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Today’s Date
6 May 2024
Finance
Bank to Pay $2.5B for Interest Rate Violations
by
ASSOCIATED PRESS
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Apr 23, 2015
ALBANY, N.Y. (AP) — Deutsche Bank has agreed to pay $2.5 billion in a settlement with U.S. and British authorities over the manipulation of benchmark interest rates used globally for its own financial gain. The U.S....
Nasdaq Moves Into Record Territory With Gains
by
KEN SWEET, AP Business Writer
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Apr 23, 2015
NEW YORK (AP) — The Nasdaq composite crossed into record territory as U.S. stocks turned higher in afternoon trading Thursday, despite mixed earnings reports from General Motors, Procter & Gamble and others. After a sluggish morning,...
US Stock Market Edges Higher at Midday
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ASSOCIATED PRESS
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Apr 22, 2015
NEW YORK (AP) — U.S. stocks are edging higher at midday as traders pore over more earnings news. Yum Brands rose 5 percent Wednesday after reporting higher global sales at Taco Bell and KFC. Chipotle sank...
EU Charges Russian Gas Giant With Abuse
by
RAF CASERT, Associated Press
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Apr 22, 2015
BRUSSELS (AP) — The European Union on Wednesday charged Russia’s state-controlled Gazprom energy giant of abusing its dominant position in central and eastern EU nations in an antitrust case that will further test tense relations between...
US Stocks Drift Among Mixed Earnings News
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ASSOCIATED PRESS
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Apr 22, 2015
NEW YORK (AP) — U.S. stocks were wavering between small gains and losses in early trading Tuesday as investors looked over the latest company earnings reports. Chipotle Mexican Grill fell after the company said a shortage...
Asian Stocks Mostly Higher as Japan Improves
by
YURI KAGEYAMA, Associated Press
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Apr 21, 2015
TOKYO (AP) — Asian stocks were mostly higher Wednesday after Japan reported its first trade surplus in three years, adding optimism to regional sentiment despite a fall on Wall Street. KEEPING SCORE: Japan’s benchmark Nikkei 225...
US Stocks Gain After Friday’s Slump at Close
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ASSOCIATED PRESS
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Apr 20, 2015
NEW YORK (AP) — U.S. stocks are rising in midday trading, bouncing back from a big loss on Friday, as companies turn in healthy earnings reports. Hasbro was among the biggest gainers Monday after the toy...
Morgan Stanley’s Income Jumps 60 Percent
by
ASSOCIATED PRESS
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Apr 20, 2015
NEW YORK (AP) — Morgan Stanley reported a 60 percent jump in quarterly profit Monday, as revenue from trading stocks and bonds lifted the investment bank’s results. BOTTOM LINE: First-quarter net income rose to $2.31 billion...
Greek ‘Day of Reckoning’ Shakes Stock Markets
by
BERNARD CONDON, AP Business Writer
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Apr 17, 2015
NEW YORK (AP) — Fear that Greece could default on its debt and abandon the euro rattled global financial markets Friday. News that negotiations between Greece and its international lenders are making little progress sent European...
Global Finance Leaders See Modest Uptick
by
JASON JUMP, M3 Publishing Editor
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Apr 17, 2015
WASHINGTON (AP) — Financial officials from the world’s major economies on Friday welcomed modest improvements in the global economy while side-stepping fears rattling global financial markets that Greece will default on its bailout loans. The officials...
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