Prominent investors, such as Hindenburg Research, which is known for betting against companies, had also voiced alarm, accusing Smile Direct Club of “cutting corners” and warning that it would “wind up as a case study in why it’s a bad idea to invest in a company that attempts to fit a complex, dangerous medical process onto a low-cost, high volume assembly line”.
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The era of cheap helium is over—and that’s already causing problems
admin, , Business, TOP STORIES, 0
A delicate balance The helium we use today formed from the breakdown of radioactive materials millions of years ago...
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Why do companies get involved in social issues?
admin, , Business, 0
“After the reversal of Roe v Wade several weeks ago, we have recognised the need to become even more...
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People rush to book holidays after Covid travel rules relaxed
admin, , Business, 0
Jet2’s Mr Heapy told the BBC’s Today programme that before the rule changes on Wednesday, bookings were “well below”...
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Could X go bankrupt under Elon Musk?
admin, , Business, 0
“I find that to be very hard to believe,” says Ellias. “If that happened, it’d be because Elon decided...
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UK economic outlook has deteriorated, Bank of England warns
admin, , Business, 0
While the Bank said the UK’s banking sector was well-placed to cope with a severe downturn, it said banks...
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Regulator fears big tech firms’ power in AI market
admin, , Business, 0
This could profoundly impact fair competition “ultimately harming businesses and consumers, for example through reduced choice, lower quality, and...
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Activists cheer as ‘sexist’ tampon tax is scrapped
admin, , Business, 0
Chancellor Rishi Sunak committed to scrapping the tax in his March Budget.
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BA suspends sales of short-haul tickets from Heathrow
admin, , Business, 0
In a statement, BA said: “As a result of Heathrow’s request to limit new bookings, we’ve decided to take...
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