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Paramount Skydance shares rise as Ellison’s bets get bolder

(Corrects day in paragraph 1 to Tuesday from Thursday) By Rashika Singh (Reuters) -Paramount Skydance shares rose 8% on Tuesday in a vote of investor confidence for new CEO David Ellison's pitch on remaking the storied media house for the streaming era. In its first set ...
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US lost jobs through late October, new private-sector data shows

WASHINGTON (Reuters) -U.S. firms were shedding more than 11,000 jobs a week through late October, payroll processor ADP said on Tuesday in its latest real-time estimate of job market trends. Though an ADP report last week estimated the U.S. overall added 42,000 jobs in October ...
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Trump says 50-year mortgages would be no ‘big deal’

WASHINGTON (Reuters) -U.S. President Donald Trump downplayed efforts to offer a 50-year mortgage as a way to make owning a house more affordable than with typical 30-year loans, even as homeowners would pay far more in interest and take longer to build equity. "All it ...
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Boeing keeps up strong delivery pace in October 

By Dan Catchpole SEATTLE (Reuters) -Boeing said on Tuesday that it delivered 53 jets in October, bringing its total for the year to 493, and received 15 new orders last month. The U.S. planemaker delivered 39 of its best-selling 737 MAX jets, including nine to Southwest ...
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Apple pulls two gay dating apps in China under government order

BANGKOK (AP) - Apple said it has pulled two of China's biggest gay dating apps, Blued and Finka, under pressure from Chinese authorities, in the latest sign of a tightening grip on the LGBTQ+ community. An Apple spokesperson said in a statement that the company ...
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S&P 500, Nasdaq slip as tech valuation jitters resurface; federal reopening eyed

(Reuters) -The S&P 500 and the Nasdaq opened lower on Tuesday with concerns around elevated technology valuations resurfacing, while markets monitored progress toward the end of the longest government shutdown in U.S. history. The Dow Jones Industrial Average rose 15.9 points, or 0.03%, at ...
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JPMorgan employs 120 at digital retail bank in Germany, to grow over time

FRANKFURT (Reuters) -JPMorgan has moved 120 employees for its upcoming digital retail bank into its new central Berlin headquarters and expects to hire more people in the years to come in a building with space for 400. The bank, which will launch its Chase digital ...
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Stocks shine as foreigners add $27 billion to EM portfolios in October, says IIF

By Rodrigo Campos NEW YORK (Reuters) -A pick-up in flows into stocks led the way as non-resident investors added $26.9 billion to their emerging markets' equities and debt portfolios in October, data from a banking trade group showed. The inflow last month marks an uptick on ...
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Target to lower prices on 3,000 everyday items for holiday season

(Reuters) -Target is slashing prices on 3,000 everyday items such as food, beverages and household essentials during the holiday season, the retailer said on Tuesday, as it seeks to attract shoppers who are tightening budgets amid economic uncertainties. Retailers are bracing for a muted holiday ...
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Morning Bid: Tech bounce stalls

By Mike Dolan -What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Tuesday's tech-led Wall Street jump on a likely reopening of the U.S. government displayed dogged "buy-the-dip" behavior, but the move has run out of steam into today's Veterans Day ...
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Levi’s to sell $300 jeans in more stores to tap growing demand for premium denim

By Dominique Patton PARIS (Reuters) -Levi's will sell its new line of $300 jeans in more stores next year as it looks to boost growth by tapping into strong demand for premium denim, Chief Financial and Growth Officer Harmit Singh told Reuters. Launched in Asia earlier ...
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Swiss watchmakers rise on optimism over possible reduction in Trump tariffs

By John Revill ZURICH (Reuters) -Shares of Richemont and Swatch Group, owners of luxury Swiss watch brands, rose on Tuesday after U.S. President Donald Trump said he was working with Switzerland on a deal to lower the 39% tariff rate on Swiss exports to the ...
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