Oil prices broadly stable after mixed U.S. data
FILE PHOTO: General view of oil tanks and the Bayway Refinery of Phillips 66 in Linden, New Jersey, U.S., March 30, 2020. REUTERS/Mike Segar LONDON (Reuters) – Oil prices were …
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Global stocks retreat as investors fret over coronavirus relapse
TOKYO/WASHINGTON (Reuters) – Asian stocks and Wall Street futures fell on Thursday as spiking coronavirus cases in some U.S. states and in China dented hopes of a quick global economic …
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FAA chief acknowledges agency, Boeing made mistakes on 737 MAX
(Reuters) – The head of the Federal Aviation Administration, Steve Dickson, acknowledged on Wednesday that Boeing Co (BA.N) and the U.S. air safety agency both made mistakes on the 737 …
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U.S. housing starts miss expectations; permits rebound strongly
WASHINGTON (Reuters) – U.S. homebuilding increased less than expected in May, but a strong rebound in permits for future home construction suggested the housing market was starting to emerge from …
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HSBC revives plan to axe 35,000 jobs, memo shows
FILE PHOTO: A woman wearing a protective face mask walks past a logo of HSBC bank at the financial and business district of La Defense near Paris as France begun …
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Southwest extends limited seating on flights through September
FILE PHOTO: Social distancing sign is displayed at a check-in area for Southwest Airlines Co. at Los Angeles International Airport (LAX) on an unusually empty Memorial Day weekend during the …
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AB Volvo to cut white-collar workforce by 4,100 jobs as pandemic weighs
FILE PHOTO: Martin Lundstedt, CEO of Volvo, presents the company’s first quarter results at a news conference in Stockholm, Sweden April 25, 2017. TT News Agency/Noella Johansson via REUTERS STOCKHOLM …
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SoftBank-backed ride-hailing firm Grab announces layoffs
FILE PHOTO: People wait for the start of Grab’s fifth anniversary news conference in Singapore June 6, 2017. REUTERS/Edgar Su SINGAPORE (Reuters) – Southeast Asian ride-hailing and payments firm Grab …
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Six former eBay employees charged with cyberstalking Massachusetts couple
(Reuters) – Six former eBay Inc (EBAY.O) employees have been criminally charged with cyberstalking a Massachusetts couple who published an online newsletter viewed as critical of the e-commerce company, federal …
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Goldman Sachs increases COVID-19 federal aid commitment by $250 million
FILE PHOTO: The ticker symbol and logo for Goldman Sachs is displayed on a screen on the floor at the New York Stock Exchange (NYSE) in New York, U.S., December …
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