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The Latest Breaking News from Third Bridge

How Reddit Surprised Wall Street With 185% Post-IPO Surge

Reddit stock has been a top-performer among recent IPOs, surprising Wall Street with rapid user growth and strong ad sales.

Investors Business Daily

Prolonged Strike Clouds New Boeing CEO's Turnaround

The quest by Boeing's new CEO to revive the aviation giant's fortunes suffered a serious blow when striking machinists voted down the latest contract proposal, prolonging a nearly six-week stoppage.

International Business Times

Boeing Reports $6.2 Bn Loss On Strike, Defense Contract Woes

Boeing reported a whopping $6.2 billion quarterly loss Wednesday as a nearly six-week labor strike weighed on its commercial plane division and costly problems dragged down its defense and space business.

International Business Times

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The Future of Weight-Loss Drugs for Investors

Weight-loss drugs’ impact could reach far beyond their target user, potentially creating headwinds for shares of snack makers and packaged-food firms, as well as medical device makers that specialize in knee replacements, insulin pumps and sleep apnea machines.

Kiplinger

Capital One-Discover merger faces key risk (it's not the consumer)

The big bank deal faces a key risk unrelated to the health of the American consumer.

The Street

Hundreds of Flights Axed as US Kicks Off Long Holiday Weekend

Airlines cancelled several hundred US flights Saturday at the start of a long and almost certainly messy holiday travel weekend as carriers struggled to staff their planes. As of mid-day, with Americans gearing up for July 4 Independence Day celebrations, some 600 flights within, into or out of the United…

Asharq Al-Awsat

BAE Systems to face 'fierce competition' from Google and Microsoft over cybersecurity

Experts at Third Bridge questioned whether BAE can be sufficiently agile in the rapidly changing defence industry

Birmingham Post

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People

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