Venezuelan strongman Nicolas Maduro’s $13 million plane seized by the U.S.
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The Justice Department said the plane, a Dassault Falcon 900EX private jet used by Maduro and members of his government, was "illegally purchased."
The Fed is predicting a ‘soft landing’ but Americans aren’t ready to celebrate
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Though consumer sentiment is slowly rising, a majority of Americans in some surveys still complain about elevated prices.
https://fortune.com/2024/09/03/fed-predicting-soft-landing-americans-not-ready-celebrate/
Jury deliberating fate of Nevada politician accused of killing reporter who uncovered his affair
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Closing arguments were heard Monday. Telles is accused of stabbing German after he learned that the reporter was about to expose an affair.
Beijing hits back at new China EV tariffs with anti-dumping probe into Canadian goods
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Bilateral ties plunged into a deep freeze for several years from 2018, when Canada detained Meng Wanzhou, a top executive from Chinese tech giant Huawei, prompting Beijing to arrest two Canadian nationals in retaliation.
Cathay Pacific cancels almost all its Singapore-Hong Kong flights due to an Airbus A350 engine problem
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Cathay Pacific flight CX383 took off shortly after midnight on Monday, bound for Zurich. It didn’t get far however.
Astrid & Miyu’s founder bought two flats in her 20s: ‘I used one to fund my MBA and the other to fund the business’
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Astrid & Miyu founder Connie Nam unwinds from the stress of running 22 jewelry shops with fortnightly manicures and monthly massages.
Telegram’s financials: It’s a loss-making company (which holds a lot of crypto)
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The financials, filed in the British Virgin Islands, show revenue of only $342 million and a net loss of $259 million in 2023.
https://fortune.com/2024/09/02/telegram-financials-crypto-toncoin/
Kamala Harris will say US Steel should not be sold to Japan
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US Steel said that it remained committed to a proposed deal with Nippon Steel.
Twitter/X ban ratified by Supreme Court of Brazil
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The suspension is in effect until Musk agrees to block profiles with anti-democratic or criminal content and names a legal representative in the country.
https://fortune.com/2024/09/02/twitter-x-ban-supreme-court-brazil-elon-musk/
Republican network funds liberal third-party candidates hoping to hurt the Harris vote
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The efforts could be effective in states where the margin of victory might be tiny.
https://fortune.com/2024/09/02/republican-network-funds-third-party-candidates/
Linda Deutsch, reporter at trials of OJ Simpson, Michael Jackson and Charles Manson, dies at 80
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She was one of America’s best-known trial reporters when she retired in 2015.
Telegram’s financials show a huge crypto business inside a loss-making company
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The financials, filed in the British Virgin Islands, show revenue of only $342 million and a net loss of $259 million in 2023.
https://fortune.com/2024/09/02/telegram-financials-crypto-toncoin/
In 2025 Norway is expected to reach a world record of selling 100% new electric cars
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Electric vehicles made up 94.3% of new car registrations in Norway so far this year.
Russian public fear they may lose ‘main information source’ after Telegram founder’s arrest
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Since 2022 Russia has blocked access to Western social media including Facebook, Instagram and X, leaving Telegram as a primary source of news for millions.
https://fortune.com/europe/2024/09/02/telegram-arrest-blocked-russia-public-information/
U.K. government steps in as Ticketmaster’s ‘dynamic pricing’ fiasco triggers public outrage over surging Oasis ticket prices
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Fans who spent hours in online queues were dismayed to find their tickets had more than doubled in price.
HP confirms it will pursue Mike Lynch’s grieving family for $4 billion
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Hewlett Packard moved to end speculation that it would end its case against Lynch over PR concerns.
https://fortune.com/europe/2024/09/02/hewlett-packard-mike-lynch-bereaving-family-4-billion-lawsuit/
Brazilians using a VPN on Elon Musk’s X face daily fines greater than their annual wages
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Musk’s feud with Brazil has become a global flashpoint in the debate around how far governments can go to police protected free speech in a democracy.
https://fortune.com/2024/09/02/elon-musk-brazil-alexandre-de-moraes-ban/
Gen Z expect to inherit money and assets—but their boomer parents aren’t planning on leaving anything behind
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Over half of Gen Zers and nearly 60% of millennials are depending on their inheritance to achieve financial security. Just 22% of baby boomers expect to leave them anything.
HP confirms it will pursue Mike Lynch’s bereaving family for $4 billion
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Hewlett Packard moved to end speculation that it would end its case against Lynch over PR concerns.
https://fortune.com/europe/2024/09/02/hewlett-packard-mike-lynch-bereaving-family-4-billion-lawsuit/
Sweden tells parents that toddlers shouldn’t be allowed to watch TV or screens at all
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Children under the age of two should be kept away from digital media and television completely, while 2-5 year olds should have a maximum of one hour a day, according to Sweden's Public Health Agency.
https://fortune.com/europe/2024/09/02/tv-screens-children-toddlers-sweden-parents-allowed/