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3) Power Corp Charts Non-Family Future —

Power Corp appoints new CFO as it navigates a future beyond the Desmarais family legacy, eyeing new strategies. #Succession
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2) Cisco Axes 4000 Jobs —

Cisco Systems announces layoffs of over 4000 employees, signaling tighter times in the tech industry. #Layoffs
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📰 BizToc.com Hourly News Flash

1) Recession Hits Japan Unexpectedly —

Japan's economy slips into a recession, challenging BOJ policy direction and prompting calls for wage increases to outpace inflation. #Recession
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4) Democrats Blueprint for 2024 —

Democrats may have found a winning strategy in New York, aiming to replicate Suozzi's victory in upcoming 2024 elections. #Elections
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3) Cisco Announces Job Cuts —

Cisco Systems prepares to slash its workforce by 5%, highlighting the tech industry's struggles amid economic uncertainty. #Cisco
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2) Japan's Economy Contracts Again —

Japan faces a tough economic outlook as GDP shrinks by 0.4% in Q4 of 2023, signaling ongoing challenges. #GDP
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📰 BizToc.com Hourly News Flash

1) Musk Moves SpaceX from Delaware to Texas —

Elon Musk confirms SpaceX will shift its incorporation from Delaware to Texas, reinforcing his commitment to the Lone Star State. #SpaceX
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4) Musk's Texas Gambit —

Elon Musk's SpaceX makes a strategic play by filing to move its incorporation from Delaware to Texas, potentially sparking a business exodus. #SpaceX
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3) Japan's Recession Woes —

In an unforeseen economic turn, Japan slips into a recession, raising critical questions about the Bank of Japan's monetary policy direction. #BOJ
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2) Renesas's Strategic Acquisition —

Japanese chipmaker Renesas announces a $5.8bn bid for software company Altium, continuing its aggressive expansion in the semiconductor arena. #Renesas
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📰 BizToc.com Hourly News Flash

1) Japan's Economic Slide —

Japan’s economy falls into recession, stoking fears and policy uncertainty as the country loses its position as the world's third-largest economy. #Recession
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4) Iran Pipeline Explosion —

A significant gas pipeline explosion in Iran, labeled as 'terrorist sabotage', could have far-reaching implications for regional energy security. #EnergySecurity
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3) Nova-C Heads for the Moon —

Nova-C spacecraft embarks on a historic journey to the moon, propelled by a SpaceX rocket, marking a new era of lunar exploration. #SpaceExploration
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2) Germany Overtakes Japan —

Germany ascends to become the world's third-largest economy after Japan slips into recession amid global economic shifts. #EconomyRanking
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