NEW YORK (Reuters) – Cannabis stocks including Tilray, Curaleaf, and the AdvisorShares Pure US Cannabis ETF rallied on Thursday after the U.S. Department of Justice unveiled a historic proposal[...]
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May 16, 2024
US bars imports from 26 Chinese textile firms over suspected Uyghur forced labor
By Karen Freifeld and Susan Heavey WASHINGTON (Reuters) -The United States blocked imports from 26 Chinese cotton traders or warehouse facilities on Thursday as part of its effort to eliminate goods m[...]
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Basel battle: Goldman’s unlikely foot soldiers in the fight against bank capital hikes
By Pete Schroeder WASHINGTON (Reuters) – Jeff Riggs, a Montana businessman who owns a small data center, flew to Washington D.C. in November to meet with his U.S. Senator Steve Daines. The trip[...]
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Boeing supplier Spirit AeroSystems to lay off about 400 employees, memo says
(Reuters) -Spirit AeroSystems is laying off several hundred members of its workforce in Wichita, Kan., according to an internal memo, as the company deals with high debt and slowed production at Boein[...]
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Bitcoin ETFs drew bets from Millennium Mgt, Wisconsin Retirement System in Q1
By Suzanne McGee and Hannah Lang (Reuters) – A handful of hedge funds, including Millennium Management LLC, and other asset managers are among the institutions that acquired stakes in the recent[...]
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Brazil’s government hikes 2024 GDP forecast, sees higher inflation, terminal rate
BRASILIA (Reuters) -Brazil’s Finance Ministry on Thursday hiked its projection for economic growth this year but also raised inflation estimates for 2024 and 2025, underlining price impacts from[...]
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Dollar rebounds on high US import prices
By Herbert Lash and Harry Robertson NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data showed U.S. import prices increased 0.9% last month, a jump that raised concerns the Federal Reser[...]
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China’s BYD postpones plans for 2025 Chile lithium cathode plant
(This May 14 story is being republished with no changes to text) MEXICO CITY (Reuters) – Chinese carmaker BYD Co has postponed plans to produce lithium cathodes for electric vehicle (EV) batteri[...]
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Tesla gets local council go-ahead for German factory expansion
GRUENHEIDE, Germany (Reuters) – Tesla got the go-ahead for an expansion of its German factory in Gruenheide near Berlin from the local council on Thursday despite protests against the U.S. elect[...]
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