Market

Largest Nevada casinos report $2 billion gain in fiscal 2019

  • Feb 08, 2020

CARSON CITY, Nev.  — Nevada’s largest casinos reaped more than $2 billion from gambling, food and beverage sales, room rentals and other factors during the 2019 fiscal year, state regulators reported Friday. The Nevada Gaming Control Board annual “gaming abstract” looked at finan

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Asian stock markets retreat after surge on China tariff cut

  • Feb 07, 2020

Asian stock markets retreated Friday following a surge after China announced a tariff cut on U.S. imports. Market benchmarks in Shanghai, Tokyo, Hong Kong, Seoul and Sydney all declined. Major Asian markets jumped more than 2% on Thursday after Beijing said it will cut duties on $75 billion of U.S. goods as

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Disconnect? Stocks rise despite fears over virus from China

  • Feb 06, 2020

NEW YORK  — The virus outbreak out of China has exposed a seeming disconnect between the financial markets and science. Health experts don’t know how far the virus will spread and how bad the crisis will get, yet stocks are rallying as if investors are expecting no more than a modest hit to

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US trade deficit drops 1.7% last year to $616.8 billion

  • Feb 05, 2020

WASHINGTON  — The U.S. trade deficit fell for the first time in six years in 2019 as President Donald Trump hammered China with import taxes. The Commerce Department said Wednesday that the gap between what the United States sells and what it buys abroad fell 1.7% last year to $616.8 billion. U.S.

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Asian shares up on China efforts despite virus worries

  • Feb 05, 2020

TOKYO  — Asian shares rose Wednesday on optimism that China’s latest actions may help curtail some of the expected economic damage from the virus outbreak. Japan’s benchmark Nikkei 225 gained 1.1% to 23,330.11 in morning trading. Australia’s S&P/ASX 200 added 0.3% to 6,967.20

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Asia shares gain, Shanghai up slightly after Wall St rebound

  • Feb 04, 2020

BANGKOK  — Shares advanced in Asia on Tuesday, with the Shanghai Composite up 0.2% after a rebound on Wall Street overnight. Markets were still far from giving the all-clear on the virus outbreak that has spread to more than 20 countries and killed more than 400 people. But calm returned a

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Asia shares mixed as WHO says China virus a global emergency

  • Jan 31, 2020

Shares were mixed in Asia after the World Health Organization declared the outbreak of a new virus that has spread from China to more than a dozen countries a global emergency. Markets in mainland China remained closed as the U.S. warned against all travel to China following the WHO’s announcement.

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Mario like Mickey? Nintendo banks on profits from characters

  • Jan 31, 2020

TOKYO  — Will Mario follow in the steps of Mickey Mouse? Japanese video game maker Nintendo Co. said Friday it is bullish about profiting from its characters by mirroring the historical appeal of the Disney franchise. “We are thinking about the Nintendo brand that way,” said the compan

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Hummer is making a comeback, but this time it’s electric

  • Jan 31, 2020

DETROIT  — The Hummer, once a gas-guzzling target for environmentalists, is making a comeback. But this time around it won’t burn fuel or spew greenhouse gases. General Motors announced Thursday that it will start selling a battery-powered Hummer pickup truck in September of 2021. At least p

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