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
Lockdown snacking: Lots to munch on when PepsiCo reports results
(Reuters) - Will people break their lockdown snacking habit once the pandemic eases?
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.
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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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.
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.
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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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.
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.
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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