London (CNN Business) Mercedes-Benz is taking a big stake in struggling British carmaker Aston Martin. The carmakers have confirmed in statements that Mercedes-Benz will increase its stake in Aston Martin over the next three years from 2.6% to as much …
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New York (CNN Business) McDonald’s finds itself struggling at breakfast, a part of the day it once dominated. So the chain is rolling out new bakery items Wednesday for the first time in nearly a decade. The expansion of the company’s McCafé lineup adds …
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Mortgage rates diverged today, but one key rate sunk lower. The average for a 30-year fixed-rate mortgage declined, but the average rate on a 15-year fixed climbed. Meanwhile, the average rate on 5/1 adjustable-rate mortgages remained steady.
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Dallas-based Topgolf Entertainment Group and Callaway Golf Co. announced that they will combine forces, creating a company unlike any other in the golf industry. The move will create a company with pro forma 2019 revenue of nearly $2.8 billion â a little …
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London (CNN Business) London Heathrow has lost the title of Europe’s busiest airport to Charles de Gaulle in Paris and is downgrading its forecasts for passenger numbers this year and next as the outlook for aviation deteriorates further. “Paris has overtaken …
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