Business Stories from June 16, 2021 (Change date)
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Asian stocks follow Wall St lower on Fed hints at rate hikesJun 16, 2021 10:30 pm - BEIJING (AP) - Asian stock markets followed Wall Street lower Thursday after the Federal Reserve indicated it might ease off economic stimulus earlier than previously th...
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Security flaw found in 2G mobile data encryption standardJun 16, 2021 5:30 am - BERLIN (AP) - Cybersecurity researchers in Europe say they have discovered a flaw in an encryption algorithm used by cellphones that may have allowed attackers to eavesd...
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Closing prices for crude oil, gold and other commoditiesJun 16, 2021 3:00 pm - Benchmark U.S. crude oil for July delivery rose 3 cents to $72.15 a barrel Wednesday. Brent crude oil for August delivery rose 40 cents to $74.39 a barrel. Wholesale gas...
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GM, Ford outdo each other with electric vehicle investmentsJun 16, 2021 2:30 pm - DETROIT (AP) - General Motors will raise spending on electric and autonomous vehicles and add two U.S. battery factories as it gambles that consumers will eagerly switch...
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Self-driving car pioneer Waymo gets $2.5B to fuel ambitionsJun 16, 2021 1:00 pm - MOUNTAIN VIEW, Calif. (AP) - Waymo, the self-driving car pioneer spun off from Google, isn't allowing a recent wave of executive departures to detour its plans to expand...
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India says Twitter knowingly not complying with local lawsJun 16, 2021 3:30 am - NEW DELHI (AP) - The standoff between the Indian government and Twitter escalated Wednesday when the country's technology minister accused the social media giant of deli...
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Report blames poor welds for Mexico City subway collapseJun 16, 2021 4:30 pm - MEXICO CITY (AP) - A preliminary report by experts into the collapse of a Mexico City elevated subway line that killed 26 people placed much of the blame Wednesday on po...
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Ukraine police seize cash in raids on major ransomware gangJun 16, 2021 5:30 pm - MOSCOW (AP) - Ukrainian police have carried out nearly two dozen raids targeting alleged associates of a Russian-speaking ransomware gang it blamed for a half billion do...
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Black scholar Earl Lewis on the Floyd murder and reparationsJun 16, 2021 11:00 am - Reparations, Earl Lewis says, are not about the past. Rather, they are very much about the present, says the founding director of the University of Michigan Center for S...
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Oracle, La-Z-Boy fall; General Motors, Rambus riseJun 16, 2021 3:30 pm - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Wednesday: Oracle Corp., down $4.56 to $77.08. Investors were disappointed by the software ma...