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Best Buy raises annual sales forecast

(Reuters) -Electronics retailer Best Buy raised its annual revenue forecast on Tuesday, banking on strong holiday demand as shoppers seize steep discounts to upgrade their laptops, smartphones and other household electronics. The company now expects comparable sales for fiscal year 2026 to rise in the ...
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US negotiated Medicare prices for 15 more drugs to test cost savings promise

By Patrick Wingrove and Deena Beasley (Reuters) -The U.S. government is expected this week to announce negotiated prices for 15 of the highest-cost prescription drugs under its Medicare health plan, a potential signal of the Trump administration's commitment to bring down healthcare costs. The government earlier ...
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US futures ease with investors’ focus on data, Alphabet shines

(Reuters) -U.S. stock index futures edged lower on Tuesday, cooling from a tech-fueled rally on Wall Street in the previous session, as investors awaited economic data and earnings that could offer insight into the resilience of the American consumer. Bucking broader declines, Alphabet gained 3.1% ...
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Netflix sends off ‘Stranger Things’ with bike rides and product blitz

By Lisa Richwine LOS ANGELES (Reuters) -Netflix's hit sci-fi series "Stranger Things" is about to ride to its conclusion with a marketing and merchandising blitz befitting a blockbuster movie. Ahead of the fifth and final season's debut on Wednesday, thousands turned out in Los Angeles at ...
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Rights groups slam Trump administration for ending Myanmar deportation protection as civil war rages

BANGKOK (AP) - Rights groups on Tuesday slammed the Trump administration's decision to end protected status for Myanmar citizens due to the country's "notable progress in governance and stability," even though it remains mired in a bloody civil war and the head of its ...
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Thanksgiving air travel plans cut by US government shutdown

By Doyinsola Oladipo NEWARK (Reuters) -A record number of Americans had been expected to fly during Thanksgiving, but a 43-day government shutdown dampened demand for one of the year's busiest travel seasons. Many skittish travelers rethought their plans as cancellations and delays mounted while the shutdown ...
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Inflation weighing on US income growth ahead of holiday season, study says

By Howard Schneider WASHINGTON (Reuters) -Inflation has helped set back income growth to levels comparable to the slow recovery from the Great Recession more than a decade ago, potentially constraining the spending power of U.S. consumers ahead of the critical holiday retail season, according to ...
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Novartis plans to cut up to 550 jobs at Swiss facility

ZURICH (Reuters) -Novartis said on Tuesday that it plans to cut up to 550 full-time jobs by the end of 2027 at one of the Swiss pharmaceutical firm's sites in Switzerland, stressing the step was not linked to its expansion in the United States. Novartis ...
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UK’s easyJet beats annual profit expectations, lifts target for holidays business

By Joanna Plucinska and Yamini Kalia LONDON (Reuters) -British carrier easyJet reported better-than-expected full-year operating profit on Tuesday and lifted its medium-term target for its holidays business after meeting the previous goal early. Analysts deemed the quarter "reassuringly surprise-free", but shares were down 1.8% by 0851 ...
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South Korea ruling party to propose bill for US investment under tariff deal, report says

SEOUL (Reuters) -South Korea's ruling Democratic Party will propose a bill this week that would facilitate the country's investment in the U.S. under a deal that cuts tariffs on the country's exports, financial news service Money Today reported on Tuesday. The Democratic Party agreed with ...
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UK’s Domino’s Pizza CEO steps down as strategy shift takes shape

(Reuters) -Britain's Domino's Pizza said on Tuesday that CEO Andrew Rennie has stepped down, marking another senior departure as the company shifts strategy to tackle weak sales and rising costs. The chain, which operates under the umbrella of U.S.-based Domino's Pizza in the UK and ...
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Russia’s car market faces bleak 2026 as scrappage fees drive prices up

By Gleb Stolyarov (Reuters) -Russia's depressed car market has shown weak signs of recovery as 2025 draws to an end, but is set to hit near-record lows early next year as higher scrappage fees drive up prices, dealers and experts say. Far from signalling a genuine ...
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