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Canadian pulp producer Mercer International Inc. plans to file for Chapter 11 bankruptcy as part of a restructuring that would slash its debt and bring in $400 million of new money.
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A child died of measles in New York amid an ongoing outbreak in the state that has infected more than 170 people, the health department said Monday.
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Walt Disney Co. is moving toward thousands of job cuts with the entertainment giant asking some managers to target 20% in annual cost savings, according to people familiar with the matter.
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Gold was steady, after jumping the most in two months on Monday as hopes of a breakthrough in US-Iran peace talks sent oil prices plunging and eased anxiety over accelerating inflation.
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OpenAI is hiring former US Army Secretary Dan Driscoll to help expand the use of artificial intelligence for national and cyber security.
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Oracle Corp. is poised to price the sale of $10 billion in shares at an 11% discount, according to people familiar with the matter, after the company’s stock price was dinged in a choppy session to start the week.
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"Balance of Power" focuses on the intersection of politics and global business. On today's show, Maria Teresa Kumar, President and CEO of Voto Latino, says Latino voters in Texas’ Rio Grande Valley who moved toward President Trump over the…
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Franklin Templeton’s Jenny Johnson said the warning from MSCI Inc. to Indonesia will be constructive, giving extra impetus for the country to improve governance and transparency in its equities market.
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William Nordhaus, who created revolutionary economic models of the effects of global warming, died Oct. 30 at 85.
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Source: Bloomberg, 0:00
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Barclays Plc is stepping up its review process to ensure it detects client exposures to intensifying flood risks.
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Source: Bloomberg, 0:00
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The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Apple posted decelerating sales growth in its September quarter, with China revenue missing estimates, in its…
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Maria Teresa Kumar, President and CEO of Voto Latino, says Latino voters in Texas’ Rio Grande Valley who moved toward President Trump over the economy and border security are now being pushed back toward Democrats by high costs, tariffs…
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Source: Bloomberg, 0:00
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Bloomberg's Erik Wasson joins "Balance of Power" to discuss the election day races in North Carolina. Former Governor Roy Cooper, a Democrat is expected to defeat Michael Whatley in a Senate race. But other contests are expected to be…
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North Korea rejected US claims that it was behind the theft of more than $6 billion in cryptocurrency from Binance, after the FBI blamed Pyongyang for the biggest crypto heist on record.
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The US Supreme Court rejected the Trump administration’s bid to set aside thousand of ballots from California. The administration said the votes were from 20,000 "likely" noncitizens. The justices refused to get involved in the case…
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Oil steadied after its biggest slump in more than three months, with the US and Iran signaling a willingness to pursue peace talks as the war in the Middle East enters its ninth month.
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South Korea’s inflation remained elevated in October, underscoring price pressures as the central bank weighs further interest-rate increases following a pause last month.
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Robinhood is competing with other retail brokerages over access to Anthropic's mega-IPO and others as they come to market. CFO Shiv Verma says the company continues to see demand for IPO access, adding, "We're making sure the companies…
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The Close brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Edward Jones Head of Investment Strategy Mona Mahajan, Detroit Regional…
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Diamondback Energy Inc. said the Permian Basin, home to the nation’s most productive oil field, will also become the biggest natural gas play in the US sometime in the 2030s.
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