Business Stories from February 5, 2020 (Change date)
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Cathay Pacific asks staff to take unpaid leave due to virusFeb 05, 2020 6:00 am - HONG KONG (AP) - Cathay Pacific Airways asked its 27,000 employees on Wednesday to take three weeks of unpaid leave while the Hong Kong carrier struggles with plunging r...
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Graft trial told Malaysian ex-PM's wife was influentialFeb 05, 2020 6:00 am - KUALA LUMPUR, Malaysia (AP) - The wife of Malaysian ex-Prime Minister Najib Razak went on trial Wednesday for alleged corruption in the same courthouse as her husband, w...
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Facebook, YouTube: Firm must stop scraping faces from sitesFeb 05, 2020 6:00 am - Facebook joined YouTube, Twitter and payment service Venmo on Wednesday in demanding that a facial recognition company stop harvesting user images to identify the people...
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Jeff Bezos asks court to dismiss defamation suitFeb 05, 2020 6:00 am - NEW YORK (AP) - Amazon founder Jeff Bezos is asking a California court to dismiss a defamation lawsuit filed against him by his girlfriend's brother, Michael Sanchez. In...
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United Airlines buys flight academy to gain source of pilotsFeb 05, 2020 6:00 am - United Airlines said Wednesday it is buying a flight academy to help produce a new supply of trained pilots, an unusual approach to deal with the wave of retirements now...
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Woman in UK illicit-wealth case loses bid to recover assetsFeb 05, 2020 6:00 am - LONDON (AP) - A woman from Azerbaijan who is suspected by British authorities of having ill-gotten wealth has lost a legal bid to get her seized assets back. The Court o...
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US trade deficit drops 1.7% last year to $616.8 billionFeb 05, 2020 6:00 am - WASHINGTON (AP) - The U.S. trade deficit fell for the first time in six years in 2019 as President Donald Trump hammered China with import taxes. The Commerce Department...
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Grains mixed, livestock mixed.Feb 05, 2020 6:00 am - Wheat for Mar. rose 4.75 cents at 5.62 a bushel; Mar. corn was off 1.50 cents at 3.8075 a bushel, Mar. oats fell 3.50 cents at $3.0450 a bushel; while Mar. soybeans was ...
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Australian bank official says virus is an economic unknownFeb 05, 2020 6:00 am - CANBERRA, Australia (AP) - Australia's deadly wildfires will have no impact on the nation's economic growth this year but the impact of a new virus is still unknown, the...
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LinkedIn CEO steps aside after 11 years, says time is rightFeb 05, 2020 6:00 am - NEW YORK (AP) - The LinkedIn professional networking service is getting a new CEO. Jeff Weiner will become executive chairman after 11 years as chief of the Microsoft-ow...