By Chuck Mikolajczak NEW YORK (Reuters) -U.S. stocks rebounded on Friday from sharp losses the day before on news of an improving consumer outlook on inflation, sending the Nasdaq to a fifth straight[...]
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May 24, 2024
Brazil’s Petrobras approves Chambriard as new CEO
SAO PAULO/RIO DE JANEIRO (Reuters) -Brazilian state-run oil firm Petrobras said its board of directors on Friday approved the nomination of Magda Chambriard as the company’s new chief executive[...]
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Families of Uvalde school shooting victims sue Meta, Microsoft, gunmaker
By Joseph Ax (Reuters) – Families of the victims of the 2022 elementary school shooting in Uvalde, Texas, filed two lawsuits on Friday against Instagram’s parent company Meta, Activision B[...]
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USTR extends some Chinese tariff exclusions, but many to fall away
WASHINGTON (Reuters) – The U.S. Trade Representative’s (USTR) office on Friday announced a further extension of all China Section 301 tariff exclusions on 352 Chinese import and 77 pandemi[...]
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Meta submits changes to UK privacy compliance proposals, CMA says
(Reuters) – Meta Platforms has offered to limit the use of certain data from all advertisers on its Facebook Marketplace platform, as part of amendments to the proposals accepted by the Competit[...]
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GameStop surges after fetching $933 million from stock sale
(Reuters) – GameStop made nearly $933.4 million by selling 45 million shares, the struggling videogame retailer said on Friday, sending its shares up more than 12% after the bell. The company la[...]
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Wall Street ends higher, crude prices rise ahead of US holiday weekend
By Stephen Culp NEW YORK (Reuters) -U.S. stocks rallied and crude oil prices rebounded after upbeat economic data on Friday as investors positioned themselves ahead of the long U.S. Memorial Day weeke[...]
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UAW asks US board for new unionization vote at Mercedes’ Alabama plant
By Nora Eckert DETROIT (Reuters) -The United Auto Workers (UAW) union is seeking a new election at a Mercedes-Benz plant in Alabama after losing a vote there last week, according to a petition filed o[...]
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Dollar down on profit taking but upbeat outlook remains
By Saqib Iqbal Ahmed NEW YORK (Reuters) -The dollar slipped against most major currencies on Friday as traders booked profits after recent gains but the U.S. currency remained well-placed for further[...]
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