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Wall Street Journal - Aug 12

(Corrects headline to add date) Aug 12 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Johnson & Johnson JNJ.N will stop selling baby powder made with talc globally in 2023, the company said Thursday. Link - Calm.com Inc, maker of popular meditation and wellness app Calm, has laid off 20% of its staff, according to a memo sent by Chief Executive David Ko to employees on Thursday.
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S&P 500 closes the book on its steepest first-half slide since 1970

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) * U.S. May consumer spending rises moderately; inflation stays hot * Nasdaq notches biggest-ever Jan-June percentage drop * Indexes down: Dow 0.82%, S&P 0.88%, Nasdaq 1.33% (Updates with official closing prices) By Stephen Culp NEW YORK, June 30 (Reuters) - Wall Street ended lower on Thursday, crossing the finish line of a grim month and quarter, a dismal coda to the S&P 500's worst first half
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S&P 500 closes the book on its biggest first-half plunge since 1970

(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window.) (New throughout, updates prices, market activity and comments to market close) By Stephen Culp NEW YORK, June 30 (Reuters) - Wall Street ended the session lower on Thursday, crossing the finish line of a grim month and quarter, a dismal coda to the S&P 500's worst first half in more than half a century.
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S&P 500 wobbles to the end of its worst first-half since 1970

(Removes extraneous words in 2nd paragraph) * U.S. May consumer spending rises moderately; inflation stays hot * S&P 500 headed for worst first-half since 1970 * Indexes down: Dow 0.35%, S&P 0.20%, Nasdaq 0.45% By Stephen Culp NEW YORK, June 30 (Reuters) - Wall Street slid into the finish line of a dismal month and quarter on Thursday as a continued sell-off put a grim punctuation mark at the close of the S&P 500's worst first-half in more than half a century.
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This is going to hurt

A look at the day ahead in markets from Julien Ponthus. Investors on recession watch learnt little they didn't already know from the world's top central bankers gathered at the European Central Bank's annual conference in Portugal. Fighting inflation is the top priority and avoiding a recession comes second, they made clear, with U.S. Fed Chair Jerome Powell acknowledging that some "pain" would be involved in the process.
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When bad data is just that

A look at the day ahead in markets from Julien Ponthus. Much of the market rebound from the lows hit on June 17 was credited to data being arguably bad enough to encourage central banks to go easy on their aggressive policy tightening plans yet good enough to suggest a recession could be avoided. But dire U.S. consumer confidence data on Tuesday seems to have tipped the balance towards economic contraction just as Federal Reserve policymakers have reiterated their promise to swiftly raise intere
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British Business - June 29

June 29 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Andrew Formica, chief executive of Jupiter Fund Management JUP.L , is to quit after three years unsuccessfully trying to stem client defections. Link - Purplebricks PURP.L on Tuesday said it has delayed its annual results because its auditor needs more time to assess the new processes and controls that the onl
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British Business - June 23

June 23 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Frasers Group FRAS.L said on Wednesday it has increased its maximum exposure to Hugo Boss BOSSn.DE to 900 million euros ($950.49 million) and reiterated its support for the German fashion brand's strategy and management team.
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British Business - June 10

June 10 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - British online electricals retailer AO World AO.L on Thursday said it will close its business in Germany. Link - M&C Saatchi's SAA.L preferred suitor Next Fifteen NFC.L , has said that it will not bid any more than the 310 million pounds ($387.31 million) it offered last month for the marketing group.
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British Business - April 27

April 27 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times Novacyt ALNOV.PA has been issued with a 134.6 million pound ($169.34 million) claim by the UK government over a protracted contract dispute, weakening its shares further.
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British Business - April 20

April 19 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Spiralling inflation is a "clear and present" danger to the world economy, the International Monetary Fund warned as it slashed its global growth forecasts amid Russia's war in Ukraine.
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Wall Street falls as S&P suffers biggest quarterly drop in two years

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Consumer spending rose less than expected in February * Energy sector heads toward its best quarter ever * Walgreens falls after earnings * Dow down 1.56%, S&P 500 down 1.57%, Nasdaq down 1.54% By Chuck Mikolajczak NEW YORK, March 31 (Reuters) - U.S.
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Wall Street set for muted open on last day of rough quarter

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * China's Baidu exploring options after U.S. delisting risk * Energy sector heads to its best quarterly performance ever * Futures: Dow off 0.09%, S&P down 0.02%, Nasdaq up 0.18% By Bansari Mayur Kamdar and Amruta Khandekar March 31 (Reuters) - Wall Street was set for a largely flat open on Thursday as investors focused on the raging conflict in Ukraine and the outlook for U.S.
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British Business - Jan 12

Jan 12 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times The former KPMG partner responsible for auditing Carillion Plc CLLN.L , who is accused of creating false documents to mislead inspectors, has claimed he was let down by junior colleagues and was shopping with his wife on the afternoon of a key meeting, a disciplinary tribunal heard.
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Dow, S&P close at record highs as Omicron worries ease

(Repeating without changes for wider distribution) * Dow, S&P close at all-time highs By Echo Wang Dec 29 (Reuters) - The Dow and S&P 500 closed at all-time highs on Wednesday on a boost from retailers including Walgreens and Nike, as investors shrugged off concerns on the spreading Omicron variant. The Dow has now risen six straight trading days, marking the longest streak of gains since a seven-session run from March 5 to March 15 this year.
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Dow, S&P close at record highs as Omicron worries ease

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Dow, S&P close at all-time highs By Echo Wang Dec 29 (Reuters) - The Dow and S&P 500 closed at all-time highs on Wednesday on a boost from retailers including Walgreens and Nike, as investors shrugged off concerns on the spreading Omicron variant.
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New York Times business news - Nov. 24

Nov 24 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy. - Apple AAPL.O sued the NSO Group, the Israeli surveillance company, in federal court on Tuesday, another setback for the beleaguered firm and the unregulated spyware industry. Link - Dollar Tree DLTR.O will raise the prices of most items in all of its stores to $1.25 from $1 by the end of April, the company said on Tuesday, afte
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S&P 500 surges, biggest daily percentage rise since March on earnings, data

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Moderna up, FDA advisers recommend booster for emergency use * Big banks rise as profits beat forecasts * UnitedHealth jumps on strong results * Indexes: Dow up 1.6%, S&P 500 up 1.7%, Nasdaq up 1.7% (Updates close with volume, other details) By Caroline Valetkevitch NEW YORK, Oct 14 (Reuters) - The S&P 500 jumped on Thursday, its biggest daily percentage advance since early March, as c
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Wall St ends up sharply as earnings, economic data lift optimism

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Technology-related stocks rally * Big banks rise as profits beat forecasts * UnitedHealth jumps on strong results (New throughout, updates prices, market activity and comments to close) By Caroline Valetkevitch NEW YORK, Oct 14 (Reuters) - U.S.
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Wall St jumps as earnings, economic data lift optimism

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Technology stocks rally * Big banks rise as profits beat forecasts * UnitedHealth jumps on strong results * Indexes up: Dow 1.6%, S&P 500 1.7%, Nasdaq 1.8% By Caroline Valetkevitch NEW YORK, Oct 14 (Reuters) - U.S. stocks surged on Thursday as companies including Bank of America and UnitedHealth gained following strong results, while data on the labor market and inflation soothed worri
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