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Skims valued at billion after new funding round as it accelerates store expansion

Skims valued at $5 billion after new funding round as it accelerates store expansion

Skims underwear is displayed on a shelf at a Nordstrom store on March 25, 2025 in Corte Madera, California. Justin Sullivan | Getty Images Kim Kardashian’s Skims brand has raised $225 million in new funding led by Goldman Sachs Alternatives, valuing the shapewear and apparel company at $5 billion — up from roughly $4 billion […]

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Flight cancellations ease, hitting lowest rate in almost a week, with end to the shutdown in sight

Business News / Leave a Comment

The FAA Air Traffic Control tower at LaGuardia Airport (LGA) in the Queens borough of New York, US, on Friday, Nov. 7, 2025. Michael Nagle | Bloomberg | Getty Images Flight cancellations eased across the U.S. on Wednesday ahead of a House vote on a funding bill that could end the longest federal government shutdown

Flight cancellations ease, hitting lowest rate in almost a week, with end to the shutdown in sight Read More »

Autonomous EV trucking company Einride going public in SPAC deal valuing it at .8 billion

Autonomous EV trucking company Einride going public in SPAC deal valuing it at $1.8 billion

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The Einride EV freight truck charging station in Lynwood, California, built by Voltera and located close to the Ports of Los Angeles and Long Beach. Einride Autonomous EV freight trucking company Einride is planning to go public on the New York Stock Exchange through a SPAC deal with Legato Merger Corp. III, a blank check

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Swiss sneaker company On raises guidance again, says it won’t offer Black Friday deal

Business News

Logo of Swiss shoemaker On is displayed in a shop in Zurich, Switzerland, Aug. 28, 2025. Denis Balibouse | Reuters On raised its full-year guidance for the third quarter in a row on Wednesday after the Swiss sportswear company posted another three months of double-digit growth, bucking a slowdown in the sneaker market. The company,

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CoreWeave CEO responds to data center delays as stock plunges. Core Scientific shares fall

Finance News

CoreWeave shares sank 13% on Tuesday after CEO Mike Intrator addressed delays at a third-party data center developer that hit full-year guidance in its latest earnings report. “Quite frankly, every single part of this quarter went exactly as we planned, except for one delay at a singular data center,” Intrator told CNBC’s “Squawk on the Street” on

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AI spending is not all equal. Wall Street rewards hyperscalers, punishes DoorDash and Duolingo

Finance News

Duolingo, Doordash and Roblox apps Tiffany Heard-Grear | Bloomberg | Getty Images Across the tech sector this earnings season, companies told Wall Street to get ready for ramped up spending as the artificial intelligence boom accelerates. But while investors largely rewarded the megacaps for their boosted capital expenditure forecasts, or just shrugged off their guidance,

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Kia previews next-gen Telluride SUV as ‘new benchmark’ for brand

Business News

DETROIT – Kia on Monday previewed its next-generation Telluride SUV that the company is describing as a “new benchmark for the brand’s design and ambition.” The first-generation Telluride has been a standout success for the South Korean car brand since it launched in 2019, at many times ranking as one of the most highly in-demand

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Private-jet demand is on the rise amid government shutdown, says Flexjet CEO

Business News

A FlexJet Gulfstream G450 airplane approaches San Diego International Airport for a landing on May 9, 2025 in San Diego, California. Kevin Carter | Getty Images News | Getty Images Demand for flights on private jets has been on the rise during the U.S. government shutdown as commercial air travel headaches have worsened, the CEO

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Flight disruptions from shutdown worsen; Delta, United offer extra pay to crew flights

Business News

Flight timings and cancellations are displayed on the departures board, a month into the ongoing U.S. government shutdown, at Ronald Reagan Washington National Airport in Arlington, Virginia, U.S., November 9, 2025. Annabelle Gordon | Reuters Flight cancellations were again worsening on Monday as air traffic controller shortages worsened by the longest-ever U.S. government shutdown snarled

Flight disruptions from shutdown worsen; Delta, United offer extra pay to crew flights Read More »

Restaurant Brands International to form joint venture for Burger King China to accelerate expansion

Business News

People walk past a Burger King restaurant with Chinese national flags displayed on a street during the National Day Golden Week holiday on October 5, 2024, in Chongqing, China. Cheng Xin | Getty Images Restaurant Brands International on Monday announced that it will form a joint venture with CPE, a Chinese alternative asset manager, to

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Skims valued at $5 billion after new funding round as it accelerates store expansion

Flight cancellations ease, hitting lowest rate in almost a week, with end to the shutdown in sight

Autonomous EV trucking company Einride going public in SPAC deal valuing it at $1.8 billion

Swiss sneaker company On raises guidance again, says it won’t offer Black Friday deal

CoreWeave CEO responds to data center delays as stock plunges. Core Scientific shares fall

AI spending is not all equal. Wall Street rewards hyperscalers, punishes DoorDash and Duolingo

Kia previews next-gen Telluride SUV as ‘new benchmark’ for brand

Private-jet demand is on the rise amid government shutdown, says Flexjet CEO

Flight disruptions from shutdown worsen; Delta, United offer extra pay to crew flights

Restaurant Brands International to form joint venture for Burger King China to accelerate expansion

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