By David Shepardson WASHINGTON (Reuters) – The Justice Department’s top antitrust official recently won approval from the department to oversee investigations involving Google parent Alpha[...]
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January 13, 2023
Kentucky bans TikTok from government-owned devices
By David Shepardson WASHINGTON (Reuters) – Kentucky is joining more than 20 U.S. states in banning the popular video app TikTok on government devices citing cybersecurity concerns. The state sai[...]
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Big U.S. banks continue to add jobs as Goldman Sachs cuts staff
By Saeed Azhar and Niket Nishant NEW YORK (Reuters) – JPMorgan Chase & Co and Bank of America Corp continued to add staff as the economy softens, even after the ranks of the five biggest U.S[...]
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Wall St banks stockpile funds, see uncertain outlook and competition for deposits
By Megan Davies and Lananh Nguyen NEW YORK (Reuters) -Wall Street’s biggest banks stockpiled more rainy-day funds to prepare for a possible recession, while showing caution about forecasting inc[...]
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Oil posts biggest weekly gain since October on China hopes, dollar slump
By Shariq Khan NEW YORK (Reuters) -Oil prices settled more than a dollar a barrel higher on Friday, notching their biggest weekly gains since October, as the U.S. dollar dropped to a seven-month low a[...]
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Exclusive-Exxon prepares to start up $2 billion Texas oil refinery expansion
By Erwin Seba (Reuters) – Exxon Mobil Corp in coming days will sharply boost gasoline and diesel production at its Beaumont, Texas, refinery, people familiar with the matter said, completing a $[...]
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U.S. investors hunt for gains in foreign stocks
By Lewis Krauskopf NEW YORK (Reuters) – Some U.S. investors are looking abroad to capture better stock returns in the coming months, betting European and other international stocks hold more ent[...]
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Carvana terminates more workers amid weak used car sales -WSJ
(Reuters) – Carvana Co is terminating more workers and take other measures such as reduced work hours as the used-car retailer contends with weak sales, the Wall Street Journal reported on Frida[...]
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Yen jumps on BOJ policy speculation, dollar edges off 7-month low
By John McCrank NEW YORK (Reuters) -The yen surged on Friday, adding to earlier gains on speculation the Bank of Japan (BOJ) will revise its ultra-loose monetary policy, while the dollar edged up agai[...]
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