By Stephen Culp NEW YORK (Reuters) – Wall Street advanced on Friday, marking the end of an rocky week in which economic data and corporate earnings guidance hinted at softening demand but also e[...]
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January 27, 2023
Sprinting great Bolt says ‘stressful situation’ trying to recover lost millions
By Kayon Raynor KINGSTON (Reuters) – World 100 and 200 metres record holder Usain Bolt said on Friday that it was a “stressful situation” trying to recover more than $12.7 million th[...]
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EU must answer U.S. clean energy subsidies, commissioner says on Washington visit
By David Lawder WASHINGTON (Reuters) – The European Union wants a deal quickly with the United States to resolve a dispute over U.S. electric vehicle tax credits, but the EU must pursue its own[...]
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EV maker Lucid surges on report Saudi PIF to buy remaining stake
(Reuters) -Lucid Group’s shares surged 43% on Friday, paring gains after doubling on market speculation that Saudi Arabia’s Public Investment Fund (PIF) wanted to buy out the electric vehi[...]
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DOJ probing Visa on U.S. debit card practices, competition
(Reuters) – Visa Inc said on Friday the antitrust division of the U.S. Department of Justice had issued investigative demand earlier this month seeking documents and information about U.S. debit[...]
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White House blasts Big Oil stock buybacks again as Chevron profits double
By Nandita Bose and Jarrett Renshaw WASHINGTON (Reuters) – The White House on Friday launched a fresh attack against U.S. oil companies, accusing them of using profits to pay shareholders instea[...]
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Dozen hedge funds eye bonanza as Rogers-Shaw deal nears close
By Maiya Keidan and Nell Mackenzie TORONTO/LONDON (Reuters) – As one of Canada’s most bitterly contested acquisitions nears the finish line, a dozen hedge funds including Citadel and Mille[...]
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Ford recalls 462,000 vehicles for rear camera display failure
By David Shepardson WASHINGTON (Reuters) -Ford Motor Co said Friday it is recalling 462,000 vehicles worldwide because video output may fail, preventing the rearview camera image from displaying. The[...]
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A&W Restaurants CEO expects milder cost increase this year
By Hilary Russ NEW YORK (Reuters) – A&W Restaurants expects the total costs its franchisees pay for paper, burger patties, ice cream and other goods to rise much more slowly in 2023 than the[...]
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