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Business

Enterprise Information: AMC Shares Double, JD Logistics IPO

Daily Business BriefingMay 28, 2021Updated May 28, 2021, 9:45 a.m. ETThe pickup in inflation is coming as rebounding demand and supply shortages push costs higher.Credit...Karsten Moran for The New York TimesPrices are climbing at the…

Wall Road lukewarm on HSBC’s U.S. retail exit

LONDON - HSBC announced on Wednesday that it would end its money-losing US retail business, which Wall Street analysts received with lukewarm applause.Europe's largest bank in terms of assets will be selling some parts of its mass market…