By David French (Reuters) – U.S. stock indexes ended the second session of the year down again in extended profit-taking on Wednesday after a strong finish to 2023, with minutes from the Federal[...]
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January 3, 2024
Bitcoin falls 5.1% to $42,689
(Reuters) – Bitcoin fell 5.07% to $42,689 at 23:03 GMT on Wednesday, losing $2,281 from its previous close. The world’s biggest and best-known cryptocurrency is down 7% from the year[...]
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New year US corporate bond issuance tally tops $45 billion
By Matt Tracy (Reuters) – U.S. corporate borrowers are raising nearly $16 billion in high-grade rated bonds on Wednesday, adding to a $29 billion issuance binge on Tuesday, as companies looked t[...]
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Equinor, BP cancel contract to sell offshore wind power to New York
(Reuters) -European energy firms Equinor and BP terminated their agreement to sell power to New York state from their proposed Empire Wind 2 offshore wind farm, citing rising inflation, higher borrowi[...]
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Disney wins activists’ backing in boardroom fight with Peltz
By Svea Herbst-Bayliss (Reuters) -Activist hedge funds ValueAct Capital and Blackwells Capital moved on Wednesday to back Walt Disney Co as it defends itself against a board challenge from a third act[...]
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Marketmind: Reluctance to resume buying before U.S. jobs report
(Reuters) – A look at the day ahead in Asian markets by Alden Bentley, Americas Breaking News Editor for Finance & Markets The early 2024 shake out continued on Wall Street, after having spi[...]
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Apple Agrees to Settle Lawsuit Over iTunes Gift Card Scam
By Jonathan Stempel (Reuters) – Apple has agreed to settle a lawsuit accusing the company of knowingly letting scammers exploit its gift cards, and keep stolen funds for itself. According to a f[...]
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US bankruptcies surged 18% in 2023 and seen rising again in 2024 -report
(Reuters) – U.S. bankruptcy filings surged by 18% in 2023 on the back of higher interest rates, tougher lending standards and the continued runoff of pandemic-era backstops, data published Wedne[...]
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Global shares, yields slip on clouded soft-landing outlook
By Herbert Lash NEW YORK (Reuters) -The dollar rebounded further from last year’s sell-off and global stock markets extended a New Year slide on Wednesday as doubts about the chances of a soft l[...]
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