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The Stunning Boom and Bust of a Tax-Refund King
One of the biggest processors of a pandemic tax break has slashed staff and stopped marketing after an IRS crackdown. Source link
Companies Weigh Growing Power of Cloud Providers Amid AI Boom
A wave of partnerships between AI model makers and cloud providers is leading tech chiefs to assess the benefits of convenience versus becoming too reliant
This Arkansas Town Could Become the Epicenter of a U.S. Lithium Boom
Near the quiet town of Magnolia, companies including Exxon Mobil are working out how to extract lithium from brine water to help power electric vehicles.
Delta Says Travel Boom Drove Record Revenue
The surge in flying shows no signs of slowing, with demand continuing into autumn, CEO Ed Bastian says. Source link
Delta forecasts stronger earnings on post-pandemic travel boom By Reuters
© Reuters. FILE PHOTO: Delta Air Lines 737 passenger planes are seen lined up on a runway where they are parked due to flight reductions
The Air-Conditioning Boom Comes to San Francisco and the Northwest
Parts of the U.S. unaccustomed to hot summers crank up ACs and pay more for electricity. Source link
US airline stock valuations stuck on runway despite travel boom By Reuters
3/3 © Reuters. FILE PHOTO: A woman checks the arrivals and departures board at Chicago Midway International Airport in Chicago, Illinois, U.S. April 18, 2023.
China-led EV boom in Thailand threatens Japan’s grip on key market By Reuters
2/2 © Reuters. FILE PHOTO: The BYD Atto 3 EV car is displayed at the 39 Thailand International Motor Expo, in Bangkok, Thailand, November 30,
A Trillion-Dollar Opportunity: China’s Pivot to the Middle East Set to Fuel Investment Boom
Middle Eastern sovereign-wealth funds have a lot of money to invest. More of it is set to go to Chinese businesses. The increasing economic links
The AI Boom Isn't Breaking the Memory-Chip Slump—Yet
Samsung Electronics forecast a 96% drop in its operating profit for its second quarter—a sign that even the world’s largest maker of memory chips isn’t