Georgia News Desk

Financial Market

China launches probe of Microsoft’s data practices, alleging “major problems”

The Chinese government expanded its probe of Microsoft’s business practices in the country, alleging “major problems” in the company’s electronic data. In a statement, China’s State Administration for Industry and

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Short seller flips, Lumber Liquidators soars

Shares of Lumber Liquidators Holdings (LL) soared more than 25% Tuesday after hedge fund manager Whitney Tilson reversed position and covered his short bet against the flooring retailer. The company’s

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2015 was good year for M&A-minded companies

Easy money, hunger for market share and increasingly open borders for global business have driven companies worldwide to pursue deals in the most heated mergers and acquisition year ever. The

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Stocks rise in attempt to break 3-day slide; oil drops again

Stocks rose Thursday as Wall Street attempts to halt its recent 3-day downturn despite another drop in oil prices. Investors have been confronting a variety of worries this week including

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Stocks’ win streak hits six weeks

Stocks ended mostly higher Friday and bond yields spiked after a robust October jobs report increased the odds that the

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Labor market, retail sales and industrial production —gaining momentum

A light week of economic news will highlight whether some key economic engines — the labor market, retail sales and

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Exchange to crack down on manipulators

The nation’s third largest stock exchange operator is seeking to crack down on “spoofing” and other manipulative practices that may

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Economy grew in all 12 districts in May and June

The U.S. economy gained momentum in May and June on a pickup in consumer spending and the housing market, but

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Nasdaq new high but up just 0.2% from 2000 peak

The Nasdaq composite made history yesterday, topping its old intraday record high from March 2000. Markets cheered the news. But

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Altera shares jump on talk of Intel bid

Shares of computer chipmaker Altera are up Friday amid renewed speculation about an acquisition by industry giant Intel. Shares of

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December 2018
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