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U.S. considers crackdown on memory chip makers in China

U.S. considers crackdown on memory chip makers in China

WASHINGTON, Aug 1 (Reuters) – The United States is considering limiting shipments of American chipmaking equipment to memory chip makers in China including Yangtze Memory Technologies Co Ltd (YMTC), according to four people familiar with the matter, part of a bid to halt China’s semiconductor sector advances and protect U.S. companies. If President Joe Biden’s …

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Wall Street rallies with earnings in full swing

Wall St ends up sharply for 2nd day; Amazon.com, Apple jump after hours

U.S. economy contracts in the second quarter Meta Platforms revenue drops for first time Ford shares gain after results Indexes: Dow up 1%, S&P 500 up 1.2%, Nasdaq up 1.1% NEW YORK, July 28 (Reuters) – U.S. stocks on Thursday rallied for a second day, with all three major indexes ending up more than 1% …

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S&P 500 ends choppy session nearly flat; investors eye Fed, earnings

S&P 500 ends choppy session nearly flat; investors eye Fed, earnings

Apple, Amazon.com among companies to report earnings this week FOMC to kick off two-day policy meeting from Tuesday Miner Newmont falls after raising annual cost forecast Indexes: Dow up 0.3%, S&P 500 up 0.1%, Nasdaq down 0.4% NEW YORK, July 25 (Reuters) – The S&P 500 see-sawed on Monday and ended close to unchanged as …

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Amazon strikes $3.5 bln deal for One Medical in long march into U.S. healthcare

Amazon strikes $3.5 bln deal for One Medical in long march into U.S. healthcare

July 21 (Reuters) – Amazon.com Inc (AMZN.O) on Thursday agreed to buy primary care provider One Medical (ONEM.O) for $3.49 billion, expanding the e-commerce giant’s virtual healthcare and adding brick-and-mortar doctors’ offices for the first time. The all-cash deal would combine two relatively small players as Amazon continues a years-long march into U.S. healthcare, seeking …

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Nasdaq rose as Tesla posted strong earnings

Nasdaq rose as Tesla posted strong earnings

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2022. REUTERS/Brendan McDermid/File Photo Register now for FREE unlimited access to Reuters.com Register Tesla shares rise as profit tops expectations Energy stocks lead sectoral declines AT&T drags down communication services sector Indexes mixed: Dow up 0.08%, …

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Wall Street tumbles at close as worries mount ahead of CPI report

Wall Street tumbles at close as worries mount ahead of CPI report

Treasury yield inversion stokes recession worries Boeing jumps, deliveries reach highest monthly level in 3 years Gap slides on CEO exit, outlook Indexes fall: Dow 0.62%, S&P 0.92%, Nasdaq 0.95% NEW YORK, July 12 (Reuters) – Wall Street ended in negative territory on Tuesday as growing signs of recession kept buyers out of the equities …

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Wall Street ends first day of third quarter with solid rebound

Wall Street ends first day of third quarter with solid rebound

U.S. factory activity decelerates more than expected in June Micron’s downbeat forecast prompts chip sell-off Kohl’s tumbles after calling off sale to Franchise Group Indexes up: Dow 1.05%, S&P 1.06%, Nasdaq 0.90% NEW YORK, July 1 (Reuters) – Wall Street bounced back to a sharply higher close in light trading on Friday as investors embarked …

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S&P 500 limps to slightly lower close as quarter-end looms

S&P 500 limps to slightly lower close as quarter-end looms

U.S. economy contracted in Q1; consumer spending revised lower General Mills rises as sales beat on higher prices Bed Bath & Beyond replaces CEO, shares tumble Dow up 0.27%, S&P down 0.07%, Nasdaq off 0.03% NEW YORK, June 29 (Reuters) – The S&P 500 ended a seesaw session slightly down on Wednesday as investors staggered …

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Legal clashes await U.S. companies covering workers' abortion costs

Legal clashes await U.S. companies covering workers’ abortion costs

June 27 (Reuters) – A growing number of large U.S. companies have said they will cover travel costs for employees who must leave their home states to get abortions, but these new policies could expose businesses to lawsuits and even potential criminal liability, legal experts said. Amazon.com Inc (AMZN.O), Apple Inc (AAPL.O), Lyft Inc (LYFT.O), …

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