Business Stories from March 3, 2020 (Change date)
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Stocks shed some gains after G-7 holds off new stimulusMar 03, 2020 6:00 am - LONDON (AP) - Stock markets shed some gains Tuesday after the Group of Seven countries held off announcing new measures to help the global economy cope with the disrupti...
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Virus spread prompts Fed to slash rates in surprise moveMar 03, 2020 6:00 am - WASHINGTON (AP) - In a surprise move, the Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy ...
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Hit by power shortages, South Africa's economy in recessionMar 03, 2020 6:00 am - JOHANNESBURG (AP) - Widespread power cuts are blamed for pushing South Africa's economy, the continent's most industrialized, into recession, according to official stati...
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Malaysian central bank cuts key rate to counter slowdownMar 03, 2020 6:00 am - KUALA LUMPUR, Malaysia (AP) - Malaysia's central bank reduced its key overnight policy rate by 0.25 percentage points to 2.5% on Tuesday, citing worsening economic condi...
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Australia cuts rate to record low 0.5% to fight virus impactMar 03, 2020 6:00 am - CANBERRA, Australia (AP) - Australia's central bank on Tuesday cut its benchmark interest rate by a quarter of a percentage point to a record low of 0.5% in response to ...
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Target sales dinged by shortened holiday seasonMar 03, 2020 6:00 am - NEW YORK (AP) - Target reported strong fourth-quarter profits, though its sales were weighed down weak toy and electronics sales during the crucial holiday shopping seas...
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Indiana hospital bill proposal rolled back amid protestMar 03, 2020 6:00 am - INDIANAPOLIS (AP) - Indiana lawmakers on Monday rolled back a proposal that could cut how much insurance companies pay for medical services performed at offices located ...
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Developer wants to bring luxury 'Garage Lodge' to Lake ZurichMar 03, 2020 4:40 am - A plan to build a luxury car garage in a Lake Zurich industrial park received positive feedback from the village board Monday night. Retired commercial real estate devel...
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G-Hub Transport becomes U-Haul dealerMar 03, 2020 12:00 am - ELGIN - U-Haul Company of Illinois announced G-Hub Transport Corp. has signed on as a U-Haul neighborhood dealer. G-Hub Transport Corp., 1900 Berkley St. will offer U-Ha...
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DuPage could sell vacant parcel along Naperville RoadMar 03, 2020 12:00 am - DuPage officials are trying to decide what to do with land the county has owned for nearly two decades at the confluence of Naperville Road, Warrenville Road and I-88 ne...