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Tuesday, September 26, 2017

Shares of Snap surge on NYSE after high-priced IPO

Analysts and investors on Wall Street who wondered how Snapchat's parent company, Snap Inc., would fare when it hit the open market got their answer Thursday.

Retailer Gordmans declares bankruptcy, plans liquidation

Gordmans, a discount store chain, declared Chapter 11 bankruptcy Monday and announced plans to liquidate its assets.

State Department to sign off on Keystone XL pipeline next week

The U.S. State Department will approve the controversial Keystone XL pipeline by next week -- reversing a block of the project by former President Barack Obama's administration, sources said Thursday.

Iraq sees export potential increasing

Oil exports from the southern port of Basra could increase by substantial levels following upgrades to infrastructure, the Iraqi oil minister said.

Tesla passes GM as most valuable carmaker in U.S.

Tesla, the electric car company, has become the most valuable automaker in the United States, surpassing General Motors on Monday.