Business Stories from January 28, 2021 (Change date)
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Brokerages limit trading in GameStop, sparking outcryJan 28, 2021 6:00 am - Robinhood and other retail brokerages took steps to tamp down the speculative frenzy surrounding companies such as GameStop, but the actions only sparked more volatility...
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American Airlines lost $8.9 billion in a year of pandemicJan 28, 2021 6:00 am - FORT WORTH, Texas (AP) - American Airlines lost $2.2 billion in the fourth quarter as people stayed put in the pandemic, sending the carrier's revenue plunging by nearly...
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US long-term mortgage rates slip; 30-year at 2.73%Jan 28, 2021 6:00 am - WASHINGTON (AP) - U.S. long-term mortgage rates slipped this week as the economy remains burdened by the coronavirus pandemic. Mortgage buyer Freddie Mac reported Thurs...
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UK opens formal investigation of Facebook's Giphy takeoverJan 28, 2021 6:00 am - LONDON (AP) - The U.K.'s competition watchdog launched a formal investigation on Thursday into Facebook's purchase of Giphy over concerns it will stifle competition for ...
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Qualtrics goes public 2 years after being bought by SAPJan 28, 2021 6:00 am - SALT LAKE CITY (AP) - Business software provider Qualtrics went public Thursday two years after German giant SAP bought the company for $8 billion, marking the latest ac...
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James Goldston stepping down as top ABC News executiveJan 28, 2021 6:00 am - NEW YORK (AP) - ABC News President James Goldston said Thursday that he will leave the network at the end of March, after seven years of leading the news division. The l...
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Attacks on individuals fall as cybercrime shifts tacticsJan 28, 2021 6:00 am - Cybercriminals shifted away from stealing individual consumers' information in 2020 to focus on bigger, more profitable attacks on businesses, according to a report from...
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Grains mostly lower and livestock mixed.Jan 28, 2021 6:00 am - Wheat for Mar. lost 11.25 cents at 6.47 a bushel; Mar. corn was up .50 cent at 5.3450 a bushel, Mar. oats fell 5.75 cents at $3.4675 a bushel; while Mar. soybeans declin...
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Apple CEO escalates battle with Facebook over online privacyJan 28, 2021 6:00 am - SAN RAMON, Calif. (AP) - Apple CEO Tim Cook fired off a series of thinly veiled shots at Facebook and other social media companies Thursday, escalating an online privacy...
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Chinese app TikTok cuts jobs in India following banJan 28, 2021 6:00 am - NEW DELHI (AP) - Popular short-video Chinese app TikTok is cutting its workforce in India after hundreds of millions of its users dropped it to comply with a government ...