National Football League owners approved Tom Brady as a minority owner of the Las Vegas Raiders on Tuesday.The seven-time Super Bowl champ bought about a 10% stake in the Raiders with his business partner, Knighthead Capital founder Tom Wagner.Brady and Wagner are buying into the Raiders at about a $3.5...
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Top Wall Street analysts prefer these dividend stocks for steady income
A McDonalds located on Santa Monica Blvd in Los Angeles, California, April 1, 2024.Robert Gauthier | Los Angeles Times | Getty ImagesInvestors looking for steady income amid the ongoing geopolitical tensions in the Middle East and economic uncertainty can consider adding dividend-paying stocks to their portfolios.Choosing the right stocks from...
Alibaba’s international arm says its new AI translation tool beats Google and ChatGPT
Chinese e-commerce company Alibaba has invested heavily in its fast-growing international business as growth slows for its China-focused Taobao and Tmall business.Nurphoto | Nurphoto | Getty ImagesBEIJING — Chinese e-commerce giant Alibaba's international arm on Wednesday launched an updated version of its artificial intelligence-powered translation tool that, it says, is...
Boeing to cut 17,000 jobs as losses deepen during factory strike
Boeing 737 MAX airliners are pictured at the company's factory in Renton, Washington, on Sept. 12, 2024.Stephen Brashear | APBoeing will cut 10% of its workforce, or about 17,000 people, as the company's losses mount and a machinist strike that has idled its aircraft factories enters its fifth week. It...
‘The choice of the people’: How Modelo and Corona maker Constellation Brands won the loyalty of Hispanic consumers in the U.S.
Packages of Modelo Especial beer are displayed for sale in a grocery store on June 14, 2023 in Los Angeles, California. Mario Tama | Getty ImagesModelo cans have become part of the fabric of events for Rio Riojas' family and community in Lansing, Michigan.The 35-year-old often finds himself opting for the...