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Amazon Buys Jets from Airlines to Bolster Deliveries

Amazon on Tuesday announced it bought jets from a pair of airlines, bolstering its delivery network as online shopping booms and travel withers during the pandemic.

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Ex-Employee Steals Digger, Smashes 50 Vans in Spain

A disgruntled former employee went on a New Year's Eve rampage at a Mercedes plant in Spain, smashing up some 50 new people carriers with a stolen digger, police said Tuesday. 

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UK's Brexit Plans Hold Up as First Working Week of 2021 Begins

UK ports on Monday sailed through the first working day since Britain left the EU's single market and customs union, with preparations for post-Brexit trade holding firm as traffic remained muted.

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Dow Drops 2% amid Profit-Taking, Senate Runoff Uncertainty

U.S. stocks were sharply lower at midday Monday, with analysts pointing to profit-taking and uncertainty about Georgia Senate runoffs that could flip the chamber to Democratic control.

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JPMorgan Chase, Amazon, Berkshire Hathaway to Disband Health Venture

Haven, a joint venture of Amazon, Berkshire Hathaway and JPMorgan Chase formed three years ago to make U.S. health care more affordable, announced on Monday it will disband.

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Hopes for Recovery Help Asian Markets Start New Year with a Pop

Optimism about the economic outlook in 2021 helped Asian investors kick off the new year Monday on a positive note, as hopes surrounding the rollout of coronavirus vaccines offset a frightening surge in infections.

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Minority-Owned U.S. Companies Waited Months for Loans

Thousands of minority-owned small businesses were at the end of the line in the U.S. government's coronavirus relief program as many struggled to find banks that would accept their applications or were disadvantaged by the terms of the program.

Data from the Paycheck Protection Program released Dec. 1 and analyzed by The Associated Press show that many minority owners desperate for a relief loan didn't receive one until the PPP's last few weeks while many more white business owners were able to get loans earlier in the program

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U.S. Closes Key Money-Laundering, Tax Evasion Channel

A major avenue for global money laundering and tax evasion has been closed off by a new law requiring disclosure of owners of U.S. shell companies used to hide billions of dollars.

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New York Stock Exchange Delists Chinese Telecoms Firms

The New York stock exchange has begun the process of delisting three Chinese telecoms companies as it seeks to comply with an order by the Trump administration barring investment in firms with ties to the Chinese military.

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French State Rescues Ailing Media, Retail Group Lagardere

French publishing and retail group Lagardere, which has been rocked by the Covid-19 pandemic, has received a nearly half-a-billion-euro rescue package underwritten by the state, the government gazette showed Sunday.

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