Higher prices on foods from Ritz crackers to burritos are helping restaurants and food makers boost sales and profits.The higher prices and more premium products are helping their balance sheets and pushing up shares. The restaurants subset of the S&P 500…
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Rod Bolls, 44, is a regular at Corrida, a steakhouse in Boulder, Colo. But he wasnt sure he wanted to try one of their newer offerings. Dubbed vaca viejaSpanish for old cowits a ribeye steak the menu described as being 8 years at harvest. Thats about four tim…
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WASHINGTONPresident Trump called on Republican and Democratic lawmakers to come together to work on strong background checks after mass shootings over the weekend in Texas and Ohio, suggesting the effort could be coupled with desperately needed immigration re…
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Billionaire Steven A. Cohens hedge fund is up about 10% this year. But a significant part of that return has come from a money manager who doesnt work at Mr. Cohens fund.Mr. Cohen is widely viewed on Wall Street as one of the best traders of all time. From 19…
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SHENZHEN, ChinaHuawei Technologies Co.s smartphone sales are surging in China as a patriotic buying spree helps to blunt the impact of widening U.S. restrictions on the telecommunications giant.Huaweis share of smartphone sales in China soared by almost a thi…
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Two mass shootings in less than 24 hours left at least 29 dead and 53 injured, and the events shook a nation that seemed to have grown accustomed to the toll of gunfire in public places.In El Paso, Texas, a lone gunman walked into a crowded
Walmart
Saturday…
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HONG KONGA citywide strike and three days of violent clashes with police that spread through the city escalated a political crisis as Hong Kongs leader called the situation dangerous and unstable but offered no compromises to abate the unrest. Dozens of fligh…
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Stocks across Asia fell and the Chinese yuan depreciated to a new low in offshore trading, following an escalation in the U.S.-China trade dispute and widespread protests in Hong Kong. Stock indexes in Japan and Korea declined more than 2% Monday morning in A…
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HSBC
HSBC -2.73%
Holdings PLC plans to slash thousands of jobs and slow investment spending after the surprise ouster of Chief Executive John Flint.Up to 2% of the banks 237,685 employees could lose their jobs, a bank executive said Monday, as HSBC flagged…
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The highly uncertain U.S. economic outlook is complicating Federal Reserve Chairman Jerome Powells effort to bring a more plain-spoken approach to communicating with the public.Stock markets fell and the dollar strengthened Wednesday when Mr. Powell discussed…
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