Business Stories from February 2, 2021 (Change date)
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Closing prices for crude oil, gold and other commoditiesFeb 02, 2021 2:30 pm - Benchmark U.S. crude oil for March delivery rose $1.21 to $54.76 a barrel Tuesday. Brent crude oil for April delivery rose $1.11 to $57.46 a barrel. Wholesale gasoline f...
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GameStop shares drop 60% as frenzied rally loses steamFeb 02, 2021 6:01 pm - GameStop shares plunged 60% Tuesday in a further reversal of the recent blockbuster gains that grabbed people's attention far beyond Wall Street. The video game retaile...
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Judge refuses to toss McDonald's lawsuit against former CEOFeb 04, 2021 7:38 am - DOVER, Del. (AP) - A Delaware judge has denied a request by former McDonald's CEO Stephen Easterbrook to dismiss a lawsuit the company filed against him after he was ous...
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Wu-Tang Clan or Wuhan? T-shirt ignites new China-Canada tiffFeb 02, 2021 6:30 pm - BEIJING (AP) - China has made a formal complaint to Canada over T-shirts ordered by a Canadian Embassy staffer in Beijing that allegedly mocked China's response to the c...
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Asian stocks follow Wall St up, silver eases off highFeb 01, 2021 9:30 pm - BEIJING (AP) - Asian stocks followed Wall Street higher Tuesday after President Joe Biden invited Republicans to a meeting to discuss economic aid, while silver eased of...
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Pfizer swings to small profit as vaccines begin to roll outFeb 02, 2021 8:30 am - Pfizer, the first company to get U.S. emergency use authorization for a COVID-19 vaccine, swung to a small profit in the fourth-quarter as it started shipping vaccines g...
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Grains lower and livestock higher.Feb 02, 2021 2:00 pm - Wheat for Mar. lost 6.25 cents at 6.4475 a bushel; Mar. corn fell 6.25 cents at 5.43 a bushel, Mar. oats was off 2 cents at $3.4550 a bushel; while Mar. soybeans decline...
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Siemens Energy to shed 7,800 jobs in cost-cutting driveFeb 03, 2021 5:59 am - BERLIN (AP) - Energy technology company Siemens Energy said Tuesday that it plans to shed 7,800 jobs worldwide by 2025 as part of a drive to cut costs. The company, whic...
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Hit by pandemic, oil giants Exxon, BP post huge 2020 lossesFeb 02, 2021 5:30 pm - DALLAS (AP) - Oil giants Exxon and BP reported staggering losses for 2020 on Tuesday as the pandemic crushed energy demand and undercut oil prices. Exxon Mobil Corp. rep...
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Twitter limits access to Turkish minister's LGBT tweetFeb 02, 2021 8:30 am - ANKARA, Turkey (AP) - Twitter on Tuesday limited access to a tweet by Turkey's interior minister, who referred to students protesting the appointment of a government loy...