Business

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New closing high for Dow, Nasdaq

The Dow and Nasdaq crept up to new record closing highs but the S&P 500 drifted lower as investors consolidated recent gains. Conway G....
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Peloton shares drop after first earnings report

Shares in exercise bike fitness startup Peloton Interactive sank on Tuesday after its CEO said the company was choosing to focus on growth over...
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European factories at risk in PSA-Fiat merger

The spare production capacity that could result from a merger between Fiat Chrysler and Peugeot owner PSA could put some European car plants at...
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Pandora stock tumbles as revamp efforts stall

Shares in jeweler Pandora tumbled on Tuesday after the firm said turnaround efforts had hit new obstacles. Julian Satterthwaite reports. Peoples are using these keywords:...
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UK: anxious times for pre-Brexit economy

Britain's services sector stagnated last month and car sales were down again: a host of new data surveys point to a still highly uncertain...
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China presses U.S. to drop more tariffs

China is pressing Trump to drop more tariffs as part of a phase-one deal to end tensions. Julian Satterthwaite reports Peoples are using these keywords:...
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Uber loss grows but CEO predicts 2021 profit

Uber lost more money in the third quarter compared to last year and the number of monthly active users came in weaker than anticipated....
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Dow joins S&P 500, Nasdaq at record highs

The Dow set a record closing high, joining the S&P 500 and the Nasdaq in doing so amid optimism surrounding corporate earnings and 'phase...
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Under Armour shares tank on report of investigation

A day after The Wall Street Journal reported that sportswear company Under Armour was under federal investigation, shares plummeted - despite a generally upbeat...
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Give or take a trillion: Aramco's elusive price tag

Oil giant Saudi Aramco is set for the biggest ever IPO. But estimates of its value vary from $1 trillion to more than double...
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UK set for 1970s spending as parties woo voters

Britain's state spending will head back to levels not seen since the 1970s if the two main political parties in the December 12 election...
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Markets: trade deal hopes banish Monday blues

European shares followed on from a strong surge in Asia on Monday, with levels not seen in nearly two years, on signs that the...
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Airlines: Ryanair warns on 737 MAX; IAG expands

Airline stocks gained Monday as Ryanair beat forecasts but warned on the impact of 737 MAX delays, while IAG added Air Europa to its...
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McDonald's ousts CEO Steve Easterbrook

Fast food giant McDonald's dismissed Chief Executive Steve Easterbrook over a recent consensual relationship with an employee, which the board determined violated company policy....
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First U.S. hemp harvest is a bust

Thousands of U.S. farmers who rushed to plant newly legal hemp crops in hopes of cashing in now can't find buyers after the first...
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S&P 500, Nasdaq set record closing highs

The S&P 500 and Nasdaq closed at all-time highs on Friday with investors encouraged by an upbeat jobs report and a rebound in Chinese...
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Prep for coming turmoil with 'cockroach portfolio' -INTL FCStone

A perfect storm is brewing for the U.S. stock market with an election next year, slower profit growth and a lack of leadership, which...
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Week ahead: Disney earnings and factory orders

Key events to watch in the coming week include quarterly earnings from Walt Disney, Uber and online travel companies, as well as updates on...

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