Tag Archives: Rebound

Kim Kardashian admits she regrets ‘fast’ rebound fling with Pete Davidson and reveals how she REALLY feels now – Daily Mail

  1. Kim Kardashian admits she regrets ‘fast’ rebound fling with Pete Davidson and reveals how she REALLY feels now Daily Mail
  2. Kim Kardashian Regrets ‘Fast’ Pete Davidson Romance, Admits She Didn’t ‘Deal and Heal’ After Kanye West Split PEOPLE
  3. Kim Kardashian Wants to Save Her, Kanye’s Items for North’s Sweet 16 Us Weekly
  4. Kim Kardashian Admits She Moved on With Pete Davidson Too ‘Fast’ Following Split from Kanye West Just Jared
  5. Kim Kardashian ‘Would Never Take Back’ Her Struggles with Ex Kanye West — and Is Finally ‘at Peace’ PEOPLE
  6. View Full Coverage on Google News

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Cryptocurrencies continue rebound as some say crypto is ‘through the bear market’ – Yahoo Finance

  1. Cryptocurrencies continue rebound as some say crypto is ‘through the bear market’ Yahoo Finance
  2. Crypto Update | Global Economic Crossroads: Volatile Job Market and Accelerating Blockchain Adoption CoinDesk
  3. Crypto Adoption Accelerates in Bitcoin Bull Market as Ethereum’s Shanghai Upgrade Shows Promise, While New Meme Coin Dogetti Gains Loyal Following Analytics Insight
  4. Bitcoin gains thanks to weakening U.S. Dollar, Ethereum approaches $1900 with Hard Fork countdown Proactive Investors
  5. Bitcoin BTC Price, Ether ETH Price Momentum Traveling Divergent Paths CoinDesk
  6. View Full Coverage on Google News

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Housing rebound: Home prices will enter growth cycle akin to 1980s-90s – Markets Insider

  1. Housing rebound: Home prices will enter growth cycle akin to 1980s-90s Markets Insider
  2. US home prices could plunge 20% amid risk of ‘deep’ housing slide, Fed economist warns Fox Business
  3. ‘I can’t afford to sell because I don’t want to lose that rate’: 3% mortgage rates will loom large over the U.S. housing market for years to come Fortune
  4. Decreased Competition from Home Ownership in Increasing Interest Rate Environment Novogradac
  5. U.S. home prices to fall 4.5% in 2023 despite higher rates: Reuters poll Reuters
  6. View Full Coverage on Google News

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Bitcoin price eyes $22K rebound with BTC market structure ‘not yet broken’ – Cointelegraph

  1. Bitcoin price eyes $22K rebound with BTC market structure ‘not yet broken’ Cointelegraph
  2. Crypto Analyst Michaël van de Poppe Says Bitcoin Will Explode By Over 70% Before A ‘Very Fast Black Swan’ Benzinga
  3. This Week in Coins: Bitcoin, Ethereum See First Week of Losses This Year Decrypt
  4. Bitcoin Flashing Conflicting Signals About the Start of the Next Bull Market, According to Two Analytics Firms The Daily Hodl
  5. Michael van de Poppe Predicts Bitcoin Price To Surge More Than 50% – Here’s The Timeline Coinpedia Fintech News
  6. View Full Coverage on Google News

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Wall Street surges, powered by tech rebound

  • Baker Hughes falls on missing Q4 profit estimates
  • Activist investor Elliott Management takes stake in Salesforce
  • Chips on track for biggest daily gain since Nov
  • Indexes up: Dow 0.98%, S&P 1.41%, Nasdaq 2.09%,

NEW YORK, Jan 23 (Reuters) – Wall Street surged on Monday, led higher by technology stocks as investors embarked on an earnings-heavy week with a renewed enthusiasm for market leading momentum stocks that were battered last year.

All three major stock indexes extended Friday’s rally, gaining momentum as the day progressed. The tech-heavy Nasdaq was out front, boosted by a 4.9% jump in semiconductor shares (.SOX).

“This is a remarkable rally in many of the names that did badly last year,” said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield, Connecticut. “No one wants to be watching from the sideline with a bunch a cash as the market gets away from them.”

The session marks a calm before the storm in a week jam-packed with high profile earnings reports and back-end loaded with crucial economic data.

Investors are all but certain the Federal Reserve implement a bite-sized interest rate hike next week even as the U.S. central bank remains committed to taming the hottest inflationary cycle in decades.

Financial markets have priced in a 99.8% likelihood of a 25 basis point hike to the Fed funds target rate at the conclusion of its two-day monetary policy meeting next Wednesday, according to CME’s FedWatch tool.

The Dow Jones Industrial Average (.DJI) rose 328.17 points, or 0.98%, to 33,703.66, the S&P 500 (.SPX) gained 55.93 points, or 1.41%, to 4,028.54 and the Nasdaq Composite (.IXIC) added 232.84 points, or 2.09%, to 11,373.28.

All 11 major sectors in the S&P 500 were higher, with tech (.SPLRCT) up the most, jumping 2.8%.

Fourth-quarter reporting season has shifted into overdrive, with 57 of the companies in the S&P 500 having posted results. Of those, 63% have delivered better than expected earnings, according to Refinitiv.

Analysts now see S&P 500 fourth quarter earnings, on aggregate, dropping 3% year-on-year, nearly twice as steep as the 1.6% annual drop seen at the beginning of the year, per Refinitiv.

This week, Microsoft Corp (MSFT.O) and Tesla Inc , along with a spate of heavy-hitting industrials including Boeing CO (BA.N), 3M Co (MMM.N), Union Pacific Corp (UNP.N) Dow Inc (DOW.N), Northrop Grumman Corp (NOC.N), are expected to post quarterly results.

Tesla Inc (TSLA.O) surged 7.8% as Chief Executive Elon Musk took the stand in his fraud trial related to a tweet saying he had backing to take the electric automaker private.

Baker Hughes Co (BKR.O) missed quarterly profit estimates due to inflation pressures and ongoing disruptions due to Russia’s war on Ukraine. The oilfield services company’s shares were off 0.9%.

Cloud-based software firm Salesforce Inc (CRM.N) jumped 3.1% following news that activist investor Elliot Management Corp has taken a multi-billion dollar stake in the company.

Spotify Technology SA (SPOT.N) joined the growing list of tech-related companies to announce impending job cuts, shedding 6% of its workforce as rising interest rates and the looming possibility of recession continue to pressure growth stocks. The music streaming company’s shares rose 2.1%.

On the economic front, the Commerce Department is expected to unveil its initial “advance” take on fourth-quarter GDP in Thursday, which analysts expect to land at 2.5%.

On Friday, the wide-ranging personal consumption expenditures (PCE) report is due to shed light on consumer spending, income growth, and crucially, inflation.

Advancing issues outnumbered declining ones on the NYSE by a 3.53-to-1 ratio; on Nasdaq, a 1.95-to-1 ratio favored advancers.

The S&P 500 posted 11 new 52-week highs and no new lows; the Nasdaq Composite recorded 66 new highs and 14 new lows.

Reporting by Stephen Culp; Additional reporting by Shreyashi Sanyal and Johann M Cherian in Bengaluru
Editing by Marguerita Choy

Our Standards: The Thomson Reuters Trust Principles.

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Some people are experiencing ‘Paxlovid rebound’ after taking the COVID antiviral pill. Here’s what you should know.

Paxlovid is Pfizer’s antiviral medication to treat COVID-19. (Reuters/Wolfgang Rattay/Illustration)

When the antiviral medication Paxlovid was approved in 2021 to treat COVID-19, doctors began noticing a perplexing trend among some of the patients who took the medication: a rebound case of the virus. After treatment, some people would recover and test negative for the virus, only to test positive or have symptoms come back a few days later. “Paxlovid rebound,” as it’s known, received a lot of media attention when President Biden, first lady Jill Biden, as well as Drs. Anthony Fauci and Rochelle Walensky, director of the Centers for Disease Control and Prevention, all experienced it last year after taking the medication.

Scientists are not sure why this rebound effect occurs when taking Paxlovid, but here are a few things we do know.

What is Paxlovid? How does it work?

Paxlovid is an oral antiviral pill that can be prescribed to people who come down with COVID-19 and are at risk for developing severe disease. This can be individuals who are unvaccinated, the elderly or people with other medical conditions, such as cancer or diabetes. The drug, developed by Pfizer, can protect these high-risk patients from needing hospitalization. Those who are vaccinated but who are at risk for severe outcomes of COVID-19 can also benefit from taking Paxlovid.

U.S. regulators granted emergency use authorization for Paxlovid in December 2021. Today the drug is available by prescription only, from a physician or pharmacist. Anyone ages 12 and older who weighs at least 88 pounds and who is at high risk for severe disease is eligible for the medication. Patients with severe kidney disease — or who are on dialysis — or people with severe liver disease, however, should not take Paxlovid. The drug can also interact with other medications such as those that treat high cholesterol, high blood pressure and migraines, so patients taking these drugs should avoid taking Paxlovid.

Like many antivirals, Paxlovid works best when taken early in the course of illness. The CDC recommends treatment begin within the first five days of experiencing symptoms. Once a person is prescribed the medication, they will take three Paxlovid pills twice a day for five days for a full course that adds up to 30 pills.

The antiviral therapy consists of a combination of two oral antiviral drugs — nirmatrelvir and ritonavir — which work together to stop the viral replication process. By reducing a person’s viral load, the medication lessens the severity of their symptoms.

In clinical trials, which were conducted when the Delta variant was predominant, Paxlovid was found to reduce the risk of hospitalization or death by 89% in high-risk people. Since its approval, many clinical studies that have been conducted around the world have also confirmed the drug’s high level of protection against hospitalization and death.

With Omicron being a highly immune-evasive variant that has rendered many antibody treatments ineffective, vaccine experts worried that Paxlovid would lose its effectiveness too. Fortunately, that doesn’t seem to be the case. According to recent research, the drug continues to offer significant protection against hospitalization and death and can also offer a substantial benefit even to vaccinated patients diagnosed with COVID-19.

Other studies, however, have found no evidence of Paxlovid benefiting people younger than age 65.

“I don’t think we need to push Paxlovid in every 20-year-old who comes down with COVID or 35-year-old who’s healthy,” Dr. Bruce Farber, chief of public health and epidemiology at Northwell Health, the largest health care system in New York state, told Yahoo News. “But in those who are at high risk, those who are elderly, who have not been vaccinated, those who have comorbidities, those who are immunosuppressed, [for] those people [it] can make a significant difference,” he added.

In addition to keeping high-risk patients from getting very sick, Paxlovid can reduce the risk of symptoms of long COVID, a November study conducted by the Department of Veterans Affairs found.

What is Paxlovid rebound?

The CDC defines Paxlovid rebound as when, after completing the full five-day course of treatment, a person experiences either a reemergence of symptoms or tests positive after having tested negative for COVID-19. According to the CDC, this rebound effect tends to occur between two and eight days after initial recovery. But experiencing a rebound, the agency said, doesn’t mean that a person was resistant to Paxlovid, nor does it mean they were reinfected with the virus. Additionally, the CDC has said Paxlovid rebound cases are typically mild, resolve within a few days, and there’s no evidence that additional treatments are needed for these patients.

Despite Paxlovid’s efficacy even in the setting of Omicron, the medication is being underutilized in the U.S. and other parts of the world. According to a report by the London-based health analytics firm Airfinity, U.S. physicians have prescribed the drug in only about 13% of new COVID-19 cases, Nature recently reported. Experts have said concerns about suffering from potential Paxlovid rebound is one of the reasons this may be happening.

Farber also said that another reason Paxlovid is being underutilized has to do with the virus itself.

“This virus is much less virulent even though it’s more contagious,” he said, adding that the need for Paxlovid “became less.”

Scientists are still studying why this rebound effect occurs when taking Paxlovid, as well as who is more likely to experience it. However, recent research has found that rebound can also happen to people who develop COVID-19 and don’t take Paxlovid. Studies are underway to understand why this happens, Farber said.

“More recent data suggests that rebound also occurs in people who recover from COVID who have not gotten Paxlovid, and it occurs at probably similar rates, whether you take Paxlovid or not,” Farber said, adding that rebound cases after taking the drug were initially thought to occur in roughly 5% of cases but that research has shown it may happen more often than initially thought. “More recent articles say it may be as common as 10 or 15% of cases,” he said.

What to do if you experience Paxlovid rebound

If someone’s symptoms return or they test positive after Paxlovid treatment, the CDC advises following its isolation guidance and quarantining again for five days. Isolation can end after this period if a person is fever-free for 24 hours without the use of fever-reducing medications. The agency also recommends wearing a mask for 10 days after rebound symptoms start.

The CDC encourages doctors and patients to report Paxlovid rebound cases to Pfizer’s portal for adverse events associated with the drug.

Finally, Farber said that Paxlovid rebound is still fairly uncommon and that it shouldn’t deter people and their doctors from using the life-saving medication when needed.

“In theory, it could prolong their isolation. But I think [people] should realize that this can occur even without Paxlovid. So it becomes really not an important distinguisher, of whether they get it or not,” he said.

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Jim Cramer says these 5 Nasdaq losers could rebound in 2023

CNBC’s Jim Cramer on Friday named four stocks that he believes could mount a comeback this year.

To come up with his picks, he parsed through last year’s worst-performing stocks listed in the Nasdaq 100. 

“Out of the Nasdaq’s biggest losers, I think Qualcomm, Lam Research, Micron, and Airbnb will work this year, although not necessarily the first half,” he said, adding, “and don’t forget Illumina.”

Here are his thoughts on each stock:

Qualcomm

  • Cramer said that while Wall Street expects the semiconductor company to start losing iPhone orders in 2024, it’s possible the company could hold to at least some of those orders due. The company’s push into the auto market should also help the stock, he added.

Lam Research

  • He acknowledged that the near future could be ugly for chipmakers. However, “you can’t afford to wait around too long after this next bad quarter, because Lam’s stock will bottom months before the business does,” he said.

Micron

  • He advised investors to wait several months to buy shares of Micron, but make sure to do so before the chip glut is over. “Once there’s any sign of a bottom, this thing will bounce back like crazy — always has,” he said.

Airbnb

  • Cramer said that the company should continue to make money this year thanks to the current travel boom. Investors interested in the stock should buy it gradually on the way down, he added.

Illumina

  • He said that while the company is “superb,” he’d rather own shares of Danaher than Illumina.

Disclaimer: Cramer’s Charitable Trust owns shares of Qualcomm and Danaher.

Jim Cramer’s Guide to Investing

Click here to download Jim Cramer’s Guide to Investing at no cost to help you build long-term wealth and invest smarter.

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Live news updates: Chinese equities rebound despite concerns over economy

Chinese regulators have banned celebrities from endorsing a host of products, including tobacco products, off-campus tutoring, formula foods, healthcare and medical goods.

The new rules, released by the State Administration for Market Regulation and six other groups on Monday afternoon, will constrict the lucrative world of celebrity endorsements, which has been plagued by high-profile scandals in recent years.

The new rules ban celebrities from endorsing the products via social media, television commercials, live streams or interviews.

“Celebrities should consciously practice socialist core values ​​in their advertising endorsement activities,” the rules sate. “Activities should conform to social morals and traditional virtues.”

The rules include internet influencers in their definition of celebrities, reflecting the increasingly powerful role that livestreamers and online personalities can play in promoting products.

Livestreamers, such as Chu Fei, left, are becoming increasingly influential in China © Qilai Shen/Bloomberg

They also ban promotion of “deformed aesthetics” and use of images or likenesses of party and state leaders or revolutionary heroes.

Any products that a celebrity does endorse must be thoroughly tested by them first, and the results of the test must be recorded in advance, the new rules state.

Companies should “consciously resist the selection of illegal and immoral celebrities as advertising spokespersons”, they added.

The celebrity endorsement industry has been hit by a series of scandals. Most recently, Li Jiaqi, a livestreamer, disappeared from public view for three months after featuring a tank-shaped cake on a June 3 video, which, some analysts speculated, Beijing had interpreted as an implicit reference to the anniversary of the Tiananmen massacre the next day.

“If an enterprise knows or should know that a celebrity has made wrong political remarks or other remarks that violate the core socialist values ​​…it shall… determine that the relevant advertisement obstructs social stability and social public order,” the new rules state.

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World Series score, takeaways: Astros rebound in Game 2 vs. Phillies behind big first inning, Framber Valdez

For the second time in the 2022 World Series, the Houston Astros barged to a 5-0 lead over the Philadelphia Phillies. In contrast with the taut and stunning Game 1, however, the Astros in Saturday night’s Game 2 were able to preserve that lead and prevail by a score of 5-2. The win evens the best-of-seven series at 1-1 ahead of Sunday’s travel day. 

In Game 2, the Astros enjoyed a big first inning and then a fifth-inning two-run home run from Alex Bregman, all off Phillies starter Zack Wheeler. That was more than enough for Houston’s lefty starter Framber Valdez, who fared very well against a Phillies team that was one of MLB’s most potent offenses against left-handers during the regular season. Prior to Saturday’s victory, the Astros had lost seven of the last eight World Series games played at Minute Maid Park.

Now for some takeaways from Game 2.

Valdez stymied the Phillies

Lefty Framber Valdez struggled in his pair of World Series starts last fall, surrendering 10 runs on 12 hits over 4 2/3 innings against the Braves. He vindicated himself on Saturday, allowing just one run over 6 1/3 innings. 

Valdez surrendered four hits and three walks, but struck out nine batters on 104 pitches. He didn’t allow the Phillies to get a runner into scoring position until the sixth inning, and he subsequently neutralized that threat by striking out a batter and then inducing an inning-ending double play.

Valdez generated a game-high 15 swings and misses, including nine on his curveball. His signature sinker, meanwhile, clocked in 1.7 mph faster than usual when compared to the regular season.

Altuve and the Astros made history in the first

During the regular season, the Astros’ offense led all of MLB with an OPS of .860 in the first inning. (That sort of thing can happen when you have the likes of Jose Altuve and Yordan Alvarez coming to the plate in the opening frame on a consistent basis.) In the first inning of Game 2, they lived up to that advanced billing and then some. In fact, they made a bit of World Series history en route to a three-run inning: 

As you can see, the Astros are one of just three teams to open a playoff game with three straight extra-base knocks and the only one to do so in the World Series. Specifically, the Astros in the first inning on Saturday night ripped three doubles in a span of four pitches from Phillies co-ace Zack Wheeler, whose night will be examined in further depth below. Altuve yanked a first-pitch sinker from Wheeler for a double, and then Jeremy Peña did the same to a curve. Alvarez fouled off a high fastball and then doubled off a slider that was in almost the same location. 

Altuve’s knock was particularly encouraging for him and Houston, as he quite uncharacteristically entered Game 2 just 4 for 37 during these playoffs. Later in Game 2, Altuve added a pair of singles for his first three-hit game since the final game of the regular season against … the Phillies. You had know Altuve wouldn’t stay down for long. 

All that work done by the top of the Houston lineup set the desired tone, as it gave them an 80 percent chance of winning Game 2 going into the second inning. 

Wheeler struggles on long rest

Zack Wheeler had his start pushed back from Game 1 to Game 2 so that he could have an additional day of rest. Unfortunately for the Phillies, it did him no good.

Wheeler struggled out of the gate, surrendering three extra-base hits in an inning for the fifth time in his career in the first inning. It was the first time in his career that such an inning had led off the game. He would later surrender another extra-base hit, a two-run home run by Alex Bregman that gave the Astros a 5-0 lead. By doing so, he notched the 13th time in his career he’d given up at least four extra-base knocks.

Wheeler finished his night with a line that saw him surrender four earned runs on six hits and three walks. He struck out three and threw 41 strikes on 69 pitches. It’s notable that his velocity appeared to be compromised early on. Both his sinker and his four-seamer checked in a little under his seasonal averages for those pitches, though the disparity decreased over the course of his start. Additionally, his slider and curveball actually exceeded their regular-season speeds, according to Statcast.

The Phillies can only hope that Wheeler will be able to perform like his usual self if and when he’s called upon later in this series.

Bregman makes history with home run

As mentioned above, Bregman uncorked a two-run home run in the fifth to give the Astros a 5-0 lead. That was his sixth career home run in the World Series, establishing a new record for the most by a third baseman in the history of the Fall Classic.

Entering the night, Bregman had been tied with Gil McDougald at five apiece. McDougald appeared in 53 World Series games as a member of the New York Yankees in the 1950s. Saturday’s contest marked Bregman’s 22nd career World Series game.

The win was a huge one for Houston

As noted, the best-of-seven series is now tied 1-1, which in essence makes it a best-of-five series with the Phillies set to host the next three contests. It’s hard to call Game 2 a must-win for a team regardless of circumstances, but it was something close to that for the Astros. Consider, for instance, the alternative outcome. If the Astros had lost Game 2 and been down 0-2 and heading out on the road, then they’d have just a 16.9 percent chance of winning the series, at least according to historical best-of-seven series outcomes in MLB. Instead, they’ve in essence made the series a coin-flip, and maybe a bit more favorable than that considering the Astros were the better team during the regular season. Maybe the Astros didn’t have to win Game 2, but they badly needed to. 

What comes next

Sunday will serve as a travel day for the squads as the series shifts to Philadelphia. Game 3 will occur on Monday night. The Phillies were expected to go with Ranger Suárez, but will instead turn to Noah Syndergaard after Suárez made a relief appearance in Game 1. The Astros are expected to start Lance McCullers Jr.

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COVID rebound after Pfizer treatment likely due to robust immune response, study finds

Oct 6 (Reuters) – A rebound of COVID-19 symptoms in some patients after taking Pfizer’s antiviral Paxlovid may be related to a robust immune response rather than a weak one, U.S. government researchers reported on Thursday.

They concluded that taking a longer course of the drug – beyond the recommended five days – was not required to reduce the risk of a recurrence of symptoms as some have suggested, based on an intensive investigation of rebound in eight patients at the National Institutes of Health’s Clinical Center.

All patients in the study had developed robust immune responses, but researchers found higher levels of antibodies in the patients who experienced a rebound.

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The team said their data argues against the hypothesis that impaired immune responses are the reason symptoms return in some patients.

“Our findings suggest that a more robust immune response rather than uncontrolled viral replication characterizes these clinical rebounds,” the team wrote.

The study, published in the journal Clinical Infectious Diseases, followed numerous reports of individuals who took Paxlovid as recommended within five days of infection and saw a return of symptoms after they completed the five-day course of treatment.

President Joe Biden and National Institute of Allergy and Infectious Diseases Director Dr. Anthony Fauci both experienced a COVID rebound after taking the medicine.

The cases raised concerns that Pfizer’s two-drug antiviral treatment could interfere with development of a long-lasting immune response.

The study involved six people whose COVID symptoms returned after taking Paxlovid, and two with rebound symptoms after apparent recovery who did not take the pills. Their responses were compared to a group of six people who had COVID but did not experience a rebound. All volunteers had been vaccinated and boosted and all were infected with some version of the Omicron variant of the virus.

Blood from study volunteers underwent intensive investigation to assess their immune response during the acute infection phase and the rebound phase.

All of the rebound patients had experienced significant improvement in their symptoms before their rebound. Of those who had a rebound after Paxlovid, four had milder symptoms than during their initial infection, one had the same level of severity and one reported worse symptoms.

None of the rebound patients required additional treatment or hospitalization.

Rebound symptoms may be partially driven by a robust immune response to residual virus in the respiratory tract, the study authors suggested. They concluded that the drug does not impede the immune response in some individuals, as some had feared.

Larger and more detailed studies are needed to further understand COVID symptom rebound, the research team said, adding that the current data supports the need for isolation of such patients.

The researchers also suggested that there is still a need to evaluate longer courses of Paxlovid in immunocompromised individuals where the immune response may be ineffective.

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Reporting by Leroy Leo in Bengaluru and Julie Steenhuysen in Chicago; Editing by Bill Berkrot

Our Standards: The Thomson Reuters Trust Principles.

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