Business Stories from September 1, 2016 (Change date)
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Weekly requests for US jobless aid rise but still near lowsSep 01, 2016 7:00 am - WASHINGTON (AP) - Slightly more Americans sought unemployment benefits last week, but the overall levels still remain near historic lows in a positive sign for the job m...
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US productivity down in spring, while labor costs riseSep 01, 2016 7:00 am - WASHINGTON (AP) - U.S. productivity fell in the April-June quarter by a larger amount than first estimated, while labor costs accelerated sharply. Productivity declined ...
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WHY IT MATTERS: DebtSep 01, 2016 7:00 am - WASHINGTON (AP) - THE ISSUE: The federal government is borrowing about 1 out of 7 dollars it spends and steadily piling up debt - to the tune of about $14 trillion held ...
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Markets Right Now: US stocks struggle to a mixed finishSep 01, 2016 7:00 am - NEW YORK (AP) - The latest on developments in global financial markets (all times local): 4:00 a.m. September got off to a quiet start on Wall Street as stocks ended nar...
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UPS to raise rates by an average 4.9 percent in DecemberSep 01, 2016 7:00 am - UPS will increase rates on many basic delivery services by an average of 4.9 percent starting Dec. 26. The higher rates will cover U.S. ground shipping, U.S. air freight...
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Facebook adds 'instant video' option to texts in MessengerSep 01, 2016 7:00 am - NEW YORK (AP) - Facebook is adding an "instant video" feature to text messages within its Messenger app. This means users can send each other videos while they are texti...
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EU approves mobile phone joint venture in ItalySep 01, 2016 7:00 am - BRUSSELS (AP) - The European Union's executive Commission on Thursday approved a proposed mobile phone joint venture in Italy between subsidiaries of VimpelCom and Hutch...
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Report: Samsung to recall phones after explosion claimsSep 01, 2016 7:00 am - SEOUL, South Korea (AP) - Samsung will issue a global recall of the Galaxy Note 7 smartphone as soon as this weekend after its investigation on explosion claims found ba...
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Wal-Mart cutting about 7,000 back-office store jobsSep 01, 2016 7:00 am - NEW YORK (AP) - Wal-Mart is cutting about 7,000 back-office store jobs over the next few months as it centralizes its invoice and accounting departments, expanding a tes...
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UK health officials brace for five-day doctors strikeSep 01, 2016 7:00 am - LONDON (AP) - British health officials are bracing for an unprecedented five-day junior doctors strike announced for mid-September. Health Secretary Jeremy Hunt Thursday...