Business

The first half of 2024 has posed considerable challenges for the toy industry, with increased inflation triggering a sales downturn that has affected many household names. As consumers grapple with rising prices and reconsider their spending habits, several toy manufacturers have witnessed significant sales declines. Among the contenders, Lego has carved out a distinctive path,
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The upcoming NBA season, commencing on October 22, 2023, heralds significant changes for fans of the Dallas Mavericks and New Orleans Pelicans. As both teams transition away from their current regional sports networks, it raises crucial questions about how viewers will access local games moving forward. The recent developments surrounding these franchises underscore a broader
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The annual Monterey Car Week has historically served as a significant benchmark for the classic car auction market, showcasing a plethora of vintage vehicles and enticing high-net-worth collectors. However, recent data from this year’s sales indicates an intriguing shift. The total auction revenue reached $391.6 million, a slight decline from the previous year’s $403 million,
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In a significant announcement amidst the rapidly evolving landscape of electric vehicles (EVs), Ford Motor Company has decided to recalibrate its electric vehicle strategy. The automaker revealed plans to push back the production of a new all-electric pickup truck in Tennessee while also canceling the production of a highly anticipated three-row electric SUV. This strategic
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In a significant development for the aviation sector, Alaska Airlines has announced that its ambitious plan to merge with Hawaiian Airlines has garnered clearance from the U.S. Justice Department. This green light comes after a thorough antitrust investigation that spanned eight months, following the initial $1.9 billion merger announcement made between the two airlines last
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The issue of retail theft has emerged as a significant concern for California’s economy, with substantial implications for both consumers and businesses. In response to this escalating challenge, Governor Gavin Newsom recently enacted ten new laws aimed at curbing retail crime across the state. This legislative action marks a crucial step in addressing a problem
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