeo. For this season and next it will […]

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Another Chinese Property Giant Faces a Creditor Who Wants It Dismantled

Country Garden, China’s largest real estate developer as recently as 2022, said on Wednesday that a creditor had asked a Hong Kong court to liquidate its operations and pay off lenders, in the latest sign that China’s housing crisis continues unabated. Ever Credit Ltd., a Hong Kong lender, is petitioning the city’s High Court to

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Four Eye Ointments Pulled Because of Infection Risk

Four eye ointments sold in stores including Walmart and CVS are being recalled because of a potential risk of eye infections or related harm, after U.S. investigators raised concerns about the potential lack of sterility. The voluntary recall involves four over-the-counter products manufactured by Brassica Pharma, according to an announcement by the Food and Drug

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Toyota Recalls Over 600,000 Trucks and SUVs Over Safety Concerns

More than 600,000 Toyota pickup trucks and SUVs in the United States were voluntarily recalled over the past week because of different issues that could increase the risk of crashes, the vehicle manufacturer said. The first announcement, on Feb. 21, stated that about 280,000 vehicles, including certain Toyota Tundra, Tundra Hybrid and Lexus LX600 vehicles

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OpenAI Seeks to Dismiss Parts of The New York Times’s Lawsuit

OpenAI filed a motion in federal court on Monday that seeks to dismiss some key elements of a lawsuit brought by The New York Times Company. The Times sued OpenAI and its partner Microsoft on Dec. 27, accusing them of infringing on its copyrights by using millions of its articles to train A.I. technologies like

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Exxon Raises Questions About Chevron’s $53 Billion Deal for Hess

America’s two largest energy companies, Exxon Mobil and Chevron, are jousting over a prized new source of oil in the waters off Guyana, in Latin America. The conflict is creating doubts over Chevron’s bid to acquire Hess Corp. for $53 billion, announced in October. Chevron this week warned of the possibility that “the merger would

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Macy’s Will Close 150 Stores but Expand Bloomingdale’s and Bluemercury

Macy’s said on Tuesday that it would vastly reshape its strategy and retail footprint, closing about 150 Macy’s stores over the next three years while expanding its upscale Bloomingdale’s and Bluemercury chains. The moves put the stamp of the company’s new chief executive, Tony Spring, on an effort to keep the largest department store operator

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The F.T.C. Boosts Biden’s Fight Against Inflation

Kroger, Albertsons and the politics of inflation A paradox at the heart of the U.S. economy is that consumers are feeling squeezed even as growth indicators look strong — and are taking it out on President Biden’s approval ratings. So the White House probably cheered a move by the F.T.C. and several states on Monday

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