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U.S. Cellular Owner Explores Sale
The regional wireless carrier’s controlling shareholder says it is exploring strategic options for a business left behind by telecom’s consolidation wave. Source link
Disney's ESPN Plots Its Streaming Future, Seeking Tie-Ups With Leagues and Rivals
ESPN’s talks with potential strategic partners are touching on several roles the sports-TV giant could play in the streaming world, including as a major broadcaster
Airbnb Powers to Most Profitable Second Quarter on High Nightly Rates
Airbnb posted its most profitable second quarter ever, boosted by high nightly rates guests were willing to pay—in a sign that steep travel prices are
Triple-Digit Heat, but No Electric Bill? For Passive Homeowners, 'It's Hard to Go Back'
Three side-by-side houses in Boston are designed to offer clean inside air, reduced emissions and little to no energy costs. Source link
Gucci Works Its Socks Off to Be Cool Again
A big test for the fashion brand comes in September Source link
Israeli AI Startup Vesttoo Sparks a Global Insurance Scandal
The Tel Aviv-based firm is embroiled in an alleged multibillion-dollar fraud involving faked letters of credit, and may fire its founders. Source link
Amazon Shines During Apple's Off-Season
One tech titan snaps its growth slump, while the other remains mired in it. Source link
Inflation Is Cooling. Food Inflation Could Get Worse.
Food prices have been rising rapidly for longer than central bankers had expected, and recent setbacks may prolong the agony. Source link
American Travelers Are Shunning U.S. for Europe
Domestic ticket fares are falling as travelers favor longer trips abroad. Source link
Private-Equity Firm KKR in Advanced Talks to Buy Simon & Schuster for Roughly $1.65 Billion
Book publisher was put up for sale for the second time after a judge blocked a previous deal with Penguin Random House. Source link