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Record sales prices drive GM profit up 56% to $10B last year
Feb 01, 2022 6:00 am - DETROIT (AP) - General Motors increased its net income 56% last year, helped by higher prices for its vehicles that were made scarce by a global shortage of computer chi...
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Grains higher, Livestock mixed
Feb 01, 2022 6:00 am - Wheat for Mar. was up 7.75 cents at $7.69 a bushel; Mar. corn rose 8.75 cents at $6.3475 a bushel, Mar. oats gained 19.50 cents at $7.15 a bushel; while Mar. soybeans ad...
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India budget leans on infrastructure to spur economic growth
Feb 01, 2022 6:00 am - NEW DELHI (AP) - Indian Prime Minister Narendra Modi's government included hefty spending on roads, airports and other infrastructure in an annual budget presented to Pa...
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Starbucks' strong US holiday offset by costs, China slump
Feb 01, 2022 6:00 am - Starbucks had a strong holiday season in the U.S., but those results were offset by higher labor and commodity costs and weaker sales in China. In response, Starbucks lo...
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Grains higher, livestock higher.
Feb 01, 2022 6:00 am - CHICAGO (AP) - Grain futures were higher on Tuesday in early trading on the Chicago Board of Trade. Wheat for Mar. was up 8 cents at $7.7425 a bushel; Mar. corn rose 9.7...
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Closing prices for crude oil, gold and other commodities
Feb 01, 2022 6:00 am - Benchmark U.S. crude oil for March delivery rose 5 cents to $88.20 a barrel Tuesday. Brent crude for April delivery fell 10 cents to $89.16 a barrel. Wholesale gasoline ...
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Climate change a rising Fed concern as nominees face hearing
Feb 01, 2022 6:00 am - WASHINGTON (AP) - How far the Federal Reserve can go to compel banks to consider the consequences of climate change in their lending policies could take center stage at ...
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Germany: 2 oil storage and supply firms hit by cyberattack
Feb 01, 2022 6:00 am - BERLIN (AP) - Two companies involved in storing and supplying oil and other materials said Tuesday they have been hit by a cyberattack that has impacted operations in Ge...
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Union vote by GM workers in Mexico a test for labor rights
Feb 01, 2022 6:00 am - MEXICO CITY (AP) - Workers at a General Motors plant in northern Mexico were voting Tuesday on whether to form one of the first truly independent auto labor unions in Me...
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Exxon returns to Q4 profit as demand continues to improve
Feb 01, 2022 6:00 am - Exxon Mobil returned to a profit in its fourth quarter as demand for oil continues to improve. The oil and natural gas company earned $8.87 billion, or $2.08 per share f...