Business Stories from January 8, 2020 (Change date)
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Walgreens begins 2020 much as it ended 2019, on a sour noteJan 08, 2020 6:00 am - Walgreens is kicking off its year much as it ended its last, with a big earnings plunge. The drugstore chain said Wednesday that first-quarter net income dropped nearly...
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Prosecutors raid lawyer's office where Ghosn worked on caseJan 08, 2020 6:00 am - TOKYO (AP) - Tokyo prosecutors on Wednesday raided a Japanese lawyer's office where former Nissan Chairman Carlos Ghosn had visited regularly before skipping bail last w...
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California lawmakers eye back-up power for cellphone towersJan 08, 2020 6:00 am - SACRAMENTO, Calif. (AP) - When the nation's largest electric utility preemptively shut off power last fall to prevent wildfires in California, customers lost more than j...
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Facebook, eBay crack down on fake reviews after UK warningJan 08, 2020 6:00 am - LONDON (AP) - Britain's competition watchdog said Wednesday that Facebook and eBay pledged to crack down on the trade in fake reviews, removing hundreds of accounts, pag...
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World Bank sees modest global 2020 rebound but trade a riskJan 08, 2020 6:00 am - WASHINGTON (AP) - The World Bank says the global economy should see a modest rebound in growth this year. But the 189-nation lending institution is cautioning that a num...
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German factory orders down 1.3% in NovemberJan 08, 2020 6:00 am - BERLIN (AP) - German factory orders dropped 1.3% in November compared with the previous month, pushed down by a drop in foreign demand and low bulk orders. The drop in o...
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Virgin Galactic's next spaceship reaches build milestoneJan 08, 2020 6:00 am - LOS ANGELES (AP) - Virgin Galactic's next passenger spaceship has reached a major construction milestone, the company said Wednesday. All major structural elements have ...
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Company hired to extract cargo ship months after it capsizedJan 08, 2020 6:00 am - BRUNSWICK, Ga. (AP) - A Texas-based salvage company will cut up and remove a 656-foot (200- meter) shipwreck from St. Simons Sound off the coast of Georgia. The Coas...
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Oil up, stocks down after Iran missile attack on US troopsJan 08, 2020 6:00 am - BEIJING (AP) - Oil prices rose and global stock markets fell Wednesday after Iran fired missiles at U.S. bases in Iraq in retaliation for the killing of an Iranian gener...
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Macy's closing stores despite upbeat holiday sales numbersJan 08, 2020 6:00 am - NEW YORK (AP) - Macy's is closing 29 stores in coming weeks despite the company reporting some improvement in comparable-stores sales during the crucial holiday shopping...