SEOUL—Samsung Electronics Co. Ltd. said on Friday its fourth-quarter operating profit likely jumped 52 percent on-year to its highest for the quarter in four years, helped by solid demand for server memory chips and higher margins in chip contract manufacturing. The world’s largest memory chip and smartphone maker estimated October–December profit at 13.8 trillion won…
Samsung Electronics Q4 Profit Jumps on Server Chip Demand, Foundry Margins
Video: Man Builds Tall Fence to Keep His ‘Airborne’ Dog in the Yard, but the Plan Backfires
Keen to prevent his youngest dog from escaping the yard, a man built a tall fence around his Kentucky home to keep her in. But the plan backfired; the dog made light work of the wooden perimeter, and her funny acrobatics have made her a social media sensation. “I built the fence when I moved…
Man Who Jumped From Taxiing Plane in Phoenix Jailed, ID’d
December 5, 2021
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PHOENIX—Authorities have identified a man who jumped out of a jetliner’s galley door to the tarmac as the plane was taxiing to a gate at the Phoenix Sky Harbor International Airport. Phoenix police said 30-year-old Daniel Ramirez was booked into jail Saturday night on suspicion of two felony counts of trespassing. It was unclear Sunday…
Crude Jumps on Global Energy Crunch; US Oil at 7-Year High
October 11, 2021
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LONDON—Oil prices rose 2 percent on Monday, extending multiweek gains as an energy crisis gripping major economies shows no sign of easing amid a pick up in economic activity and restrained supplies from major producers. Brent crude was up $1.62 cents, or 2 percent, at $84.01 a barrel by 0914 GMT, The highest level since…
US Dollar Net Long Bets Jump to Largest Since Mid-June 2019: CFTC
October 9, 2021
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NEW YORK—U.S. dollar net longs in the latest week surged to their highest level in more than two years, according to Reuters calculations and Commodity Futures Trading Commission data released on Friday. The value of the net long dollar position was $22.89 billion in the week ended Oct. 5, compared with $16.37 billion in the…
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