Business Stories from August 4, 2016 (Change date)
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Nokia makes loss on low demand, costs of Alcatel-Lucent dealAug 04, 2016 4:30 am - HELSINKI (AP) - Finnish telecom company Nokia Corp. reported Thursday a second-quarter net loss of 665 million euros ($738 million) due to weak demand for mobile network...
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Financial adviser pleads guilty to $21M Ponzi schemeAug 04, 2016 7:30 pm - PROVIDENCE, R.I. (AP) - A Rhode Island financial adviser has pleaded guilty to orchestrating a $21 million Ponzi scheme. The U.S. Attorney's Office in Providence says 47...
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US investment orders edge up 0.4 percent in JuneAug 04, 2016 9:30 am - WASHINGTON (AP) - A key category of orders to U.S. businesses that tracks investment posted a small gain in June after two months of declines. But overall factory orders...
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Business HighlightsAug 04, 2016 4:30 pm - ___ Breaking up the bundle? Dish relegates ESPN to an add-on NEW YORK (AP) - Dish Network is offering a new "skinny" bundle of about 50 cable channels that doesn't inclu...
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Newfoundland death triggers air bag probes in US, CanadaAug 04, 2016 3:30 pm - DETROIT (AP) - Auto safety regulators in two countries are investigating another deadly air bag problem that could affect up to 8 million vehicles. Investigators in the ...
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Stocks rally, pound drops as Bank of England backs stimulusAug 04, 2016 7:00 am - SEOUL, South Korea (AP) - Global stocks rose and the British pound fell Thursday after the Bank of England unveiled stimulus measures to help the economy deal with the u...
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Slumping fast food sales in US, Canada extend to Burger KingAug 05, 2016 6:22 am - OAKVILLE, Ontario (AP) - Restaurant Brands International said its profit jumped during the second quarter as Burger King's sales weakness in the U.S. was offset by stren...
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Average US 30-year mortgage rate declines to 3.43 percentAug 04, 2016 10:00 am - WASHINGTON (AP) - Long-term U.S. mortgage rates declined this week after rising for three straight weeks, continuing to lure prospective homebuyers. Mortgage giant Fredd...
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UK central bank tries to soften Brexit shock on economyAug 04, 2016 12:30 pm - LONDON (AP) - Britain's central bank launched a range of stimulus measures Thursday meant to jolt confidence back into an economy shocked by the vote to leave the Europe...
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Markets Right Now: Stocks close flatAug 04, 2016 3:30 pm - NEW YORK (AP) - The latest on developments in global financial markets (all times local): 4:05 p.m. Stocks are ending nearly flat on Wall Street as the market continues ...
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