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Business News

Location American Business News for 8 June 2023
The Pinocchio-inspired Soulslike Lies of P got a new trailer at Summer Game Fest, confirming it's Sept 19 release date and demo launch.
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Nearly all Asian locations surveyed fell in rankings, indicating that expats will find living in Asia "relatively cheaper," said ECA International.
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Alphabet Inc Ended Wednesday With A Key Reversal Day. There Is A Potential Weekly Key Reversal On Friday A weekly key reversal will occur if Friday's close on June 9 is below last week's low of $122.00.
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Kabam said its medieval squad-based role-playing game King Arthur: Legends Rise will debut for its next open beta on June 29 in the U.S.
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Trump Told He's Under Federal Criminal Investigation--Signaling Potential End To Probe Trump's lawyers were notified of the criminal investigation, indicating a charging decision from Special Counsel Jack Smith could be imminent.
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Investors have been piling into Tesla Inc.'s stock as it rallies toward its longest winning streak since January 2021.
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Shares of Akoya Biosciences on Wednesday dropped 10% to $5.00 in after-hours trading after the company said it fired its chief medical officer and chief people officer as part of a cost-cutting plan.
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JPMorgan CEO Jamie Dimon Urges Against Challenging US Dollar's Reserve Currency Status JPMorgan Chase CEO Jamie Dimon has urged against challenging the U.S. dollar's reserve currency status amid the ongoing de-dollarization trend globally. "The United States is the fundamental foundation of the global econ...
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Coinbase bonds slip further into distressed territory after the U.S. Securities and Exchange Commission filed charges against the platform as part of a broader crypto industry crackdown.
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The US Army's Green Berets have struggled to bring enough recruits into their elite ranks, data shows The recruiting data is the first clear indication that the Army may be reducing the number of its special operations.
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Construction Boom Fuels Surge in Excavator Sales

Wall Street Journal - 8 Jun 2023 17:05
Construction Boom Fuels Surge in Excavator Sales Deere, Caterpillar and CNH Industrial are expanding or upgrading their models to meet surging demand for building and infrastructure projects.
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Bidenomics and Its Contradictions

Wall Street Journal - 8 Jun 2023 16:09
Bidenomics and Its Contradictions Competition with China has reinforced President Biden's commitment to industrial policy, but his vision for government intervention carries risks for the U.S. economy and allies
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Chris Licht breaks silence after leaving CNN: 'I learned a lot' Chris Licht resigned as CNN's CEO on Wednesday, and broke his silence by calling the job "an exciting but incredibly challenging assignment."
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Terra Luna Co-Founder Do Kwon's Political Ties in Montenegro Under Investigation Terra Luna (LUNA) co-founder is making headlines again, this time looking into his relationship with Montenegro's political elite. The news comes after Montenegrin politician Dritan Abazovic, in collaboration with politi...
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Australia's Commonwealth Bank Will Partially Restrict Payments to Crypto Exchanges The Australian bank announced on Thursday that will decline "certain payments" to crypto exchanges or hold them for a period of 24 hours.
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Digital Art Collective Wildxyz Introduces Curatorial Board to Grow Experiential Art Program The 10 artists, including Deafbeef, Casey Reas and Harm van den Dorpel, will advise the platform's artist residency program.
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Booking Holdings Stock Up 30% Over Last Six Months. What's Next? BKNG stock has increased from around $2042 to $2671 in the last six months, outperforming the broader indices, with the S&P growing about 8% over the same period.
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UK's biggest banks urged to increase 'measly' savings rates MPs question why some savers are receiving only 0.25% despite 12 consecutive Bank of England interest rate rises Business live - latest updates Britain's biggest banks need to "up their game" and stop fobbing off million...
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A Los Angeles house that's badly in need of repairs and sits over a public bridge is on the market for $250,000. The agent said more than 40 groups showed up for an open house. Although the house has only been on the market for 13 days, listing agent Douglas Lee told Insider that he's already received over 10 offers.
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The world's third-largest economy after the U.S. and China grew 2.7% on an annualized basis in the first quarter, compared with the 1.6% expansion recorded in the preliminary estimate released in May.
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GameStop Shares Fall as It Fires CEO and Names Ryan Cohen Executive Chairman Chief Executive Matt Furlong is out at the videogame and consumer-electronics retailer.
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GameStop shares plummet after firing CEO: 'Like Elon Musk running Twitter' The company also posted its fourth consecutive fall in quarterly revenue and missed market estimates.
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