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Asian shares advance despite losses on Wall Street

Hong Kong advanced 2.5% and other regional benchmarks were moderately higher. Oil prices slipped.
Signs of progress in China's effort to bring outbreaks of coronavirus under control appeared to be outweighing concern over weaker than expected Chinese economic data for April.
Investors also are watching for comments by Federal Reserve officials that might provide insight into the U.S. economic outlook and future policy moves.
"Markets remain in... Read More
New US hospitals face fiscal crisis over COVID relief money

In the end, that same timing may be the reason for the hospital's undoing.
Now deep in the red two years into the pandemic, the 29-bed, $40 million hospital with a... Read More
Conspiracy theorists flock to bird flu, spreading falsehoods

Barns once filled with chattering birds were suddenly silent. Employees were anguished by having to kill sickened animals. The family business, started in 1924, was at serious risk.
His business recovered, but now the virus is back, again imperiling the nation's poultry farms. And this time, there's another pernicious force at work: a potent wave of misinformation that claims the bird flu isn't real.
"You just want to... Read More
AP Exclusive: Black Lives Matter has $42 million in assets

In a new, 63-page Form 990 shared exclusively with The Associated Press, the Black Lives Matter Global Network Foundation Inc. reports that it invested $32 million in stocks from the $90 million it received as donations amid racial justice protests in 2020. That investment is expected to become an endowment to... Read More
Musk's China ties add potential risks to Twitter purchase

Other companies that want access to China give in to pressure to follow Beijing's positions on Taiwan and other issues. But Twitter is shut out by internet barriers that block most Chinese users from seeing global social media, which gives Beijing no leverage over the company, though the ruling Communist Party uses it to spread propaganda abroad.
Tesla Inc.'s ambitions in China might give Beijing that leverage to... Read More
Top Stories in Business/Finance
- Asian shares advance despite losses on Wall Street
- New US hospitals face fiscal crisis over COVID relief money
- Conspiracy theorists flock to bird flu, spreading falsehoods
- AP Exclusive: Black Lives Matter has $42 million in assets
- Musk's China ties add potential risks to Twitter purchase
- Buffett's firm reveals new stakes in Paramount, Citigroup
- US allows more baby formula imports to fight shortage
- Musk hints at paying less for Twitter than his $44B offer
- Federal Election Commission deadlocks, won't punish Trump
- Rebuffed by Spirit, JetBlue goes hostile in takeover bid
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