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Wall Street marked the dawn of President Joe Biden's administration with stocks rallying to record highs as hopes build that new leadership in Washington will mean more support for the struggling U.S. economy.

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SAN RAMON, Calif. (AP) — A long-running Silicon Valley soap opera took an unexpected twist on Wednesday after outgoing President Donald Trump pardoned a former Google engineer for stealing self-driving car secrets shortly before joining Uber.

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BEVERLY HILLS, Calif. (AP) — PacWest Bancorp (PACW) on Wednesday reported fourth-quarter net income of $116.8 million.

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Stocks rallied to record highs on Wall Street Wednesday on encouraging company earnings reports and continued optimism that new leadership in Washington will mean more support for the struggling economy.

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WASHINGTON (AP) — In his final remarks as president, Donald Trump tried to take credit for accomplishments of his predecessor and even those to come under President Joe Biden.

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BOSTON (AP) — A prominent Miami developer and investor who was among a slew of wealthy parents charged with paying hefty bribes to get their children into elite universities was pardoned early Wednesday by President Donald Trump.

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BRUSSELS (AP) — The European Union’s top officials breathed a sigh of relief on Wednesday that Joe Biden will be taking over as president of the United States, but they warned that the world has changed after four years of Donald Trump and that trans-Atlantic ties will be different in the future.

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As you take a closer look at your financial footing amid the headwinds of a pandemic, it’s an excellent time to examine the possible impact of a Joe Biden presidency on money matters.

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DAKHLA, Western Sahara (AP) — Beneath a star-packed sky in the Sahara, smugglers and handymen unearth a boat buried in the sand, a made-to-order vessel for carrying migrants from the North African coast to Spain’s Canary Islands.

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WASHINGTON (AP) — Janet Yellen, President-elect Joe Biden's choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its $1.9 trillion pandemic relief plan, rejecting Republican arguments that the measure is too big given the size of…

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TOKYO (AP) — Asian shares were mostly higher Wednesday, ahead of Joe Biden's inauguration as U.S. president. Japan's benchmark lost early gains as worries grew about the surge in coronavirus cases.

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LOS ANGELES (AP) — A California cannabis industry group announced Tuesday that it reached an agreement with a state credit union that will provide checking, wire transfers and other banking services for more marijuana companies, helping ease what has been an obstacle for many businesses.

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SAN RAMON, Calif. (AP) — Netflix’s video streaming service has surpassed 200 million subscribers for the first time as its expanding line-up of TV series and movies continues to captivate people stuck at home during the ongoing battle against the pandemic.

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ROME (AP) — Italian Premier Giuseppe Conte squeaked through a crucial Senate confidence vote Tuesday night, allowing him to keep his wobbly coalition afloat but failing to secure the reliable support needed from lawmakers to help him effectively govern the country with its pandemic-pummeled …

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WASHINGTON (AP) — In a last-minute slap at President Donald Trump, a federal appeals court struck down one of his administration’s most momentous climate rollbacks on Tuesday, saying officials acted illegally in issuing a new rule that eased federal regulation of air pollution from power plants.

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NEW YORK (AP) — The founder and CEO of MyPillow, who amplified President Donald Trump's claims of election fraud, said a backlash against his company has begun after a mob stormed the U.S. Capitol this month.

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Stocks closed higher on Wall Street Tuesday, recovering some of last week’s losses and pulling closer to their record highs.

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LOS GATOS, Calif. (AP) — Netflix Inc. (NFLX) on Tuesday reported fourth-quarter profit of $542.2 million.

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WASHINGTON (AP) — Janet Yellen, President-elect Joe Biden's choice as Treasury secretary, said Tuesday that the incoming administration would focus on winning quick passage of its $1.9 trillion pandemic relief plan, rejecting Republican arguments that the measure is too big given the size of…

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LONDON (AP) — Lawyers for the Duchess of Sussex asked a British judge on Tuesday to settle her lawsuit against a newspaper before it goes to trial by ruling that its publication of a “deeply personal” letter to her estranged father was “a plain and a serious breach of her rights of privacy.”

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WASHINGTON (AP) — Containing the coronavirus outbreak and repairing the economic damage it has inflicted are the top priorities for Americans as Joe Biden prepares to become the 46th president of the United States, according to a new poll from The Associated Press-NORC Center for Public Affa…

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Setting money goals in 2020 was likely an exercise in futility. Maybe you’d been saving for a trip abroad, but the pandemic kept you at home. Or you wanted to save up for a down payment on a house, then the recession left you out of a job.

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ROME (AP) — Italian Premier Giuseppe Conte won a crucial vote in Parliament's lower house Monday night after a coalition defector's lawmakers abstained in the balloting, but he must clear a much tougher hurdle less than 24 hours later in the Senate to hold on to power.

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BALTIMORE (AP) — When Joe Biden entered the White House as vice president, the economy was cratering. Job losses were mounting. Stocks were crashing. Millions of Americans were in the early stages of losing their homes to foreclosure as the housing bubble burst.

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GENEVA (AP) — The World Health Organization chief on Monday lambasted drugmakers' profits and vaccine inequalities, saying it’s “not right” that younger, healthier adults in wealthy countries get vaccinated against COVID-19 before older people or health care workers in poorer countries and c…

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BERLIN (AP) — The International Energy Agency says oil and gas companies aren't doing enough to reduce the release of methane, a potent source of planet-heating emissions, that is seeping out of pipelines and production plants.

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PARIS (AP) — France's Michelin Guide, which has long served as a bible for foodies, is adapting its awards ceremony in Paris for the year that was like no other - 2020. It is handing out its stars for the shuttered industry at a virtual ceremony to a virtual public.

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BEIJING (AP) — China eked out 2.3% economic growth in 2020, likely becoming the only major economy to expand as shops and factories reopened relatively early from a shutdown to fight the coronavirus while the United States, Japan and Europe struggled with rising infections.

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SEOUL, South Korea (AP) — Billionaire Samsung scion Lee Jae-yong was sent back to prison on Monday after a South Korean court handed him a two and a half-year sentence for his involvement in a 2016 corruption scandal that spurred massive protests and ousted South Korea’s then-president.

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LOS ANGELES (AP) — Richard Branson's Virgin Orbit reached space on Sunday, eight months after the first demonstration flight of its air-launched rocket system failed, the company said.

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LONDON (AP) — The U.K. government plans to offer a first dose of COVID-19 vaccine to every adult by September as the nation’s health care system battles the worst crisis in its 72-year-history.

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BELGRADE, Serbia (AP) — Vaccines from the West, Russia or China? Or none at all? That dilemma faces nations in southeastern Europe, where coronavirus vaccination campaigns are off to a slow start — overshadowed by heated political debates and conspiracy theories.

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HONG KONG (AP) — E-commerce workers who kept China fed during the coronavirus pandemic, making their billionaire bosses even richer, are so unhappy with their pay and treatment that one just set himself on fire in protest.