Business Stories from May 12, 2021 (Change date)
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Facebook-backed digital currency project Diem shifts to USMay 13, 2021 2:16 pm - A once-ambitious Facebook-backed digital currency project - formerly known as Libra, now called Diem - is shifting operations from Switzerland to the U.S. and said it pl...
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Closing prices for crude oil, gold and other commoditiesMay 12, 2021 3:00 pm - Benchmark U.S. crude oil for June delivery rose 80 cents to $66.08 a barrel Wednesday. Brent crude oil for July delivery rose 77 cents to $69.32 a barrel. Wholesale gaso...
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UK foreign secretary calls for cooperation on cybersecurityMay 12, 2021 10:00 am - LONDON (AP) - U.K. Foreign Secretary Dominic Raab on Wednesday urged global cooperation to combat cyberattacks by 'œhostile state actors" and criminal gangs. Raab also p...
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Asian stocks mixed after Wall St falls on inflation fearsMay 11, 2021 11:30 pm - BEIJING (AP) - Asian stock markets retreated Wednesday as investors looked ahead to U.S. data they worry will show inflation is picking up. Shanghai, Tokyo and Southeast...
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Japan's SoftBank returns to profit on global stock boomMay 12, 2021 5:30 am - TOKYO (AP) - Japanese technology conglomerate SoftBank Group Corp. returned to profitability for the fiscal year that ended in March, it said Wednesday, boosted by the s...
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Suit challenges restaurant aid priority to women, minoritiesMay 12, 2021 8:00 pm - NASHVILLE, Tenn. (AP) - A conservative legal outfit filed a lawsuit Wednesday against President Joe Biden's administration for its prioritization of restaurants and bars...
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French court orders trial in 2009 crash of Rio-Paris flightMay 12, 2021 11:00 am - PARIS (AP) - A French court on Wednesday ordered Air France and plane maker Airbus to stand trial for manslaughter in the 2009 crash into the Atlantic Ocean of a flight ...
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FAA chief defends 737 Max, calls new fix 'straightforward'May 12, 2021 5:30 pm - The head of the Federal Aviation Administration expressed 'œabsolute confidence'ť in the Boeing 737 Max on Wednesday and said fixing the latest problem in the troubled j...
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Consumer prices shot up 0.8% in April as worries escalateMay 17, 2021 8:48 am - WASHINGTON (AP) - A worrisome bout of inflation struck the U.S. economy in April, with consumer prices for goods and services surging 0.8% - the largest monthly jump in ...
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Japan's Toyota says profit soared in Jan-March amid pandemicMay 13, 2021 10:45 am - TOKYO (AP) - Toyota reported Wednesday its profit more than doubled in January-March from a year earlier to 777 billion yen ($7 billion), as the Japanese automaker's sal...