Business

Shares are rising, copper continues to fall while investors assess the risk of recession

Shares are rising, copper continues to fall while investors assess the risk of recession

U.S. stocks rose sharply early Copper falls again, more oil Treasury yields are rising NEW YORK, June 24 (Reuters) – Shares in world markets jumped Friday, with Wall Street up more than 2 percent, and the global MSCI index set for weekly growth after three consecutive weeks of decline, as falling commodity prices eased concerns …

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Juul is asking the court to temporarily block the FDA from banning e-cigarettes

Juul is asking the court to temporarily block the FDA from banning e-cigarettes

Juul vape cartridges are pictured for sale at a store in Atlanta, Georgia. Elijah Nouvelage Reuters On Friday, Juul asked the federal appeals court to temporarily block the ban on e-cigarettes issued by the Food and Drug Administration. The request came less than a day after the health agency told the company that it had …

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Mississippi Entergi customers will see a $ 80 loan or check

Mississippi Entergi customers will see a $ 80 loan or check

Entergy Mississippi customers will get a break from their bills due to a historic settlement announced by the Mississippi Public Services Commission on Thursday. this week, Entergi officials and MPSC commissioners approved a settlement agreement ending Mississippi’s stake in multi-state proceedings before the Federal Energy Regulatory Commission, including impacts on consumer rates for the Gulf …

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Two were killed when an Nio electric car crashed from the third floor of a building in Shanghai

Two were killed when an Nio electric car crashed from the third floor of a building in Shanghai

A member of Nio’s staff and employees of the partner company were killed in the accident, the Chinese manufacturer of electric cars announced on Thursday. Both were in a test vehicle, which crashed on Wednesday afternoon at the Shanghai Innovation Park, Nio (NIO) it was said in a post on Weibou. Company the headquarters is …

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Markets are lowering inflation expectations as copper falls. Written by Reuters

2/2 © Reuters. FILE PHOTO: Men Wearing Protective Masks Amid Corona Virus Epidemic (COVID-19) Use Mobile Phones in Front of Electronic Dashboard Displaying Japanese Nikkei Index in Front of Brokerage House in Tokyo, Japan, June 16, 2022. REUTERS / Kim Kyung-Hun 2/2 Authors Carolin Cohn and Tom Westbrook LONDON / SINGAPORE (Reuters) – Global stocks …

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Dan Jergin explains why oil prices are falling despite scarce supplies, tensions in Russia

Dan Jergin explains why oil prices are falling despite scarce supplies, tensions in Russia

Energy expert Dan Jergin said there were two reasons why oil prices had fallen in the past month despite a market that was still tight: the Fed and the Russian war in Ukraine. Oil prices have risen since last year, reaching a maximum after Russia launched an unprovoked war against Ukraine. But since the end …

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Toyota pulls the first mass-produced EVs less than 2 months after launch

Toyota pulls the first mass-produced EVs less than 2 months after launch

The all-electric Toyota SUV bZ4X 2023 was shown during the Los Angeles Motor Show 2021 in Los Angeles, California, USA, November 17, 2021. REUTERS / Mike Blake Register now for FREE unlimited access to Reuters.com Register TOKYO, June 23 (Reuters) – Toyota Motor Corp. (7203.T) announced on Thursday that it will withdraw 2,700 of its …

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The Twitter Board unanimously approves the takeover of Elon Musk – IGN

The takeover of Twitter by Elon Musk is a step closer to completion after the Twitter board unanimously voted to approve the pending agreement. The proposal will now go to the shareholders of the social media giant, who will vote on whether to approve the deal at a special shareholders’ meeting, according to the new …

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Kris Holt

Netflix lays off another 300 employees Engadget

Netflix laid off about 300 people in its latest round of layoffs. Most of the layoffs were reportedly in the United States Diversityand a number of departments were affected. “Unfortunately, we fired about 300 employees today,” a Netflix spokesman told the publication. “Although we continue to invest significantly in the business, we have made these …

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Mortgage rates are rising again, leading to an increasing number of buyers leaving the housing market

Mortgage rates are rising again, leading to an increasing number of buyers leaving the housing market

A 30-year fixed-rate mortgage averaged 5.81% in the week ended June 23, up 5.78% a week earlier, according to Freddie McCae. At this time last year, rates averaged 3.02%, and the last time rates were so high was in the winter of 2008. “Fixed mortgage rates have risen by more than two full percentage points …

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