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Car

Hyundai Motor Says It’s In Early Talks With Apple To Develop A Car

Hyundai Motor Says It’s In Early Talks With Apple To Develop A Car Via CNBC: Shares of Hyundai Motor surged 19% after the South Korean automaker said it was in early-stage talks with Apple over potentially working together to develop an electric car. “We understand that Apple is in discussion with a variety of global automakers, including Hyundai Motor. As the discussion is at its early stage, nothing has been […]

today01/08/2021 8

December Jobs Data

Treasury Yields Climb Ahead Of December Jobs Data

Treasury Yields Climb Ahead Of December Jobs Data Via CNBC:  Treasury yields added to previous session gains, following a projected victory for the Democrats in this week’s runoff elections for Georgia’s two Senate seats. This gives the Democrats unified control of Congress and the White House, as President-elect Joe Biden comes to office, giving him a better chance of accomplishing his legislative agenda. Biden’s election victory was confirmed by Congress […]

today01/08/2021 7

Alibaba

U.S. Considering Adding Alibaba, Tencent To China Investment Ban

U.S. Considering Adding Alibaba, Tencent To China Investment Ban Via Reuters: The Trump administration is considering adding tech giants Alibaba and Tencent to a blacklist of firms allegedly owned or controlled by the Chinese military, two people familiar with the matter said on Wednesday. Targeting Asia’s two most valuable companies would be U.S. President Donald Trump’s most dramatic step yet in a recent raft of measures unleashed against Chinese companies […]

today01/07/2021 22

Saudi

Oil Hits Highest Since Late Feb On Saudi Cuts, U.S. Stock Draw

Oil Hits Highest Since Late Feb On Saudi Cuts, U.S. Stock Draw Via Reuters: Oil prices hit their highest since late February on Thursday after a fall in U.S. stockpiles added further support following the unilateral decision by Saudi Arabia to cut output. Brent crude was up 18 cents, or 0.3%, at $54.48 a barrel at 1015 GMT after earlier touching $54.90, levels not seen since before the the first […]

today01/07/2021 2

Nasdaq

Nasdaq Futures Sink 2% As Investors Brace For Possible Blue Wave

Nasdaq Futures Sink 2% As Investors Brace For Possible Blue Wave Via Reuters: Futures tracking the technology-heavy Nasdaq 100 index sank 2% on Wednesday as investors priced in the prospect of a Democrat-controlled Senate that could lead to tighter regulations on technology mega-caps. Democratic challenger Raphael Warnock won a hotly contested Senate race in Georgia over Republican incumbent Kelly Loeffler, TV networks and Edison Research projected. The race between Democrat […]

today01/06/2021 5

Senate Runoff

Stocks Fight For Ground Ahead Of Georgia Senate Runoff

Stocks Fight For Ground Ahead Of Georgia Senate Runoff Via Reuters: World shares struggled on Tuesday amid new COVID lockdowns in Europe and Senate runoff races in Georgia that will affect incoming U.S. President Joe Biden’s ability to pursue his preferred economic policies. Wall Street suffered its worst start to a year since 2016 on Monday and with volatility gauges up, the euro up and Germany expected to follow Britain […]

today01/05/2021 20

Tesla Shares

Tesla Shares Set To Start 2021 At Record High

Tesla Shares Set To Start 2021 At Record High Via Reuters:  Tesla Inc shares were set to open at a record high on Monday after the electric-car maker reported better-than-expected vehicle deliveries in 2020, extending a meteoric rally that has seen the stock surge more than 700%. It delivered 499,550 vehicles last year, above Wall Street estimates of 481,261 vehicles, according to Refinitiv data, but 450 units short of Chief […]

today01/04/2021 9

Jobless Aid

US Layoffs Remain Elevated As 803,000 Seek Jobless Aid

US Layoffs Remain Elevated As 803,000 Seek Jobless Aid Via AP News: The number of Americans seeking unemployment benefits fell by 89,000 last week to a still-elevated 803,000, evidence that the job market remains under stress nine months after the coronavirus outbreak sent the U.S. economy into recession and caused millions of layoffs. The latest figure, released Wednesday by the Labor Department, shows that many employers are still cutting jobs […]

today12/24/2020 5

Walmart

The Justice Department Sues Walmart Over Role In Opioid Crisis

The Justice Department Sues Walmart Over Role In Opioid Crisis Via AP News: The Justice Department sued Walmart on Tuesday, accusing it of fueling the nation’s opioid crisis by pressuring its pharmacies to fill even potentially suspicious prescriptions for the powerful painkillers. The civil complaint filed points to the role Walmart’s pharmacies may have played in the crisis by filling opioid prescriptions and Walmart’s own responsibility for the allegedly illegal […]

today12/23/2020 5

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