Business Stories from February 27, 2020 (Change date)
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World stocks slide on signs virus outbreak is spreadingFeb 27, 2020 6:00 am - Global stock markets fell Thursday on concerns that the coronavirus was spreading to more countries, putting further strain on businesses and supply chains across the wo...
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Officials: Chinese industry recovering, more aid comingFeb 27, 2020 6:00 am - BEIJING (AP) - Small, mostly private companies that are the engine of China's economy are back to operating at one-third of normal levels after anti-virus controls shut ...
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Delivery giant DoorDash takes step toward public offeringFeb 27, 2020 6:00 am - NEW YORK (AP) - Food delivery giant DoorDash has taken a first formal step toward a stock market debut. The San Francisco-based company said Thursday that it had filed ...
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US mortgage rates decline; 30-year loan at 3.45%Feb 27, 2020 6:00 am - WASHINGTON (AP) - U.S. long-term mortgage rates declined this week as growing concern over the economic impact of China's viral outbreak spurred a steep downturn in glob...
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Company to close Indianapolis site, lay off 199 workersFeb 27, 2020 6:00 am - INDIANAPOLIS (AP) - An Indianapolis asset financing and fleet management company has told the state it plans to close its Indianapolis facility, eliminating 199 jobs. 19...
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Grains lower, livestock lower.Feb 27, 2020 6:00 am - \CHICAGO (AP) - Grain futures were lower Thursday in early trading on the Chicago Board of Trade. Wheat for Mar. delivery was off 7.40 cents at $5.3320 a bushel; Mar. co...
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Grains mostly lower, livestock lowe.Feb 27, 2020 6:00 am - Wheat for Mar. declined 11 cents at 5.2925 a bushel; Mar. corn lost 6 cents at 3.6450 a bushel, Mar. oats fell 5.25 cents at $2.7350 a bushel; while Mar. soybeans rose 5...
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UK court blocks Heathrow expansion over climate concernsFeb 27, 2020 6:00 am - LONDON (AP) - Heathrow Airport's plans to increase capacity of Europe's biggest travel hub by over 50% were stalled Thursday when a British court said the government fai...
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Regulators boost PG&E's wildfire fine to $2.1 billionFeb 27, 2020 6:00 am - SAN FRANCISCO (AP) - California power regulators on Thursday slapped Pacific Gas & Electric with a $2.1 billion fine for igniting a series of deadly wildfires that lande...
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Prosecutor: Arkema jeopardized public safety during HarveyFeb 27, 2020 6:00 am - HOUSTON (AP) - A company that owns a suburban Houston chemical plant jeopardized public safety when it failed to remove dangerous chemicals ahead of Hurricane Harvey in ...