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Treasury yields steady as traders await Fed minutes

Bond yields were little changed early Wednesday as traders waited for minutes from the Federal Reserve’s end of January meeting to be published later in the day.

Currency with King Charles III to enter into circulation in June

The first currency with a portrait of King Charles III will enter circulation in June, the Bank of England said Wednesday.

BT to sell the BT Tower, which will become a hotel

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British nuclear sub missile launch fails during test for second time in a row, report says

A missile test-fired from a British nuclear submarine failed to launch, the second failed test in a row, The Sun newspaper reported, ahead of a Commons briefing to lawmakers on the topic.

Bed Bath & Beyond parent ‘dissatisfied’ with Q4 results, reassessing its portfolio

Beyond, the owner of Bed Bath & Beyond and Overstock, said revenue fell in the latest quarter and that it is reviewing its portfolio to meet its full-year financial goals.

Japan’s exports rise nearly 12% in January, boosted by cars, chip-making equipment

Japan’s exports increased in January thanks to higher demand for cars and semiconductor-manufacturing equipment, data from the Ministry of Finance showed Wednesday.

Jeff Bezos has sold 50 million Amazon shares this month, for around $8 billion

Amazon.com Inc. founder Jeff Bezos sold another $2 billion tranche of stock in recent days, bringing his total stock sales this month to about $8 billion.

OpenAI’s Sam Altman has plans for AI that could mean big money for Intel

The semiconductor industry and U.S. policy leaders both see immense value in a strong, U.S.-based foundry for AI chips.

Tripadvisor can reincorporate in Nevada, Delaware judge says, but can still face shareholder lawsuit

Tripadvisor Inc. can move its incorporation from Delaware to Nevada, a judge said Tuesday, but shareholders will be allowed to seek damages from the move.

Teladoc’s stock dives after it forecasts slower growth in virtual healthcare

Shares of Teladoc Health Inc. sank after hours Tuesday after the telehealth provider, known for its BetterHelp therapy platform, offered a largely downbeat forecast for the months ahead and warned that the market for virtual-healthcare services is getting saturated.

George Soros’ fund set to become largest shareholder in radio giant Audacy

Radio and podcasting giant Audacy Inc. has received court approval to emerge from bankruptcy, with George Soros’ investment fund on track to become the company’s largest stakeholder.

Citigroup CEO Jane Fraser got a 6% raise last year. Here’s how her compensation compares to other bank CEOs.

Citigroup Chief Executive Jane Fraser got a roughly 6% year-over-year raise last year, bringing her total 2023 compensation to $26 million, the bank said on Tuesday, citing what it said were her “sound” strategic priorities.
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