Business Stories from February 12, 2020 (Change date)
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World stocks rise on hopes virus disruption can be containedFeb 12, 2020 6:00 am - TOKYO (AP) - Global stock markets rose Wednesday on hopes that central banks and governments are able to help the economy get past the disruptions created by the outbrea...
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Chief executive at MGM Resorts says he'll step downFeb 12, 2020 6:00 am - LAS VEGAS (AP) - Jim Murren, the head of casino giant MGM Resorts International, says he'll step down as chairman and chief executive as soon as the company finds a succ...
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SoftBank's profit drop amid WeWork worries, Sprint approvalFeb 12, 2020 6:00 am - TOKYO (AP) - Japanese technology conglomerate SoftBank Group Corp. said its profit for the last quarter dropped amid worries about the perceived risk of its investments ...
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BP lays out plans to be net zero in emissions by 2050Feb 12, 2020 6:00 am - LONDON (AP) - Energy company BP said Wednesday it aims to eliminate or offset all carbon emissions from its operations and the oil and gas its produces by 2050, becoming...
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Dutch police: Letter bomb contained extortion demandFeb 12, 2020 6:00 am - THE HAGUE, Netherlands (AP) - A letter bomb that detonated Wednesday in an Amsterdam mail sorting center was sent by an extortionist who is demanding payment in bitcoins...
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Virus outbreak in China poses a new problem for BoeingFeb 12, 2020 6:00 am - Boeing sold no new airline jets in January, and now the company is worried that the virus outbreak in China could hurt airplane deliveries in the first quarter. Chief Fi...
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Fire erupts at ExxonMobil refinery in Louisiana; no injuriesFeb 12, 2020 6:00 am - BATON ROUGE, La. (AP) - A blaze inside a Louisiana refinery that turned the night sky a shade of orange and sent a large plume of smoke into the air over Baton Rouge has...
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Grains higher, livestock mixed.Feb 12, 2020 6:00 am - Wheat for Mar. rose 5.50 cents at 5.4750 a bushel; Mar. corn was up 3.25 cents at 3.83 a bushel, Mar. oats gained 4.75 cents at $3.04 a bushel; while Mar. soybeans advan...
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Solid earnings send stock indexes higher on Wall StreetFeb 12, 2020 6:00 am - Stocks closed broadly higher on Wall Street Wednesday, driving the S&P 500 and Nasdaq indexes to more record highs. Technology stocks powered much of the rally as inves...
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Scandinavian Airlines pulls ad after online criticismFeb 12, 2020 6:00 am - COPENHAGEN, Denmark (AP) - Scandinavian Airlines has temporarily removed an online ad after criticism on social media, particularly from anti-immigration parties, that t...