Business Stories from March 11, 2020 (Change date)
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Gilead, Cloudera rise; Halliburton, Hanesbrands fallMar 11, 2020 3:31 pm - NEW YORK (AP) - Stocks that moved heavily or traded substantially on Wednesday: Cloudera Inc., up 4 cents to $7.89. The software company reported better-than-expected fo...
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Corporate debt loads a rising risk as virus hits economyMar 11, 2020 4:01 pm - WASHINGTON (AP) - A gyrating stock market is seizing headlines as the coronavirus threatens corporate profits and economic growth. Yet it's in the normally temperate bon...
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Weathering the stock markets: one investor's strategyMar 11, 2020 1:31 am - NEW YORK (AP) - Buy and hold - and don't sell when the stock market plunges. That's the strategy many market pros use, and it has served me well through more than three ...
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Saudi Aramco to boost capacity; Abu Dhabi to increase supplyMar 11, 2020 7:05 am - DUBAI, United Arab Emirates (AP) - Saudi Arabia steamed ahead on Wednesday with its new energy play by directing the kingdom's oil company Aramco on Wednesday to increas...
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Grains, livestock lower.Mar 11, 2020 3:01 pm - Wheat for Mar. was off 9.5 cents at 5.1725 a bushel; Mar. corn lost .75 cent at 3.7925 a bushel, Mar. oats fell .50 cent at $2.68 a bushel; while Mar. soybeans declined ...
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Bank of England cuts key interest rate to 0.25% due to virusMar 13, 2020 9:06 am - LONDON (AP) - The Bank of England has cut its key interest rate by 0.5 % to 0.25%, as an emergency measure in response to the outbreak of COVID-19. The central bank said...
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PepsiCo buying energy drink maker Rockstar for $3.85BMar 11, 2020 7:05 am - NEW YORK (AP) - PepsiCo is buying the energy drink maker Rockstar Energy Beverages for $3.85 billion. PepsiCo and Coca-Cola have moved aggressively in their pursuit of c...
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Administration weighs delaying tax deadline amid outbreakMar 11, 2020 1:40 pm - WASHINGTON (AP) - The Trump administration is working on plans to delay the April 15 federal tax deadline for some taxpayers in a bid to soften the impact of the coronav...
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Asian shares mostly lower despite hopes for US economic aidMar 11, 2020 12:01 am - TOKYO (AP) - Stocks were mostly lower in Asia on Wednesday despite gains on Wall Street on hopes the Trump administration will act to cushion the economic pain of the vi...
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Canadian firm starts US prep work for Keystone XL pipelineMar 11, 2020 3:40 pm - BILLINGS, Mont. (AP) - A Canadian company said Wednesday it has started preliminary work along the route of the proposed Keystone XL oil sands pipeline through the U.S. ...