Business Stories from July 22, 2016 (Change date)
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Workers: Force majeure at ExxonMobil Nigeria may last weeksJul 22, 2016 7:00 am - WARRI, Nigeria (AP) - The force majeure - or freedom from contractual obligations because of extraordinary circumstances - declared by ExxonMobil on Nigeria's largest cr...
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Seoul: North Korean economy shrinks for 1st time in 5 yearsJul 22, 2016 7:00 am - SEOUL, South Korea (AP) - South Korea's central bank said North Korea's economy shrank 1.1 percent last year, in its first contraction in five years. The Bank of Korea s...
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Amazon's Bezos moves past Buffett on world's richest listJul 22, 2016 7:00 am - NEW YORK (AP) - A rough day on Wall Street for Warren Buffett means Amazon's Jeff Bezos is now the third richest person in the world. Bloomberg's billionaire index shows...
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Trump blasts China for trade, currency actionsJul 22, 2016 7:00 am - BEIJING (AP) - Donald Trump accused China of stealing copyrights and unfairly manipulating its currency as he accepted the Republican Party's presidential nomination, ch...
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Business HighlightsJul 22, 2016 7:00 am - ___ Volkswagen has emissions-cheating fix ready DETROIT (AP) - Volkswagen's plan to fix most of its 2-liter diesel engines that cheat on emissions tests includes a compu...
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Samsung sues Huawei for alleged patent violationsJul 22, 2016 7:00 am - SEOUL, South Korea (AP) - Samsung Electronics Co. sued Chinese smartphone maker Huawei for allegedly violating six of its patents in the latest move in a series of deepe...
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18 states see significant job gains, but unemployment risesJul 22, 2016 7:00 am - WASHINGTON (AP) - Unemployment rates ticked up noticeably in six states in June, even as employers continued to add jobs and the hiring outlook improved. The unemploymen...
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US judge rejects $100M investors' lawsuit against VenezuelaJul 22, 2016 7:00 am - COLUMBUS, Ohio (AP) - A federal judge on Friday rejected a $100 million investors' lawsuit against Venezuela in a case that included allegations of fraud, hints of an in...
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Search for Flight 370 will be suspended, possibly foreverJul 22, 2016 7:00 am - PUTRAJAYA, Malaysia (AP) - The more than two-year-long hunt for Malaysia Airlines Flight 370 will be suspended once the current search area in the Indian Ocean has been ...
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Brexit deals heavy hit to UK economy but eurozone holds upJul 22, 2016 7:00 am - LONDON (AP) - Britain's economy appears to be shrinking at its fastest pace since the global financial crisis as a result of the vote to leave the European Union, but th...