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Disney's streaming business turns a profit in first financial report since challenge to Iger

The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit. Theme parks also continued to do well and the company boosted its outlook for the year.

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US firm fined $650K for illegally hiring children to clean meat processing plants

A Tennessee-based sanitation company has agreed to pay more than half a million dollars after a federal investigation found it illegally hired at least two dozen children to clean dangerous meat processing facilities in Iowa and Virginia.

The U.S. Department of Labor announced Monday that Fayette Janitorial Service LLC entered into a consent judgment, in which the company agrees to nearly $650,000 in civil penalties and the court-ordered mandate that it no longer employs minors. The February filing indicated federal investigators believed at least four children had still been working at one Iowa slaughterhouse as of Dec. 12.

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Call it Cognac diplomacy. France offered China's Xi a special drink, in a wink at their trade spat

How do you smooth over trade tensions with the all-powerful leader of economic powerhouse China? Charm him with a bottle of Cognac, or two.

That seemed to be French President Emmanuel Macron's strategy with his carefully selected gift list for visiting Chinese President Xi Jinping on Monday.

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Unlocking Lebanon's clean energy potential: A gateway to sustainable tomorrow

Middle East Clean Energy conference & exhibition is back with its third edition, poised to revolutionize the landscape of clean and renewable energy in Lebanon. This pioneering exhibition and conference serve as a nexus for industry experts and executives to converge, showcasing cutting-edge advancements and fostering dialogue on the future of sustainable energy solutions.

Mission & Vision: The ethos of Middle East Clean Energy extends beyond mere discourse; it embodies a steadfast commitment to raising public awareness and catalyzing actionable initiatives in the realm of clean and renewable energy. With a vision to propel Lebanon towards a greener future, the expo serves as a comprehensive industry hub, facilitating collaboration and accelerating market penetration.

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Trump awarded 36 million more Trump Media shares worth $1.6 billion after hitting price benchmarks

Former U.S. President Donald Trump has secured an additional $1.6 billion worth of shares in Trump Media, according to a regulatory filing this week.

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Want to spend the night in a Paris museum or a house owned by Prince? Airbnb plans to list them

In a mad mix of game-show glitter and marketing flash, Airbnb is offering customers a chance to spend a night in a Paris museum, stay in houses mocked up to look like movie settings, or sleep surrounded by eight Ferrari racing cars.

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Elimination of Tesla's charging department raises worries as EVs from other automakers join network

Elon Musk's move to lay off the department responsible for Tesla's electric vehicle chargers has touched off worries in the auto industry that EVs from other automakers will have trouble joining Tesla's network.

Several leaders of Tesla's Supercharger team posted social media messages saying they were told Monday night that entire group of about 500 had been laid off by CEO Musk, who seemed to confirm the move in a posting Tuesday on X, the social media site he now owns.

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Iran slaps sanctions on US, UK over Israel support

Iran announced on Thursday sanctions on several American and British individuals and entities for supporting Israel in its war against the Palestinian militant group Hamas.

The Islamic republic, the regional arch-foe of Israel, unveiled the punitive measures in a statement from its foreign ministry.

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Poland probes state refiner's reported Hezbollah links

Polish prosecutors on Tuesday said they were investigating the Swiss unit of state-controlled refiner PKN Orlen for reported links with Lebanon’s Hezbollah.

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Samsung reports 10-fold increase in profit as AI drives rebound in memory chip markets

Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips.

The South Korean semiconductor and smartphone giant said its operating profit for the Jan-March quarter came in at 6.6 trillion won ($4.8 billion), up from the 640 billion won ($465 million) it earned during the same period last year.

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