Business & Financial News, U.S & International Breaking News
S&P 500, Nasdaq scale record highs as Netflix soars; Biden takes office
The S&P 500 and the Nasdaq hit all-time highs on Wednesday as Joe Biden became the 46th U.S. president, while solid results from Netflix sparked a rally in shares of stay-at-home winners.
At least three dead after blast wrecks building in central Madrid
At least three people died and six were injured on Wednesday when a building in central Madrid belonging to the Catholic Church was blown apart by an explosion, local authorities said.
Google's advertising practices targeted by EU antitrust probe
EU antitrust regulators have sought information from advertisers regarding Google's advertising technology practices, a European Commission document seen by Reuters shows.
Silver lining: Biden's scrapping of Keystone pipeline allows Canada's Trudeau to move on
U.S. President Joe Biden's move to scrap the Keystone XL oil pipeline, while a blow to Canada's energy sector, is a blessing in disguise for Prime Minister Justin Trudeau, who is eager to embrace the new administration, two sources familiar with the matter said.
Morgan Stanley boosts targets after blowout trading quarter
Morgan Stanley boosted both its short and long-term operating targets on Wednesday after coronavirus-induced volatility in financial markets helped the Wall Street bank post a quarterly profit that sailed past estimates.
China rescuers prepare escape route for trapped gold miners
Rescue teams on Wednesday drilled new holes down a gold mine in China's Shandong province, searching for more survivors after an explosion 10 days ago and preparing an escape passage for a group known to still be alive, state media reported.
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