By Aditya Soni and Nivedita Balu (Reuters) – Intel Corp saw about $8 billion wiped off its market value on Friday after the U.S. chipmaker stumped Wall Street with dismal earnings projections, f[...]
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January 27, 2023
Stocks, dollar gain on allure of Fed soft landing
By Herbert Lash NEW YORK (Reuters) -World stocks rallied and the dollar edged up from eight-month lows on Friday as slowing inflation data raised hopes the Federal Reserve can engineer an economic sof[...]
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Bed Bath & Beyond’s efforts to find buyer stalled – Bloomberg News
(Reuters) -Bed Bath & Beyond Inc’s efforts to find a buyer ahead of a likely bankruptcy filing have stalled, Bloomberg News reported on Friday, citing people with knowledge of the matter. Th[...]
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Visa, Mastercard pin hopes on China reopening as travel boom fades
By Niket Nishant (Reuters) – Mastercard Inc and Visa Inc will rely on China reopening to give travel spending a boost, Wall Street analysts said, as the pace of growth in other parts of the worl[...]
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U.S. Senator Warren urges FTC to stop L3Harris deal to buy Aerojet
By Diane Bartz WASHINGTON (Reuters) -U.S. Senator Elizabeth Warren, who has expressed concern about a broad range of corporate consolidation, wrote to the U.S. Federal Trade Commission to urge it to o[...]
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Walmart, CVS Health adjust pharmacy hours amid labor crunch
(Reuters) – Walmart Inc said on Friday it would adjust working hours for its U.S. pharmacy team and implement it nationwide in 4,600 locations, with drugstore operator CVS Health Corp doing the[...]
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Oil prices settle lower on stronger supply outlook
By Laura Sanicola (Reuters) -Oil prices settled lower on Friday, making their weekly finish flat to lower, as indications of strong Russian oil supply offset better-than-expected U.S. economic growth[...]
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Dollar clings to gains after U.S. data; traders eye Fed next week
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar clung to modest gains against the euro on Friday after data showed falling U.S. consumer spending and cooling inflation, and as investors awaited a[...]
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U.S. secures deal with Netherlands, Japan on China chip export limit – Bloomberg
WASHINGTON (Reuters) – The United States has secured a deal with the Netherlands and Japan to restrict exports of some advanced chip-making machinery to China in talks that concluded on Friday,[...]
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