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Big Tech companies and banks helped power a broad rally on Wall Street Tuesday, though shares in GameStop and other recent high-flying stocks hyped by online traders plunged. The S&P 500 rose 1.4%, extending gains from a day earlier, as … [Continue reading] about Big Tech leads stocks to broad gains; GameStop, AMC tank
TALLAHASSEE, Fla. (AP) — Florida lawmakers, including Gov. Ron DeSantis, intensified their battle with Facebook, Twitter and Silicon Valley when they announced new proposals Tuesday aimed at reigning in platforms they accuse of squelching the free … [Continue reading] about Florida lawmakers challenge Silicon Valley over ‘censorship’
DALLAS (AP) — Oil giants Exxon and BP reported staggering losses for 2020 on Tuesday as the pandemic crushed energy demand and undercut oil prices. Exxon Mobil Corp. reported the largest losses in its history — nearly $20.1 billion for the fourth … [Continue reading] about Hit by pandemic, oil giants Exxon, BP post huge 2020 losses
NEW YORK (AP) — Jeff Bezos, who founded Amazon as an online bookstore and built it into a shopping and entertainment behemoth, will step down later this year as CEO, a role he’s had for nearly 30 years, to become executive chairman, the company … [Continue reading] about Jeff Bezos, Amazon’s founder, will step down as CEO
YANGON, Myanmar (AP) — Scores of people in Myanmar’s largest city honked car horns and banged on pots and pans Tuesday in the first known public resistance to the coup led a day earlier by the country’s military. What was initially planned to take … [Continue reading] about People in Myanmar honk horns, bang on pots to protest coup
