Business Stories from March 11, 2020 (Change date)
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Bank of England cuts key interest rate to 0.25% due to virusMar 11, 2020 7:00 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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Administration weighs delaying tax deadline amid outbreakMar 11, 2020 7:00 am - 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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Judge: Woman defamed Steve Wynn with police report of rapeMar 11, 2020 7:00 am - LAS VEGAS (AP) - A Nevada judge has ruled a woman defamed former casino mogul Steve Wynn when she reported to Las Vegas police in 2018 that Wynn raped her in Chicago in ...
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Cathay Pacific says it faces 'substantial loss' due to virusMar 11, 2020 7:00 am - HONG KONG (AP) - Cathay Pacific Airways, one of Hong Kong's most prominent businesses, warned Wednesday it faces a 'œsubstantial loss'ť in the first half of this year du...
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Grains, livestock lower.Mar 11, 2020 7:00 am - 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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Port firm DP World sees 2019 profits drop 8.3% as it delistsMar 11, 2020 7:00 am - DUBAI, United Arab Emirates (AP) - Dubai-based port operator DP World said Wednesday its profits fell 8.3% to $1.18 billion in 2019, warning that global trade remains th...
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Grains, livestock lower.Mar 11, 2020 7:00 am - 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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Weathering the stock markets: one investor's strategyMar 11, 2020 7:00 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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Corporate debt loads a rising risk as virus hits economyMar 11, 2020 7:00 am - 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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Saudi Aramco to boost capacity; Abu Dhabi to increase supplyMar 11, 2020 7:00 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...