Wednesday, May 5, 2021

Associated Press

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Facebook board upholds Trump suspension

SAN FRANCISCO (AP) — Former President Donald Trump won’t return to Facebook — for now. The social network’s quasi-independent Oversight Board voted to uphold his...

Yellen clarifies she is not predicting Fed rate increases

WASHINGTON (AP) — Treasury Secretary Janet Yellen said Tuesday that she is not predicting when the Federal Reserve may need to start raising interest...

Bill would prohibit vaccine requirement for state facilities

BATON ROUGE, La. (AP) — Louisiana state agencies and public colleges would be unable to require coronavirus vaccines for entry into their facilities, if...

Weak opening on Wall St led by healthcare, consumer stocks

Shares are opening lower on Wall Street Tuesday led by the consumer discretionary and healthcare sectors. The S&P 500 was down about 0.5% in...

US trade deficit hits record $74.4 billion in March

WASHINGTON (AP) — The U.S. trade deficit surged to a record $74.4 billion in March as an improving U.S. economy drove purchases of imported...

CVS take on 2021 gets rosier, profit jumps 11%

CVS Health hiked its 2021 forecast and beat Wall Street's first-quarter as a growing insurance business countered hits the health care giant took from...

US sets pandemic-era high for air travel, over 1.6 million

The United States set another record for the number of air travelers since the pandemic set in, although passenger numbers remain far below 2019...

Business Highlights for 05-04-2021

Democrats must find narrow path to curb high medicine prices WASHINGTON (AP) — President Joe Biden’s call for authorizing Medicare to negotiate lower prescription drug...

Louisiana Senate agrees to ban discrimination on hairstyles

BATON ROUGE, La. (AP) — The Louisiana Senate unanimously voted to make it illegal for employers to discriminate against someone because of their hairstyle,...

Wall Street opening higher Monday on strong earnings

Stocks are rising on Wall Street early Monday, following markets in Europe higher on the back of strong gains by blue chip companies including...