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Dow breaks 25,000 as U.S., global growth hopes remain strong
NEW YORK (Reuters) - The Dow Jones industrial average rose above the 25,000 level for the first time on Thursday and other major indexes scaled new records, propelled by strong economic data both in the United States and abroad.
Wall Street ends higher on strong economic data
(Reuters) - The S&P 500 index rose above 2,700 for the first time on Wednesday and other major indexes hit record highs as technology stocks climbed amid indications of robust economic growth in the United States and overseas.
US STOCKS SNAPSHOT-Wall St ends higher on strong economic data
Jan 3 (Reuters) - The S&P 500 index rose above 2,700 for the
first time on Wednesday and other major indexes hit record highs
as technology stocks climbed amid indications of robust economic
growth in the United States and overseas.
Post Office expects to deliver 3 billion pieces of mail this week
The U.S. Postal Service said it expects to process and deliver nearly 3 billion pieces of first-class mail this week, which should make it the busiest week of the holiday season. The Post Office also expects to deliver nearly 200 million packages this week. For the entire holiday season, between Thanksgiving and New Year's Day, USPS expects to deliver more than 850 million packages, which is up 10% from the same period a year ago. To help facilitate the surge in volume, the USPS said it will expand Sunday deliveries in some high-package volume locations during the holidays. The USPS expects to deliver more than 6 million packages each Sunday in December, and will deliver Priority Mail Express packages on Christmas Day in some locations. The USPS's announcement comes at a time when shares of fellow package delivery companies United Parcel Service Inc. have gained 0.4% over the past 3 months and FedEx Corp. have rallied 11.6%, while the S&P 500 has gained 6.9%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
Lyft starts Canada service in first international foray
U.S. ride-hailing company Lyft Inc on Tuesday launched its service in Toronto, marking the first time it has taken its battle against the much larger Uber Technologies Inc outside of the United States. Lyft presents itself as a friendlier version of Uber, which is facing investigations by governments around the world, including in Canada, over its cover up of a massive 2016 data breach.
UPDATE 1-Lyft starts Canada service in first international foray
TORONTO, Dec 12 (Reuters) - U.S. ride-hailing company Lyft
Inc on Tuesday launched its service in Toronto, marking the
first time it has taken its battle against the much larger Uber
Technologies Inc outside of the United States.
Singapore online gaming firm Sea's Q3 revenue up 4 pct
* Sea reports first results since IPO. * Q3 e-commerce GMV rise 219 pct y/y. Singapore-based online gaming and e-commerce firm Sea Ltd (SE) reported a 4 percent rise in third-quarter revenue and a wider loss as it boosted marketing spending, in its first earnings report since going public in the United States in October.
Poland's PGNiG signs first mid-term deal for LNG supplies from U.S.
Poland's dominant gas firm PGNiG has signed its first mid-term deal for liquefied natural gas deliveries from the United States, as part of a wider plan to cut its reliance on Russian supplies, it said on Tuesday. PGNiG said that as part of the deal, signed with Centrica LNG Co. Ltd, it will receive nine LNG shipments in 2018-2022.
FDA approves first digital ingestion tracking system med
The Food and Drug Administration has approved the first drug in the United States with a digital ingestion tracking system in an unprecedented step to ensure that patients with mental disorders take the medicine prescribed for them.
FDA approves first drug in U.S. with digital ingestion tracking
Nov 13 (Reuters) - The U.S. Food and Drug Administration
said on Monday that it had approved Otsuka Pharmaceutical Co
Ltd's Abilify MyCite, the first drug with a digital
ingestion tracking system to be approved in the United States.
BRIEF-First United Q3 earnings per share $0.25
First United Corp(FUNC): * First United Corporation(FUNC) announces 3rd quarter 2017 earnings. * Q3 earnings per share $0.25. * First United Corp (FUNC) qtrly net interest income $10.1 million versus $9.5 mln Source text for Eikon: Further company coverage:
Slow start for Lufthansa on new U.S. route after Air Berlin collapse
Lufthansa's first flight from Berlin to the United States in over 16 years took off on Wednesday, although a slow start to sales shows the difficulties involved in trying to replace the gaps left by insolvent rival Air Berlin.
Alphabet's Waymo to launch robotaxis with no human in driver's seat
Alphabet Inc's Waymo will launch a ride-hailing service with no human behind the steering wheel and has been testing the fully self-driving cars on public roads in Arizona, Chief Executive John Krafcik said on Tuesday. The test without a human in the driver's seat is a first in the United States as large tech companies, big automakers and well-funded startups race to develop fully autonomous cars.
BRIEF-Starbucks says opening first princi bakery and cafe location in United States
Starbucks Corp(SBUX) - * ANNOUNCED OPENING OF FIRST PRINCI BAKERY AND CAFÉ LOCATION IN UNITED STATES AT ITS STARBUCKS RESERVE ROASTERY IN SEATTLE Source text for Eikon: Further company coverage:
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