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Business News Barry Diller’s People Inc. has rescinded its proposal to buy MGM Resorts International, sending shares of the casino giant down 9% on Thursday. The update comes nearly four months after Diller’s company offered to purchase MGM Resorts for $48.30 per share. People Inc. already owns a roughly 26.1% stake in MGM. Diller, chairman […]

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Tech A trader works as a screen shows the logo and trading information for Oracle on the floor at the New York Stock Exchange, March 9, 2026. Brendan McDermid | Reuters Oracle shares fell 4% on Thursday following a report that the company sent a “force majeure” notice to the developer of its New Mexico […]

Tech 1. Bonding problems Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., Sept. 16, 2026. Jeenah Moon | Reuters Fears that the Federal Reserve will deliver another interest rate hike this year pushed Treasury yields to multiyear highs yesterday, in turn causing the three major averages […]

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Tech The CEO of Palo Alto Networks has entered the debate around the threat AI poses to humanity, telling CNBC that it’s “unrealistic” to slow down the technology as different companies will do different things. “I think not everybody is going to pace themselves,” Nikesh Arora told CNBC’s “The Tech Download” podcast, recorded on Tuesday. […]