Today's Top Story
Coinbase valued at $83 billion in choppy Nasdaq debut
(Reuters) -Shares in Coinbase Global Inc had a choppy Nasdaq debut on Wednesday, with the cryptocurrency exchange's valuation swinging from as high as $112 billion to as low as $83 billion. Read More
Business News
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Lockdown snacking: Lots to munch on when PepsiCo reports results
(Reuters) - Will people break their lockdown snacking habit once the pandemic eases?
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More than 100 companies sign letter opposing U.S. state voting restrictions
(Reuters) -More than 100 U.S. companies including Apple Inc, Amazon.com Inc, Ford Motor Co and Starbucks Corp have declared their opposition to voting curbs that a number of states are considering implementing.
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GameStop leads "stonks" higher
(Reuters) - Shares in GameStop Corp were up 18.1% in active trading on Wednesday after falling in six of the last seven sessions, putting the video game retailer on track for its biggest gains since March 25.
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Economic News
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As bank earnings roll in, a mixed picture for loans
(Reuters) - JPMorgan Chase & Co, the largest U.S. bank and often heralded as a bellwether for the economy, on Wednesday reported an eye-popping increase in its profit for the first quarter.
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Wall Street ends mixed despite bumper bank earnings
(Reuters) - Wall Street indexes closed mixed on Wednesday, with the Nasdaq Composite and S&P 500 falling despite another record intraday high for the latter and big banks' stellar results on the first day of earnings season.
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U.S. import prices increase solidly, seen temporarily boosting inflation
WASHINGTON (Reuters) - U.S. import prices increased more than expected in March, lifted by higher costs for petroleum products and tight supply chains, the latest sign of inflation heating up as the economy reopens.
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Money News
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Coinbase listing marks latest step in crypto's march to the mainstream
LONDON (Reuters) -Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, will list on the Nasdaq on Wednesday, marking a milestone in the journey of virtual currencies from niche technology to mainstream asset.
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Legion pushes board fight at OneSpan after settlement offer rejected
BOSTON (Reuters) - Legion Partners Asset Management on Wednesday said it is pushing ahead with a proxy contest to seat four directors on OneSpan's board after the cybersecurity firm rejected a settlement proposal from the activist investment firm.
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How to think like a breadwinner
NEW YORK (Reuters) - While men have traditionally held the title of "breadwinner," times are changing. These days, moms are the sole or primary provider for their households more than 40% of the time.
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