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The Daily Beast’s New Bosses Plan Buyouts to Cut Losses

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The two leaders have looked for money-saving measures since joining the digital tabloid in April.The Daily Beast’s new leaders will do a round of voluntary buyouts intended to cut costs by $1.5 million, in one of their first major moves to try to revitalize th... More »

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Adam Neumann Gives Up on Buying Back WeWork

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The co-founder of the shared-office company, who stepped down under pressure before the firm went bankrupt, announced an audacious takeover bid earlier this year.Adam Neumann has officially admitted defeat in his quest to buy back WeWork, ending his bid to acq... More »

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How One Chinese EV Company Made Battery Swapping Work

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Battery swapping is a technology that could solve one key barrier for EV adoption: consumers’ range anxiety and the long waiting time for battery charging. Wouldn’t you feel more assured on a weekend trip if you knew you could stop at a swap station and replac... More »

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Big Oil’s Winning Streak Forces Activists to Regroup

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Climate-focused shareholders are rethinking their tactics ahead of this week’s annual meetings at Exxon Mobil and Chevron. Exxon Mobil is feeling bullish after pushing back against activist investors.Chris Helgren/ReutersBig Oil’s big climate showdown Months o... More »

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