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Coke's Classic, Diet and Zero Sugar Brands Drive Soda Growth
Diet Coke, introduced in 1982, was not designed simply to mimic Coca-Cola.

By The Financial District
Aug 171 min read


Berkshire Cash Hoard Falls as Company Buys Nearly $20 Billion in Stocks
Berkshire Hathaway’s cash levels fell in the second quarter, but its reserves remained among the largest held by any U.S. company.

By The Financial District
Aug 171 min read


Kennedy Center Board Votes for Two-Year Closure Despite Earlier Court Ruling
The Kennedy Center's board has voted to close most of the performing arts venue for two years to allow for substantial renovations, despite an earlier federal court ruling that blocked the institution's original closure plan.

By The Financial District
Aug 171 min read


FedEx, UPS Begin Passing Billions in Tariff Refunds to Some Customers
Some U.S. consumers who paid tariffs on overseas purchases last year are beginning to receive refunds through shipping companies that acted as customs brokers.

By The Financial District
Aug 171 min read


Coca-Cola Outpaces PepsiCo as Asset-Light Strategy and Zero Sugar Drive Growth
Coca-Cola has transformed its business over the past decade, gaining share in cola and other sparkling-soft-drink categories while its Zero Sugar brand has become a major growth driver.

By The Financial District
Aug 171 min read


Palantir's UK Tax Bill Shrinks Despite Rising Profits
Palantir has benefited from millions of pounds in tax deductions that have reduced its UK corporate-tax liability despite strong profits.

By The Financial District
Aug 172 min read


Sony, TSMC Plan $6.3-Billion Image-Sensor Venture in Japan
Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are planning to invest about $6.3 billion in a joint venture to develop and manufacture next-generation image sensors in Japan.

By The Financial District
Aug 171 min read


SpaceX Shares Rally 6% as Feared Insider Selloff Fails to Materialize
For weeks, SpaceX investors had braced themselves for Thursday, Aug. 6, when nearly 1 billion insider and employee shares, representing about 20% of the company, became eligible for sale.

By The Financial District
Aug 171 min read


Google Pulls Earth AI Feature a Day After Launch
Google halted an AI image-generation feature in Google Earth less than a day after its launch following concerns that users could exploit it to create convincing but fabricated images of real-world locations.

By The Financial District
Aug 171 min read


Amazon's Massive Gas-Fired Power Plant Raises Emissions Concerns
Amazon is investing in a massive natural gas-fired power plant in West Texas to supply electricity to a data center, as technology companies increasingly turn to dedicated, on-site power facilities to meet the enormous electricity demands of artificial intelligence.

By The Financial District
Aug 161 min read


Lakers' Record $12.5-Billion Sale Resets Sports-Team Valuations
The proposed sale of the Los Angeles Lakers to billionaire venture capitalist Josh Kushner and former Disney CEO Bob Iger for a record $12.5 billion valuation has sent shock waves through the sports-business world.

By The Financial District
Aug 161 min read


Edgar Saavedra’s New PPP Puts the Philippines First
At the Monday Circle gathering on August 10 at The Westin Manila Ortigas, Edgar B. Saavedra offered a distinctly personal interpretation of an acronym long associated with nation-building.

By Gerry Urbina
Aug 166 min read


PAGCOR’s 16 Casino Filipino Sites Earn ISO 9001:2015 Certification
The Philippine Amusement and Gaming Corporation (PAGCOR) has secured ISO 9001:2015 certification for 16 of its Casino Filipino sites and branches, highlighting the agency’s commitment to internationally recognized quality standards.

By The Financial District
Aug 142 min read


SpaceX Shares Rise as First Major IPO Lockup Expires
SpaceX shares rose after the first major post-IPO lockup period expired.

By The Financial District
Aug 141 min read


Archer Aviation to Acquire Three Boeing Subsidiaries in Aviation Expansion
Archer Aviation is set to acquire three Boeing subsidiaries as it expands its electric air-taxi, autonomous-flight and defense capabilities.

By The Financial District
Aug 141 min read


Intel Boosts Stock Offering to $20 Billion to Fund Chip Expansion
Intel is expanding production to meet surging demand—but there will be a price to pay for shareholders.

By The Financial District
Aug 141 min read


Meta Faces $1.4-Trillion Penalty Demand as AI Backlash Grows
Meta unveiled an open-weight AI model called Muse Glimmer for users to run on their own devices and is investing $1 billion in communities where it is building data centers.

By The Financial District
Aug 141 min read


PAGCOR Releases ₱65.6 Million in Relief Assistance for Typhoon, Flood Victims
The Philippine Amusement and Gaming Corp. (PAGCOR) has released an initial ₱65.60 million in food and non-food assistance to communities in Luzon and Metro Manila affected by Tropical Cyclones Luis and Maymay and the enhanced southwest monsoon (Habagat).

By The Financial District
Aug 142 min read


Nvidia and Meta Seek to Ease Concerns Over AI's Rising Costs
The artificial-intelligence boom is stretching financial and political limits, prompting technology leaders to address concerns about the enormous cost and broader impact of the next stage of the AI buildout.

By The Financial District
Aug 141 min read


Zuckerberg Pledges Community Investments as Meta Expands AI Data Centers
Meta CEO Mark Zuckerberg is seeking to address growing opposition to AI data-center projects by increasing community investments and promoting more open AI development.

By The Financial District
Aug 131 min read


Hollywood Films Chase Box-Office Records as Summer Ticket Sales Surge
“I don’t think any box-office record is out of reach,” including the possibility of Spider-Man becoming the first film to surpass $1 billion in domestic box-office revenue, said Paul Dergarabedian, head of marketplace trends at Comscore, formerly Rentrak.

By The Financial District
Aug 131 min read


Concert Ticket Prices Surge as Touring Costs Squeeze Artists
Fans are shelling out hundreds of dollars to see their favorite acts on tour this summer, from BTS to Noah Kahan. But how did live music become so expensive?

By The Financial District
Aug 131 min read


AMD Acquires Toronto AI Chip Startup Taalas to Boost Inference Technology
Advanced Micro Devices Inc. (AMD) has acquired Toronto-based AI chip startup Taalas as it expands its artificial intelligence portfolio beyond graphics processing units (GPUs).

By The Financial District
Aug 121 min read


Herb Simon Reportedly Sues Family of Late Nephew David Simon
Herb Simon, the billionaire co-founder of Simon Property Group and majority owner of the Indiana Pacers, is reportedly suing the family of his late nephew David Simon, alleging that relatives secretly shifted assets and dissolved a decades-old sister company without his permission.

By The Financial District
Aug 121 min read
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