Business Stories from July 28, 2021 (Change date)
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Gun maker offers $33M to settle suit by Sandy Hook familiesJul 28, 2021 10:36 am - HARTFORD, Conn. (AP) - The maker of the rifle used in the Sandy Hook Elementary School shooting has offered some of the victims' families nearly $33 million to settle th...
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Japan's Nissan returns to profit, forecasts profit for yearJul 28, 2021 5:03 am - TOKYO (AP) - Nissan reported a 114.5 billion yen ($1 billion) profit for the April-June quarter as its sales and profitability improved, especially in the U.S. market. T...
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Facebook profits top $10B as its CEO exalts the 'metaverse'Jul 30, 2021 7:09 am - Concerns about a revenue growth slowdown pushed Facebook's shares lower in after-hours trading Wednesday, not long after the company reported that its second-quarter pro...
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Ford overcomes computer chip shortage, posts surprise profitJul 28, 2021 5:33 pm - DETROIT (AP) - Sky-high sales prices for its pickup trucks and SUVs helped Ford Motor Co. turn a surprise second-quarter profit despite a global shortage of computer chi...
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After rocket ride of growth, Robinhood heads to the marketJul 28, 2021 1:04 pm - NEW YORK (AP) - After a rocket rise where it introduced millions of people to investing and reshaped the brokerage industry, all while racking up a long list of controve...
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Crispy chicken, boy bands and dining in; McDonald's reboundsJul 28, 2021 1:04 pm - McDonald's posted better-than-expected sales in the second quarter as dining rooms reopened and new chicken sandwiches generated customer traffic. Revenue jumped 57% to ...
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Closing prices for crude oil, gold and other commoditiesJul 28, 2021 2:36 pm - Benchmark U.S. crude oil for September delivery rose 74 cents to $72.39 a barrel Wednesday. Brent crude oil for September delivery rose 26 cents to $74.74 a barrel. Whol...
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Equatorial Guinea's VP loses embezzlement appeal in FranceJul 28, 2021 3:17 pm - PARIS (AP) - France's top court on Wednesday upheld the conviction of Equatorial Guinea's vice president for money laundering and embezzling millions of dollars in publi...
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For the first time since 2019, Boeing knocks out a profitJul 28, 2021 3:10 pm - Boeing reported its first quarterly profit since 2019 and revenue topped expectations as the giant aircraft maker tries to dig out from the most difficult stretch in its...
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Indian hoteliers test clout in lawsuits against big chainsJul 28, 2021 10:36 am - ATLANTA (AP) - Hotel owner Vimal Patel has traced a familiar path to success in the U.S. hospitality industry. Patel is part of the Indian diaspora, which owns a sizeabl...