From MarketWatch
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Ex-CEO Howard Schultz says Starbucks needs to overhaul its customer experience
A week after Starbucks Corp. reported disappointing quarterly earnings and a gloomy annual forecast, its former chief executive said the coffee chain needs
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Paramount reportedly approves buyout talks with Sony, Apollo
Paramount Global has formally begun negotiations with a buyout group led by Sony Pictures Entertainment and Apollo Global Management, the New York Times
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Stock-market bulls face test as consumers start to show signs of stress
As the Fed keeps its key interest rate at a 23-year high, consumers are becoming increasingly stressed, which, if continued, could spell trouble for the U.S.
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U.S. stocks rally on ‘Goldilocks’ jobs report as Wall Street’s fear gauge slides
U.S. stocks have swung to an upbeat start in May, with Wall Street’s “fear gauge” easing to its lowest level since the end of March as investor anxieties
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Vistra Corp. to join S&P 500 index, replacing Pioneer Natural Resources
The electric utility replaces Pioneer Natural Resources on the benchmark index after the latter’s acquisition by Exxon Mobil.
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What Warren Buffett’s Berkshire Hathaway could make from Apple’s dividend hike
Apple said it will increase its cash dividend by 4%, which is good news for Warren Buffett’s company.
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ISM service-sector gauge weakens sharply in April
The Institute for Supply Management said on Friday that its service-sector PMI dropped sharply to 49.4% in April from 51.4% in the prior month.
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FuboTV’s stock surges after losses narrow to half what was expected
FuboTV’s stock powered up in premarket trading Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was
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Oil prices log worst week since February as concerns over Middle East supply risks fade
Oil futures finished lower Friday — with easing concerns over potential supply disruptions in the Middle East, strong U.S. production and signs of slowing
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Stock Market Today: Dow closes 450 points higher after April jobs data, notching third straight week of gains
U.S. stocks closed sharply higher Friday, as Treasury yields fell after a softer-than-anticipated April jobs report. The Dow Jones Industrial Average climbed 450.02 points, or 1.2%, to finish at 38,675.68. The S&P 500 gained 63.59 points, or 1.3%, to end at 5,127.79. The Nasdaq Composite jump
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Jobs report: U.S. economy adds 175,000 new jobs in April, below forecast
A big surprise in the April jobs report was a paltry 5,000 increase in leisure and hospitality jobs. With Americans traveling a ton and going out to eat more than ever, hotels and restaurants have been hiring throngs of people. Job gains have averaged 55,000 a month in the past two years. Not so i
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Wayfair's stock up 3.9% after retailer narrows loss and beats on revenue with quarter 'ending on an upswing'
Wayfair Inc.’s stock rose 3.9% early Thursday, after the online furniture retailer narrowed its quarterly loss and posted revenue that beat estimates.