Lantheus, South Jersey rise; Discovery, Rent-A-Center fall
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Lantheus, South Jersey rise; Discovery, Rent-A-Center fall.
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NEW YORK (AP) — Stocks that traded heavily or had substantial price changes Thursday: Lantheus, South Jersey rise; Discovery, Rent-A-Center fall.
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By DEE-ANN DURBIN AP Business Writer U.S. shoppers are giving plant-based burgers a pass. Plant-based meat company Beyond Meat says its revenue dropped in the fourth quarter due to weak retail demand. The company based in El Segundo, California, said Thursday that its net revenue fell 1.2% to $100.7 million in the October-December period. That
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By STAN CHOE and ALEX VEIGA AP Business Writers NEW YORK (AP) — Markets swung wildly Thursday as the world reacted to Russia’s invasion of Ukraine. Stocks in Europe fell sharply, while stocks in the U.S. recovered from early losses after President Joe Biden stopped short of implementing the steepest possible sanctions against Russia. The
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By ELLEN KNICKMEYER Associated Press WASHINGTON (AP) — U.S. President Joe Biden has hit Russia with some of the broadest and toughest financial penalties that the world’s biggest economy can muster. Thursday’s move came hours after President Vladimir Putin launched his military’s invasion of Ukraine. The U.S. sanctions and penalties announced so far appear to
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By RAF CASERT and SAM PETREQUIN Associated Press BRUSSELS (AP) — World leaders have condemned Russia’s invasion of Ukraine as “barbaric” and quickly slapped heavy sanctions on the Russian economy, President Vladimir Putin’s inner circle and many of the country’s oligarchs. U.S. President Joe Biden says Putin started the war, and “now he and his
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By The Associated Press Canada has become the first country to authorize use of a plant-based COVID-19 vaccine. The vaccine is made by Medicago of Quebec City and its partner GlaxoSmithKline. Canadian regulators said Thursday the two-dose vaccine can be given to adults ages 18 to 64. Medicago uses plants as living factories to grow
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By MEAD GRUVER Associated Press CHEYENNE, Wyo. (AP) — The governors of four Rocky Mountain states say they will cooperate on developing ways to make hydrogen more available and useful as clean-burning fuel for cars, trucks and trains. Colorado, New Mexico, Utah and Wyoming announced Thursday they’ll plan a “hydrogen hub” to be built somewhere
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By DAVID PITT Associated Press DES MOINES, Iowa (AP) — Iowa Attorney General Tom Miller says dramatic increases in the price of farm fertilizers have prompted him to look into the causes and whether farmers have been subjected to unfair practices. Miller on Thursday said U.S. Agriculture Secretary Tom Vilsack and other state attorneys general
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By STAN CHOE AP Business Writer NEW YORK (AP) — Markets shuddered worldwide Thursday and swung sharply after Russia’s invasion of Ukraine threatened to push the high inflation squeezing the global economy even higher. Initially, stocks tumbled as fear coursed through markets and prices surged for oil, wheat and other commodities on worries the conflict
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By RAF CASERT and SAM PETREQUIN Associated Press BRUSSELS (AP) — European Union leaders have agreed to impose sanctions against Russia that will have “massive and severe consequences.” During an emergency summit Thursday to condemn the invasion of Ukraine, the 27 member countries’ leaders approved punitive measures against Russia’s financial, energy and transport sectors and
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By FRANK JORDANS Associated Press BERLIN (AP) — Germany’s vice chancellor says Russia’s attack on Ukraine will cause western nations to stop buying Russian coal, oil and gas. Fossil fuel sales are an important source of income for Russia. Vice chancellor Robert Habeck said Thursday the crisis will strengthen the case for customers of Russian
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By STAN CHOE AP Business Writer NEW YORK (AP) — Markets shuddered worldwide Thursday and swung sharply after Russia’s invasion of Ukraine threatened to push the high inflation squeezing the global economy even higher. Initially, stocks tumbled as fear coursed through markets and prices surged for oil, wheat and other commodities on worries the conflict
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DETROIT (AP) — A federal judge is refusing to get involved in a spat between a lawyer for Tesla CEO Elon Musk and U.S. securities regulators, at least for now. In an order issued Thursday, District Judge Alison Nathan in Manhattan denied two requests from Musk attorney Alex Spiro and told him he could file
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By MICHAEL CASEY and FATIMA HUSSEIN Associated Press WASHINGTON (AP) — The U.S. Treasury Department has concluded that more than 80% of the billions of dollars in federal rental assistance during the pandemic went to low-income tenants. Treasury also finds that the largest percentage of tenants receiving pandemic aid were Black households and that many
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NEW YORK (AP) — The trial of a former Goldman Sachs banker accused in a massive international swindle has hit a snag. Prosecutors have admitted that emails and other documents were mistakenly withheld from defense. The 1MDB fraud case against Roger Ng went forward in federal court in Brooklyn on Thursday with testimony by the
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By STAN CHOE AP Business Writer NEW YORK (AP) — Stocks tumbled worldwide Thursday after Russia’s attack of Ukraine sent fear coursing through markets and upped the pressure on the high inflation already squeezing the global economy. The S&P 500 sank 1.1% to continue its dismal start of the year. European stocks dropped even more,
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By RAF CASERT and SAM PETREQUIN Associated Press BRUSSELS (AP) — World leaders are reacting to Russia’s invasion of Ukraine with raw outrage and vows of unprecedented sanctions that shroud a sense of powerlessness to defend Ukraine militarily without running the risk of a wider war in Europe. The European Union and the U.S. are
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KALAMAZOO, Mich. (AP) — Federal authorities say a strain of highly pathogenic avian influenza has been detected in Michigan in a non-commercial backyard flock of birds in Kalamazoo County. The Michigan cases were confirmed by the U.S. Department of Agriculture through laboratory testing. The USDA said Thursday that Michigan officials have quarantined the Kalamazoo County
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DALLAS (AP) — A judge has approved a settlement of a lawsuit in which Boeing investors accused company directors of failing to properly oversee safety issues around the 737 Max. Under the settlement, insurers for several current and former Boeing directors will pay $237.5 million. The money will go to Boeing because investors sued on
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By RAF CASERT and FOSTER KLUG Associated Press BRUSSELS (AP) — British Prime Minister Boris Johnson has pledged to hit Russia hard for its aggression in Ukraine and ordered an asset freeze against all main Russian banks. That included VTB, Russia’s second-largest bank. Johnson said his government would aim to cut off Russia from the
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