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Joined on 13 June, 2008

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The start of earnings season failed to give Wall Street the excitement investors had hoped for as the main U.S. stock indexes finished lower. More here:

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Retail sales in the U.S. fell for a third straight month in December, further evidence that the economy lost speed at the end of 2020. More here:

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From @Breakingviews: The French finance minister opposes a $20 billion takeover of European retailer Carrefour by Canadian convenience-store operator Couche-Tard. @aimeedonnellan explains

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Finance Minister Bruno Le Maire's assertion of France's opposition to a possible near-$20 billion takeover of Carrefour by Canada's Alimentation Couche-Tard sent the French retailer's shares tumbling over 4%. More here:

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Credit card firm Capital One fined for violating U.S. anti-money laundering law

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WATCH: BMW has Tesla in its sights as it aims to double sales of its fully electric vehicles this year

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Wall Street’s main indexes closed lower as shares of Wells Fargo, JPMorgan Chase and Citigroup tumbled even though they had posted better-than-expected fourth-quarter profits. More here:

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U.S. retail sales fell for a third straight month in December as renewed measures to slow the health crisis triggered job losses. More here:

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Replying to @Breakingviews: JPMorgan is flush with capital, and raised over $2 trillion for clients in 2020. Yet its loan growth came mainly from go…

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WATCH: Amazon faces a class-action lawsuit over an allegation it's inflating the prices of ebooks in collusion with some publishers

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Replying to @Breakingviews: President-elect Joe Biden has an ambitious stimulus plan and he wants to increase supplemental jobless benefits by $400…

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From @Breakingviews: France has raised food sovereignty concern about Couche-Tard's $20 billion offer for Carrefour, @aimeedonnellan explains

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Finance Minister Bruno Le Maire expressed France's opposition to a possible near-$20 billion takeover of Carrefour by Canada's Alimentation Couche-Tard. More here:

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Credit card firm Capital One fined for violating U.S. anti-money laundering law

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WATCH: BMW aims to double its sales of fully-electric vehicles in 2021

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Trump directs government to minimize procurement from China

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Wall Street’s main indexes finished lower, weighed down by big U.S. banks after their earnings reports

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Retail sales dropped in the U.S. for the third straight month in December. The slowdown in retail spending came amid a new wave of job losses and renewed measures to slow the health crisis. More here:

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Canada PM Trudeau tells finance minister to avoid additional permanent spending

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President-elect Joe Biden has an ambitious stimulus plan and he wants to increase supplemental jobless benefits by $400 a week. While touting his skills negotiating across the aisle, with the Senate split 50-50 he will have to compromise, says @GinaChon.

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JPMorgan is flush with capital, and raised over $2 trillion for clients in 2020. Yet its loan growth came mainly from government-backed programs and lending to rich clients. Big banks have strong balance sheets they’re not really using, says @johnsfoley.

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