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As retailers look for signals as to when consumer spending will normalize postpandemic, macro pressures complicate the pictureAt Costco, shopping frequency in the retail giant’s U.S. business rose about 5% for the quarter ended Sept. 3, but the size of its U.S. consumers’ baskets declined 4.5%.
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As oil companies show little interest, feds cancel plans for drilling off Alaska shoresThere will be no new offshore oil and gas sales in federal waters near Alaska anytime soon.
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COP 28 President: Over 20 energy companies align around 2050 net-zero goalMore than 20 oil and gas companies have positively answered calls to align around net zero by 2050, zero out methane emissions and eliminate routine flaring by 2030, COP28 president Sultan al-Jaber said on Monday at an energy conference.
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'I feel at home here': Utah tech community welcomes 18 Ukrainian companiesYaroslav Fisiuk works with a software development company where about 95% of its more than 300 developers are based in war-torn Ukraine.
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Big Food vs. Big Pharma: Companies bet on snacking just as weight loss drugs boomKellogg, J.M. Smucker and other food companies are making big bets on snacking, but the rise of Wegovy and Ozempic could pose a threat to future sales growth.
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Ackman's SPARC is seeking new deals with private companies By ReutersAckman's SPARC is seeking new deals with private companies
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Ackman's SPARC is seeking new deals with private companiesPershing Square SPARC Holdings Ltd, said that it will pursue business combinations with privately-held companies after receiving regulatory approval from U.S regulators for distributing special purpose acquisition rights.
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