C&E Industry News Filter
- Market
Interactive: Here are the politicians who received money from FTX’s Sam Bankman-Fried
Sam Bankman-Fried opened up his wallet to Washington in a big way during the 2022 election cycle, donating about $40…
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Trump Organization found guilty in executive tax-fraud scheme
NEW YORK — Donald Trump’s company was convicted of tax fraud on Tuesday in a case brought by the Manhattan…
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$3,000 gold and more outrageous market predictions investors shouldn’t brush aside.
Monday served as another smackdown for investors who are banking on a Goldilocks economy and a less aggressive Fed. Some…
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‘Gaslighters have two signature moves’: Are you being gaslighted at work? How to recognize the signs.
Are you less happy at work since you befriended that new recruit? Have they told you stories about how colleagues…
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10 Dividend Aristocrat stocks expected by analysts to rise up to 54% in 2023
Stocks of companies that raise dividends consistently have outperformed during this year’s bear market. Below is a screen showing which…
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Saudi crown prince set to invest in Credit Suisse’s new investment bank
Saudi Arabia’s crown prince and a U.S. private-equity firm run by Barclays PLC’s former chief executive are among investors preparing…
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Inflation and credit-card debt are on the rise, despite a strong job market. Tell us how the economy is affecting you.
We want to hear from readers who have stories to share about the effects of increasing costs and a changing…
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U.S. COVID cases are climbing again as new omicron variants spread
COVID-19 cases and hospitalizations in the U.S. are rising and intensive-care-unit beds are being filled again, in a trend that…
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U.S. adds 263,000 jobs in November and wages rise sharply — still too much for the Fed’s liking
The numbers: The U.S. created a robust 263,000 new jobs in November, showing that hiring is still historically strong and…
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Senate passes bill to prevent rail strike, rejects measure providing paid sick leave
The U.S. Senate on Thursday voted 80-15 in favor of a bill that would prevent a rail strike by imposing…
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This 82-year-old retiree makes makes moose calls
Butch Phillips, an 82-year-old member of the Penobscot Nation, etches 18-inch long moose call horns from birch bark he harvests…
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Chinese cities announce further easing of COVID curbs, though police are still patrolling streets to stop protests
Major Chinese cities on Thursday announced a further easing of COVID restrictions, as police continued to patrol streets to avert…
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Salesforce co-CEO Bret Taylor leaving, stock falls after lower-than-expected forecast
Salesforce Inc. performed better than expected in the third quarter, but executives issued a fourth-quarter forecast that fell short of…
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Okta CEO promises profit for all of next year — ‘The problem was never that we didn’t have talented sales people’
Okta Inc. executives on Tuesday said they will report an adjusted profit in the fourth quarter and, in a surprise,…
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U.S. job openings fall to 10.3 million — but labor market still too strong for the Fed
The numbers: Job openings in the U.S. fell to 10.3 million in October in another sign the labor market is cooling…
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XPeng stock rockets toward record rally as bulls brush off bad results, outlook
The U.S.-listed shares of China-based electric vehicle maker XPeng Inc. skyrocketed Wednesday, as investors cheered changes in China’s COVID policy…
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DoorDash to lay off 1,250 employees as CEO says costs grew too fast
Food-delivery platform DoorDash Inc. plans to lay off about 1,250 employees, becoming the latest technology company to admit that it…
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CrowdStrike stock drops nearly 20% as elongating sales cycle slows new subscriptions
CrowdStrike Holdings Inc. shares dropped in the extended session Tuesday after the cybersecurity company said new subscriptions came in below expectations…
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20 dividend stocks with high yields that have become more attractive right now
Income-seeking investors are looking at an opportunity to scoop up shares of real estate investment trusts. Stocks in that asset…
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IMF head joins chorus calling on China to adapt COVID strategy as officials pledge to boost vaccinations among elderly
The head of the International Monetary Fund on Tuesday joined the chorus of people urging China to adopt a more…
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Crypto lender BlockFi is suing Sam Bankman-Fried over his shares in Robinhood: report
Just hours after filing for Chapter 11 bankruptcy in New Jersey on Monday, cryptocurrency lender BlockFi filed a lawsuit against…
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Nestle lifts guidances, confirms plan to buy back $21 billion shares over 2022-24
Nestle SA has lifted its full-year organic sales-growth guidance and outlined targets for 2025 ahead of its investor seminar on…
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‘A rail shutdown would devastate our economy’: Biden urges Congress to head off potential strike
OMAHA, Neb. — President Joe Biden on Monday asked Congress to intervene and block a railroad strike before next month’s…
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Black Friday online sales top $9 billion to break all-time record
A record $9.12 billion was spent online for Black Friday, Nov. 25, up 2.3% from Black Friday in 2021. Electronics were the major…
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Manchester United stock soars as owners explore possible sale
Manchester United’s MANU, +14.66% stock climbed 8.1% before the opening bell on Wednesday after the club’s owners confirmed they are…
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Eurozone economic activity contracted for fifth straight month in November, PMIs signal
November saw business activity fall across the eurozone for the fifth consecutive month, adding to fears of a recession, the…
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Credit Suisse flags $1.6 billion 4Q loss as wealth management comes under strain
Credit Suisse Group AG said Wednesday it expects to make a loss before taxes of around CHF1.5 billion ($1.58 billion)in…
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5 things not to buy on Black Friday
It’s a year for shopping prudently. Americans will spend between $942.6 billion and $960.4 billion this holiday season, according to…
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China’s three-week COVID case tally tops 253,000 and daily average is rising, government says
More than 253,000 coronavirus cases have been found in China in the past three weeks and the daily average is…
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Top Disney exec Kareem Daniel to leave as Bob Iger returns
Kareem Daniel, the chairman of Walt Disney Co.’s vast media and entertainment distribution segment, is leaving the company as part…
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Tesla stock at two-year low, other EV-maker shares plunge as concerns simmer about China, oil futures
Tesla Inc. shares on Monday were poised to end at a fresh two-year low, with shares of other electric-vehicle makers…
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Disney shocker: Bob Iger to return as CEO, Bob Chapek ousted
In a stunning reversal, the Walt Disney Co. DIS, +0.38% announced Sunday night that Chief Executive Bob Chapek was out,…
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Disney shocker: Robert Iger to return as CEO, Bob Chapek ousted
In a stunning reversal, the Walt Disney Co. DIS, +0.38% announced Sunday night that Chief Executive Bob Chapek was out,…
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Supposed $477 million FTX ‘hack’ was actually a Bahamian government asset seizure
Remember that hack of nearly half a billion dollars in cryptocurrency from bankrupt FTX last weekend? Turns out it was…
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Pfizer and BioNTech updated booster shows strong results against new omicron sublineages in fresh analysis of data
A fresh analysis of data on the immune response generated by the bivalent COVID-19 booster showed strong results against the…
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Elizabeth Holmes sentenced to over 11 years in prison for Theranos crimes
Theranos founder and former chief executive Elizabeth Holmes was sentenced to 135 months, or over 11 years, in prison, putting…
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U.S. existing home sales retreat for a record ninth straight month in October
The numbers: Existing-home sales fell 5.9% to a seasonally adjusted annual rate of 4.43 million in October, the National Association…
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World Cup organizers in Qatar will reportedly ban beer sales at all eight stadiums
DOHA, Qatar (AP) — World Cup organizers will ban the sale of all beer with alcohol at the eight stadiums…
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Amazon CEO says more layoffs are coming in 2023
Amazon.com Inc. plans more layoffs, but employees will have to wait until 2023 to see if their jobs are affected.…
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Visa CEO Al Kelly to step down from that role in February
Visa Inc. Chief Executive Al Kelly plans to step down from that role in February, to be replaced by Ryan…
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‘This situation is unprecedented’: 10 crazy things detailed in FTX’s bankruptcy filing
On Thursday, John Ray, III, the new CEO of FTX, dropped a long-awaited declaration in U.S. bankruptcy court, giving a…
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Black Friday surprise: Jeff Bezos tells people NOT to buy cars, refrigerators and other big-ticket items. Critics call him out.
Billionaire Jeff Bezos, who founded the e-retail behemoth Amazon, has some spending tips as Americans gear up for a holiday…
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Nancy Pelosi steps down as leader of House Democrats after two decades
Speaker Nancy Pelosi on Thursday said she will no longer serve as the top Democrat in the U.S. House of…
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Global tally of COVID cases rises in reversal of recent trend, led by Japan, South Korea and the U.S.
The global tally of COVID-19 cases rose 2% in the week through Nov. 13 from the previous week, according to…
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U.S. jobless claims dip to 220,000 but layoffs are starting to rise
The numbers: The number of Americans who applied for unemployment benefits in mid-November fell slightly to 222,000 — a low…
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Starbucks workers at more than 100 stores going on strike
Starbucks workers at more than 100 U.S. stores say they’re going on strike Thursday in what would be the largest…
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Republicans clinch slim majority in House, likely signaling gridlock ahead
Republicans will take over the U.S. House of Representatives two years into President Joe Biden’s term, though their narrow majority…
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Cisco’s stock rises on strong quarterly sales, guidance
Cisco Systems Inc.’s stock rose in extended trading Wednesday after the networking-technology company delivered better-than-expected numbers on the top and…
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China locks down Peking University over one COVID case, showing commitment to zero-COVID policy
Chinese authorities have locked down Peking University after finding a single COVID case, evidence of their continued commitment to the…
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U.K. inflation hit fresh four-decade high of 11.1% in October
U.K. inflation accelerated in October, reaching a fresh four-decade high, as higher wholesale energy prices fed through households’ utility bills.…
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