Category Archives: News

Wall Street opens higher as inflation fears ebb

(Reuters) – Wall Street’s main indexes opened higher on Thursday, with Cisco leading a more than 200 point jump in the Dow Jones Industrial Average,

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Lexus tops 2018 dependability rankings, FCA struggles: J.D. Power

(Reuters) – Toyota Motor Corp cars won in six of the 19 categories in an annual auto industry reliability survey published on Wednesday, while Fiat

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Blue Apron ramps marketing back up, revenue drop smaller than feared

NEW YORK (Reuters) – Blue Apron Holdings Inc shares jumped 9 percent in premarket trading on Tuesday after the meal-kit maker reported a smaller-than-expected revenue

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Exclusive: Amazon paid $90 million for camera maker's chip technology – sources

SAN FRANCISCO (Reuters) – Amazon.com Inc paid about $90 million to acquire the maker of Blink home security cameras late last year, in a secret

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Toyota leaves Pyeongchang podium to South Korean rivals

PYEONGCHANG, South Korea (Reuters) – For a major new Olympics sponsor, Japanese carmaker Toyota Motor Corp is oddly invisible at the Pyeongchang winter Games.

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Qualcomm warns of customer losses, legal hazards to Broadcom buyout

Qualcomm Inc warned on Friday it could lose two large clients if it accepted chipmaker Broadcom Ltd’s revised $121 billion buyout offer and said it

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Former Credit Suisse 'star' gets five-year jail term for 'clever fraud'

GENEVA (Reuters) – Former Credit Suisse client adviser Patrice Lescaudron was sentenced to five years imprisonment by a Geneva court on Friday for abusing the

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Thomson Reuters beats profit forecast, misses on revenue

(Reuters) – Thomson Reuters Corp beat Wall Street profit expectations in the fourth quarter even as revenue slightly missed forecasts.

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Hasbro reports surprise drop in revenue

(Reuters) – Toymaker Hasbro Inc reported a surprise fall in quarterly revenue on Wednesday, hit by a decline in sales of its toys based on

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Senate to spotlight virtual currencies as bitcoin plunges

WASHINGTON (Reuters) – Digital currencies such as bitcoin will be in the spotlight again on Tuesday as lawmakers in the U.S. Senate question top markets

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