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BI Weekend: Mars, Kellanova Deal, New Starbucks CEO

Bloomberg Intelligence

CHAPTER

Antitrust Actions and Banking Stability

This chapter explores the US Justice Department's recent efforts against Google's monopolistic practices, including the possibility of breaking up the tech giant amid concerns about AI's impact on society. It also examines Scotiabank's strategic investment in KeyCorp to bolster its position in the banking sector while addressing the challenges posed by rising interest rates. Furthermore, the segment touches on merger and acquisition trends in the banking industry and the leadership changes at Victoria's Secret aimed at revitalizing the brand.

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