Business Stories from January 27, 2022 (Change date)
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US economy grew 5.7% in 2021 in rebound from 2020 recessionJan 27, 2022 9:01 am - WASHINGTON (AP) - The U.S. economy grew last year at the fastest pace since Ronald Reagan's presidency, bouncing back with resilience from 2020's brief but devastating c...
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Grains mostly higher, livestock mixed.Jan 27, 2022 9:31 am - CHICAGO (AP) - Grain futures were mostly higher on Thursday in early trading on the Chicago Board of Trade. Wheat for Mar. lost 16.25 cents at $7.8050 a bushel; Mar. cor...
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Ruhle replaces Williams on MSNBC; 'Morning Joe' expandedJan 27, 2022 9:01 am - NEW YORK (AP) - MSNBC announced Thursday that business journalist Stephanie Ruhle will replace Brian Williams on the nightly newscast 'œThe 11th Hour,'ť and that 'œMorni...
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ServiceNow, Levi Strauss rise; Tesla, Intel fallJan 27, 2022 2:30 pm - NEW YORK (AP) - Stocks that traded heavily or had substantial price changes Thursday: Tesla Inc., down $108.31 to $829.10. The electric vehicle maker said a computer ch...
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Tata group regains control of debt-laden Air IndiaJan 27, 2022 7:30 am - NEW DELHI (AP) - Tata Sons, India's oldest and largest conglomerate, has regained ownership of Air India, the country's debt-laden national carrier. Tata pioneered comm...
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Alden hedge fund appeals to investors in news publisher LeeJan 27, 2022 5:31 pm - OMAHA, Neb. (AP) - The Alden Global Capital hedge fund is sending its own appeal to shareholders of newspaper publisher Lee Enterprises as part of its campaign to acquir...
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Renault, Nissan to invest $26B in future electric vehiclesJan 27, 2022 3:00 am - TOKYO (AP) - The French-Japanese auto alliance of Renault and Nissan plans to invest 23 billion euros ($26 billion) in electric vehicle technology over the next five yea...
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Australia's Woodside Petroleum pulls out of Myanmar projectsJan 27, 2022 2:31 am - BANGKOK (AP) - Australia's Woodside Petroleum is withdrawing from projects in strife-torn Myanmar, following a similar decision last week by Total and Chevron. Woodside...
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McDonald's ends 2021 strong, but rising costs ding profitJan 31, 2022 7:39 am - McDonald's ended 2021 on a high note with U.S. customers spending more and fewer restaurant closures in Europe from coronavirus restrictions. But higher costs for food ...
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Abraaj founder fined staggering $135M by Dubai regulatorJan 27, 2022 8:01 am - DUBAI, United Arab Emirates (AP) - A regulatory body in Dubai said Thursday it is seeking to impose a staggering fine of $135.5 million on the Pakistani-born founder of ...