Business Stories from January 15, 2021 (Change date)
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Retail group: holiday sales up 8.3% amid big spending shiftJan 15, 2021 6:00 am - NEW YORK (AP) - The nation's largest retail trade group said Friday that holiday sales soared 8.3%, far exceeding its forecast even as the coronavirus kept shoppers away...
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Grains mixed and livestock higher.Jan 15, 2021 6:00 am - Wheat for Mar. rose 5.50 cents at 6.7550 a bushel; Mar. corn was up 2.75 cents at 5.3150 a bushel, Mar. oats was off 1.75 cents at $3.5950 a bushel; while Mar. soybeans ...
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UK toughens up borders over Brazil virus variant fearsJan 15, 2021 6:00 am - LONDON (AP) - The U.K. is toughening up its entry requirements beyond its surprise decision to ban travel from South America and Portugal in the face of a new virus vari...
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US industrial production jumps 1.6% in DecemberJan 15, 2021 6:00 am - SILVER SPRING, Md. (AP) - U.S. industrial production rose 1.6% in December, a third straight monthly gain, but remains below its pre-pandemic level. The December gain in...
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Wells Fargo 4Q profit rose 4%, tops Street estimatesJan 15, 2021 6:00 am - SILVER SPRING, Md. (AP) - Wells Fargo had its best quarter of 2020 as its profit rose 4% in the fourth quarter of a year defined by the coronavirus outbreak. The bank, b...
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Germany approves resuming Russia gas pipeline workJan 15, 2021 6:00 am - BERLIN (AP) - German authorities on Friday gave immediate permission for work to resume on a subsea pipeline bringing natural gas from Russia. The decision by the Federa...
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Another recession looms for UK economy as lockdowns biteJan 15, 2021 6:00 am - LONDON (AP) - The British economy looks set to fall back into recession after official figures on Friday showed that it shrank by 2.6% month-on-month in November, when m...
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JPMorgan's profits jump as economy, investment bank recoversJan 15, 2021 6:00 am - CHARLOTTE, N.C. (AP) - JPMorgan Chase & Co., the nation's largest bank by assets, said its fourth quarter profits jumped by 42% from a year earlier, as the firm's invest...
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Asian shares mixed following Biden speech, Wall St retreatJan 15, 2021 6:00 am - Asian shares were mixed on Friday after a late slide in several Big Tech stocks left major indexes lower on Wall Street. U.S. futures were trading slightly lower after ...
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U.S. retail sales fell in December for 3rd straight monthJan 15, 2021 6:00 am - NEW YORK (AP) - Retail sales fell for a third straight month as a surge in virus cases kept people away from stores during the critical holiday shopping season. The rep...
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