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Government shutdown could affect revenue results for tech companies

David Paul Morris | Bloomberg | Getty Images George Kurian, CEO of NetApp, speaks at a Bloomberg West Television interview in San Francisco on May 27, 2016 Technology companies that work with the U.S. government could get hit as the shutdown over a border wall continues, some analysts say. It’s …

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Kohl’s shares tumble on holiday sales results

Daniel Acker | Bloomberg | Getty Images Shoppers enter a Kohl’s store in Peoria, Illinois. Kohl’s on Thursday reported holiday sales growth that paled in comparison to its results in 2017, sending shares tumbling. The retailer said sales at its stores and website operating for at least 12 months, on …

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Tesla Summon auto-parking upgrade probably available soon

Qilai Shen | Bloomberg | Getty Images Elon Musk, chief executive officer of Tesla Inc., speaks during an event at the site of the company’s manufacturing facility in Shanghai, China, on Monday, Jan. 7, 2019. A Tesla feature that gets your car to follow you around like a pet and …

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Beijing reports December PPI, CPI as US-China trade talks end

ChinaFotoPress | Getty Images Residents shopping in a supermarket on August 9, 2013 in Lianyungang, Jiangsu Province of China. China’s inflation rose less than expected for the month of December, official data showed on Thursday. The country’s December producer inflation rose 0.9 percent on-year, lower than the 1.6 percent economists …

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Eddie Lampert reportedly submits revised bid of roughly $5 billion to save Sears from liquidation

Daniel Acker | Bloomberg | Getty Images Shoppers exit a newly renovated Sears Holdings Corp. store in Oak Brook, Illinois. Sears Chairman Eddie Lampert has submitted a revised bid of roughly $5 billion in a last-ditch attempt to save the retailer from liquidation, according to a person familiar with the …

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Bed Bath and Beyond soars more than 20% on improved 2019 earnings guidance

Diane Macdonald | Getty Images Bed Bath & Beyond, a home goods store, at Jacksonville Beach, Florida Bed Bath & Beyond said it is ahead of its long-term financial goals in its quarterly earnings released on Wednesday. The stock soared more than 20 percent after hours. The company said it …

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Tesla is sued for a passenger death due to a defective battery

Justin Sullivan | Getty Images Brand new Tesla Model S cars sit on front of a Tesla showroom on August 2, 2017 in Corte Madera, California. Tesla will report second-quarter earnings today after the closing bell. Chicago law firm Corboy & Demetrio said on Tuesday it filed a lawsuit against …

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Herbalife chief resigns over comments made before taking job

Patrick T. Fallon | Bloomberg | Getty Images Herbalife Plaza in Torrance, California. Shares of Herbalife are down more than 2 percent after the resignation of CEO Richard Goudis over comments he made before he became the company’s top executive. The company did not release any details about the exact …

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Wall Street’s new marijuana analyst is overweight Tilray and Canopy

Piper Jaffray initiated coverage on cannabis producers Tilray and Canopy Growth on Tuesday, joining a short — but growing — list of Wall Street brokerages watching the industry. While admitting “we still have much to learn in the sector,” analyst Michael Lavery set overweight ratings for both Canadian marijuana companies …

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Futures higher as US and China conclude trade talks

Damir Sagolj | Reuters President Donald Trump and China’s President Xi Jinping meet business leaders at the Great Hall of the People in Beijing, China, November 9, 2017. Investor focus will also likely be attuned to political developments, as the U.S. government shutdown showed no signs of letting up. President …

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