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Stories published on Oct 1
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  • Stories published on Oct 1

Tuesday, Oct 1

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Iconic retail food company closing down, no bankruptcy filing yet

www.thestreet.com

The 72-year-old frozen food retail company will shut down operations in November.

Austin-based AI company hopes to transform the way students learn

www.kxan.com

Austin-based artificial intelligence education company Cognify wants to transform the way college students learn.

Nike Q1 Earnings Fall 26% as Company Preps for New CEO

www.sportico.com

Nike reported first-quarter earnings per share of $0.70 that were 26% lower than last year, but easily topped estimates of $0.52. Revenue fell 10% to $11.59 billion and fell just short of Wall Street expectations of $11.65 billion. The…

New Mexico attorney general says internal Snap documents show the company allowed spread of sextortion on Snapchat

www.nbcnews.com

The New Mexico attorney general said Tuesday that internal documents from Snapchat released as part of an ongoing lawsuit show how the platform failed to manage and notify users about sextortion on the platform.

Biotech Company Roivant Sciences Takes 55K SF at Vornado’s Penn 1

Biotech company Roivant Sciences, which was founded by former Republican presidential candidate Vivek Ramaswamy, has taken 55,000 square feet at Vornado Realty Trust’s 1 Penn Plaza. Roivant signed a 15-year lease to move into the penthouse…

Cannabis Company TerrAscend Secures Second And Final $26M Loan, Reduces Debt In Michigan

www.benzinga.com

TerrAscend completes final $26M draw of $140M debt financing, reducing high-interest Michigan debt and positioning for expansion.

Berkshire Hathaway, originally a textile manufacturing company, came to be acquired by Warren Buffett in 1965

www.foxbusiness.com

Berkshire Hathaway is a holding company with many large companies in its resume. Berkshire Hathaway has been led by Warren Buffett since 1965.

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Charles Barkley’s New Production Company’s Main Difference With LeBron James’ $1.2 Billion Enterprise Noted After Big Launch

From Michael Jordan’s ‘Jump 23′ to Kevin Durant’s ‘Thirty-Five’, the basketball stars have long leveraged their celebrity status to conquer Hollywood. But the recent TNT contract dispute with the NBA that nearly derailed the popular and…

23andMe Is Sinking Fast. Can the Company Survive?

www.wired.com

The home DNA testing boom is over, and 23andMe is running out of options.

How to Build a Legacy For Your Company You Can Be Proud Of

We all want to be proud of the personal and professional legacy we leave behind. The "obituary test" is a powerful tool for determining whether or not you and the organization you've put so much time, effort and energy into are aligned…

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Ex-Controller Who Stole $340K From Northern Westchester Company Gets Prison Time

dailyvoice.com

A 54-year-old woman who stole hundreds of thousands of dollars from the Northern Westchester-based company she worked for will spend several years in prison.

World-famous car company sets up new store at Santana Row in San Jose

www.mercurynews.com

A world-famous automotive company has set up shop at Santana Row in San Jose.

World-famous car company sets up new store at Santana Row in San Jose

A world-famous automotive company has set up shop at Santana Row in San Jose.

EDC east of Austin reacquires land previously planned for 'Google-like' fintech company HQ

www.bizjournals.com

It marks a long-awaited revelation regarding the status of the Moca Financial Inc. headquarters project in Bastrop, which in 2021 was said to bring 700 jobs, three buildings and a "Silicon Valley vibe," with water features, bike trails and…

Q&A with Microsoft AI CEO Mustafa Suleyman on the company's AI agent progress, like transacting with third parties on users' behalf, which is still a ways off (Will Knight/Wired)

www.techmeme.com

Q&A with Microsoft AI CEO Mustafa Suleyman on the company's AI agent progress, like transacting with third parties on users' behalf, which is still a ways off — Microsoft AI CEO Mustafa Suleyman is overseeing an overhaul that gives Copilot…

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Hurricane Helene Devastation: The Latest On Damage, Companies Affected

www.benzinga.com

Hurricane Helene left over 130 dead and 800,000 without power. Utilities provider Duke Energy Corp reports 2 million customers affected but restores power to 1.35 million. Insurers don't expect major losses, estimated economic damage of …

Price Over Earnings Overview: Williams Companies

www.benzinga.com

In the current session, the stock is trading at $45.99, after a 0.76% increase. Over the past month, Williams Companies Inc. (NYSE:WMB) stock increased by 0.98%, and in the past year, by 39.68%. With performance like this, long-term…

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Obesity is a chronic disease, and insurance companies should treat it that way

As a longtime women’s health advocate, I applaud the Sun-Times Editorial Board for recognizing that obesity is an urgent health issue with a particular impact on women — both in Illinois and across the country (“Severe obesity is a health…

All the major legal battles Elon Musk and his companies are facing

www.ocregister.com

Bloomberg News has identified more than half a dozen ongoing legal fights in which Musk is a defendant or a plaintiff, as well as about a dozen others involving his companies.