UpFront
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Saudi Aramco announces plans to go public
Probably the world's most profitable enterprise, the company's plans could lead to the largest initial stock offering ever
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How WeWork's Adam Neumann failed up
The last 80 days have seen an implosion unlike any other in the history of startups. As the scope of the WeWork disaster comes into focus, the question on everyone's mind is how its founder and chief executive managed to fail so spectacularly
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Juul's meltdown costs tobacco giant Altria $4.5 billion
It was in 2018 that Altria Group had picked up a 35% stake in Juul Labs for $12.8 billion. On Thursday, it said that it had devalued its investment in the vaping company by $4.5 billion, as bans against vaping intensified across the US and the company was struggling with a scrutiny over its under-age users
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'Joker Stairs' are becoming a tourist hotspot
Every day since the movie's release in early October, dozens, sometimes hundreds, of visitors have traveled to the staircase Hurvitz found to visit and take selfies on the same steps Joaquin Phoenix's character hikes up, and later descends in one of the movie's memorable scenes as he celebrates his transformation into the Joker
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Ten interesting things we read this week
Some of the most fascinating topics covered this week are: Economy (Economists on the run), Technology (Machines beat humans on a reading test), Environment (What happens when a city bans car from its streets; Lessons from London's pollution revolution), and Education (Why the most successful students have no passion for school)
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Where are the American jobs?
Even in some of the hottest labor markets in the country—let alone lagging rural regions and former industrial powerhouses—workers, including skilled ones, say they cannot find jobs that provide a middle-class income and do not come with an expiration date.
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WeWork ex-chief Adam Neumann accused of pregnancy discrimination
His chief of staff Medina Bardhi says she was reluctant to tell her boss about her pregnancy; in a complaint she added that he called her maternity leave a "vacation" or "retirement"
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Apple's profits fall for fourth straight quarter, iPhone sales fall 9%
Apple's profit fell 3.1% to $13.69 billion in the latest quarter, from $14.13 billion a year ago, largely because of continued declines in iPhone sales. Yet the results beat analysts' expectations and were quickly cheered by investors because of indications that its new iPhone models would be a hit
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Barneys' bankruptcy fight could impact entire high-fashion retail world
As a bankruptcy court judge in Poughkeepsie, New York, is expected to rule on the fate of Barneys', the decision could have repercussions far from the corner of 61st and Madison in Manhattan—Barneys' flagship store may well disappear and all of its stores could close
