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The Billionaire Keeping TikTok on Phones in the U.S.
Business

The Billionaire Keeping TikTok on Phones in the U.S.

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Tesla, Saudi Arabia in Early Talks for EV Factory
Business

Tesla, Saudi Arabia in Early Talks for EV Factory

The kingdom is trying to boost foreign investment but has a contentious history with Elon Musk. Source link

Saudi Arabia Once Banned Videogames. Now, It Wants to Export Them.
Business

Saudi Arabia Once Banned Videogames. Now, It Wants to Export Them.

Listen to article (3 minutes) RIYADH, Saudi Arabia—For years, this kingdom’s Islamic clerics waged a war on videogames, banning popular titles such as “Pokémon” for

A Mall Owner’s About-Face: Bet on America’s High-End Malls
Business

A Mall Owner’s About-Face: Bet on America’s High-End Malls

Updated Sept. 12, 2023 12:16 am ET Listen to article (2 minutes) The European owner of Westfield malls is pulling back from its aggressive plan

Vital Natural Gas Is Being Stashed in Caverns Beneath War-Torn Ukraine
Business

Vital Natural Gas Is Being Stashed in Caverns Beneath War-Torn Ukraine

Commodity merchants are pumping billions of cubic meters of natural gas into Ukrainian reservoirs, hoping the war doesn’t disrupt potential profits. Source link

Apollo-Led Lenders Sell Yellow Loan to Citadel
Business

Apollo-Led Lenders Sell Yellow Loan to Citadel

The firm exited its loan investment after rival lenders offered better terms to finance Yellow’s liquidation. Source link

Carl Icahn Should Be Sailing Into the Sunset. Instead, He’s Scrambling to Save His Empire.
Business

Carl Icahn Should Be Sailing Into the Sunset. Instead, He’s Scrambling to Save His Empire.

Listen to article (2 minutes) In 2020, Carl Icahn tapped his son, Brett, to eventually take over his eponymous investment empire, whose value had surged

Saudi Arabia's Sovereign-Wealth Fund Bets Big at Home
Business

Saudi Arabia's Sovereign-Wealth Fund Bets Big at Home

After pumping tens of billions of dollars into global investments, the $700 billion Public Investment Fund is accelerating spending at home, often on obscure startups