European stocks edge lower despite Chinese rally. It has been a muted morning for European stocks, with few sharp moves despite an overnight rally in mainland Chinese shares. China’s stock market is now within sight of a full recovery …
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After officially filing for Chapter 11 bankruptcy, Pier 1 Imports has announced the closure of three Utah locations, including one in Orem. Pier 1 was founded with a single store in 1962, and in recent years, it was known as the retailer of unique home décor and …
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Also, it announced that its past accounting and financial reports are being investigated by the Securities and Exchange Commission (“SEC”).
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The Silicon Valley cryptocurrency exchange Coinbase has become the first pure-play crypto startup to earn approval as a Visa principal member, the company said in a blog post on Wednesday (Feb. 19). Membership in Visa gives Coinbase the ability to offer …
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Federal Reserve Bank of Minneapolis President Neel Kashkari said Wednesday that he sees no reason for the central bank to change its interest rate policy stance soon. “We are on pause now for a while” and “I’m comfortable where rates are,” Mr. Kashkari …
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