Investors fear variant will cool economy dragging stocks lower
Global markets fell as fears grew that a faster spreading COVID variant could slow recovery. The S&P 500 dropped 1.6 percent to 4258.49 while the Dow slid 725.81 to 33962.04 and the Nasdaq lost 152.25 to 14274.98 with risk assets retreating.
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U.S. and allies blame China for Microsoft Exchange hack
The Biden administration and allies including the EU and Britain formally blamed China for a major Microsoft Exchange server hack. Officials cited government linked criminals carrying out ransomware and cyber extortion, while the Justice Department charged four Chinese nationals tied to the MSS. No sanctions were announced.
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Ben & Jerry's halts sales in West Bank and East Jerusalem
Ben and Jerry's said it will stop selling ice cream in Israeli occupied West Bank and contested East Jerusalem, citing values and support from fans and partners. It will not renew its license in Israel when it expires next year, while remaining in the country through another arrangement.
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