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wallstreet-oct05_19feb20.jpg Stocks have moved mostly higher in morning trading on Wednesday, largely offsetting the weakness seen in the previous session. With the upward move, the Nasdaq and the S&P 500 have reached new record intraday highs.

turkey-may31_19feb20.jpg Turkey's central bank cut interest rates for a sixth policy session in a row, citing continued economic recovery and the need to sustain a disinflation path. The Monetary Policy Committee, led by Governor Murat Uysal, slashed the policy rate, which is the one-week repo auction rate, to 10.75 percent...

Myomo Inc. (MYO), a wearable medical robotics company, has signed a nationwide payer agreement with HOMELINK, an expert in orthotic and prosthetic reimbursement.

housing-starts2-021920.jpg A report released by the Commerce Department on Wednesday showed a pullback in new residential construction in the U.S. in the month of January. The Commerce Department said housing starts slumped by 3.6 percent to an annual rate of 1.567 million in January after soaring by 17.7 percent to a revised rate of 1.626 million in December.

lition-feb19.jpg Microsoft has integrated Lition blockchain on its Azure cloud computing Blockchain platform as a "blockchain as a service" (BaaS) provider. Lition is now one of the few public/private blockchains supported by a major cloud provider like Microsoft. The Microsoft Azure platform will enable Lition to gain additional traction and usage.

coronavirus-feb19.jpg The United States health authorities have imposed travel restrictions on all passengers and crew who were on board a coronavirus-hit cruise ship off Japan, preventing them from entering the country. This include more than 100 U.S. citizens quarantined on board the Diamond Princess cruise ship or in hospitals in Japan for treatment for the deadly virus. They are among 624 passengers and crew in th

us-ppi2-021920.jpg Producer prices in the U.S. increased by much more than anticipated in the month of January, according to a report released by the Labor Department on Wednesday. The Labor Department said it producer price index for final demand climbed by 0.5 percent in January after rising by 0.2 percent in December. Economists had expected producer prices to inch up by 0.1 percent.

wallstreet-sept06_19feb20.jpg After ending the previous session mostly lower, stocks are likely to move back to the upside in early trading on Wednesday. The major index futures are currently pointing to a higher open for the markets, with the Dow futures up by 93 points.

uber-feb19.jpg Ride-hailing giant Uber Technologies has shut down a customer support office in downtown Los Angeles without providing advance notice to its staff and also laid off about 80 employees, the Los Angeles Times reported on Tuesday. Uber employees were informed their jobs would be shifted to a customer support office in Manila in order to support the business as it grows, the report said.

nextgen-feb19.jpg The NextGen Consortium announced the launch of reusable cup pilots in local cafes in the City of San Francisco and City of Palo Alto, California. The local cafes have joined the Consortium's efforts to advance reusable, recyclable and/or compostable cup solutions in select pilots. NextGen Consortium is a multi-year consortium that addresses single-use food packaging waste globally.

wallstreet-feb19.jpg Early trend on U.S. Futures Index is for a higher opening for Wall Street at open. Investors are closely following the progress of efforts of China to control Kovid 19 outbreak. FOMC minutes, Housing Starts data and Producer Price index are the major economic announcements on the day. A slew of Fed...

mikebloomberg1-feb19.jpg Former New York mayor and Democratic presidential aspirant Micheal Bloomberg would sell his financial-data and media company, Bloomberg L.P., if he is elected President, according to a senior adviser to his election campaign. "Mike Bloomberg will release his tax returns. Mike Bloomberg will also sell Bloomberg LP. There will be no confusion about any of his financial holdings blurring the line be

markesper-feb19.jpg U.S. Defense Secretary Mark Esper told the Munich Security Conference that China is a growing threat to Europe. In Europe, there is a focus on the threat from Russia. However, there is also a threat from China, the Pentagon's number one concern, Esper said during his remarks at the conference held in Germany. "America's concerns about Beijing's commercial and military expansion should be [Europe

advancedbionics-feb19.jpg Advanced Bionics LLC, the US unit of Swiss hearing aid maker Sonova Holding AG, has recalled certain un-implanted cochlear implant devices due to decreased hearing performance. The recall would incur costs in the range of 40 million Swiss francs to 50 million francs. In a statement, Sonova said that...

ukinflation-aug15_19feb20.jpg UK consumer price inflation rose more-than-expected in January, after easing in the previous month, to its highest level in six months, led by higher petrol prices. The consumer price index rose 1.8 percent year-on-year following a 1.3 percent increase in December, preliminary data from the Office for National Statistics showed on Wednesday. Economists had forecast 1.6 percent inflation.

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