By David Shepardson WASHINGTON (Reuters) -U.S. regulators said on Wednesday they would extend temporary cuts to minimum flight requirements at congested New York City-area airports and Washington Nati[...]
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August 9, 2023
Wall Street ends lower as investors await US inflation data
By Echo Wang (Reuters) – U.S. stocks closed lower on Wednesday, the day after a report showed Americans borrowed more than ever on their credit cards in the last quarter, and a day ahead of U.S.[...]
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Canopy Growth posts smaller Q1 core loss, reiterates going concern doubts
By Sourasis Bose (Reuters) -Canopy Growth again raised doubts about its ability to stay afloat as the Canadian pot producer’s loss-making streak continued in the first quarter. Despite a strong[...]
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Latest China developer debt woes could spur policy aid, but industry downbeat
By Clare Jim HONG KONG (Reuters) -News that big developer Country Garden was not able to make $22 million in bond payments is an alarm call for China’s government that more private property comp[...]
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US agency says Norfolk Southern needs ‘significant improvements’
By David Shepardson WASHINGTON (Reuters) -U.S. railroad regulators on Wednesday said Norfolk Southern needs “significant improvements” in its safety culture after a Feb. 3 derailment in Oh[...]
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Explainer-US starts process to restrict some investment in key tech in China
By Andrea Shalal and Karen Freifeld (Reuters) – The White House on Wednesday moved to start prohibiting some U.S. investments in certain sensitive technologies in China, and requiring government[...]
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Marketmind: China deflation, U.S. inflation – both dent sentiment
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Lingering concern over China’s slide into deflation and caution ahe[...]
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Once worth $47 billion, WeWork shares near zero after bankruptcy warning
By Abhijith Ganapavaram and Shivansh Tiwary (Reuters) -WeWork shares approached zero on Wednesday after the one-time startup darling warned it could go bankrupt in a stunning reversal of fortune for a[...]
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US Supreme Court refuses Epic bid to let App Store order take effect in Apple case
By Andrew Chung (Reuters) -The U.S. Supreme Court on Wednesday dealt a setback to Epic Games, maker of the popular video game “Fortnite,” in its legal battle against Apple, declining to le[...]
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