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Spirit Airlines stock plunges 60% on report it is preparing to file for bankruptcy protection

Spirit Airlines (NYSE:SAVE) stock has plummeted over 60% Wednesday after a Wall Street Journal report said the low-cost airline is preparing to…
Stock

Amgen shares pare losses as drugmaker sees no bone safety concerns in obesity drug

Investing.com – Shares in Amgen (NASDAQ:AMGN) rose in premarket US trading on Wednesday after the drugmaker said there was no link between the…
Stock

US Supreme Court to hear Nvidia bid to avoid securities fraud suit

By John Kruzel and Andrew Chung WASHINGTON (Reuters) – The U.S. Supreme Court is set on Wednesday to hear arguments in Nvidia…
Stock

Amazon, IKEA join other ocean cargo shippers to boost demand for new green fuels

By Lisa Baertlein (Reuters) – Amazon.com (NASDAQ:AMZN) and IKEA, in alliance with about three dozen other companies that depend on ocean freight,…
Stock

Tesla recalls over 2,400 Cybertrucks in sixth callback this year

(Reuters) -Tesla said on Wednesday it was recalling 2,431 Cybertruck electric pickup trucks in the United States as loss of drive power…
Economy

Futures lower, earnings ahead, SoftBank Group reports – what’s moving markets

Investing.com – US stock futures pointed slightly lower, with traders gauging the staying power of a post-election rally in equities. Data shows that…
Economy

WTO may seek to reappoint chief ahead of Trump presidency

By Emma Farge GENEVA (Reuters) -The World Trade Organization plans a special meeting of its top decision-making body later this month where…
Economy

Brazil central bank warns of extended rate-hike cycle if inflation expectations worsen

By Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank said on Tuesday that further deterioration in inflation expectations could extend the monetary tightening…
Economy

Explainer-Is reform of Germany’s debt brake on the cards?

By Maria Martinez BERLIN (Reuters) – A new government beckons in Germany after the implosion of its ruling coalition, but it will…
Economy

Bank of England’s Pill says pay growth stuck at high level

LONDON (Reuters) -Bank of England Chief Economist Huw Pill said labour market data released earlier on Tuesday showed inflation pressures in Britain…
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