Business Stories from January 30, 2020 (Change date)
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Hummer is making a comeback, but this time it's electricJan 30, 2020 6:00 am - DETROIT (AP) - The Hummer, once a gas-guzzling target for environmentalists, is making a comeback. But this time around it won't burn fuel or spew greenhouse gases. Gene...
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Mexico's economy entered recession in 2019Jan 30, 2020 6:00 am - MEXICO CITY (AP) - Mexico's economy entered a recession in 2019, according to preliminary fourth quarter data released by the country's statistics institute. While Mexic...
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Consumer products giant Unilever says sales rose 2% in 2019Jan 30, 2020 6:00 am - THE HAGUE, Netherlands (AP) - Consumer products multinational Unilever's turnover rose 2% in 2019 to 52 billion euros ($57.3 billion), the company said Thursday as it al...
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Uber, Lyft confirm Phoenix airport business as usual for nowJan 30, 2020 6:00 am - PHOENIX (AP) - Ride-hailing companies Uber and Lyft say they won't change their service at Phoenix Sky Harbor International Airport until Arizona's highest court rules o...
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Libya says oil shutdown losses have risen to $560 millionJan 30, 2020 6:00 am - CAIRO (AP) - Losses from the closures of Libya's major oil fields and production facilities have continued to increase, surpassing $560 million for a 10-day period, the ...
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DuPont, Carnival fall; Microsoft, Tesla riseJan 30, 2020 6:00 am - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Thursday: Microsoft Corp., up $4.74 to $172.78 The software company handily beat Wall Street's profi...
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Cost of Juul stake continues to mount for Marlboro makerJan 30, 2020 6:00 am - The company that makes Marlboro cigarettes saw in late 2018 the opportunity to offset declining tobacco sales with a $13 billion investment in Juul, the e-cigarette make...
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Apple, Broadcom told to pay Caltech $1.1B in patent lawsuitJan 30, 2020 6:00 am - LOS ANGELES (AP) - A federal jury on Wednesday decided that Apple Inc. and Broadcom Inc. must pay $1.1 billion to the California Institute of Technology for infringing o...
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IDEX acquires Flow Management Devices for $125 millionJan 30, 2020 12:00 am - Lake Forest-based IDEX Corp. said Thursday it will acquire Flow Management Devices, a privately-held provider of flow measurement systems for the oil and gas industry, f...
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CBBEL makes executive changesJan 30, 2020 12:00 am - Rosemont-based Christopher B. Burke Engineering announced a number of executive changes Thursday, including the promotion of Executive Vice President Michael E. Kerr to ...