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Insurers Aim to Boost Rates
Severe storms that brought hail and high winds to places such as Texas and states in the central U.S. are wreaking havoc on insurers’ profits.
Home Sales Fall Amid High Mortgage Rates, Low Supply
Existing home sales, which make up most of the housing market, decreased 3.3% in June from the prior month to a seasonally adjusted annual rate
Tesla's AI Hype Collides With Reality
Elon Musk leaned into perceptions of Tesla as a leader in artificial intelligence on Wednesday’s earnings call, but didn’t signal concrete progress on self-driving technology
Why Russia Killed the Ukraine Grain Deal
Disrupting Ukrainian exports could help Russia get better prices for its own agricultural commodities. Source link
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.
A Billboard for the Living Room? How Telly Wants Advertisers to Pay for Your TV Set
A startup called Telly has begun shipping free smart TVs to U.S. homes in a novel strategy to help marketers target viewers with ads despite
Elliott Takes Big Stake in Drugmaker Catalent
The activist is pushing for a shake-up of the contract drug manufacturer’s board. Source link
Nearly Every Travel Company Has a Loyalty Program. Why Doesn't Airbnb?
The most popular short-term rental company has hinted at adding its own reward system in the past, but now finds itself behind a competitor. Source
She Was the Oppenheimer of Barbie. Her Invention Blew Up.
Mattel co-founder Ruth Handler engineered a new way of selling toys. Then she created the most popular doll in history. Source link
American Airlines Raises Profit Outlook as Demand for Trips Abroad Heats Up
The airline said quarterly sales rose almost 5% from a year ago and above analysts’ expectations. Source link