Tesla's mass layoffs and reduced car production have Wall Street 'waking up from the dream'

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Tesla's mass layoffs and reduced car production have Wall Street 'waking up from the dream'

Elon Musk's electric-auto giant Tesla said Wednesday it has curbed production for some of its most expensive vehicles after its second mass layoff in seven months, fueling concern over the company's ability to survive without making as many of the top …
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BuzzFeed to Cut 15% of Its Workforce

BuzzFeed is planning to lay off about 15% of its workforce, according to people familiar with the situation, as the company seeks to reorient itself in a shifting digital-media landscape.
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Gold Medal flour recalled nationally, due to salmonella concerns

General Mills is recalling five-pound bags of Gold Medal Unbleached Flour due to salmonella concerns. The only packages being recalled are those with a better-if-used-by-date of April 20, 2020, the company said Wednesday.
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Why Ford's Operating Profit Dropped 28% in 2018

Ford Motor Company (NYSE:F) posted a loss of $116 million for the fourth quarter, more than explained by an accounting charge related to its pensions.
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This $238 Million New York Penthouse Broke the Record for the Most Expensive American Home Ever Sold

Just days after buying one of the most expensive residential properties in London, Ken Griffin set a record in the U.S.. The Citadel founder closed on the $238 million penthouse at 220 Central Park South, so he'll have a place to stay when he's working …
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