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...He had success running rival Dollar General....
...Dollar Tree had been Unhedged’s best 2024 stock pick, up about 14 per cent. But it gave all that back yesterday, when it announced it was closing 1,000 of its 16,000 stores and taking a charge....
...In the lawsuit, filed to a San Francisco court on Thursday, Musk’s lawyers wrote that OpenAI’s multibillion-dollar alliance with Microsoft had broken an agreement to make a big breakthrough in AI “freely...
...For years, Dollar General dominated the dollar store sector....
...“There’s a 200-million [dollar] differential in the cookie jar between closing tonight and doing it tomorrow morning,” Musk allegedly told Isaacson....
...One of the test’s consequences was to catalyse Russian enthusiasm for some ground rules: the Outer Space Treaty was adopted by the United Nations General Assembly a few years later, in 1967....
...“This presents an arbitrage opportunity,” said Andrea Turner Moffitt, founder of Future Heights Ventures and co-founder of another VC firm, Plum Alley Investments....
...Blackstone has struck billions of dollars of similar deals with a handful of banks....
...There are also social costs when the Federal Deposit Insurance Corporation is forced, by law, to sell failed banks to multi-trillion-dollar mega banks who can offer a better price than smaller bidders....
...Iran’s missiles were less easily deflected but, given the advance warning, Israel had placed its most sophisticated, multibillion-dollar missile defences on high alert....
...While Apple this year quietly abandoned a decade-long, multibillion-dollar project to build an electric vehicle, the Chinese group now has EVs rolling off Beijing production lines every couple of minutes...
...OpenAI’s structure originates from its founding mission of “ensuring that safe artificial general intelligence is developed and benefits all of humanity”, rather than only a small group of employees and...
...And finally To the V&A in London, where a new blockbuster exhibition, Gabrielle Chanel: Fashion Manifesto, highlights both the designer’s revolutionary approach and her many links with Britain....
...However, Google’s indemnity does not extend to models that have been “fine tuned” by customers using their internal company data — a practice that allows businesses to train general models to produce more...
...At 15 times forward earnings, Dollar General is trading at a discount to rivals Dollar Tree and Walmart....
...Players are then nudged into spending their pounds and dollars — or virtual currencies developed for particular titles, such as Fortnite’s V-bucks — on in-game outfits and guns....
...Two scoops to start: US private equity firm General Atlantic is in talks to acquire infrastructure fund manager Actis as it seeks to diversify and add assets ahead of an expected initial public offering,...
...Dollar General cut capital spending plans for the fiscal year and will only open 990 new stores instead of the previously planned 1,050....
...During the boom, a maxim did the rounds at hedge funds that bet against stocks: penny frauds had suddenly become billion-dollar frauds....
...General Catalyst eventually decided to invest, too, handing over $30mn in 2019....
...Two new processors — a general-purpose chip based on Arm designs called Cobalt and a specialised AI “accelerator” named Maia — will be deployed in Microsoft’s Azure data centres next year, supporting its...
...Sound design and mixing by Breen Turner. Special thanks to Marc Filippino. Cheryl Brumley is the global head of audio. See you next week....
...Earlier in her career at Turner Broadcasting, she had studied from the playbook of “visionary” Ted Turner, the media innovator so prone to speaking his mind that he was known as Captain Outrageous and who...
...Michele: Money is certainly going to go into general bond funds. So investment-grade securities will do well. And high-tax payers will put it into general municipal bond funds....
...Click here for the results at 11am CET UK: 2023 Turner Prize winner announced at an award ceremony in Eastbourne’s Winter Gardens....
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