Business Stories from April 1, 2020 (Change date)
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Grains lower, livestock lower.Apr 01, 2020 3:00 pm - Wheat for May lost 18.50 cents at 5.5025 a bushel; May. corn fell 6 cents at 3.3475 a bushel, May oats was off 4 cents at $2.6025 a bushel; while May soybeans declined 2...
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Macy's to be removed from S&P 500; credit rating downgradedApr 02, 2020 6:28 am - Its market value just a fraction of what it was five years ago, Macy's is being removed from the S&P 500 index. Macy's has been struggling amid competition from discount...
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Mercedes has worst Takata air bag recall completion rateApr 01, 2020 1:30 pm - DETROIT (AP) - Of all the automakers that are recalling dangerous Takata air bag inflators, Mercedes is the laggard when it comes to getting repairs done. The German aut...
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WarnerMedia names former Hulu chief Jason Kilar CEOApr 01, 2020 12:30 pm - NEW YORK (AP) - Jason Kilar, the founding chief executive of Hulu and a former Amazon senior vice president, has been named CEO of WarnerMedia, the company announced Wed...
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US construction spending down 1.3% in FebruaryApr 03, 2020 7:56 am - WASHINGTON (AP) - Spending on U.S. construction projects fell 1.3% in February with housing and nonresidential construction both showing weakness even before the coronav...
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Feder: Citing coronavirus impact, 22nd Century Media goes out of businessApr 03, 2020 6:27 am - The coronavirus pandemic and its calamitous effect on advertising revenue has put a suburban Chicago news organization out of business after 15 years, Robert Feder write...
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First Midwest commits $2.5M to COVID-19 effortsApr 03, 2020 8:06 am - CHICAGO - First Midwest Bank said it will commit $2.5 million for aid in the response to the COVID-19 pandemic. Through the First Midwest Charitable Foundation, First Mi...
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AAR, Sumitomo start joint ventureApr 02, 2020 10:21 am - WOOD DALE - Aviation services provider AAR and Sumitomo Corp., a Japanese trading company, are launching a joint venture that will distribute aircraft parts and offer av...
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Costco, Home Depot limit shoppers in storesApr 03, 2020 6:20 am - Costco and Home Depot are limiting customers allowed inside stores in an effort to avoid spreading coronavirus. Costco will allow no more than two people to enter with ...
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Daily Herald wins 22 awards from Illinois Press AssociationApr 03, 2020 8:07 am - The Daily Herald has won 22 awards, including three first-place finishes for photography and editorial writing, in the annual Illinois Press Association journalism conte...