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Cuomo ought to resign over sexual harassment claims, New Yorkers say in ballot
People attend a protest to demand New York Governor Andrew Cuomo’s resignation after a third woman accused him of sexual harassment in New York City on March 2, 2021. Kena Betancur | AFP | Getty Images A whopping 70% of New York voters say Gov. Andrew Cuomo should resign, according to a poll released Friday.…
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Dow climbs 100 factors and closes at file excessive after job report exhibits sturdy financial rebound
Stocks tied to the economic rebound rose stronger than expected on Friday’s job report, pushing two key market averages to all-time highs. The Dow Jones Industrial Average rose 144.26 points, or 0.4%, to close at an all-time high of 35,208.51. The S&P 500 rose nearly 0.2% to hit its own record high at 4,436.52, while…
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Biden blocks elimination of Hong Kong residents, cites China repression
U.S. President Joe Biden delivers on remarks in the East Room of the White House on July 29, 2021 in Washington, DC. Anna Moneymaker | Getty Images President Joe Biden signed an order on Wednesday blocking the enforced removal of many Hong Kong residents from the United States for 18 months, giving them a “temporary…
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Dow rises greater than 150 factors forward of key jobs report as journey shares rebound
Major US stock indices rose Thursday as energy and travel stocks rallied ahead of a major jobs report. The Dow Jones Industrial Average rose 204 points, or 0.6%. The S&P 500 was up 0.4% while the Nasdaq Composite was up 0.6%. Movement in the stocks came after a mostly lower regular session on Wednesday that…
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Uber Earnings Q2 2021
Uber beat estimates for sales and earnings and posted an unexpected one-time gain in the second quarter. The shares lost more than 4% in after-hours trading. Here’s how Uber performed compared to the expectations of analysts surveyed by Refinitiv: Earnings per share: 58 cents versus an expected loss of 51 cents Revenue: $ 3.93 billion…
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Right here’s what billionaire Ray Dalio thinks
For Ray Dalio, bitcoin is like a digital version of gold — but the billionaire clearly values one higher than the other. “If you put a gun to my head, and you said, ‘I can only have one,’” says Dalio. “I would choose gold.” Dalio, who turns 72 on Sunday, revealed in May that he…
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“I’d like to do the staff”
The world was fascinated by the US swimmer Caeleb Dressel in his triumphant performances at the Olympic Games in Tokyo. While his Tokyo events may be over, don’t count him for the Paris Olympics in 2024. “I would love to make the team, but I have to be brought on the team first,” said the…
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Shares barely change as traders watch Covid developments and authorities bond yields
U.S. stocks battled for direction on Tuesday as concerns about global growth and Covid variants kept investors nervous. The Dow Jones Industrial Average rose 72 points, or 0.2%, after briefly falling more than 100 points at the beginning of the session. The S&P 500 was flat while the Nasdaq Composite lost 0.5%. The Dow and…
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American Airways, Spirit Airways cancel a whole lot of flights
American Airlines airplanes stand at passenger gates at Dallas/Fort Worth International Airport (DFW) near Dallas, Texas. Patrick T. Fallon | Bloomberg | Getty Images American Airlines passengers faced hundreds of cancellations and delays on Monday, as the carrier struggled to recover from disruptions caused by severe thunderstorms that swept through its Dallas/Fort Worth International hub.…
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Protection agency Meggitt’s shares skyrocket on sale to U.S. large Parker-Hannifin
The Meggitt plc company logo seen displayed on a smartphone. Igor Golovniov/SOPA Images/LightRocket via Getty Images U.S. industrial company Parker-Hannifin has agreed a £6.3 billion ($8.8 billion) deal to buy British defense and aerospace company Meggitt, the companies announced Monday. The deal, which will see Parker pay 800 pence per share, sent Meggitt stock soaring…
