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Further improvement seen in weak Q1 U S earnings forecast, Refinitiv data shows

The estimated decline in first-quarter S&P 500 earnings has improved from last week and is now at just 0.7% year-over-year, Refinitiv data showed on Friday, thanks to another round of upbeat results from companies including Apple Inc. .

Union to brief striking Hollywood writers as TV production slows

Striking film and television writers are set to meet with union leadership on Wednesday, the second day of a work stoppage that threw Hollywood into disarray as the industry deals with changes brought on by the streaming TV boom.

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