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Wall Street ends up with help from Nike, FedEx and consumer sentiment

Consumer confidence rebounds in December Data shows lower home sales in November Nike jumps on strong second-quarter results FedEx soars on cost-cutting plans Indices up: Dow 1.60%, S&P 1.49%, Nasdaq 1.54% Dec 21 (Reuters) – All three major Wall Street stock indexes closed higher on Wednesday for their biggest daily gains so far in December …

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Wall St closes slightly higher after four-day sell off

BOJ policy change rattles global sentiment Tesla drops 8% after brokers cut PT Energy stocks lead gains on crude support Indices up: Dow 0.28%, S&P 0.10%, Nasdaq 0.01% Dec 20 (Reuters) – Wall Street closed slightly higher on Tuesday after four sessions of declines, but investors worried about weak holiday buying and rising bond yields …

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Musk delivers first Tesla truck, but no update on output, pricing

Tesla ships first Semi to PepsiCo five years after unveiling it No details on electric truck controls or capacity Semi uses existing Tesla motors to come up with a new Supercharger Dec. 1 (Reuters) – Tesla Inc. (TSLA.O) CEO Elon Musk delivered the company’s first Semi-Durable to PepsiCo on Thursday (PEP.O) without offering up-to-date forecasts …

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Florida pulls $2 bln from BlackRock in largest anti-ESG divestment

Dec 1 (Reuters) – Florida’s chief financial officer said on Thursday his department would withdraw $2 billion from its assets managed by BlackRock Inc. (BLK.N)the largest such divestment by a state opposed to the asset manager’s environmental, social and corporate governance (ESG) policies. The move will hardly affect BlackRock’s $8 trillion in assets and drew …

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Nearly half of Meta job cuts were in tech, reorg underway – execs say

OAKLAND, Calif., November 11 (Reuters) – Meta Platforms, owner of Facebook (META.O) told employees on Friday it would stop developing smart displays and smartwatches and that nearly half of the 11,000 jobs it cut this week as part of unprecedented cost-cutting were in tech roles . Speaking at a public employee meeting heard by Reuters, …

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U.S. adds China’s YMTC and 30 other firms to ‘unverified’ trade list

WASHINGTON, Oct 7 (Reuters) – The United States on Friday added major Chinese memory chipmaker YMTC and 30 other Chinese entities to a list of companies that U.S. officials have been unable to inspect, saying which increased tensions with Beijing and launched a 60-day clock. this could result in much harsher penalties. The new listings …

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Ford stock has biggest daily drop since 2011 after inflation warning

The Ford logo is pictured at the Frankfurt Motor Show (IAA) 2019 in Frankfurt, Germany. REUTERS/Wolfgang Rattay Join now for FREE unlimited access to Reuters.com Register Sep 20 (Reuters) – Ford Motor Co’s (FN) Shares fell more than 12% on Tuesday in their biggest one-day drop in more than a decade after the automaker said …

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Biden, unions, rail executives struggle for deal as shutdown looms

DETROIT/LOS ANGELES, Sept 14 (Reuters) – Biden administration officials held labor contract talks on Wednesday evening to avoid a possible rail shutdown that could disrupt freight shipments and hamper food supplies and fuel, but a small union rejected a deal and Amtrak called it all off. long-distance passenger travel. Railroads, including Union Pacific (UNP.N)Berkshire Hathaway …

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Biden administration presses unions, railroads to avoid shutdown

The United States Chamber of Commerce building is seen in Washington, DC, U.S., May 10, 2021. REUTERS/Andrew Kelly Join now for FREE unlimited access to Reuters.com Register WASHINGTON/LOS ANGELES, Sept 12 (Reuters) – The Biden administration has urged railroads and unions to reach a deal to avoid a rail work stoppage, saying on Monday it …

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Workers at UK’s biggest container port Felixstowe due to begin 8-day strike

A view shows shipping containers stacked at the port of Felixstowe, Britain, October 13, 2021. Photo taken with a drone. REUTERS/Hannah McKay Join now for FREE unlimited access to Reuters.com Register LONDON, Aug 21 (Reuters) – More than 1,900 workers at Britain’s biggest container port are due to begin an eight-day strike on Sunday which …

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