By Michael Martina and David Brunnstrom WASHINGTON (Reuters) – When the Biden administration unveiled aggressive export controls in October aimed at blocking China from becoming a global leader[...]
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January 12, 2023
Major media want to know who guaranteed Sam Bankman-Fried’s $250 million bond
By Jonathan Stempel and Luc Cohen NEW YORK (Reuters) – Eight major media outlets on Thursday asked the U.S. judge overseeing Sam Bankman-Fried’s criminal case to make public the names of t[...]
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Marketmind: Keep calm, risk on
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. U.S. inflation data for December is in, and while market reaction was perhaps a little muted relative[...]
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LendingClub cuts 14% workforce to pare costs
(Reuters) – LendingClub Corp said on Thursday it has laid off 14% of its workforce, or 225 employees, joining several financial firms which cut costs as threats of a recession loom large. Tech f[...]
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Volkswagen announces changes to Mexico, Canada supervisory boards
FRANKFURT (Reuters) – German car company Volkswagen Group announced on Thursday promotions in its North American operations, CFO and COO Arno Antlitz posted on LinkedIn. Volkswagen of America Pr[...]
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Warner Bros Discovery explores sale of music library – FT
(Reuters) -Warner Bros Discovery Inc is exploring a sale of its music library that could be valued at more than $1 billion, the Financial Times reported on Thursday, citing people familiar with the ma[...]
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Stocks rise, dollar stumbles after U.S. inflation data
By Chuck Mikolajczak NEW YORK (Reuters) – A gauge of global stocks climbed on Thursday while longer-dated U.S. Treasury yields and the dollar fell after a reading of consumer prices fed expectat[...]
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U.S. December deficit quadruples as outlays grow, debt ceiling nears
By David Lawder WASHINGTON (Reuters) -The U.S. government’s December budget deficit quadrupled from a year earlier to $85 billion as receipts shrank slightly and outlays grew to a new December r[...]
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Dow Jones news to lay off 22 employees –union
By Helen Coster (Reuters) -Dow Jones, a division of News Corp that includes the financial news outlets the Wall Street Journal, Barron’s and MarketWatch, plans to lay off 22 employees, according[...]
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