What’s in Dia’s Wallet: Why I’m in luv with the new Southwest Airlines/Icelandair partnership
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Welcome news for Southwest Airlines fans: you’ll soon be able to use Rapid Rewards points to get to Europe on Icelandair.
Ozempic goes from threat to opportunity for packaged-food makers
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Less than a year ago, the head of Novo Nordisk A/S was fielding calls from “scared” food industry executives about his company’s blockbuster drug that suppressed cravings.
https://fortune.com/2024/10/02/ozempic-threat-opportunity-packaged-food-makers-novo-nordisk/
Bill Gates is open to losing $101 billion to the tax man—but not policies that replicate North Korea’s ‘unbelievable equality’
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Gates said he would support a tax policy which took away 62% of his fortune—worth $101 billion.
https://fortune.com/2024/10/02/bill-gates-tax-rich-north-korea-entrepreneurialism-american-dream/
The best CD rates for Florida in October 2024
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Looking for the best CDs in Florida? We uncovered the best rates in the state.
Longtime China bull Ray Dalio says Beijing now has to chose between ‘beautiful deleveraging’ and economic malaise
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Billionaire investor Dalio says Beijing’s ‘big week’ of stimulus could be one for the history books
Nintendo opens museum to showcase 135-year history of video game giant from playing cards to Super Mario
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The company began life in 1889 producing Japanese playing cards called "hanafuda" as well as Western-style ones. Nintendo launched its first home video-game machines in 1977.
Stocks soar in Hong Kong while Middle East tensions sober Japan and Europe
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Hong Kong shares roared higher while Japan dropped and Europe wobbled a day after Iran fired scores of missiles into Israel.
https://fortune.com/2024/10/02/premarket-stock-futures-dow-sp500-nasdaq-7/
LVMH’s Bernard Arnault acquires glossy French weekly Paris Match for €120 million
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Paris Match is widely read for insights into the life of the country's cultural and political elite and shows an insatiable interest in royal families.
https://fortune.com/europe/2024/10/02/lvmhs-bernard-arnault-bollore-paris-match/
Many women find their own breast cancer. So why are breast self-exams no longer recommended?
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When it comes to preventing breast-cancer deaths, the incremental advantage of the self-exam is hard to demonstrate. But self-awareness is vital.
A bitter feud risks ripping apart an $11 billion metals empire
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Even in a country of large conglomerates like Korea, where inheritance fights are common, few involve private equity backers stepping into the ring to stand against wealthy establishment names.
https://fortune.com/asia/2024/10/02/korea-zinc-bitter-feud-11-billion-metals-empire-mbk-partners/
Hindujas found guilty of exploiting servants at Geneva villa
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Ajay Hinduja and his wife, Namrata were charged with human trafficking.
Debate highlights: Tim Walz and JD Vance’s biggest economic battles
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The economy had a starring role in the first, and likely only, vice presidential debate of the 2024 cycle.
https://fortune.com/2024/10/02/key-economic-issues-tim-walz-jd-vance-debate-vice-president/
Malaysia bags another cloud deal from U.S. Big Tech with $6.5 billion pledge from Oracle
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Oracle's investment is one of the largest such pledges in Malaysia, superseding Amazon's $6.2 billion project announced in August.
https://fortune.com/asia/2024/10/02/oracle-invests-malaysia-cloud-computing-big-tech-ai/
Burberry brand value plunges 42% as group threatens to become long-term victim of the luxury slowdown
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Burberry was the second-biggest faller in Kantar's BrandZ ranking of brand value of 75 U.K. companies.
https://fortune.com/europe/2024/10/02/burberry-brand-value-long-term-victim-luxury-slowdown-kantar/
Debate highlights: Walz and Vance’s biggest economic battles
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The economy had a starring role in the first, and likely only, vice presidential debate of the 2024 cycle.
https://fortune.com/2024/10/02/key-economic-issues-tim-walz-jd-vance-debate-vice-president/
Hindujas found guilty of exploiting servants at Geneva villa
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Ajay Hinduja and his wife, Namrata were charged with human trafficking.
What is Medicare tax and who pays it? Experts explain
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Medicare funding comes from a combination of government contributions, payroll taxes, and monthly premiums paid by Medicare beneficiaries.
Ex-NFL employee who embezzled $22M sues FanDuel alleging it fed gambling addiction
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He pleaded guilty to embezzling $22 million. Now he is suing for $250 million.
https://fortune.com/2024/10/01/nfl-jaguars-fanduel-sports-betting-gambling-lawsuit/
Unredacted messages show Snapchat’s inaction on abuse, lawsuit claims
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The lawsuit claims the company also openly promotes child trafficking and the sale of illicit drugs and guns.
Protecting Medicare a top concern for more than half of Americans in 2024 presidential election
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Independents favored Harris over Trump in a new Gallup–West Health poll, but a third don’t trust either candidate on health care.