Markets / Wall Street

France to restrict suspect Lebanese officials from entering

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PARIS — France will restrict Lebanese officials suspected of corruption or obstructing the formation of a government from entering the country, the foreign minister...

Best Buy president to leave after 17 years at chain

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NEW YORK — Best Buy said Thursday that its president and chief operating officer is stepping down in July after more than 17 years...

AP FACT CHECK: Claims from Biden’s joint address to Congress

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WASHINGTON — The Associated Press is fact-checking remarks from President Joe Biden's first address to a joint session of Congress and the Republican response....

Asian lender forecasts strong rebound for region in 2021

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NOT YET — Developing Asian economies will grow at a solid 7.3% pace this year after contracting slightly in 2020 due to the pandemic,...

Dubai police arrest attackers in massive brawl that killed 3

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DUBAI, United Arab Emirates — Police in Dubai have arrested 10 suspects in a massive knife fight that killed three people, authorities said Wednesday,...

Pizza Hut, KFC, Taco Bell sales bounce as restrictions ease

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LOUISVILLE, Ken. — Profit for the company that runs Pizza Hut, Taco Bell and KFC restaurants more than tripled during the first quarter and...

Explainer: Capital gains tax hike targets wealthy investors

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NEW YORK — After massive U.S. government spending helped send the stock market back to record heights, with even more potentially on the way,...

Text of the Federal Reserve’s statement after its meeting

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WASHINGTON — Below is the statement the Fed released Wednesday after its policy meeting ended: ...

Ford posts surprise $3.26B 1Q profit; chip shortage looms

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DETROIT — Ford Motor Co. says it made $3.26 billion in the first quarter, helped by rising vehicle prices and in spite of production...

BP to launch share buyback program after big profit spike

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LONDON — BP said Tuesday that it would be returning around a half-billion dollars to shareholders after “significantly” higher oil prices contributed to a...