Rising US bond yields hit global markets, Asian stocks fragile

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Rising US bond yields hit global markets, Asian stocks fragile

TOKYO (Reuters) – Asian shares were fragile on Friday after benchmark U.S. Treasury yields surged to a seven-year high and strong economic data fanned concerns about inflation and the risk of faster-than-expected interest rate rises.
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Tronc no more: Company reverting to 'Tribune Publishing Co.'

NEW YORK (AP) – It's Tronc no more. The Chicago-based media company says it's ditching the name and will revert to its “Tribune Publishing Co.
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6.5 million pounds of beef recalled for possible Salmonella contamination; 6 Utah cases confirmed

Six Utahns have contracted salmonellosis in connection with a recently announced recall of a 6.5 million-pound batch of beef from Arizona that was possibly contaminated with Salmonella, according to the Utah Department of Agriculture and Food.
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Bond king Jeff Gundlach says Treasury market is witnessing a 'game changer'

For investors looking for an inflection point in the bond market, this is it. Jeff Gundlach, chief executive of Doubleline Capital, on Thursday projected that U.S.
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Corona Beer Maker's Bet on Marijuana Has Already Netted More Than $1 Billion

Constellation Brands, the company behind Corona beer, bought a huge stake in the marijuana company Canopy Growth in October of last year, an investment that has already made huge profits for the company.
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