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Business

Stock market news: September 30, 2019

The stock rose on Monday as investors continued to look at US.S-China trade development. Here are the major market moves, as of 1:46 p.m. ET: S&P 500 (^ GSPC): + 0.69%, or 20.55 points Dow (^ DJI): + 0.60%, or 160.73 points Nasdaq (^ IXIC): + 0.84%, or 66.52 points US Crude oil prices (CL = F): -2.04% to $ …

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CVS takes Zantac and similar heartburn medications for cancer concern

CVS, the largest pharmaceutical chain in the country, said over the weekend that it would suspend the sale of Zantac and other ranitidine-containing products until further notice. The US Food and Drug Administration said this month that it has learned that some ranitidine drugs – acid reduction and heartburn drugs, including those known by the brand name Zantac – contain …

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Asian shares mostly flat, Japan hurt by Sino-U.S. tensions By Reuters

© Reuters. FILE PHOTO – Passersby are reflected on a stock quotation board outside a brokerage in Tokyo By Hideyuki Sano and Vidya Ranganathan TOKYO / SINGAPORE (Reuters) – Asian stock markets, including China's, were little changed on Monday, shrugging off news that the US administration is considering delisting Chinese companies from U.S. MSCI's broadest index of Asia-Pacific shares outside …

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Qantas flight turns back after tire explodes midair

(CNN) – A Qantas Airways flight in Australia was forced to turn back after a tire on the plane exploded midair shortly after takeoff. The plane was heading from Brisbane to the eastern city of Mackay on Sunday when a nitrogen-filled tire exploded, damaging part of the wing, according to CNN affiliate Seven News. The jet was forced to burn …

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Beijing warned the US in response to possible investment restrictions

A Chinese and US flag at a booth during the first China International Import Expo in Shanghai, taken on November 6, 2018. Johannes Eisele | AFP | Getty Images Beijing calls Washington's potential restrictions on US investment in China "the latest attempt at decoupling," in a Global Times piece published Sunday. Chinese state-owned media say that even news of measures …

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Budweiser APAC opens at HK $ 27.40 per share, up 1.5% on its IPO

Budweiser beer products made by Anheuser-Busch InBev NV were on display at a news conference in Hong Kong, China, on Thursday, July 4, 2019. Kyle Lam | Bloomberg | Getty Images The Budweiser APAC opened up nearly 1.5% in Hong Kong's initial public offering on Monday at this year's second-largest IPO. Its shares opened at 27.40 Hong Kong dollars ($ …

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Forever 21, Which Helped Popularize Fast Fashion, to File for Bankruptcy

Forever 21, the California retailer that helped popularize fast fashion in the United States with its bustling stores and $ 5 tops, said on Sunday night that it would file for bankruptcy, a sign of the eroding power of shopping malls and the shifting tastes of young consumers. The private, family-held company capped months of speculation about its restructuring efforts …

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