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Market News

October 8, 2021
Tesla’s Texas Move Is Latest Sign of California Losing Tech Grip
California Governor Gavin Newsom frequently touts that his state is the leader in cutting-edge manufacturing and green technology. Now one of the...
October 8, 2021
Robinhood Sees Crypto, Order Flow Payment Risks in Filing Update
Robinhood Markets Inc. said that regulatory intervention in cryptocurrency trading, and in a payment arrangement between brokerages and trading...
October 8, 2021
Boeing Zeroes in on Cause of Sticky Valve in Starliner Craft
Boeing Co. is closing in on the root cause of a faulty valve issue that halted a high-profile test flight of its Starliner spacecraft in August, the...
October 8, 2021
Apple Seeks to Delay Ruling Loosening Its Grip on App Store
Apple Inc. is angling to delay making the most significant change to its App Store business model since the platform was launched in 2008, an...
October 8, 2021
Nissan Unveils High-Tech Green Factory for Next-Generation EVs
Nissan Motor Co. is planning to spend more than 130 billion yen ($1.2 billion) implementing new technologies that will make its global factories more...
October 8, 2021
U.S. Pushes Back Against Military Vaccine Mandate Lawsuit
A Justice Department lawyer pushed back on military personnel claims that kicking them out of the service for refusing to get vaccinated will result...
October 8, 2021
McConnell Warns Biden He Won’t Help in Next Debt-Limit Standoff
In the Friday letter, McConnell pointed out that Senate Republicans provided enough votes this week to help advance a measure that avoided a default...
October 8, 2021
PG&E Warns of Possible Blackouts on Monday Due to Fire Risk
PG&E Corp. said it may need to cut power to residents in 18 counties across Northern California starting on Monday to prevent its live power...
October 8, 2021
Asian Mall Operator Taps Bitcoin Mining, NFTs to Boost Income
For a sense of the seemingly unstoppable spread of cryptocurrencies, consider the latest strategy of Malaysian mall and property developer Hatten...
October 8, 2021
Genesys Owners to Weigh IPO at Up to $20 Billion Value
The private equity owners of Genesys are considering an initial public offering for the call-center technology provider and aiming for a valuation as...