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U.S. stock futures ticked down as investors sold down government bonds and richly valued technology stocks that had powered higher in a low-yield environment. Futures tied to the S&P 500 edged 0.3% lower, indicating that the broad market gauge could post a muted drop after the New York opening bell. Dow Jones Industrial Average futures…
SUEZ, Egypt — The giant container ship that has blocked traffic in the Suez Canal for the last week, bringing a key global trade route to a standstill and capturing the world’s attention, was partially refloated early Monday.It was unclear when the vessel would be fully set free but the progress raised hopes the crucial…
Exchange offices in Istanbul, Turkey seen on October 28, 2020. Due to the increase in exchange rates and the economic instability, people change currency and buy Turkish lira.Erhan Demirtas | NurPhoto via Getty ImagesTurkey's lira fell dramatically on Monday morning after President Recep Tayyip Erdogan fired the country's central bank chief — the third to…
(CNN)Texas Roadhouse founder and CEO Kent Taylor died Thursday, according to a post on the restaurant chain's Facebook page. He was 65."Our community and the restaurant industry lost a legend and the Taylor family lost a wonderful son, father and grandad this week," said a joint statement from Taylor's family and Texas Roadhouse sent to…
Please NoteThe Washington Post is providing this important information about the coronavirus for free. For more free coverage of the coronavirus pandemic, sign up for our Coronavirus Updates newsletter where all stories are free to read.Global distribution of the AstraZeneca coronavirus vaccine remains undisturbed by the shot’s suspension in much of Europe following reports of…
Xpeng CEO He Xiaopeng stands next to the company's P7 electric sedan as he addresses media at the 2020 Beijing auto show.Evelyn Cheng | CNBCBEIJING — Chinese electric car maker Xpeng forecast it will deliver far fewer cars than rival start-up Nio in the first three months of the year.New York-listed Xpeng announced overnight it…
A GameStop store in the Koreatown area of Los Angeles. Jim Bell, the company’s chief financial officer, who joined the company in mid-2019, is leaving.Credit...Philip Cheung for The New York TimesGameStop’s chief financial officer, Jim Bell, is leaving the company in late March, following a stock-trading frenzy that briefly sent shares in the video game…
Hong Kong (CNN Business)HSBC is pushing even harder into Asia as the bank seeks to shore up its business in the wake of the coronavirus pandemic and ongoing tensions between the United Kingdom and China. It's also bringing back its dividend, a sign that it's optimistic about its ability to navigate the year ahead. The…