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Saturday, January 29, 2022

Dow falls 396 points, reversing Monday’s gains

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The Dow Jones Industrial Average fell nearly 400 points on Tuesday as the major U.S. markets reversed gains from the beginning of the week.

Marijuana vending machines to offer touchless sales in Colorado, Massachusetts

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Marijuana vending machines are rolling out in Colorado and Massachusetts to offer customers contactless buying at dispensaries in states where pot is legal.

St. Louis Fed chief: Good Q3 would put U.S. near ‘sort of full recovery’

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The U.S. economy has bounced back surprisingly quickly from the shock of the COVID-19 pandemic and could be within reach of a greater recovery by the end of the year, one Federal Reserve president says.

Dow rises 542 points, U.S. markets on pace for best week since April

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A sustained election-week rally put U.S. markets on track for their best week since April on Thursday.

Mayor Erin Mendenhall signs proclamation allowing businesses to expand operations outdoors

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Salt Lake City Mayor Erin Mendenhall has signed Emergency Proclamation 17, giving businesses within the city tools to expand their outdoor operating capacity.

Virginia-based COVID-19 saliva test manufacturer to open Ogden production facility

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A Virginia-based molecular diagnostics company that produces COVID-19 saliva tests is opening a production facility in Ogden.

Dow drops 308 points as travel, retail stocks fall

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U.S. markets declined on Tuesday as shares of travel and retail stocks fell amid worries of renewed global COVID-19 restrictions.

Biden signs executive order expanding bans on investment in Chinese firms

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President Joe Biden on Thursday signed an executive order expanding a Trump administration ban on U.S. investment in Chinese companies deemed national security threats.

South Korean business owners die by suicide after COVID-19 losses

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At least 22 South Korean small business owners have died by suicide after struggling to stay afloat under COVID-19 distancing regulations, according to a commerce group that established a memorial altar near Seoul's National Assembly building this week.
iPhone 'Backdoor'

Apple CEO Cook Condemns iPhone ‘Backdoor’ Order; Calls It ‘Chilling,’ ‘Dangerous’

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Apple CEO Tim Cook on Wednesday said a court order demanding the company create a "backdoor" into the cellphone data of the San Bernardino, Calif., attackers was "chilling" and "dangerous."