Dollar steady near two-year high, US GDP awaited

Dollar steady near two-year high, US GDP awaited

The dollar held steady close to a two-year high against its peers on Friday, supported by data showing strong U.S. capital goods orders, while a first-quarter GDP report to be released later in the global day could further reinforce bullishness. The dollar index …
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Amazon sets one-day delivery goal after profit surge

(Reuters) — Amazon.com plans to deliver packages to members of its loyalty club Prime in just one day, instead of two days, part of a spending ramp-up that may curb near-term profits and will up the ante for retail rivals such as Walmart. Shares rose as much …
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US SEC charges truckload carrier with accounting fraud, internal control violation

WASHINGTON, April 25 (Xinhua) — U.S. Securities and Exchange Commission (SEC) said Thursday that it charged a truckload freight company with
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Mattel narrows losses, but stock slumps

Mattel Inc.’s sales fell 3% in the first quarter as slumps at Fisher-Price, American Girl and other brands continued to offset gains by Barbie and Hot Wheels toys. Mattel posted a significantly narrower loss from last year, when the toy maker’s results were …
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Asian Shares Fall on China Stimulus Worries, Weak Earnings

BANGKOK (AP) — Shares were mostly lower in Asia on Friday after an overnight decline on Wall Street spurred by disappointingly weak earnings reports from 3M and other industrial companies. Concern that China may temper its economic stimulus pulled …
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