Business Stories from January 28, 2021 (Change date)
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Germany's Commerzbank to cut 10,000 jobs, slash branchesJan 28, 2021 6:00 am - FRANKFURT, Germany (AP) - Germany's Commerzbank said Thursday that management proposed to cut 10,000 jobs under a restructuring program aiming to increase digitalization...
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General Motors sets goal of going largely electric by 2035Jan 28, 2021 6:00 am - General Motors has set a goal of making the vast majority of the vehicles it produces electric by 2035, and the entire company carbon neutral, including operations, five...
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McDonald's US sales strong in Q4, but COVID drags elsewhereJan 28, 2021 6:00 am - McDonald's is back on track in the U.S. and other key markets but still seeing a sales drag from coronavirus restrictions in other parts of the world. U.S. same-store sa...
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UN chief calls for regulating social media companiesJan 28, 2021 6:00 am - UNITED NATIONS (AP) - The United Nations chief called Thursday for global rules to regulate powerful social media companies like Twitter and Facebook. Secretary-General ...
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Virus aid, no new taxes top US gambling industry 2021 goalsJan 28, 2021 6:00 am - ATLANTIC CITY, N.J. (AP) - The U.S. gambling industry wants additional financial aid from the next round of coronavirus stimulus legislation, and promises to fight new o...
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Amazon asks for block on shareholder hate speech proposalJan 28, 2021 6:00 am - SEATTLE (AP) - Seattle-based Amazon.com, Inc. has asked federal regulators to block multiple shareholder proposals addressing criticism of company stances on curbing hat...
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Correction: IMF-World Economy storyJan 28, 2021 6:00 am - WASHINGTON (AP) - In a story January 26, 2021, about the IMF's economic outlook, The Associated Press erroneously reported that the 2021 forecast would mark the fastest ...
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EXPLAINER: Why GameStop's stock surge is shaking Wall StreetJan 28, 2021 6:00 am - NEW YORK (AP) - It's not just you. What's going on with GameStop's stock doesn't make sense to a lot of people. The struggling video game retailer's stock has been makin...
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Regulator says Australia must address Google ad dominanceJan 28, 2021 6:00 am - CANBERRA, Australia (AP) - A lack of competition for Google and a lack of transparency in the digital advertising supply chain needed to be addressed because they were i...
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Correction: Taxing Big Tech storyJan 28, 2021 6:00 am - FRANKFURT, Germany (AP) - In a story January 27, 2021, about global talks on how to tax big technology companies, The Associated Press misspelled the name of the company...