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The SpaceX $17 billion spectrum buy finally makes sense

SpaceX spent close to two years and nearly $20 billion buying wireless spectrum licenses that had nothing to do with rockets or satellite broadband. Analysts struggled to explain why a space company needed land-based mobile… 

Costco reveals why Kirkland keeps beating name brands

For many shoppers, a trip to Costco starts with a simple question. “Is there a Kirkland version?” Over the past three decades, the warehouse club giant has transformed Kirkland Signature from a low-cost private label… 

Classic sports bar chain closed over 50 locations

For a sports bar to succeed, it needs to attract customers when there’s no major sports event airing. Hospitality expert and “Bar Rescue” host Jon Taffer has argued that sports bars cannot rely on game-day… 

Micron just dethroned Nvidia in one key way

Every boom eventually forces the same question, and it is rarely the one investors ask first. Not who is growing fastest, or who has the biggest name, but who actually keeps the money. For three… 

JPMorgan sees inflation problem investors are missing

JPMorgan’s Bruce Kasman is putting a tougher Fed risk back in front of investors. In an interview with CNBC, as cited by Seeking Alpha, the bank’s chief global economist said inflation remains stickier than markets… 

Steakhouse chain closes another location after 13 years

Another steakhouse chain is closing one of its longstanding locations, adding to a growing list of restaurant shutdowns affecting brands with decades of history and established customer bases. Restaurant operators have faced mounting pressure in… 

SpaceX just put every US carrier on notice

Every industry runs on a comfortable order, right up until someone from outside decides the rules do not apply to them. In US wireless, that order has held for a long time. Three companies, Verizon…